Main Street Financial Federal Credit Union has four strong CD rates for its Louisiana members.
With a $10,000 minimum deposit, it pays:
- 2.25% APY for 60-month CDs.
- 2.00% APY for 48-month CDs.
- 1.75% APY for 36-month CDs.
- 1.50% APY for 24-month CDs.
All easily beat the top nationally CD rates for their corresponding terms on our CD Rates Leaderboard.
The 60-month CD rate is four-tenths of a percentage point higher than its term leader.
And these are the credit union’s top-tier CD rates.
With a lesser, $1,000 minimum deposit, you can still earn 2.00% APY for 60-month CDs, 1.75% APY for 48-month CDs and 1.50% APY for 36-month CDs.
You have to be a member of Main Street Financial Federal Credit Union to purchase these certificates of deposit.
Residents of Jefferson Parish can join as well as immediate family members of current members and employees of the credit union’s 200 corporate partners and several schools, which are listed on the website, and their family members.
A $5 deposit in a share savings account and a $5 membership fee are required for membership.
Members have to buy CDs in person at one of the credit union’s five branches in Baton Rouge, Denham Springs, Lake Charles and Livingston.
We should note this credit union in late 2012 voted to merge with nearby Jefferson Financial Credit Union, which offers the same competitive rates.
Learn more about Main Street Financial Federal Credit Union at www.msfinancialfcu.org or call 800-436-8328.
See how these returns compare with the best CD rates from scores of banks in our extensive database.