Hello, First time poster and would like input on WWYD in choosing a CD at Communication FCU. I had a CD mature on Saturday at NFCU and will have another mature 8/4, (2.23%). I have CD’s at NFCU that mature on 7/8/24 & 8/14/24, (3.44%). Also, have a ROTH at Navy that will mature on 5/2/22, (3.68%).
I opened a Step-UP CD at Communication FCU on 8/31/20, (1.29%) and funded it with $1000, as a hedge against dropping rates. I can add money one time and/or take advantage of a higher rate one time.
I want to stay with Communication FCU. Right now they are offering the following Step-Up CD’s. One time money added and/or rate increase.
2yr - 0.85%
3yr - 0.95%
4yr - 1.05%
5yr - 1.05%
Would like to hear your thoughts!