South Florida Federal Credit Union is again offering a special 1-year CD rate. It also has a good money market deal for large balances. The special CD has a 12-month term with a 1.25% APY. The credit union also has a decent deal on bump-up CDs with a 1.16% APY 2-year CD and a 1.55% APY 4-year CD. If the credit union's rates go up during the term of your CD, you can "Bump Up" your rate. The CDs have a minimum deposit of $200
The money market account has a 1.10% APY. It requires a $100,000 minimum deposit to open, and it requires a $100,000 minimum average daily balance to avoid service fees.
These specials are listed on the credit union's front page in a rotating banner as of 9/18/2012.
Unfortunately, the credit doesn't make it easy to qualify. Membership is primarily based on Select Employee Groups. Several churches and schools are also included. Please refer to the credit union's Who Can Join page for more details.
South Florida FCU is located in Miami, Florida.
South Florida FCU has an overall health score at DepositAccounts.com of 4 stars (out of 5) with a Texas Ratio of 11.86% (above average) based on March 2012 data. Please refer to our financial overview of South Florida FCU for more details. The credit union is federally insured by the NCUA (Charter # 23041).
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.