Available nationwide, Melrose Credit Union is currently offering a wide range of rate from 1.21% APY on a 1-Year CD to 2.27% APY on a 5-Year CD. Not only do you get to choose which CD lengths fits your financial needs the best, but you also get the satisfaction of knowing that all your decisions are NCUA insured! To get started with Melrose Credit Union, you must first be a member which requires a one time $1 fee and Valid Photo ID (Driver’s License, Non-Driver ID, Passport), Proof of Address (Utility Bill), and Social Security Number. Be sure to visit their Membership Eligibility page. If you are interested in a CD account through Melrose CU, I recommend you head on over to your local branch today and start your new account experience!
Melrose Credit Union CD Summary:
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- Account Type: CD account
- APY Rates:
- 1.21%- 1 Year CD
- 1.31%- 2 Year CD
- 1.46%- 3 Year CD
- 1.71%- 4 Year CD
- 2.27%- 5 Year CD
- Availability: Nationwide
- Soft/Hard Pull: Unknown
- Minimum Balance Requirement: $5,000
- Additional Requirements: $1 Membership fee and must have Valid Photo ID (Driver’s License, Non-Driver ID, Passport), Proof of Address (Utility Bill), and Social Security Number.
- Early Withdrawal Fee: There is a fee if you withdraw before the maturity date.
- Auto-Renewal: Yes, the account will auto-renew when the account reaches maturity.
Melrose Credit Union CD Features:
- No monthly fees
- Minimum balance requirement of $5,000
- Offers some of the highest rates in the nation
- Daily compounded interest rate and credited monthly
- NCUA insured of up to $250,000
Conclusion:
In my opinion, this offer is a no-brainer: Not only does Melrose Credit Union offer the accounts with no hidden fees, but the minimum balance requirement remains at a low $5,000! If you are looking for a flexible CD account with generous APY rates, then I recommend you head on in to your local branch today and take advantage of their industry leading rates! However, if you are not currently interested, then check out our complete list of the Best National CD Rates to satisfy all your banking needs!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.