MPD Community Credit Union is offering several competitive CD rates. The best include a 1.80% APY for a 1-year CD and 2.00% APY for a 2-year CD. Other notable rates include 2.11% APY for a 3-year CD and 1.90% APY for an 18-month CD. Minimum deposit is $2,500. These rates are listed in the credit union's savings rates page as of 1/13/2011.
As a comparison to internet banks on 1/13/2011, the best 1-year and 2-year CD rate are 1.41% APY and 1.60% APY at Bank of Internet USA. As a comparison to credit unions with easy membership, the best 1-year CD rate is 1.75% APY at Connexus Credit Union (requires active checking) and the best 2-year CD rate is 1.75% APY at Fort Knox Federal Credit Union.
Membership in MPD Community Credit Union is open to those who live, work, worship, attend school or conduct business in Davidson County, Tennessee. Please refer to the credit union's eligibility page for the full details. It was initially chartered to serve the Nashville's Metropolitan Police Department. A few years ago it expanded its field of membership to be community based.
It's a small credit union with two offices in Nashville. The credit union has an overall health score of 4 out of 5 with a Texas Ratio of 0.88% (excellent) based on September 2010 data. Please refer to our overview of MPD Community Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 67979).
Searching for the Best CD Rates
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