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6.39% 36-Month CD IRA at NGFCU (Open To All)


Northrop Grumman FCU has just increased its CD rates since my Monday report. The long-term IRA CDs now have some very nice rates. These include a 6.39% APY 36-month, 6.18% APY 48-month and a 6.16% APY 60-month IRA CD. All have a $40K minimum deposit. An APY of 6.13% is available for the 36-month IRA CD with a $2K minimum. The regular certificate rates are considerably lower. The highest rate for those is a 5.50% APY 6-month CD with a $40K minimum.

In addition to employees of Northrop Grumman, the credit union's field of membership includes members of the Southern California Historical Aircraft Foundation. The credit union allows you to join this foundation concurrently with your membership to the credit union. The minimum payment is $15 which includes a one year membership to this foundation, a one-time fee for the credit union and an initial deposit of $5 to open a regular share account.

The credit union has branches in several cities of California, Illinois, Maryland, Virginia, Louisiana and Florida.

NGFCU is NCUA insured. It has $538 million in assets and over 50,000 members.

Thanks to the reader who mentioned these new IRA rates in the finding deals post.

Anonymous   |     |   Comment #1
I called and spoke with a CSR and she told me that their rates change every Tuesday, so according to her, these rates should be holding through (atleast) this coming Tuesday. Good rates!
Banking Guy
Banking Guy (anonymous)   |     |   Comment #2
Thanks for the info. I just checked the website and these 6% IRA CDs seem to be over (on Sat 10/21/06). Perhaps they updated them early this week...