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6.66% 36-Month CD at a Virginia CU (Loudoun)

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Loudoun Credit Union has several high yield long-term certificates. These include a 6.66% APY 36-month CD and a 6.13% APY 24-month CD. The same high rates apply to the IRA CD's. In addition, there's a 60-month Roth CD with an APY of 7.18%.

The field of membership is primarily employee based. Students and the families of Loudoun County public schools are also eligible. See site for details.

The credit union's branch is located in Leesburg, Virginia.

Loudoun Credit Union is NCUA insured. It's a small credit union with almost $19 million in assets and about 5,000 members.

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3 Comments.
Anonymous
  |     |   Comment #1
Banking Guy wrote: "It's a small credit union with almost $19 million in assets and about 5,000 members." As so often is the case, Banking Guy is absolutely correct. I called today and learned WHY this CU is so small: they are disinterested in helping marginal cases join. I would not label their attitude as "nasty", but it was close. You've heard of unwillingness to go the extra mile? These folks are unwilling to go the extra millimeter. I'm already a member of three credit unions. All are staffed by just plain "nice folks" and I can say in my experience that is true without exception. Well Loudoun IS an exception and again, it's no wonder they have so few members.
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1
Banking Guy
  |     |   Comment #2
As of Dec 30, 2006, the CD rates have fallen. The new 36-month CD APY is 5.87%. This is also the rate for the 36-month and 60-month IRA.
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1
Banking Guy
  |     |   Comment #3
As of Jan 20, 2007, the CD rates have fallen. The new 36-month CD APY is 5.56%.
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1

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