Southern Select Community Credit Union is advertising two competitive CD specials: a 2.02% APY 17-month CD and a 2.27% APY 25-month CD. Minimum deposit is $5,000. These specials were advertised in the 8/8/2010 edition of The News Herald paper. The ad is available online here.
Credit union membership is open to those who live, work, worship or attend school in a 50-mile radius of the credit union's Kannapolis office. Please refer to the credit union's Join Us page for the full details. Membership requires a one-time $5 fee and a minimum balance of $25 in the share savings account.
Kannapolis is located about 20 miles northeast of Charlotte. The credit union also has branches in Concord, North Carolina.
The credit union's ratings for safety and soundness are above average: 4 stars (excellent) at BauerFinancial, 3 stars (performing) at Bankrate.com and an overall health score of 4 out of 5 at DepositAccounts.com (see our financial overview for Charter # 66583).