Triangle Credit Union (NH/MA) Features Three CD Specials

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Deal Summary: 15-month CD Special, 1.40% APY; 22-month CD Special, 1.70% APY; 35-month CD Special, 2.25% APY; $1k minimum deposit

Availability: Residents of the New Hampshire counties of Belknap, Cheshire, Hillsborough, Merrimack, and Rockingham, and the Massachusetts counties of Essex, Franklin, Middlesex, and Worcester.

In February, New Hampshire-based Triangle Credit Union (Triangle CU) offered three CD Specials, which had fairly good rates, but nothing truly outstanding. Triangle CU has improved their game and is now featuring three new CD Specials: 15-month CD Special, 1.40% APY; 22-month CD Special, 1.70% APY; 35-month CD Special, 2.25% APY. The minimum deposit for any of the Specials is $1k, with no stated balance cap.

APYMINMAXINSTITUTIONPRODUCTDETAILS
2.25%$1k-Triangle CU (NH)35 Month CD Special
1.40%$1k-Triangle CU (NH)22 Month CD Special
1.10%$1k-Triangle CU (NH)15 Month CD Special
Accounts mentioned in this post. Rates as of April 26, 2017.

The 15-month CD Special has been part of the product line for two years with fairly unimpressive rates, and of the three CD Specials, has the least competitive APY. On the other hand, the 22- and 35-month CD Specials were just added this week and their respective APYs compare quite favorably.

As stated on Triangle CU’s Rates page, the Early Withdrawal Penalty reads as follows:

If your account has an original maturity of more than one (1) year: The penalty we may
impose will equal six (6) months dividends on the amount withdrawn subject to penalty.

Thanks to DA reader, troy, for his Forum post about Triangle CU's latest CD Specials.

Availability

Headquartered in Nashua, New Hampshire, Triangle Credit Union offers membership to individuals who live or work in the New Hampshire counties of Belknap, Cheshire, Hillsborough, Merrimack, and Rockingham, and the Massachusetts counties of Essex, Franklin, Middlesex, and Worcester.

In addition, family members of current Triangle CU members also qualify for membership.

In late 2016, the $6.3 million St. Joseph Hospital Employees Credit Union (Nashua) merged with Triangle CU, adding nearly 1,000 individuals to the membership rolls.

Joining Triangle Credit Union and/or opening any of the CD Specials can be done online or at any of nine New Hampshire branches located in Amherst, Derry, Manchester (3), and Nashua (4).

Credit Union Overview

Triangle Credit Union has an overall health grade of "B+" at DepositAccounts.com, with a Texas ratio of 5.27% (excellent) based on December 31, 2016 data. In the past year, Triangle CU increased its total non-brokered deposits by $55.88 million, an excellent annual growth rate of 12.14%. Please refer to our financial overview of Triangle Credit Union (NCUA Charter # 68210) for more details.

Triangle Credit Union was incorporated in 1939, as the Triangle Federal Credit Union for the benefit of the employees of the Nashua Gummed and Coated Paper Company (now known as Nashua Corporation). In 1996, the Credit Union applied for a state charter, becoming the first federal credit union to change its charter as a result of the court action taken by the American Bankers Association against federal credit unions. The "Federal" part of the name was dropped upon the state charter being granted. Today, Triangle CU has over 50,800 members and assets in excess of $630 million.

How the CD Specials Compare

When compared to the 374 similar length-of-term CDs tracked by DepositAccounts.com that require a similar minimum deposit and are available to within the FOM, Triangle Credit Union's 22-month CD Special APY currently ranks second.

Interest RateCD Length of TermCredit Union/Bank
1.75% APY24-Month Bump Rate CDNew Buffalo Savings Bank
1.70% APY22-Month CD SpecialTriangle Credit Union
1.62% APY24-Month Online Promo CDM.Y. Safra Bank

When compared to the 374 similar length-of-term CDs tracked by DepositAccounts.com that require a similar minimum deposit and are available to within the FOM, Triangle Credit Union's 35-month CD Special APY currently shares the top spot with Institution for Savings’ 40-month CD APY .

Interest RateCD Length of TermCredit Union/Bank
2.25% APY35-Month CD SpecialTriangle Credit Union
2.02% APY36-Month CDHaverhill Bank
2.00% APY36-Month E-Certificate of DepositFirst Central Savings Bank

The above rates are accurate as of 3/29/2017.

To look for the best CD rates, both nationwide and state specific, please refer to our CD rates table or our Rates Map page.

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Triangle Credit Union (NH/MA) Hikes 28-Month CD Special Rate

Deal Summary: 28-month CD Special, 1.70% APY, $1k minimum deposit

Availability: Residents of the New Hampshire counties of Belknap, Cheshire, Hillsborough, Merrimack, and Rockingham, and the Massachusetts counties of Essex, Franklin, Middlesex, and Worcester.

New Hampshire-based Triangle Credit Union (Triangle CU) is currently offering three CD Specials, but the 28-month CD Special (1.70% APY) is the only one which has a competitive rate. The minimum deposit is $1k, with no stated balance cap.

The 28-month CD Special was added to Triangle CU’s product line in late January 2016, with...

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Triangle CU (NH/MA) Offers Three CD Specials
Availability: Residents of the New Hampshire counties of Belknap, Cheshire, Hillsborough, Merrimack, and Rockingham, and the Massachusetts counties of Essex, Franklin, Middlesex, and Worcester.

New Hampshire-based Triangle Credit Union (Triangle CU) has raised the rate on its 15-month CD Special (1.50% APY) and added a new 6-month CD Special (1.00% APY) and 28-month CD Special (2.00% APY) to its product line. The minimum deposit for any of the CD Specials is $1K, with no balance cap.

As stated on Triangle CU’s Truth in Savings document, the Early Withdrawal Penalty...

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