7.00% 7-Month CD at a New York CU - $7K Max (Finger Lakes).


Finger Lakes Federal Credit Union is another credit union having a 777 CD special. It's offering a 7.01% APY 7-month certificate. The minimum deposit is $700, and the maximum deposit is $7,000 per member. New money is required, and it does not include IRA certificates. Unlike the others credit union 777 specials, this one begins on July 7th.

If you can deposit the max, you'll earn about $81 over what you would earn in a 5% account for the 7 months.

Field of membership is limited to Select Employee Groups and immediate family of members. See site for details. Membership requires a $1 fee and a minimum deposit of $5 into the share savings account.

Branches are located in Geneva, Phelps and Ovid, New York which are located about 30 miles southwest of Syracuse. The credit union is federally insured by the NCUA (Charter # 18022). It has $58.7 million in assets and 14,212 members.
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Anonymous   |     |   Comment #1
I got real excited for a few seconds, then I saw the $7000 limit. :(

If they would allow $70,000 it would be worth the trouble.