APG Federal Credit Union (MD) Offers 3.00% APY On 23-Month CD

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Deal Summary: CD Specials – 13-month (2.75% APY) and 23-month (3.00% APY), $100 minimum deposit, new money.

Availability: Residents of Cecil and Harford Counties, Maryland, and certain census tracts of Middle River (Baltimore County), Maryland.

APG Federal Credit Union (APGFCU) started the week by introducing two CD Specials: 13-month (2.75% APY) and 23-month (3.00% APY). The minimum opening deposit is only $100, with no stated balance cap. New money is required to earn the stated APYs and is defined simply as “money not already on deposit on APGFCU."

According to CSR, the Early Withdrawal Penalty (EWP) for the 13-month CD Special is 90 days of interest, with 23-month CD Special incurring an EWP of 180 days of interest. Partial withdrawals are allowed, with the EWP applying to the amount being withdrawn.

Availability

Headquartered in Edgewood, Maryland, APG Federal Credit Union’s field of membership (FOM) is residency-based, with individuals who live, work, worship, attend school, or volunteer in Cecil or Harford Counties, or in certain areas of Middle River (based on census tracts) eligible for membership.

Immediate family members and household members of a current APGFCU member or a membership-eligible individual also qualify for membership.

Joining APGFCU can be done online, or at any of 14 Maryland branches located in Aberdeen, Aberdeen Proving Ground (restricted access), Bel Air (3), Belcamp, Chesapeake City, Edgewood, Elkton (2), Fallston, Forest Hill, Havre de Grace, and North East. (Yes, the town’s full name is really North East.)

Once you have submitted an online membership application, please allow approximately 48 hours for completion of the process. You will be notified via email, phone, or post mail once we have finalized your application.

According to CSR, opening a CD Special must be done in-branch at any of the above-mentioned locations. I asked if the CD Specials could be opened by phone, since the landing page reads,

To open a special certificate please call 800.255.2555.

CSR replied, “No, they can only give you information.”

You must complete payment of $5.00 in your Regular Share
account as a condition of admission to membership.

Credit Union Overview

APG Federal Credit Union has an overall health grade of "A" at DepositAccounts.com, with a Texas Ratio of 4.74% (excellent) based on March 31, 2019 data. In the past year, APGFCU has increased its total non-brokered deposits by $108.54 million, an excellent annual growth rate of 9.48%. Please refer to our financial overview of APG Federal Credit Union (NCUA Charter # 2540) for more details.

Formerly known as the Aberdeen Proving Ground Federal Credit Union, APG Federal Credit Union was established in 1938 by a small group of Aberdeen Proving Ground (APG) employees. (APG is the U.S. Army's oldest active proving ground, established in October 1917, six months after the U.S. entered World War I.) The Credit Union’s first "home" was a single cash drawer in a small APG office. Through a charter change and subsequent FOM expansion, APGFCU has grown to become Maryland’s fifth largest credit union, with more than 132,000 members and assets in excess of $1.4 billion.

How the CD Specials Compare

When compared to 252 similar length-of-term CDs tracked by DepositAccounts.com that require a minimum deposit of $5k or less and are available within the FOM, APG Federal Credit Union’s 23-month CD Special APY currently ranks first.

When compared to 263 similar length-of-term CDs tracked by DepositAccounts.com that require a minimum deposit of $5k or less and are available within the FOM, APG Federal Credit Union’s 13-month CD Special APY currently ranks first.

The above rates are accurate as of 8/29/2019.

To look for the best nationwide CD rates and the best CD rates in your state, please refer to our CD Rates Table page.

Related Pages: Baltimore CD rates, 1-year CD rates, 5-year CD rates

Comments
Kaight
Kaight   |     |   Comment #1
Not that I have any prejudice against Maryland, but this 23 month CD deal is a tad bit limited as to availability. If you're willing to invest for one additional month, PSECU has a 24 month CD, available to all, offering the same 3% APY. And PSECU will even give you five bucks just to join up!
APG Federal Credit Union Has Limited-Time 3.00% APY On 24-Month CD
Deal Summary: 24-month CD, 3.00% APY, $100 minimum deposit

Availability: Residents of Cecil and Harford Counties, Maryland, and certain census tracts of Middle River, Maryland.

Earlier this month, APG Federal Credit Union (APGFCU) announced a limited-time 3.00% APY on its 24-month CD. The minimum opening deposit is a low $100, and there is no stated balance cap.

The 24-month CD is also offered as an IRA (Traditional, Roth, CESA, SEP), earning the same 3.00% APY with the same funding requirements.

DA has been tracking the 24-month CD since...

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APG Federal Credit Union Has 30-Month CD Special, 3.50% APY
Deal Summary: 30-month CD Special, 3.50% APY, $100 minimum deposit, new money.

Availability: Residents of Cecil and Harford Counties, Maryland, and certain census tracts of Middle River, Maryland.

APG Federal Credit Union (APGFCU) is currently offering a 30-month CD Special that earns an eye-catching 3.50% APY. This limited-time CD Special can be opened with a low $100 minimum deposit and requires new money, which is defined as “money not already on deposit with APGFCU.”

According to CSR, the Early Withdrawal Penalty for CDs with terms of...

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APG FCU's (MD) 48-Month CD Skyrockets
Deal Summary: 48-59 month CD, 2.80% APY, $100 minimum deposit.

Availability: Residents of Cecil and Harford Counties, Maryland, and certain census tracts of Middle River, Maryland.

Earlier this week, APG Federal Credit Union (APGFCU) added 185 bps to its 48-59 month CD, upping the APY to 2.80%. Like most of APGFCU’s CDs, the 48-59 month CD can be opened with a $100 minimum deposit; there is no stated balance cap.

If the “APG” name sounds familiar, it may be because Aberdeen Proving Ground Federal Credit Union recently re-branded...

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Aberdeen Proving Ground FCU (MD) 15-Month CD Promo Ending Soon
Availability: Residents of Cecil and Harford Counties, Maryland, and certain census tracts of Middle River, Maryland.

Aberdeen Proving Ground Federal Credit Union (APGFCU) is offering a 15-month CD (1.50% APY) that expires on March 31, 2016. The minimum deposit is $100, with no balance cap.

APGFCU also has a 25-month Step-Up CD (2.00% APY) that has no stated end date. The minimum deposit is $100, with no balance cap. (An earlier promotional version of the 25-month Step-Up CD did have a $5k balance cap, but according...

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8.00% 12-Month CD at a Maryland Credit Union - $1K Max (APGFCU)
APGFCU is offering a new-member special 8.00% APY 12-month certificate. The minimum and maximum deposit is $1,000. An active checking account is required. The CD is limited to the first 250 members.

You'll make about $40 more on this CD than a 4% CD over one year. Since it requires a checking account, this is almost like a checking account bonus.

Membership is open to those who live, work, worship, go to school, volunteer in, or are an immediate family member of anyone in Harford or Cecil County or certain areas in...



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