24-Month CD Rate Deal of the Day: Red River Employees Credit Union at 1.45% APY
Saving money with a traditional savings account can mean modest interest rates with average returns. Saving money with a certificate of deposit can mean higher CD interest rates with the best dividend returns available today. It’s easy which one depositors should choose, especially when it’s through a trusted banking provider like the Red River Employees Credit Union; its member base can now take advantage of earning 1.45% APY on a 2-year certificate of deposit that keeps their finances lucrative.
24-Month CD Terms and Conditions
Besides competitive CD interest rates, popular features of Red River Employees Credit Union’s 2-year CD include:
- A nominal $500 balance to open — half the amount required by other financial institutions.
- Dividends can be compounded, deposited to savings, or paid by check, either monthly or quarterly.
- Automatic renewals available, with a 10-day grace period to withdraw or change terms.
All deposits with the credit union up to and including $250,000 are also federally insured by the National Credit Union Administration.
About Red River Credit Union
Red River Employees Credit Union began 70 years ago, when a group of Red River Army Depot employees in Texarkana, TX decided to pool their funds together and form a financial cooperative. In keeping with the mission that each member is a part owner in the future of the credit union, today Red River Employees Credit Union counts over 60,000 members and $600 million in assets.
See current certificate of deposit rates here.
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.