First Flight FCU (NC) Offers Four Promotional CDs

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Availability: Easy membership

It may be the dog days of summer when not much happens, but First Flight Federal Credit Union (First Flight) began the week by introducing four promotional certificates: 13-month CD (1.26% APY), 23-month CD (1.41% APY), 30-month CD (1.51% APY), and 60-month CD (2.38% APY).

The minimum opening deposit to earn these APYs is $10K and there is no maximum balance cap.

The 30-month and 60-months CDs are available as IRAs (Traditional) earning the same APYs, with the same funding requirements.

APYMINMAXINSTITUTIONPRODUCTDETAILS
1.81*%$10k-First Flight Federal Credit Union60 Month Share Certificate
1.81*%$10k-First Flight Federal Credit Union60 Month IRA Certificate
1.16*%$10k-First Flight Federal Credit Union30 Month Share Certificate
1.16*%$10k-First Flight Federal Credit Union30 Month IRA Certificate
1.01*%$10k-First Flight Federal Credit Union23 Month Share Certificate
0.50*%$10k-First Flight Federal Credit Union13 Month Share Certificate
Accounts mentioned in this post. Rates as of December 5, 2016.

As stated on First Flight’s Truth in Savings Disclosure, the Early Withdrawal Penalty reads as follows:

Terms of 12-35 months – Up to 12 months loss of dividends

Terms of 35+ months – Up to 24 months loss of dividends

Availability

Headquartered in Cary, North Carolina, First Flight Federal Credit Union offers membership through a variety of routes.

Easy Membership: Joining the Capital Area Preservation Club, Holly Springs Arts Council, or Beaufort Historical Society qualifies for membership eligibility. Joining any of these organizations ($5-$10 donation) can be done when opening an account online.

Residency: Individuals who live, work, or worship in Lenoir and Pitts Counties, and the communities of New Bern and Havelock are eligible.

Employment: Members of the military and government employees, both current and retired, are eligible.

Affiliation: Employer or organizational corporate relationship with First Flight qualifies for membership.

Complete membership details can be found on First Flight’s About Us page.

Joining First Flight and/or opening a CD can be done online, or at any of eight North Carolina branches located in Cary, Cherry Point, Greenville, Havelock, Holly Springs, Kinston, Morehead City, and New Bern.

Credit Union Overview

First Flight Federal Credit Union has an overall health grade of "B+" at DepositAccounts.com, with a Texas ratio of 4.24% (excellent) based on March 31, 2015 data. First Flight has an excellent capitalization level of 13.95%, a result of holding $169 Million in assets, with $23.57 Million in equity. Please refer to our financial overview of First Flight Federal Credit Union for more details.

How the CDs Compare

When compared to 191 similar length-of-term CDs tracked by DepositAccounts.com available to North Carolina residents, Flight First Federal Credit Union's 13-Month Share Certificate APY currently ranks third.

When compared to 178 similar length-of-term CDs tracked by DepositAccounts.com available to North Carolina residents, Flight First Federal Credit Union's 23-Month Share Certificate APY currently ranks fifth.

When compared to eleven 30-month CDs tracked by DepositAccounts.com available to North Carolina residents, Flight First Federal Credit Union's 30-Month Share Certificate APY currently ranks first.

When compared to 150 similar length-of-term CDs tracked by DepositAccounts.com available to North Carolina residents, Flight First Federal Credit Union's 60-Month Share Certificate APY currently ranks second.

The above rates are accurate as of 8/12/2015.

To look for the best nationwide CD rates and the best CD rates in your state, please refer to our CD rates table.

Comments
Jesperson
Jesperson (anonymous)   |     |   Comment #1
I've dealt with this credit union in the past and I would definitely NEVER do business with them again.  Untrustworthy and incompetent.  Extremely poor communication.
gregk
gregk   |     |   Comment #4
How can one assess your evaluation with absolutely no elaboration by you of the interactions it is based on?
Anonymous
Anonymous   |     |   Comment #2
I was able to open an account at First Flight FCU online in just a few minutes and you don't have to live in North Carolina to join the credit union.
Anonymous
Anonymous   |     |   Comment #5
Understandable if you have been a member since 2007!
Anonymous
Anonymous   |     |   Comment #3
I've been a member of First Flight since 2007 and have never had a problem.  They have great service and their CD rates are the best around.
Anonymous
Anonymous   |     |   Comment #6
Our family has been members of First Flight for several years and have benefited from their financial products as well as online services. 
Top Promotional Certificate Rates at First Flight Federal Credit Union

First Flight Federal Credit Union is offering several promotional certificate rates. Some of these are very good deals. The two best deals are a 15-month CD with a 1.25% APY and a 23-month CD with a 1.50% APY. Minimum deposit is $10,000. These promotional CDs are listed in the credit union’s certificates page as of 9/4/2013. Thanks to the DA reader who mentioned this special in the comments.

First Flight makes it easy to join. In the certificates page, you can click on the “open account” button. This takes you to...

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