Dedicated to Deposits: Deals, Data, and Discussion
DETAILSINSTITUTIONAPYMINMAXPRODUCT
Astera Credit Union1.75%$500-5 Year CD
Astera Credit Union1.75%$500-5 Year IRA (Traditional,Roth,CESA)
Astera Credit Union1.75%$50k-5 Year Jumbo CD
Astera Credit Union1.75%$50k-5 Year Jumbo IRA (Traditional,Roth,CESA)
Accounts mentioned in this post. Rates as of August 29, 2014

Top 5-Year CD Rates at Astera Credit Union in Michigan - Easy Membership

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Astera Credit Union

Astera Credit Union has two very competitive 5-year CD rates. The highest is the Jumbo CD rate with a 2.25% APY. Minimum deposit is $50,000. The regular CD has a 2.15% APY and a minimum deposit of $500. These are also available in an IRA. These rates are listed at the credit union's rates page as of 5/10/2012.

According to the credit union's disclosure, the early withdrawal penalty for the 5-year CD is 360 days of interest on the amount withdrawn.

Credit Union Membership

Credit union's field of membership is primarily defined by various select employer groups. However, membership is also open to "Any person who has a membership in the R.E. Olds Transportation Museum". This is described in the credit union's membership page. Here's the membership page for the R.E. Olds Transportation Museum. The fee for an individual membership is $25.

Online Application

On the right side of the credit union's home page under "online services", there's a link to an online membership application. At the start of the application it lets you select "I am a member of R.E. Olds Transportation Museum". The next page of the application allows you to select any of the CDs. Next to the Jumbo CD option it says "Fund this account by mailing a check or by wire transfer." A savings account with a minimum balance of $5 is automatically selected in the application since this is required for membership.

Credit Union Overview

Astera Credit Union branches are located in the Michigan cities of Lansing, Ionia and Dewitt.

Astera Credit Union has an overall health score of 3 stars (out of 5) with a Texas Ratio of 23.28% (average) based on December 2011 data. Please refer to our financial overview of Astera Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 60920).

How This CD Rate Compares

This 5-year CD rate just exceeds the previous best 5-year CD rate that's available nationwide. That's at US Senate Credit Union which is offering a 2.22% APY 5-year CD. Justice Federal Credit Union has a 5-year Jumbo CD with a 2.20% APY. These rates are accurate as of 5/10/2012.

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.


Related Pages: Astera Credit Union, CD rates, IRA rates, Michigan

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Comments
Comment #1 by rwilmeth posted on
rwilmeth
Do Not Use Astera! Astera Credit Union has kept from me my account number and bc of that: fined me, reported me to collections, and raped me for profits. I have tried for over 6 months to get my account number so that I could give them the insurance documents they already had on file, but Astera refused to give it to me no matter how many times I ask for it (up to 36 and now threatening legal action to get it). Without it, I cannot access any of my financial information at their bank, I don t know how much they fined me for or if I really am getting it all back. Their VP had to fix the collections issues and I still have no way of accessing my account statements or information, which is legally and morally wrong. It s been a nightmare, the only communication I get from Astera has been form letters and ignorance and all I want to view my account statement that wasn t even mailed to me. They claim I didn t update my address, but yet I did 6 months ago and get form letters from them every month. So now Astera is lying to me that it s my fault that they kept me from logging into my account to keep them from fining me... It's not worth it.

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