Piedmont Advantage Credit Union still provides attractive interest rates for their certificates of deposit. This best CD account has the following current interest rates:

• 12 months     0.75% APY
• 18 months     0.80% APY
• 24 months     1.30% APY
• 30 months     1.50% APY
• 36 months     1.75% APY
• 48 months     2.10% APY
• 60 months     2.50% APY

These certificates of deposit ranges from 3 to 60 months terms that you can choose from. You need to deposit a minimum of $500 to open an account. Once your CD account is established, you will no longer be able to make deposits on to your account. The earnings of this money in the bank deal are compounded daily and paid every month. You can have your dividends deposited on to your savings account, checking account, or just have it mailed to you written in a check.

The credit union also charges a penalty if you withdraw money from your certificate of deposit account before the maturity date. You will be notified by the credit union when your CD account reaches maturity and you will be given a 7-day grace period to decide if you want to make changes on to your account, make a deposit, or just withdraw your money in your account without being charge of a penalty. After this, this best CD account will renew automatically.

Piedmont Advantage Credit Union membership is open to everyone who resides, works, attends school, or worships in the counties of Forsyth, Duplin, Guilford, Mecklenburg, Rockingham, and Iredell in the state of North Carolina. Membership is also open to employees of the credit unions select employee groups and sponsors. Immediate family members are also eligible to join. You may visit the credit union’s website to check the list of eligible companies.

There are 3 ways to apply for membership and open an account, you can choose to apply online, call the credit union, or visit one of their branches. In anyway, you will have to complete their application form, provide a copy of your valid picture identification with your current address listed on it, and a check worth $5 which will be use to open your new regular share savings account.

For more details about their membership eligibility, requirements, or current CD rates you may call their customer service line at 800-433-7228. Piedmont Advantage Credit Union has several branches located in North Carolina state in the cities of Charlotte, Winston Salem, Eden, Mooresville, and Greensboro.

Piedmont Advantage Credit Union has been provding a wide range of deposit account and loans to its members since 1949. They are one of the largest credit union in North Carolina which has 46,730 members with $214.38 million in declared assets. The credit union has an NCUA charter number 60160.