CD Specials with Top Rates at ABNB FCU in Virginia

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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.

APYMINMAXINSTITUTIONPRODUCTDETAILS
2.20*%$100k-ABNB Federal Credit Union63 Months Jumbo Certificate Special
1.60*%$100k-ABNB Federal Credit Union39 Months Jumbo Certificate Special
1.30*%$100k-ABNB Federal Credit Union15 Month Jumbo Certificate Special
Accounts mentioned in this post. Rates as of August 29, 2016.

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).

Comments
Anonymous
Anonymous   |     |   Comment #1
Thanks...I note the early withdrawal "fee" is stated...

1Early withdrawal penalty may apply to all certificates at 15 day x original term of dividends on amount withdrawn.

Any idea how that is calculated, e.g. on long term/large cd...interest rate but only for 15 days for any term?  Anyone?

Thanks
6.00% 15-Month CD at a Virginia CU (ABNB)
ABNB Federal Credit Union is having a certificate certificate special with a 6.00% APY 15-month CD. The minimum deposit is $1,000. To qualify for this rate, you must open a new checking account with direct deposit of $500 or more each month. The CD is available as a regular or IRA CD.

The field of membership includes those who live, work, worship or attend school in several counties of Southeastern Virgina.

The credit union is NCUA insured. It has $355 million in assets and 49K members.



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