PrimeWay's 5-year CD is fairly competitive with a 2.50% APY as of 10/26/2010. Rates on the shorter terms are much less competitive.
According to the disclosure
, the early withdrawal penalty is 180 days of interest for the terms over 1 year.
From the credit union's membership page
If you live, work, worship, go to school in the City of Houston or Washington County, or belong to one of our select employee groups, you are eligible to join! Once you join PrimeWay, you are always eligible to be a member!