5.90% 23-Month CD at a Minnesota CU (Honeywell)

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Honeywell Federal Credit Union is having a certificate special with some very good rates. The special includes a 5.90% APY 23-month CD, a 5.65% APY 13-month CD and a 5.15% APY 6-month CD. The minimum deposit is $10,000. Funds must be new to the credit union.

Last month I had posted on Honeywell's 6% savings account promotion. This is still available through November.

In addition to Honeywell employees and other employee groups, the field of membership includes those who live, work, worship or attend school in any of the following cities in Minnesoata: Brooklyn Center, Crystal, Golden Valley, Hopkins, Minneapolis, New Hope, Robbinsdale and St. Louis Park.

Branches are located in Minnesota cities of Minneapolis, Golden Valley and Brooklyn Center. There's also a branch in Kansas City, Missouri.

Honeywell FCU is NCUA insured. It has over $280 million in assets and 27,000 members.

Thanks to the reader who emailed me this CD special.
Comments
Jen
Jen (anonymous)   |     |   Comment #1
My friend showed me this site:
http://www.mlnbank.com/Services/premCDs.htm

Their rate for CD are very high compare to other banks. However, I never heard of this bank before and I am not sure how legit they are. Do you know?
Dana
Dana (anonymous)   |     |   Comment #2
There was an earlier blog on Millenium Bank. It's an offshore bank, so not federally insured.
Banking Guy
Banking Guy (anonymous)   |     |   Comment #3
Here's my last year's post that I did about Millennium Bank.
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