Liberty Savings Federal Credit Union is offering several competitive long-term CD rates. The best ones include a 2.85% APY 6-year CD, a 2.80% APY 5-year CD and a 2.40% APY 4-year CD. Minimum deposit is $5,000. An extra 0.10% rate is added for a $50,000 minimum balance for CD terms of at least 2 years. These rates are listed in the credit union's certificates rates page as of 9/21/2011
Membership at Liberty Savings FCU is open to persons who live, work, worship, or attend school in Hudson County, New Jersey. Please refer to the members page for the full details. There's also a long list of employers, schools, and organizations which can make a person eligible. The PDF membership application seems to imply anyone may be able to join. On the second page of the application, the following is stated:
To become a member, complete the attached Membership Application card and return it to the credit union. There is a one time $10* membership fee.
*Fee is waived for members joining through a Select Employee Group.
If you're interested in joining, you may want to call the credit union and see if there's a way you can join.
Liberty Savings branches are located in Jersey City and Union City, New Jersey.
The credit union's overall health score at DepositAccounts.com is 4 stars (out of 5) with a Texas Ratio of 26.16% (average). Please refer to our financial overview of Liberty Savings Federal Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 7184).
How These CD Rates Compare
Long-term CD rates have been going down. There is no longer any long-term CD that's nationally available with a 3.00% APY. The highest CD rate is 2.80% APY at Apple Federal Credit Union. This has a 10-year term. The highest 7-year CD rate is 2.75% APY at Pentagon Federal Credit Union. The best 5-year CD rate is 2.68% APY at Melrose Credit Union. These rates are accurate as of 9/21/2011.
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.