| Bank or Credit Union | Apy | Min | Max | Product | |
| Fort Financial Credit Union | 0.25% | $500 | - | 30 Month COMFORT Certificate | |
| Fort Financial Credit Union | 0.10% | $500 | - | 12 Month IRA Certificate | |
| Fort Financial Credit Union | 0.10% | $500 | - | 12 Month Roth IRA Certificate |
Special 30-Month CD at Fort Financial Credit Union in Parts of IN, NC, MS, IL and WI
Fort Financial Credit Union has a special 30-month CD with a 2.01% APY. It's called the COMFORT Certificate, and it allows you to bump up the rate one time during the term of the CD and add additional funds at the same time. A checking account is required. Minimum deposit is $500. The special is also available as a Traditional or Roth IRA. The rate is listed at the credit union's rate table as of 12/07/2010.
As a comparison to internet banks, the best 30-month CD rate is 1.74% APY (2.05% APY for a $175K deposit) at USAA Bank. The best 30-month CD rate at a nationwide credit union is 2.15% APY at Navy Federal (limited membership).
Membership in Fort Financial Credit Union is open to anyone who lives, works, worships, attends school within certain areas around Corinth, Mississippi; Fort Wayne, Indiana; Gastonia and Morganton, North Carolina; Janesville, Wisconsin; and South Beloit, Illinois. You can also be eligible via select employer groups. Please refer to the credit union's Membership Page for the full details. Membership requires a minimum balance of $5 in the regular share savings account.
The credit union has an overall health score at DepositAccounts.com of 4 out of 5 with a Texas Ratio of 10.58% (excellent) based on September 2010 data. Please refer to our financial overview of Fort Financial Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 5431).
Searching for the Best CD Rates
To search for the best nationwide rates and the best rates in your state, please refer to the following tables at DepositAccounts.com:
Banks Mentioned in this Post:
| Fort Financial Credit Union Locations: 11 Health Rating:  |   |
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Anonymous - #1, Tuesday, December 7, 2010 - 9:46 PM
This is a spectacular deal because of the very low, $500, permitted opening deposit. You open for $500 now and then a year or eighteen months (or whatever feels right) from now you add on $249,400 (or whatever you have) if rates have remained low between now and then. If rates rise, you just let the account run with the original $500 and add nothing. This is very cheap insurance which might lock in a high rate, short term CD in future. And if not, the cost to try is very low.
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