In today's interest rate environment, it's rare to find Jumbo CD rates that are significantly higher than regular CD rates. That's not the case with a Jumbo CD offered at Nutmeg State Federal Credit Union. It's offering a 5-year Jumbo CD with a 2.80% APY. This requires a minimum deposit of $100,000. The 5-year regular share certificate has only a 2.02% APY. The minimum deposit is $1,000. The credit union also offers Traditional and Roth CDs with the same rates as the share certificates. These rates are listed in the credit union's rates page as of 12/19/2011.
Credit union membership is open to anyone who lives, works, worships attends school or volunteers in any of the Connecticut counties of Hartford, Middlesex and Tolland. Please refer to the credit union membership page for the full details. The credit union allows people to apply online and fund accounts with a credit card or by making a transfer from another financial institution.
Nutmeg State Federal Credit Union branches are located in the Connecticut cities of Hartford, Manchester, Glastonbury, Rocky Hill, East Windsor and New Britain.
The credit union has an overall health score at DepositAccounts.com of 5 stars (out of 5) with a Texas Ratio of 1.54% (excellent) based on September 2011 data. Please refer to our financial overview of Nutmeg State Federal Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 855).
How This CD Rate Compares
The best 5-year CD rate that's available nationwide is at Melrose Credit Union which offers a 2.68% APY 5-year CD. Digital Credit Union offers a 2.86% APY 5-year CD with a checking & loan relationship or 2.61% APY without the relationship.
These rates are accurate as of 12/19/2011.
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.