Southeast Financial Federal Credit Union is offering a 2% APY 3 month CD, a 2.25% 6 month CD, a 2.60% 1 year CD, a 2.75% 18 month CD, and a 2.75% 2 year certificate of deposit. The minimum deposit is a low $500. The early withdrawal penalty is a low 2 months’ interest for CD terms of 6 months or longer.
In order to join Southeast Financial Credit Union you can call 800-521-9653 and make a $5 donation to the Autism Society of Middle Tennessee which will gain you membership to their credit union. They also allow employees of certain companies or people from certain locations. You also need $5 in their share savings account and you’ll need to send a copy of your driver’s license.
You can fund your CD with a check sent along with your membership application. If you’d like to open an account in person, branches of Southeast Financial Credit Union are located in Kentucky, Mississippi, and Tennessee.
Southeast Financial Credit Union has a strong 4 out of 5 star soundness rating from bankrate and is federally insured by the NCUA.