CD Interest Rates Deal of the Day: El Monte City Employees Credit Union at 0.90% APY
One of the most profitable investment options available has traditionally been a certificate of deposit (CD). They have been known for being safe alternatives to stocks, offering amazing interest rates in exchange for little access to funds for a few months or years.
Unfortunately, in the past few years it’s been more difficult for consumers to profit from these deposit accounts because CD interest rates have plummeted to near zero. Luckily there are a few great rates still available, like the 0.90% APY offered by El Monte City Employees Credit Union.
CD Interest Rates: Terms and Conditions
El Monte City Employees Credit Union is offering its competitive rate with a 24-month certificate account. To secure any CD interest rates from the credit union, members must first deposit the minimum required amount, which is $2,000 for the advertised certificate.
About El Monte City Employees Credit Union
El Monte City Employees Credit Union was established in 1956 and has since been helping members reach their financial dreams. Membership is open to all employees of the City of El Monte, as well as any employees of the Chamber of Commerce of El Monte, South El Monte and Baldwin Park.
El Monte City Employees Credit Union depositors can feel comfortable that their deposits are secure thanks to federal insurance of up to $250,000, provided by the NCUA. The establishment is located in El Monte, California.
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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.