South Florida FCU is offering a CD and IRA CD special with a 1.50% rate for terms of 1 year, 18 months and 2 years. Minimum deposit is $500. This special is listed in the credit union's front page in the rotating banner as of 1/11/2011.
As a comparison to the internet banks, the best 1-year CD rate is 1.50% APY at CNB Bank Direct.
The credit union used to offer competitive rates on its money market account. For example, in April 2010 the rate had been 1.77%. The rate has plummeted, and it's now only 0.55%.
Membership is primarily based on Select Employee Groups. Several churches and schools are also included. Please refer to the credit union's Who Can Join page for more details.
The credit union is located in Miami, Florida.
South Florida FCU has an overall health score at DepositAccounts.com of 4 out of 5 with a Texas Ratio of 26.09% (above average) based on September 2010 data. Please refer to our financial overview of South Florida FCU for more details. The credit union is federally insured by the NCUA (Charter # 23041).
Searching for the Best CD Rates
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