I’m seeing a few more CD specials with competitive rates. A recent one is the CD specials at ABNB Federal Credit Union in Virginia. It’s offering five CD specials. The three best deals are the 2.60% APY 63-month CD, the 1.60% APY 39-month CD and the 1.10% APY 15-month CD. These require a minimum deposit of $100,000. For a $20,000 minimum deposit, the rates drop by 5 basis points for the 63-month and 39-month CD. The rate is 10 basis points lower for the 15-month CD special. The rates are 5 basis points higher on IRA CDs. These special rates are listed in the credit union’s certificates rates page as of 2/14/2014.
Reward Checking Account
ABNB Federal Credit Union also has a good deal on a reward checking account. It currently pays 2.00% APY on balances up to $20,000 if monthly requirements are met.
Credit Union Membership
Membership in ABNB Federal Credit Union is primarily limited to those who live, work, worship, or attend school in Virginia Beach, Norfolk, Suffolk, Portsmouth, Chesapeake, Isle of Wright, Franklin, Southhampton County or Currituck County.
Credit Union Overview
ABNB Federal Credit Union branches are located throughout the Norfolk/Virginia Beach metro area.
The credit union has an overall health grade at DepositAccounts.com of an A with a Texas ratio of 5.93% (excellent) based on September 2013 data. Please refer to our financial overview of ABNB Federal Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 13605).