Contents
The Offer
- First Financial Federal Credit Union is offering 6.09% APY rate on a 9-month CD.
- The also have a 13-month option for 5.60%.
Our Verdict
This is a top rate for Maryland residents. Feel free to discuss in the comments.
Hat tip to reader Vipul
Effective Date: Saturday, November 23, 2024
DROPPED TO 4.69% APY
Credit card funding limit is $2,500
They are very strict on membership and require documentation to prove eligibility.
is it difficult to join this CU for MD residents?
It’s easy if you qualify for membership:
https://www.firstfinancial.org/about/become-a-member/select-employer-groups/
Excellent rate to park up to 250k
*9 month and 13 month Share Certificate Specials are available for a limited time and can be modified or withdrawn by First Financial at any time without notice. Minimum amount required to open is $5,000. Fees or penalties may reduce earnings. 9 Month Share Certificate Specials will automatically renew for 9 month terms unless directed to close the share or renew for another available term. 13 Month Share Certificate Specials will automatically renew for 12 month terms unless directed to close the share or renew for another available term. Special annual percentage yield terminates when the share certificate renews or when the share is closed. Certificate dividends are compounded daily and credited monthly. Other terms and conditions may apply.
1Members must meet Better Rewards Checking eligibility requirements at the time of opening or renewing a share certificate in order to receive the rewards rate. Other terms and conditions may apply.
2New Money means opening funds must originate from a financial institution other than First Financial Federal Credit Union within 30 days prior to date of share certificate origination.
I’m not sure on the CC funding and haven’t come across any good DPs about it. There may be no cap but only 250k is insured by the FDIC