5.90% 9-Month CD at a Georgia CU (Georgia Power)


Georgia Power FCU has some nice rates on its current certificate special. These include a 5.90% APY 9-month CD, a 5.80% APY 8-month CD and a 5.70% APY 7-month CD. The minimum deposit is $1,000.

The field of membership is primarily based on select employee groups. It includes employees who work regularly at entities engaged in the electric power generation, transmission, and distribution industry in Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee and Virginia. See site for details.

Branches are located in the Georgia cities of Atlanta, Forest Park, Augusta, Macon and Columbus.

The credit union is NCUA insured. It has $55 million in assets and 11,250 members.

Anonymous   |     |   Comment #1
This is related to the E-Trade $50 deal but I don't want it 'lost' as the thread is a from a few days ago.

I opened the e-trade account but do not see any actual accounts, ie, the MMA, listed. The external accounts are there. So my question is whether that is normal while the funds transfer is in process, ie, it opens after they have received it from my HSBC account or whether that's just wrong.

Getting through with the e-trade people is annoying so yes I have asked. I used the secure contact form and was told to use the secure contact form to contact them since they couldn't answer it from an 'unsecure' query (kind of bizarre?).

Anyway, I'd be happy to hear about anyone's experience who has an account with them.

It's a concern because as more days pass since the opening I will have to tie up more money in that MMA in order to maintain the required 1500 average daily balance.
Anonymous   |     |   Comment #2
nix the question.

Transfer went through and E-Trade sent an email. Still annoying that the account created in the application has to be linked again.
Anonymous   |     |   Comment #3
and yes, $1500 adb is not required for the e-trade so I realize that. Confused another promo with that one:)
Banking Guy
Banking Guy   |     |   Comment #4
I'm afraid that E-Trade isn't known for the best customer service and sign-up process. Hope things will go okay now for you.

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