Chaco Credit Union is one of the few institutions which increased some of its CD rates in November. The most noteworthy rate increase was on the 37-month CD. Its rate went up to 2.02% APY which is very competitive for terms around 3 years. Other competitive ones include a 1.75% APY 30-month CD and a 2.15% APY 5-year CD. Minimum deposit is $500. These rates are listed in the credit union's rates page as of 11/02/2011.
Membership is open to anyone who lives, works, worships or attends school in Butler, Hamilton or Preble County, Ohio. Please refer to the credit union's About Us page for more details.
The credit union has an overall health score at DepositAccounts.com of 4 stars (out of 5) with a Texas Ratio of 14.12% (above average) based on June 2011 data. Please refer to our financial overview of Chaco Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 60954). Deposits of up to $250K above the NCUA limit are privately insured by the Excess Share Insurance (ESI). I have more details about this deposit insurance in my post ESI - Little Known Deposit Insurance for Credit Unions.
How This CD Rate Compares
The best 3-year CD rate that's nationally available is 1.91% APY at Melrose Credit Union. The best 3-year CD rate at a bank is 1.65% APY at Doral Bank Direct. These rates are accurate as of 11/02/2011.
Searching for Top CD Rates
To search for nationwide CD rates and CD rates in your state, please refer to the best CD rates section of DepositAccounts.com.