California Banking Rates

Deal of the Day: RAFE Federal Credit Union Savings Rates at 1.00% APY

RAFE federal credit union

At various points in life, a saver’s needs might take him down the path of contributing to an IRA. Whether it is to grow a nest egg or create a tax shelter, there are many advantages to having one. A significant advantage right now is that the savings rates on these accounts with many credit unions is higher than the typical savings account. RAFE Federal Credit Union is currently offering an IRA certificate with a rate as high as 1.00% APY.

RAFE Federal Credit Union Savings Rates: Terms and Conditions

The IRA Certificate through RAFE Federal Credit Union comes with an interest rate of 1.00% APY on balances between $10,000 and $49,999. This rate represents the highest savings rate for that tiered balance at the credit union. Maximum contribution limits do apply. This rate assumes that the money is deposited into a certificate of deposit; if it is deposited into a share savings account, the rate would be equivalent to a share savings account.

About RAFE Federal Credit Union

RAFE Federal Credit Union was established in 1963 to to service Riverside Area Federal Employees. Over the years, it has widened its field of membership, allowing it to grow into a full-service financial institution with state-of-the-art technology. It has remained keenly focused on providing its members quality financial products and services.

Click here to find the best savings rates in the country.

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.