Andrews Federal Credit Union is offering a competitive interest rate for their short term and long term certificates of deposit. The credit union has the following current CD rates:

• 6 months              0.60% APY
• 12 months            0.90% APY
• 18 months            1.05% APY
• 24 months            1.25% APY
• 36 months            1.55% APY
• 48 months            2.05% APY
• 60 months            2.30% APY

This money in the bank deal has an opening balance of $1,000. The credit union will be charging you a fee if you withdraw funds before the maturity date. The earnings of this top CD rate is compounded and credited every quarter. Take note the the interest rate may change any time without notice.

Membership with Andrews Federal Credit Union is open to military personnel and civilians working for McGuire Air Force Base, Andrews Air Force Base, and military installations in Belgium, Netherlands, and central Germany. You may also check the list of select employer groups that the credit union serve.

In case you still do not qualify, you still get a chance to become eligible. You need to first joint the American Consumer Council (ACC). Their membership is free you just need to call them thru 800-487-5500, option 3. After joining ACC you can now apply for membership with Andrews Federal Credit Union.

You need to visit the credit union and fill up their membership form. You also need to deposit at least $5 or more to open a share savings account as part of their requirement. Please remember to bring your social security card and driver’s license since they will be asking for a copy. You may call their customer service line if you have other concerns with regard to their membership and current CD rates thru 800-487-56267.

Andrews Federal Credit Union has been helping its members since 1948. They have 7 branches which are located in the state of Maryland, District of Columbia, and New Jersey. The credit union is insured with NCUA and has a charter number 5754.