bank rates

Bayer Heritage FCU CDs Pay Up To 2.15%

white piggy banks, a stack of money and a money sackSince Bayer Heritage Federal Credit Union isn’t technically affiliated with the pharmaceutical company, its above-Leaderboard CD rates aren’t limited to employees.

Which is good news, since with a $500 minimum deposit, it pays:

  • 1.89% APY for 48- to 59-month CDs.
  • 2.15% APY for 60-month CDs.

That 60-month CD rate beats its term leader on our CD Rates Leaderboard by a tenth of a percentage point.

But you still have to be a member of Bayer Heritage Federal Credit Union to purchase these certificates of deposit. Besides employees of Bayer Corp. and family members of existing members, membership is open to those who live, work, worship or attend school in Wetzel and Tyler counties, W. Va., and Monroe County, Ohio; as well as specific areas of Marshall County, W. Va.; Belmont and Licking counties, Ohio; and Berkley and Charleston counties, S.C.

Membership requires a $5 deposit in a share savings account.

Members can buy CDs over the phone, online or at a branch.

Bayer Heritage Federal Credit Union has 10 locations in Pittsburgh; Goose Creek, S.C.; Baytown, Texas; Zanesville, Ohio; and Martinsburg, Moundsville, New Martinsville and Proctor, W. Va.

Learn more about Bayer Heritage Federal Credit Union at www.bayerhfcu.com or call 800-272-6003.

See how these returns compare with the best CD rates from scores of banks in our extensive database.

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Comments (3)
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3 Existing Comments
  1. Kathy at Bankaholic said:
    on October 1st at 04:19 am

    Bayer Heritage has raised these rates:

    48- to 59-month CD now pays 2.02% APY
    60-month CD pays 2.27% APY

  2. Kathy at Bankaholic said:
    on November 1st at 05:59 am

    Bayer Heritage has just raised these rates again. Its now paying 2.40 on 60-month CDs and 2.15% APY on 48- to 59-month CDs.

  3. Kathy at Bankaholic said:
    on January 3rd at 07:40 am

    The increases Bayer made in October and November have been wiped out, and Bayer is back to paying the rates quoted in the original post.