Florida Credit Union is offering four special rates for its certificates and IRAs. The only one that is competitive is its 3-year special which has a 1.61% APY. The other three are a 1.07% APY 25-month CD, a 0.80% APY 19-month CD and a 0.65% APY 13-month CD. Minimum deposit of $10,000. These rates are listed in the credit union's rates page as of 12/28/2011.
Credit union membership is open to all residents of the following Florida counties: Alachua, Bradford, Citrus, Clay, Columbia, Gilchrist, Lake, Levy, Marion, Putnam, Sumter, Suwannee and Union. Please refer to the credit union's About page for more details.
Florida Credit Union branches are located in the cities of Gainesville, Ocala, Starke and Lake City.
The credit union has an overall health score at DepositAccounts.com of 4 stars (out of 5) with a Texas Ratio of 15.93% (average) based on September 2011 data. Please refer to our financial overview of Florida Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 60497).
How This CD Rate Compares
For Florida, the 1.61% APY for a 3-year term is very competitive. The highest 3-year CD rate that's nationally available is 1.91% APY at Melrose Credit Union which is in New York. The highest for a bank is 1.65% APY which is available online at Doral Bank Direct.
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.