Knoxville TVA Employees Credit Union is offering a competitive certificate special. There are actually two specials, but I only consider the longer-term CD rate as competitive. That's a 1.60% APY 34-month CD. The shorter term CD special only has a 0.85% APY for a 17-month term. Minimum deposit is $5,000. These rates are listed in the credit union's specials page as of 9/12/2012.
Based on the name of the credit union, it might appear that membership is limited to just employee groups. However, membership is also open to many other people. Anyone who lives, works, worships or attends school in the following counties is eligible for membership: Blount, Jefferson, Loudon, Sevier, Hamblen, Knox, Roane and Sullivan as well as Johnson City. Please refer to the credit union's How To Join page for more details.
Knoxville TVA Employees Credit Union branches are located throughout the Knoxville, Tennessee metro area.
The credit union has an overall health score at DepositAccounts.com of 5 stars (out of 5) and a Texas ratio of 2.95% (excellent) based on March 2012 data. Please refer to our financial overview of Knoxville TVA Employees Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 68085).
How This CD Rate Compares
This 34-month CD special is just a little shorter than a standard 36-month (3-year) term. The best 3-year CD rate that's nationally available is 1.92% APY at Sandia Laboratory FCU. This is an all-access credit union, and the minimum deposit for that rate is $200K. Lower rates are available for smaller minimum deposits. The best 3-year CD rate at a bank is 1.44% APY at CIT Bank. These rates are accurate as of 9/12/2012.
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.