Bridgewater Credit Union is offering two special CDs for its 70th anniversary: a 3.00% APY 5-year CD and a 1.25% APY 7-month CD. Minimum deposit deposit is $1,000, and these are also available in an IRA. These rates are listed in the credit union's rates page as of 2/6/2011.
These compare favorably with the top rates available nationwide. The best 5-year CD rate that's available nationwide without any checking requirements is 2.93% APY at Melrose Credit Union. The best 6-month CD rate is 1.10% APY at Colorado Federal Savings Bank. Both rates are accurate as of 2/6/2011.
Membership in Bridgewater is open to any person who lives or works in the Massachusetts counties of Plymouth, Bristol, Barnstable or Norfolk. Please refer to the credit union's About page for more details.
Branches are located in Massachusetts cities of Bridgewater, Dover, Fairhaven, Plymouth and Quincy.
The credit union has an overall health score at DepositAccounts.com of 4 out of 5 with a Texas Ratio of 11.03% (excellent) based on September 2010 data. Please refer to our financial overview of Bridgewater Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 67984). Deposits over the NCUA limits are covered by private deposit insurance via the Massachusetts Credit Union Share Insurance Corporation (MSIC).
Searching for the Best CD and IRA CD Rates
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