ELGA Credit Union CD Review: 3.10% APY 27-Month CD Rate Special (Michigan only)

If you are a resident of Michigan and currently looking for great savings rates, then make sure you keep reading. ELGA Credit Union has wide array of products to meet your individual needs. They are proud to be a financial institution that is big enough to serve all your financial needs, yet small enough to care about how those needs are met.

They currently offer standard CD rates from 12-months to 72-months with 2.05% to 3.25% APY Rates. They also have a special 27-month CD term with 3.10% APY on $25,000 balances or more. By joining ELGA Credit Union, you get to enjoy earning higher rate of interest than regular savings account.

Eligibility: Individuals who live, work, worship, volunteer, or attend school within Genesee, Saginaw, Lapeer, Shiawassee, Oakland, and Livingston Counties are eligible to join. To learn more, be sure to check out the membership eligibility section.

ELGA Credit Union CD Summary

• Direct Link to Offer
  
• Account Type: CD account
• Current Promotion: 3.10% APY 27-Month CD
• Special APY Rates/Balance requirements:
  • $1,000 deposit:
    • 2.05% APY- 12 Month
    • 2.40% APY- 24 Month
    • 2.70% APY- 36 Month
    • 2.75% APY- 48 Month
    • 3.10% APY- 60 Month
    • 3.25% APY- 72 Month
  • $25,000 deposit:
    • 2.40% APY- 18 Month
    • 2.75% APY- 30 Month
    • 2.80% APY- 42 Month
    • 3.10% APY- 55 Month
    • 3.25% APY- 65 Month
• Availability: MI (Branch Locator)
• Soft/Hard Pull: Soft Pull or Hard Pull? Let us know
• Minimum Balance Requirement: $25,000
• Additional Requirements: Must provide balance requirement
• Early Withdrawal Fee: There is a fee if you withdraw before the maturity date.
• Auto-Renewal: None listed, check with CSR

ELGA Credit Union Best CD Rates

Overall, ELGA Credit Union ranked highest across the board from our statewide Best 2-Year CD Rates list. So if you’re interested in making a higher rate than a traditional savings account, make sure to take advantage of this limited time special offer. Note that rates are always changing, which is why if you’re interested in getting a CD with them, you might want to hop on it as soon as possible.

ELGA Credit Union CD Account Features

• Different terms
• Earns higher rate of interest than regular savings account
• Interest compounds
• Fixed rate of interest
• NCUA insured

Conclusion

If you are interested in a short term or long term CD, look no further as ELGA Credit Union offers you a standard and special CD rates that go up to 3.10% APY on 27-month term. Remember, special ranked highly on our Best CDs list. So if you are interested and live near a branch, be sure to open your new CD account today!

However if you are not interested or looking for more options, be sure to browse our complete list of the Best CD Rates for all your savings needs!

The Chase Freedom Unlimited® Card offers a $250 bonus after spending $500 on purchases in your first 3 months from account opening. Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR. In addition, you can earn: • 6.5% cash back on travel purchased through Chase TravelSM, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more • 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service • 3% on all other purchases (on up to $20,000 spent in the first year). After your first year or $20,000 spent, enjoy 5% cash back on travel purchased through Chase TravelSM, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases. There is no minimum to redeem for cash back & your cash back rewards do not expire as long as your account is open. This card comes with no annual fee and you'll get a free credit score that is updated weekly with Credit JourneySM. Member FDIC Learn More About This Card