Think that all of the CD rates are below 3% APY? Think again. Charles St. Community Credit Union, located in Marion, IN is offering a 3.20% APY 5-year CD with a measly minimum balance of $500. Membership requires that you live, worship, or work in Grant County, IN. I know, most people don’t live in Grant County but still, the offer highlights how credit unions are still kicking some juicy rates for those willing to grab a shovel and do a little digging.
A quick search through the BestCashCow rate tables reveals a couple of other juicy offers.
- El Paso Area Teachers Credit Union continues to rope the good deals with a 3.150% APY 60-month CD. Minimum balance of $50,000.
- Self Reliance Credit Union of NY, New York is offering a 3.10% APY 60-month CD with no minimum balance.
- Greater El Paso Credit Union (GECU) is offering a 3.050% APY 60-month CD. What is is with El Paso and 60-month CDs?
Don’t despair. Rates are low but with some digging you can make the best of the bad. Don’t stick your cash into a bank paying below market. That’s like settling for a guy or gal because you just don’t want to look anymore. Strive to find the best, the greatest, the rate that will make your life better for ever after. Well, that might be a bit too much hyperbole, but you get the idea.
There is no excuse nowadays not to get the best rate you can on your savings.
Filed under: Bank Deals Tagged: | 5 year cd rates, bank rates, cd rates, credit unions
