bank rates

Indiana CU Beats Top National 2-Year CDs

With a Federal Reserve rate hike still on hold until October or December, Indiana savers might want to capitalize on the CD deal at FORUM Credit Union.

It’s paying 1.75% APY on a 23-month CD with a $500 minimum deposit.

FORUM’s offer handily beats the top nationally available 2-year yield of 1.52% APY from the banks on our CD Rates Leaderboard.

It even approaches the best 3-year return, which currently tops out at 1.85% APY.

You can try searching Bankrate’s extensive database of the best CD rates from hundreds of banks and credit unions, but you’ll see how few 2-year CDs pay this much.

Membership is available to anyone who lives or works in 76 of Indiana’s 92 counties, including the Indianapolis area or who is an employee or retiree of more than 2,000 affiliated employers.

You can join online or at one of FORUM’s 12 branches. Although CDs can’t be opened online, the process can be initiated on the website with secure online chat or email, or by visiting a branch.

Visit our constantly updated roundup of the country’s best deals from credit unions and community banks to find this and dozens of other chart-topping CD returns.

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