Deal of the Day: Sharefax Credit Union CD Rates at 0.75% APY
Rates for CDs are not nearly as competitive as they were years ago. As national deposit rates dropped to save the struggling economy, many local financial institutions followed suit by lowering their own rates.
Unfortunately, this trend makes it difficult for consumers to locate certificate of deposit rates they believe can boost their savings. The good news is there are still high rates available, like the current 24-month Share fax Credit Union CD rates that come with an impressive 0.75% APY.
Sharefax Credit Union CD Rates: Terms and Conditions
Sharefax Credit Union members can enjoy this competitive rate when opening the account with a $500 minimum deposit. Dividends on the account are calculated daily and paid monthly. A penalty may be imposed for early withdrawal.
About Sharefax Credit Union
Sharefax Credit Union was founded in 1960 by Ford Motor Company employees in Cincinnati. Since opening its doors, the establishment has grown to serve more than 27,000 members from 12 counties, including Adams, Brown, Butler, Clermont, Clinton, Fayette, Greene, Hamilton, Highland, Montgomery, Preble and Warren, Ohio.
Becoming a member of Sharefax Credit Union only requires maintaining a $5 balance in a share account. For individuals who deposit money in an account, funds are federally insured up to $250,000.
Explore competitive rates for CDs.
Other Terms and Conditions may apply. Additionally, interest rates are based on the institution’s online published rates and may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.