The best way to look for stable CD rates is to ask for them from your own local banks and credit unions. Those that are being offered nationwide tend to fall within the week. The top CD rates of NMTW Credit Union is a different story, and probably this is because their 2.45% APY 33-day add-on CD and 1.25% 13-month add-on CD are only offered to those who work and live in Massachusetts and New Hampshire.

It’s a happy day for those who are qualified to be members of the credit union. These add-on CDs only require a minimum deposit of $500. Aside from the attractive Certificate of Deposit rates, it also allows two withdrawals to be made within the CD term, so you won’t have to worry about early withdrawal penalties in case of emergencies. You just need to make sure that they really are emergencies.

Aside from the add-on CDs, the credit union also offers IRA CDs with similar, if not slightly higher rates. According to today’s rate table, the 33-month IRA CD earns 2.55% APY, while the 13-month IRA CD earns up to 1.35% APY. In both the add-on and the IRA CDs, the longer 33-term CDs are more competitive.

While these rates have remained steady as rocks since last week, it’s always best for you to check the credit union’s website first before going to the branch to open an account. In this economy, even the highest CD rates aren’t safe from sudden drops, anymore.

For the complete membership details, visit the credit union’s webpage. Generally, though, they accept anyone who studies, works, or lives in Essex, Middlesex, Norfolk and Worcester (Massachusetts), as well as Hillsborough and Rockingham, New Hampshire. 

Just in case you’re concerned about the credit union’s stability, you shouldn’t be. According to the most recent ratings, they’re superior to most of their peers. Bankrate.com gave the credit union 3 out of five stars, while BauerFinancial.com gave them a perfect score with five stars. The credit union is insured by NCUA under Charter #66365.