Two top CD rates stand out among Tri-Co Federal Credit Union’s offers. They literally sit at both ends of the ladder in terms of maturation period: the long term 60-month CD (yielding a generous 4.25% per annum) and the short term 3-month CD (yielding a competitive 3% after maturation date).

These CD rates are among the highest cd rates quoted this month for their respective maturation periods. However, the rates may change anytime this week because most bonus rates are changed weekly, and the website was updated last January 29, 2009. It’s best to check the website for any updates before placing your money in. The full details of CD rates for the federal credit union are listed on the websites rate table.

The worrywarts best option is probably the short term 3-month CD offer, which yields a mediocre but competitive 3% APY. 4.25% APY sounds pretty attractive now, but it could end up only as buffer for the accumulated amount of inflation rates for the next five years. The 60-month CD offer is good for those who want to make sure that they keep their money in the bank away from the dangers of impulsive spending.

Take note though that member loyalty points are not applicable for these special CDs. They’re also available as IRAs (for the same rating and maturation term) for eligible applicants. You need to be a member of the Tri-Co FCU before you can open a CD account. All employees of public schools in Sussex, Morris, and Warren countries are eligible for membership. Members of these school’s PTO and PTA groups may also inquire about applications.

More details about membership eligibility are available on their Membership Page. To be an official member, you need to make a minimum $25 deposit to the union’s basic savings account.

For further inquiries, depositors may drop by Tri-Co FCU’s branches located in Randolph, Morris Plain, Augusta, and Hacketstown, New Jersey. Tri-Co FCU is a federally insured member of NCUA under Charter #1151.