Home > CD Rates > Melrose Credit Union 2.22% APY 1 Year CD

Melrose Credit Union 2.22% APY 1 Year CD

October 1st, 2009

Melrose Credit Union is offering a 2.22% APY 1 year CD which is lower than it’s previous rate of 2.27%, but remains competitive. Click here to visit their site.

They’re also offering a 2.47% APY 2 year certificate of deposit, a 2.98% 3 year CD, a 3.34% 4 year CD, and a 3.80% 5 year CD. The rate’s on the CDs don’t lock until they receive the funds unfortunately. The minimum deposit on the account is $5,000. This rate is also available as an IRA CD rate with a minimum deposit of $4,000.

The credit union is available for anyone to join and requires a $1 fee and at least $25 in their share high interest savings account.

Melrose Credit Union has a very strong four out of five star soundness rating from bankrate and is federally insured by the NCUA.

CD Rates

  1. Donald Treich
    September 10th, 2009 at 13:24 | #1

    What are your current rates for CD,1 year maturity..$.50,000.00

  2. cynthia spencer
    September 12th, 2009 at 06:04 | #2

    I would like to apply and join the melrose bank, is their paper work involved with the $1 fee and $25 in share savings account? Thanks, Cynthia Spencer

  3. October 23rd, 2009 at 15:56 | #3

    Our past experience was that they needed an original application. So folks mailed it in with the check. However, as I recall, they wouldn’t guarantee the rate until they had the package in the mail.

  4. Rosalie Smith
    January 18th, 2010 at 18:50 | #4

    In early Feb. we will have $77,000 to invest in a one year CD at a good rate. Send paper work plese and we will get it right back to you.

  5. Rosalie Smith
    January 18th, 2010 at 18:53 | #5

    I understand about the $1.00 and $25.00 fees.

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