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Andrews FCU 84 Month 3% IRA CD

Kennewickman
Kennewickman   |     |   15 posts since 2013

Had a 5 year 3.04% IRA at Digital CU that matured 10 days ago and scrambled to replace it. I used the weekly CD Summary to look for a replacement and much to my dismay couldn't find much. Then, my eye caught the IRA CD heading at the top of the Blog page. Great surprise to find  the Andrews 3% rate with easy membership through American Consumer Council. Ken, I think this CD should be listed on the weekly summary. I see the Navy FCU 2% 20 month listed there. 




Ken Tumin
Ken Tumin   |     |   5,765 posts since 2009
Yup, that definitely deserves to be in the CD weekly summary. Thanks for posting.
diamondx
diamondx   |     |   92 posts since 2011
Andrews FCU -  I currently have "account pending" since Jan. 29,  EIGHT weeks.  NOT impressed.
dave9354
dave9354   |     |   28 posts since 2010
I am sure that a quick call to the credit union would solve your pending problem
Kennewickman
Kennewickman   |     |   15 posts since 2013
Had a very good experience with Andrews FCU.  Many steps involved in opening account and doing Roth IRA transfer from Digital CU.  All went smooth. Their IRA specialist made sure everything was done correctly; responded to all email quickly. I would call them.
diamondx
diamondx   |     |   92 posts since 2011
Forgot to mention that it has been over a week since I inquired why my account was "pending" with NO response from AFCU. 
diamondx
diamondx   |     |   92 posts since 2011
So a few days after posting here about the terrible service and the EIGHT week pending application - my application has been deleted. I can still log on to AFCU, but my application info is not anywhere to be found.  Seems strange to me - very concerning actually.
Bozo
Bozo   |     |   260 posts since 2011
After a certain point in life, chasing rates gets tiring. I've decided to stick with financial institutions I know and trust. Alliant Credit Union has reasonably competitive rates, and (I must say) they have never screwed up my accounts. If all else fails, Alliant actually has a "brick and mortar" branch within driving distance, at the Kaiser Center in Oakland. I've had many CDs in many places over the years, but I'm getting too old to chase a few basis points here and there.

I'm more interested in "return of capital" than "return on capital" these days in fixed-income.
lou
lou   |     |   676 posts since 2010
Telling everyone on this site that you are no longer chasing rates is like an atheist going to church. It's just not done! We forgive you this one lapse in judgement, just don't let it happen again.
Bozo
Bozo   |     |   260 posts since 2011
Lou, my doctor put me on blood pressure pills last month. He advised against undue anxiety. As I told my wife, a nice, safe, 2% is about as good as it gets these days in fixed-income. I mean, I'm 68, pushing 69. The angst is not worth the battle, as it were.
Bozo
Bozo   |     |   260 posts since 2011
Alliant has a nice, cushy, renewal option for the IRA CD I have renewing in June. I just carve into four slices, roll each into the five-year CD at 2.2%, and EWPs are waived on my RMDs. No muss, no fuss.
jimbeau
jimbeau   |     |   62 posts since 2016
I just retired last year and my new hobby is rate chasing.   Working was less aggravating than opening new accounts (and considerably more lucrative).  Of course, this is mostly due to the "Patriot Act" stupidity. 

PS

If you want to avoid "undue anxiety", don't go to your doctor!   
bwk1954
bwk1954   |     |   10 posts since 2011
Alliant recently dropped its jumbo 5-yr.rate to 2.05%.