bank rates

New Promo Deal Pays 1.60% In Florida and Alabama

It’s been awhile since we’ve had any Florida deals to pass along.

So we were delighted to discover the sunny new promotion that Gulf Winds Federal Credit Union has unveiled for savers in northern Florida and southeast Alabama.

With a modest $500 minimum, the certificate pays 1.60% APY on 19 months, which is a tenth of a percentage point more than the best nationally available 24-month yield from the banks on our CD Rates Leaderboard.

It also earns Gulf Winds its first-ever appearance in our constantly updated roundup of the country’s best credit union and community bank CDs.

Membership in the credit union is open to anyone who lives or works in the Florida counties of Escambia, Leon, Santa Rosa, Gadsden, Wakulla and Jefferson, or Alabama’s Escambia County.

Joining and opening its certificates of deposit can be done by phone or at one of its six branches in and around Pensacola, its four Tallahassee-area branches or its two branches in Alabama.

But don’t forget – before committing your money to any certificate, it’s always smart to check Bankrate’s extensive database of the day’s best CD rates to make sure you’re getting the very best deal possible.

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