Availability:Residents of Wisconsin counties of Houston, Jackson, LaCrosse, Monroe, Trempealeau, Vernon, and Winona.
Yesterday, Firefighters Credit Union (Wisconsin) raised the rate on its 18-month Share Certificate (CD) to 1.50% APY. The minimum opening deposit is $1K and there is no maximum balance cap. The 18-month CD is also available as an IRA (Traditional, Roth, CESA) at the same APY, with the same funding requirements.
According to CSR, the Early Withdrawal Penalty is 180 days interest, but could not give an indication of how long this APY might last. Considering that Firefighters Credit Union’s two Share Certificate Specials (13-month 1.10% APY and 5-Year 2.10% APY) aren’t as attractive as the 18-month "non-Special," one wonders how long the rate will remain at 1.50% APY.
|0.90%||$1k||-||Firefighters Credit Union||18 Month CD|
|0.90%||$1k||-||Firefighters Credit Union||18 Month IRA (Traditional, Roth, CESA)|
To answer the obvious question, "No, membership in Firefighters Credit Union is not restricted to firefighters."
Membership is open to:
1) Individuals who live or work in the Wisconsin counties of Houston, Jackson, La Crosse, Monroe, Trempealeau, Vernon, and Winona;
2) Immediate family members of the above listed individuals, whether residing or not in the same household;
3) Relatives of an eligible individual living in the same household;
4) Employees of Emergency Protective Service Agencies within the servicing area of LaCrosse;
5) Employees of USA Securities;
6) Licensed real estate agents servicing the area within a 50-mile radius of LaCrosse.
Joining Firefighters Credit Union and/or opening a CD requires an in-person visit to either branch located in Holmen and LaCrosse. (The branch in Onalaska only provides mortgage services.)
Credit Union Overview
Firefighters Credit Union has an overall health grade of "B" at DepositAccounts.com, with a Texas ratio of 14.40% (above average) based on September 30, 2014 data. Firefighters Credit Union has an excellent capitalization level of 14.51%, a result of holding assets of $64.73 Million, with $9.39 Million in equity. Please refer to our financial overview of Firefighters Credit Union for more details.
Established in 1931, Firefighters Credit Union (NCUA Charter # 66423) is the second oldest credit union in the LaCrosse area. Firefighters Credit Union’s current membership is 4,500+ and continues to grow.
How the CD Compares
When compared to other similar length-of-term CDs tracked by DepositAccounts.com, that require a similar minimum deposit and available to Wisconsin residents, Firefighters Credit Union's 18-month CD is clearly the leader.
The above rates are accurate as of 1/23/2015.
To look for the best nationwide CD rates and the best CD rates in your state, please refer to our CD rates table.