Deal of the Day: Timberline Federal Credit Union Long-Term CD Rates at 0.81% APY

Credit unions are widely recognized for placing priority on the welfare of their members and their financial well-being, rewarding them with higher interest rates and higher quality banking products. For members of the Timberline Federal Credit Union looking to invest in a certificate of deposit, the Crossett, AR nonprofit offers a 24-month CD backed by a 0.81% annual percentage yield.

Terms for Timberline Federal Credit Union CD Rates

Credit union members can enjoy all the benefits of investing in a CD with a nominal $10,000 opening deposit to begin accruing interest from the 0.86% APY. Laddering CDs becomes ideal with this certificate. All account holders need to do is open another, longer-term CD, and roll funds over from their 2-year CD once it reaches maturity. As always, all funds are guaranteed insured up to $250,000 by the National Credit Union Administration.

About Timberline Federal Credit Union

The Timberline Federal Credit Union is a reinvented Crossett Paper Mill Employees Federal Credit Union, which served people in the local Crossett, AR forestry industry for more than 50 years. As the years progressed, staff and membership became larger, necessitating an expansion in 1999, and later, a name change to Timberline?s current moniker in 2011. In January 2012, the credit union announced it had become community chartered, with membership open to anyone who lives, works, worships or attends school in Ashley County.

Build interest by laddering CDs.

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.

Source: http://www.gobankingrates.com/cd-rates/timerline-federal-credit-union-0-81-apy/

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