Competitive 5-Year CD Rate at Suffolk FCU in New York - Local Only

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APYMINMAXINSTITUTIONPRODUCTDETAILS
2.00%$500-Suffolk Federal Credit Union60 Month Certificate
2.00%$500-Suffolk Federal Credit Union60 Month IRA Certificate (Traditional, SEP)
Accounts mentioned in this post. Rates as of September 29, 2016.

Suffolk Federal Credit Union is offering some competitive long-term certificates. The best one is the 5-year CD with a 3.40% APY. Minimum deposit is $500, and the early withdrawal penalty is 180 days of interest. It's also available as an IRA and SEP certificate. This rate is listed in the credit union's rates page as of 5/11/2010.

The credit union also has a competitive tiered-rate money market account. It's called the Insured Money Market, and it has a top rate of 1.50% APY on balances of at least $100K as of 5/11/2010.

There's also a nice refer-a-friend bonus in which the referrer gets $100 and the new member gets $50. However, the new member is required to open a checking account with direct deposit of at least $250 per month. More details are listed at the top of the credit union's membership page.

My last report on this credit union was in January 2009 when it was offering a 4.75% 60-month CD.

Membership is open to anyone who lives or works in Suffolk County, New York. Please refer to the credit union's About Page for more details. Membership requires a minimum balance of $5 in the regular share savings account.

Branches are located Medford, Commack, Islandia, Miller Place, Riverside and West Babylon, NY.

Suffolk FCU'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 3 out of 5 at DepositAccounts.com (see our Suffolk FCU rates and reviews page). Ratings are based on 12/31/09 financial data. The credit union is federally insured by the NCUA (Charter # 17914).

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4.75% 60-Month CD at Suffolk FCU in New York
Suffolk Federal Credit Union is offering some competitive long-term certificates which include a 4.75% APY 60-month CD, a 4.10% APY 48-month CD and a 4.00% APY 36-month CD. There are also some special short-term certificates. The best ones have an APY of 3% for terms of 5 and 11 months. Minimum deposit is $500. The standard certificates are also available as IRA and SEP certificates. The credit union also has a competitive rate for its non-reward checking account which pays 3% APY for balances of at least $50K. These rates...
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4.25% 8-Month CD at Suffolk FCU in New York (and iPod Checking Account Bonus)
Suffolk Federal Credit Union is offering a special 8-month share certificate with a yield of 4.25% APY. The minimum deposit is $500. The credit union also has a competitive rate on its 5-year certificate. The yield is 5% APY with a minimum deposit of $500. This isn't a special offer, and it's available as a regular, IRA or SEP certificate. Please refer to the credit union's rate table for more details.

The credit union also has a checking account promotion in which you can receive a free 2GB iPod Shuffle. It...

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