6.00% 12-Month CD at a New Jersey CU (Rutgers).


Rutgers University Student and Alumni FCU is offering a special 6.00% APY 1-year certificate of deposit. The minimum deposit is $5K and the maximum is $99K.

The field of membership includes all students and alumnus of Rutgers University. Branches are located in New Brunswick and Newark, New Jersey.

The credit union is federally insured by the NCUA. It's a small credit union with $3.4 million in assets and 2,382 members.

[Update: CD special is no longer being offered as of 1/31/07]

  |     |   Comment #1
I contacted them and was told minimum deposit for 6% 12 mo. CD was $10,000 (as opposed to $5,000).
Banking Guy
  |     |   Comment #2
Thanks for the note. You're right, it's listed as $10K in the rates table. Also, the APY is 6.136%.
  |     |   Comment #3
I called today, and this is no longer being offered, even though it's listed on their website as still beihng available, the customer rep said. But she said that it'll be available again sometime within the next couple of months. Disappointed I missed this one.
Banking Guy
  |     |   Comment #4
Thanks for the update. I update the post with this info.

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