Today is National Pi Day!
The day we all celebrate the irrational number, 3.141592653589793238462643383279502884 ... ad infinitum.
To mark the occasion, Apple Federal Credit Union (Apple FCU) is offering a Pi Day Certificate (314 days) earning an appropriate 3.14% APY.
For a limited-time, we’re offering a sweet Pi Day deal.
But don't wait... this treat is only available March 14 - 16.
The minimum opening deposit is $500 of new money, with a maximum deposit per individual of $31.4k. New money is defined as funds “not currently at Apple FCU.”
Partial withdrawals are not permitted, only an early closure. As stated in the fine print on the promotion page, the Early Withdrawal Penalty reads as follows
If the term is over 6 months to 60 months – the lesser of
dividends earned since issuance or renewal or 180 days dividends.
There is a 10-day grace period before the Pi Day Certificate automatically renews as a 12-month Certificate.
Headquartered in Fairfax, Virginia, Apple Federal Credit Union has a variety of ways to qualify for membership.
Easy membership (limited): Residents of Maryland, Virginia, and Washington, D.C. can qualify for Apple FCU membership by joining the Northern Virginia Athletic Directors, Administrators, and Coaches Association (NVADACA) with a $20 regular membership fee.
Residency: U.S. citizens and resident aliens who live, work, worship, volunteer, or attend school in the Virginia counties of Fairfax, Frederick, or Prince William, or the Virginia cities of Fairfax, Manassas, or Manassas Park are eligible to join.
Educational Relationship: The faculty, staff, students, and their immediate family members of 12 Virginia public school systems qualify for membership, as do the faculty, staff, alumni, students, and their immediate family members of George Mason University, Northern Virginia Community College, and Shenandoah University.
SEGs: Employees and members of more than 65 companies and organizations are membership eligible.
Personal Relationship: Immediate family members (spouse, parent, child, sibling, grandparent, grandchild, including step and adoptive relationships) of current AFCU members are welcome to apply. Household members (roommates, domestic partner, and legal guardians) also qualify.
Joining Apple FCU can be done online, or at any of 22 Virginia branches located in Alexandria (2), Ashburn, Centreville, Chantilly, Fairfax (3), Fairfax Station, Falls Church (2), Gainesville, Herndon, Manassas (2), Springfield, Stafford, Sterling, Vienna, Winchester (2), and Woodbridge.
Opening a Pi Day Certificate can be done in-branch or by calling 703.788.4800.
Credit Union Overview
Apple Federal Credit Union has an overall health grade of "A" at DepositAccounts.com, with a Texas Ratio of 3.56% (excellent) based on December 31, 2018 data. In the past year, Apple FCU has increased its total non-brokered deposits by $210.86 million, an excellent annual growth rate of 10.6%. Please refer to our financial overview of Apple Federal Credit Union (NCUA Charter # 11307) for more details.
Established in 1956 by Fairfax County Public School teachers, Apple Federal Credit Union is currently Virginia’s sixth largest credit union, with nearly 210,000 members and assets in excess of $2.7 billion. According to a Fredericksburg.com article, Apple FCU was named Virginia’s “best in-state credit union by Forbes.”
The business publication partnered with Statista, a market research firm, to produce lists of top financial institutions in each state. The lists were based solely on customers’ opinions of their banking relationships. It is one of the only lists of top banks based on customers’ experiences rather than balance sheets and profit and loss statements.
With scores across the country ranging from 40 to 95.4, Apple FCU “led the top-scoring credit unions in Virginia with a total of 90.66."
How the Pi Day Certificate Compares
When compared to the similar length-of-term CDs tracked by DepositAccounts.com that require a similar minimum deposit and are available within the FOM, Apple Federal Credit Union's Pi Day Certificate APY currently ranks first.
The above rates are accurate as of 3/14/2019.
Looking for the best CD rates, either nationwide or state specific? Please refer to DepositAccounts.com’s CD Rates Table.