Top 1 Year CD Rate

by CD Rates on July 3, 2010 · 0 comments

in Rate Updates

Melrose Credit UnionRates continue to fall all around.  The past week has been brutal for all terms from 6 month to 5 year, all CD rates have lowered from last week. Credit Unions on the whole, have kept their rates steady and higher than their bank counterparts.

At the moment, Melrose Credit Union offers the top 1 year CD rate at 1.76% APY.  The rate is more than double the national average 12 month of 0.86 percent. They have kept their rates steady for all CDs for the past 3 weeks. Melrose is unlike many other credit unions because anyone can apply for a membership.  They have only one location in Queens, New York.  The credit union is NCUA # 62005, incorporated in 1922 and has over 20,000 members.  You can either visit their local branch, or sign up online.  You may also want to view their other CD Rates because they are some of the highest rates in the country.

Connexus Credit Union is another viable alternative with their 1 year CD rate at 1.75% APY.  You can sign up with them either online or at one of their 6 branches.

Search for other of the top CD rates at either credit unions or banks.


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