Chessie Federal Credit Union offers their top cd rates for their certificate of deposit accounts. To avail of these best cd rates you are required to deposit a minimum balance of $500 to open an account. The credit union’s current certificate of deposit rates are as follows:

• 6 to 11 months        1.31% APY
• 12 to 23 months      1.61% APY
• 24 to 35 months      1.92% APY
• 36 to 47 months      2.12% APY
• 48 to 59 months      2.32% APY
• 60 months               2.58% APY

In case you decide to make a withdrawal before the maturity date, expect that there will penalty charges that you will need to shoulder. Take note that the interest rates may change anytime, so you may want to check with the bank their current rates once you already have an account.

Individuals who want to be a member of Chessie Federal Credit Union should be a resident, student, church attendee, employees of businesses, or members of other legal organizations that are located in the counties of Garrett, Allegany, or wetern portion of Washington in the state of Maryland; and counties of Taylor, or Mineral, West Virginia. You may also visit the website of the credit union to check the list of employers who are accredited with of Chessie Federal Credit Union. To apply, you just need to complete the apllication form online. You may also want to call the credit union’s customer service line regarding membership thru 1800-437-1057 or you may also email them thru www.chessiefcu.org.

Chessie Federal Credit Union began serving its members in 1948. They already have over $222 million in declared assets.

Chessie Federal Credit Union is also part of the National Credit Union Administration insurance with charter number 5636.