Sharonview Credit Union

dave9354 | Jul 22, 2020 | 58 posts since 2010

Received two phone call from this credit union today. They offered to close my 4.00% cd without any penalty. Do they think I just fell off the turnip truck?!! They do this under the guise of helping you through the COVID-19 crises. What a Crock! Do you think they care wether I contracted the virus?

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racecar | Aug 8, 2020 | 631 posts since 2014

You can't blame them for trying. There may be people out there who need the money now, and it would certainly benefit them. But NavyFed and others have also made a big deal about letting people close their CDs penalty-free, not just Sharonview. If you want to keep your 4% CD, simply say "no thank you" and be thankful you're getting 4% in an age where it's hard to find 1%. Hopefully Sharonview can survive and continue to pay their members.

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