Best CD Rates (Certificate of Deposit Rates)

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Mutual Security Credit Union Starter Certificates of Deposit

This is an old post - click for current rates

mutual-security-credit-union-starter-certificates-of-depositMutual Security Credit Union of Connecticut is offering two Starter Certificates of Deposit that can get you started saving money. The Starter certificates allow you to deposit money into the account weekly via direct deposit. In fact, you have to in order to receive the rate.

Since these certificates of deposit are designed for those just starting out saving money, the maximum opening deposit of $100. The minimum weekly direct deposit is $10 and the maximum is $50.

The 18 month certificate of deposit currently has a rate of 2.47% with an annual percentage yield of 2.50%. The 30 month certificate of deposit has a rate of 2.96% with an annual percentage yield of 3.00%, which are some of the best CD rates available right now.

The certificate of deposit accounts are insured by the National Credit Union Administration. For more information on the Starter CDs and joining the credit union visit a MSCU.com, a local branch or call 1-800-761-2400.

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Author: Lisa Graham
March 12th, 2010