Credit unions are definitely worth looking into because many offer higher yield CDs than banks. If you want to research which credit unions are offering CD promotions and high yields in general, you can take a look at http://www.emoneycentral.com
As a side note, Pentagon Federal Credit Union ( http://www.penfed.org ) is offering a few certificates with an annual percentage yield of 6.25%. That's a very high rate at this point in time. This offer may expire at the end of this month. You can qualify for credit union membership by joining the National Military Family Association. Details are on the credit union's web site.
2007-01-24 19:35:07
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answer #1
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answered by Coin 2
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the great aspect about protecting your account on the credit union open is that as a member, you're able to apply the different products & amenities offered by technique of the credit union (mastercard, vehicle loan, loan, and so on.). in case you do not use this stuff & amenities and do not imagine you'll want them contained in the destiny, you're probable extra effective off merely last the account. If, notwithstanding, the in user-friendly words barrier to creating use of the account is the area of the credit union, be effective to benefit with them to work out in the adventure that they are area of a shared service center community which will have a area in direction of your position or artwork. Likewise, there will be ATMs for you to use to make deposits somewhat than having to bypass to the credit union workplace. some economic establishments have "account dormancy" expenses that are charged to those who do no longer deposit or withdraw money from an account for a particular era of time (often 3-6 months). maximum economic establishments do no longer want human beings to open charges and merely go away a small quantity of money in them for lengthy sessions of time. they want you to take out loans and deposit income lower price charges charges, certificate of deposits, and so on. be effective to benefit consisting of your economic corporation on the topic of charges, expenses. and so on. so that you may make an advised decision. strong success!
2016-12-02 21:37:42
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answer #2
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answered by ? 4
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http://www.bankrate.com/brm/rate/deposits_home.asp
Good website here, you can search by states or highest yield. I'm not sure if you can search only credit unions.
CDs are safe (FDIC insured) as long as you keep your money in them for the length of the CD, otherwise there are penalties.
2007-01-22 02:22:23
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answer #3
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answered by Josiwax 3
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The following link provides both the best rates and a star rating for each:
http://www.bankrate.com/brm/rate/high_home.asp
Good luck investing...
2007-01-22 03:22:52
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answer #4
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answered by Dodger 2
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