Co-op Services Credit Union with Special Top CD Rate Offerings, 3.50% APY for 15-month Promo
The Co-op Services Credit Union is pushing for their certificate of deposit special deals which give 3.50 % APY for their 15-month term. This requires a $1000 deposit to open. There are other top cd rates that are very competitive: 3.55% for $25K minimum and 3.60% APY for a deposit of at least $100K.
These CD’s are also available as IRA’s and the rates are bit higher. The APY for the $500 minimum is 3.85% APY, a $25K deposit earns 3.90% APY, and APY for $100K minimum is 3.95%.
The rates are effective as of January 26 according to the website. This may change any time so it will be best to phone the bank first before signing up for anything.
There are associations that can be joined so anyone can qualify for membership. Visit the union’s website to know the details about these associations.
The Co-op Services Credit Union has branches in Westland, Walled Lake, Southgate, Melvindale, Livonia, and Dearborn.
The union also recently merged with Priority Community Financial so these certificates of deposits are also available through them. Priority Community has branches in Westland and Southfield.
Co-op Services has fair ratings from bankrate.com and BauerFinancial. The former gave 3 stars while the latter issued 4 stars. These are based on their September 2008 data.
The union is a member of the NCUA through charter # 62426.
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