If you happen to reside in the state of Ohio and are in the market for a six month CD, you’re in luck! Steel Valley Federal Credit Union, based out of Warren Ohio, has a 6 month CD yielding 2.12% APY with a minimum deposit requirement of only $500. To put their offer in perspective, the current national average for 6 month certificate of deposits is only 1.03% APY.
How to Join SVFCU…
Complete a membership card designating a single or joint membership and forward it to Steel Valley Federal Credit Union Office, along with a check for $10.00 which will be deposited into your share savings account. Every member must maintain a minimum balance of $50.00 to retain membership. Once you become a member, you may remain a member even if you leave employment in the Field Of Membership, retire or move away from the area. Once a member, always a member at SVFCU!
Complete List of CD Rates…
CERTIFICATE
RATE
APY
3 MONTHS $500.00 Minimum 1.85% 1.86% 6 MONTHS $500.00 Minimum 2.10% 2.12% 12 MONTHS $500.00 Minimum 2.15% 2.17% 18 MONTHS $500.00 Minimum 2.35% 2.37% 24 MONTHS $500.00 Minimum 2.45% 2.47% 36 MONTHS $500.00 Minimum 2.60% 2.63% 48 MONTHS $500.00 Minimum 3.10% 3.14% 60 MONTHS $500.00 Minimum 3.30% 3.34%
Compare this with other CD rates in Ohio and you’ll see this offer sets the bar fairly high. SVFCU has a presence (either ATM or physical branch) within all of the major cities in Ohio (Cleveland, Cinncinati, Akron, Columbus, etc).
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