American Eagle Federal Credit Union is offering a special 9-month certificate with a 1.50% APY. Minimum deposit is $1,000, and the maximum is $500,000. A checking account is required. The credit union also has a fairly competitive standard 5-year CD yield of 2.50% APY. The special and standard CD rates are listed at the credit union's certificates & IRA rates page as of 10/25/2010.
As I mentioned in a post yesterday, CD rates for terms under 1-year are low everywhere. In that post I reviewed the best nationwide 9-month CD rate of 1.35% APY which is offered by Easthampton Savings Bank. The best 9-month CD rate from a well-known internet bank is 1.25% APY at One West Bank (formerly IndayMac Bank).
Membership into American Eagle FCU is open to persons who live, work, worship or attend school in Hartford County, Middlesex County, or Tolland County, Connecticut. Please refer to the credit union's Become a Member page for more details. Membership requires a minimum balance of $5 in the share savings account.
The credit union's overall health score at DepositAccounts.com is 4 out of 5 with a Texas Ratio of 6.72% (excellent) based on June 1, 2010 data. Please refer to our financial overview of American Eagle Federal Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 80).
Searching for the Best CD Rates
To search for the best nationwide CD rates and the best CD rates in your state, please refer to the CD rates section of DepositAccounts.com.