Here’s a good deal on CDs for those that live in Georgia. Workmen’s Circle Credit Union is offering a 2.01% APY 6 month CD and a 2.5% 1-2 year certificate of deposit with a minimum deposit of $5,000. The early withdrawal penalty is pretty light, only 30 days’ interest. These rates are also available as IRA CD rates.
Workmen’s also has a good money market account for balances over $20,000. You get 2.25% APY for balances $20,000 to $50,000, 2.5% APY for balances of $50,000 to $100,000, and 2.60% APY for balances of $100,000 to $500,000.
Membership to Workmen’s is open to anyone who lives or works in Chatham County, Georgia.
Workmen’s Circle Credit is located in Savannah, Georgia.
Workmen’s Circle Credit has a strong 4 out of 5 star soundness rating from Bankrate and is NCUA insured. To visit their site click here.