Hughes Federal Credit Union is offering an anniversary special certificate with a 29-month term. Three rates are available for different deposit sizes. The highest rate is 1.51% APY for a $99K deposit. There's also a 1.41% APY for a $50K deposit and 1.31% APY for a $1K deposit. These rates are listed in the credit union's term share account rates page as of 5/11/2012.

The credit union also has an interesting program for its term share accounts (CDs). It's called Buy Up Rate, and it allows you to add $10,000 or more to your existing CDs. In addition, it will bump up the rate by 0.10%. The maturity of the CD remains the same. Only one bump-up is allowed during the term of the CD, and new money is required. Also, the Buy Up Rate cannot be offered on the same day account is opened.

Membership in the credit union is open to anyone who lives, works, worships or attends school in Tucson, Arizona. The credit union also allows members in certain special interest groups to join. It lists 3 groups in its Who-Can-Join page. One is the Friends of the Pima County Public Library. Membership into this group costs a minimum of $20. Please refer to the credit union's Who-Can-Join page for the full details on credit union membership.

According to the credit union's how-to-join page, membership requires a minimum $50 balance in the main share account. People can apply for membership at a branch, by phone or online.

Hughes Federal Credit Union branches are located in 6 branches in Tucson, Arizona. The credit union is also part of the shared branch network, CU Service Centers.

The credit union has an overall health score of 5 stars (out of 5) with a Texas ratio of 2.11% (excellent) based on December 2011 data. Please refer to our financial overview of Hughes Federal Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 7531).

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