Neches Federal Credit Union is offering several competitive long-term CD rates. The best rates include a 3.04% APY for 5 years, 2.53% APY for 4 years and 2.02% APY for 3 years. Minimum deposit is $1,000. According to the credit union's Ask-Us database, the early withdrawal penalty for these long-term CDs is 180 days of dividends. These rates are listed at the credit union's CD rates page as of 3/25/2011.
Membership in the credit union is limited to those who live, work, or worship in Jefferson, Hardin, or Orange Counties of Eastern Texas. Please refer to the credit union's membership page for more details.
Neches Federal Credit Union branches are located in Beaumont, Nederland and Port Neches.
The credit union has an overall health score at DepositAccounts.com of 5 stars (out of 5) with a Texas Ratio of 1.14% (excellent) based on December 2010 data. Please refer to our financial overview of Neches Federal Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 7916).
How It Compares?
For CDs nationally available, the best 5-year CD rate is 3.00% APY at Connexus Credit Union but this requires an active checking account. Without a checking requirement, the best 5-year CD rate is 2.93% APY at Melrose Credit Union. The best 5-year rate at a bank is 2.80% APY at Sovereign Bank. These rates are accurate as of 3/25/2011.
Searching for the Best CD and IRA CD Rates
To search for the best nationwide rates and the best rates in your state, please refer to the following sections of DepositAccounts.com: