Truliant Federal Credit Union is offering three competitive CD and IRA CD specials. These include a 3.00% APY 5-year CD, a 1.75% APY 17-month CD and a 1.25% APY 8-month CD. Minimum deposit is $1,000. These rates are listed at the bottom of the Truliant's certificate rates table as of 12/9/2010.
My last post on Truliant was in March 2009 when they were offering a special 3% 20-month CD. This is an example of how interest rates have gone down over the last two years. Now 3% requires triple the term length. Finding Three Percent CDs is hard these days. As a comparison to internet banks, the best 5-year CD rate is 2.55% APY at First Internet Bank.
Membership is open to anyone who lives, works or worships in one of two dozen counties in North Carolina, in portions of Greenville County, South Carolina, and in parts of a few counties in Virginia. Please refer to the credit union's Communities We Serve Page for the full details. Membership requires a minimum balance of $5 in the Regular Savings Account.
Branches are located throughout North Carolina including the cities of Burlington, Charlotte, Greensboro and Winston-Salem. Branches are also in Greenville, South Carolina, in Richmond, Virginia and in Canton, Ohio.
The credit union has an overall health score at DepositAccounts.com of 3 out of 5 with a Texas Ratio of 20.17% (above average) based on September 2010 data. It's a large credit union with $1.35 billion in assets. Please refer to our financial overview of Truliant Federal Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 7840).
Searching for the Best CD Rates
To search for the best nationwide rates and the best rates in your state, please refer to the following tables at DepositAccounts.com: