Top 4-Year CD Rate at Family Trust Federal Credit Union in South Carolina - Local Only

Family Trust Federal Credit Union is offering a very competitive 4-year CD with a 3.03% APY. Minimum deposit is $500. This is listed in the credit union's rates page as of 4/7/2011. It's interesting that this 4-year CD rate is higher than the 5-year CD rate. I checked with the CSR via their online chat and confirmed this 4-year rate is correct. I was told the rate could change at any time, but they typically change just once a month. The last change was on 3/23/11. The early withdrawal penalty is up to 180 days of dividends (the penalty doesn't eat into the principal).

Credit union membership is open to anyone who lives, works, worships, or attends school in York County, South Carolina. This county is in the Charlotte metro area. Please refer to the credit union's membership page for more details. They do offer an online membership application that allows you to also open CDs, but the CDs are limited to 12-month and 24-month terms. Membership requires a minimum balance of $5 in the primary share savings account.

Family Trust Federal Credit Union branches are located in the South Carolina cities of Rock Hill, York and Clover.

The credit union has an overall health score at DepositAccounts.com of 4 stars (out of 5) with a Texas Ratio of 10.54% (above average) based on December 2010 data. Please refer to our financial overview of Family Trust Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 11554).

How It Compares?

For CDs available nationwide as of 4/7/2011, the best 4-year CD rate is 2.45% APY at Fort Knox Federal Credit Union. For banks, the best 4-year CD rate is 2.35% APY at Tennessee Commerce Bank.

Searching for the Best CD Rates

To search for the best nationwide CD rates and the best CD rates in your state, please refer to the CD rates section of DepositAccounts.com.