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End Of The Last Nationally Available 3% 5-Year CD - False Alarm

Friday, July 1, 2011 - 11:38 AMConnexus Credit Union - Details
Update: It appears the wrong rates were posted at Connexus earlier today. The old rates are back! Connexus Credit Union slashed its CD rates for July:
  • 2.25% APY 5-year CD for $10K+ (was 3.00%)
  • 0.75% APY 1-year CD for $10K+ (was 1.75%)
  • 0.75% APY 6-month CD for $10K+ (was 1.50%)
These still require the active checking account.

I was hoping the active checking requirement would allow them to continue to offer competitive CD rates, but I guess they still were able to bring in more than enough deposits.
6
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708
1. Friday, July 1, 2011 - 2:27 PM
I'm glad to report that Connexus had posted incorrect rates earlier today. The old CD rates are back, and the 3.00% APY 5-year CD ($10K minimum with active checking) remains. I just confirmed this via Connexus CU's online chat. I was little annoyed since the CSR didn't recognize the wrong rates had been posted. I wish I had taken a snapshot.
6
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708
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