Special Long-Term CD Rate at Wildfire Credit Union in Michigan - Local Only

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Wildfire Credit Union is offering a special 58-month CD with a 2.75% APY. Minimum deposit is $2,000. This special CD is listed in the credit union's rates page as of 3/30/2011. Above the rate table it lists a date range of 3/29/2011 to 4/4/2011.

My last report on this credit union was in October when the credit union was offering a special 4.00% 6-year CD. Unfortunately, that is no longer available. They seemed to have changed the disclosure since October. The disclosure that's now linked below the rate table doesn't seem to include the early withdrawal penalty. Based on the penalties listed in October, CD terms of 36 to 59 months have a 4-month interest penalty.

Membership is open to those who live, work, worship or attend college in one of the following Michigan counties: Saginaw, Bay, Midland, Genesee, Gratiot, Shiawassee and Tuscola. Please refer to the credit union's membership page for the full details.

The credit union's overall health score is 5 stars (out of 5) with a Texas Ratio of 4.11% (excellent) based on December 2010 data. Please refer to our financial overview of Wildfire Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 60057).

How It Compares?

For CDs nationally available, the best 60-month CD rate is 3.00% APY at Connexus Credit Union but this requires an active checking account. Without a checking requirement, the best 5-year CD rate is 2.93% APY at Melrose Credit Union. The best 5-year rate at a bank is 2.80% APY at Sovereign Bank. These rates are accurate as of 3/30/2011.

Searching for the Best CD and IRA CD Rates

To search for the best nationwide rates and the best rates in your state, please refer to the following sections of DepositAccounts.com:

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Hot 6-Year CD Rate at Wildfire Credit Union in Michigan - Local Only

Wildfire Credit Union is offering a hot 6-year CD special. It's a 72-month CD with a 4.00% APY and a $2,000 minimum deposit. It's a grand-opening special for the credit union's new Bay City Branch that's only available through October 30, 2010. This is currently listed at the credit union's rates page as of 10/22/2010.

I reported on this credit union last month for its competitive standard CD rates. They have fallen a little since September, but they remain competitive. The best ones include a 3.00% APY 5-year CD...

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Top Long-Term CDs at Wildfire Credit Union in Michigan - Local Only

Wildfire Credit Union is offering two very competitive long-term CD rates: 3.05% APY 55-month CD special and a 3.25% APY 60-month CD. Minimum deposit is $2,000. These rates are listed in the credit union's rates page as of 9/19/2010.

At the bottom of the CD rate table, there's a link to the disclosure. According to the disclosure, the early withdrawal penalty for certificate terms of 36 to 59 months is only 4 months of interest. The 60-month CD has a 5-month penalty. These penalties are a little below the typical 6-month...

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