5.25% 60-Month CD at Sun East FCU in Pennsylvania

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Sun East Federal Credit Union is offering a special 60-month certificate with a yield of 5.25% APY and an interest rate of 5.12%. This special CD rate is listed in the credit union's certificate rate table as of 11/18/08. The other two certificate specials listed are not nearly as competitive. These include a 3.75% APY 15-month certificate and a 3.50% APY 25-month certificate. According to the Certificates Overview Page, you may choose to have your monthly interest credited to the certificate balance, posted to a Share Account or have a check mailed to your home. No details of the early withdrawal penalty are provided.

Membership is open to those who live, work, or worship in defined areas in Andalusia, Bryn Athyn, Holmesburg, Mayfair, Pennypack Woods, Torresdale, or Upper Southampton, or in the West Nottingham and Oxford communities. Membership is also available to employees and members of 4,000 affiliated businesses, associations, groups, and churches in Pennsylvania, Delaware, and New Jersey. Please refer to the credit union's Membership Page for the full details. Membership requires a minimum balance of $5 in the share savings account.

Branches are located in the Pennsylvania cities of Aston, Nottingham, Boothwyn, Philadelphia, Concordville and Upper Darby. The credit union is federally insured by the NCUA (Charter # 6160).

The credit union's financial ratings appear to be fairly strong: 5 stars (superior) at BauerFinancial and 3 stars (performing) at Bankrate.com. Both ratings are based on 6/30/08 data.
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5.25% 60-Month No-Penalty CD at a PA CU
The Sun East Federal Credit Union has a unique type of CD special. You can get 5.00% APY on a 60-month term. You can get 5.25% APY if you open a checking account with direct deposit. The minimum deposit requirement is $500. What's interesting about this certificate of deposit is that there's no penalty after the first 12 months.

This no-penalty feature potentially makes this 60-month CD better than a 5.25% 12-month CD. Like a 12-month CD, you can have access to the money for better investments or for other needs...

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4.50% Money Market Account at a PA CU
The Sun East Federal Credit Union has a Premier Money Market Account that pays 4.50% APY. It requires $25K to open and the balance must be over $25K to earn interest. There's no mention of fees for low balances.

The credit union has a field of membership that includes all those who live, work or worship in parts of the Philadelphia area. There's also a long list of eligible companies and organizations.

The main office is in Aston Pennsylvania. Seven other branches are in Philadelphia, Boothwyn, Concordville, Upper Darby and Nottingham.

This Premier...





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