Featured Savings Rates

Problem With CD Rate Tables?

pearlbrown
pearlbrown   |     |   2,276 posts since 2010

Ken, I was reviewing the 6+ year CD tables and noticed:

(1) on a 60-71 month CD from Via Credit Union a deposit amount of $100K is reported to earn $31,888 in interest from a 1.72%APY.

(2) on a 60 month CD from Alliance Credit Union  a deposit amount of $100k is reported to earn $31,678 in interest from a 1.71%APY.

I believe the correct figures are approximately $10700 (for the Via 71 month term) and $8800 for 60 month CDs at these rates.

Other examples using the same deposit amount:

Wright Patt CU  60-71mo  2.11%  $40339 interest

Department of Commerce CU 60-84 month 2.1 $40116 interest

EP Federal CU 48 - 72 mo 2.02 $38345 interest

Granite State CU 60-71 mo 1.81% $33795 interest