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Problem With CD Rate Tables?

Wednesday, May 7, 2014 - 10:40 AM
Ken, I was reviewing the 6+ year CD tables and noticed:
(1) on a 60-71 month CD from Via Credit Union a deposit amount of $100K is reported to earn $31,888 in interest from a 1.72%APY.
(2) on a 60 month CD from Alliance Credit Union  a deposit amount of $100k is reported to earn $31,678 in interest from a 1.71%APY.

I believe the correct figures are approximately $10700 (for the Via 71 month term) and $8800 for 60 month CDs at these rates.

Other examples using the same deposit amount:
Wright Patt CU  60-71mo  2.11%  $40339 interest
Department of Commerce CU 60-84 month 2.1 $40116 interest
EP Federal CU 48 - 72 mo 2.02 $38345 interest
Granite State CU 60-71 mo 1.81% $33795 interest
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pearlbrownpearlbrown1,431 posts since
Nov 2, 2010
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