Service Credit Union , which offered only a limited membership, is offering a highly competitive CD deal. This is their 3-year 2.25% APY CD which is unquestionably one of the best CD rates in the market today. Most CD deals with similar yields run for about 4 to 5 years. This CD deal is tempting because the maturity period is only a short 3 years.

The credit union is also offering a number of other CD specials which can also be put among the highest CD rates today, but are probably not as edgy as their 3-year CD. For those who are looking for short term CDs, the credit union’s 10-month certificate of deposit should prove to be very interesting. This yields as much as 1.55% APY.

For long term CDs which fit the bill of great retirement plans, the 5-year CD IRA which yields a generous 3.00% APY is a good choice. Among IRA CD deals in the market today, this remains one of the most competitive Certificate of Deposit rates.

As most top CD rates go, though, these specials are bound to have fluctuating rates. Make sure that you’re only opening an account with them at the best time by checking the rates page first before your application. You make also want to look at the penalties involved for early withdrawals. These penalties tend to be pretty hefty, especially when you’re opening a long term CD.

The minimum deposit for all of these CD specials is $1000. There is no cap deposit, which means that you can put as much money in the bank as you want without the bank limiting your yields. The more you keep in their safes, the more you earn in the long run—as long as you wait till the date of maturity.

The credit union is open to those who are working and residing in New Hampshire and Falmouth, Massachusetts. Those who are veterans of the US Army, as well as their family members, may also benefit from the credit union’s generous CD deals. To become a member, you need to maintain $5 in a shares savings account. The specifics of these requirements may be found at the membership page of the credit union.

To open an account, you also have to visit one of their branches. These branches can be found in Epping, Bedford, Lebanon, Keene, Portsmouth, Newington, Rochester, Manchester, Somersworth and Salem. These are all in New Hampshire. In Massachusetts, the lone branch is in Falmouth. Interestingly, in Germany, you’ll also see branches of this credit union, probably to service US Army men who are appointed in that area.

Despite its stringent membership requirements, the ratings of the credit union are quite strong. They received 5 out of 5 stars from BauerFinancial.com, and 4 out of 5 stars from Bankrate.com. They also have federal insurance, care of their membership with NCUA under NCUA Charter #68375.