First General Credit Union is offering some competitive long-term CD and IRA CD rates. The best ones are the 2.75% APY 5-year CD and the 2.00% APY 3-year CD. Minimum deposit is $1,000. This is listed in the credit union's promotions page as of 9/9/2011.
The credit union is part of the Save to Win program which uses lottery incentives to encourage saving. You enter by opening a 12-month Save to Win share certificate. The CD allows you to make additional deposits, and each deposit counts as an entry into the sweepstakes. Refer to the Save to Win How it Works page for more details.
Membership in the credit union is open to anyone who works, worships, attends school or lives in Muskegon, Oceana, Ottawa, Newaygo, or Kent counties. Please refer to the credit union's About Us page for more details.
Branches are located in Muskegon, Michigan.
The credit union has an overall health score at DepositAccounts.com of 5 stars (out of 5) with a Texas Ratio of 1.20% (excellent) based on June 2011 data. Please refer to our financial overview of First General Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 61455).
How These CD Rates Compare
For nationally available accounts, the best 5-year CD rate is 2.68% APY at Melrose Credit Union. The best 3-year CD rate is 1.91% APY at both Melrose Credit Union and Velocity Credit Union. These rates are accurate as of 9/9/2011.
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.