bank rates

Indiana Deal: 3%, 57-Month CD Rates

CommunityWide Federal Credit Union is offering these CD rates with a $2,000 minimum deposit.CommunityWide Federal Credit Union is offering both regular term and special CD rates that beat the best nationally available deals by as much as four-tenths of a percentage point.

With a $2,000 minimum deposit, the South Bend, Ind.-based credit union is paying:

  • 3.00% APY on 57-month CDs.
  • 2.70% APY on 60-month CDs.
  • 2.10% APY on 36-month CDs.
  • 2.00% APY on 22-month CDs.
  • 1.60% APY on 24-month CDs.

All of those yields beat the corresponding terms on our CD Rates Leaderboard.

The deals at CommunityWide Federal Credit Union (www.comwide.com) also compare favorably with some of the best nationally available credit union CD rates, which we wrote about last week.

On its best CD rates, CommunityWide has kept the yields unchanged in 2011, although it has lengthened the term on its 3.00% APY special.

Members must purchase these certificates of deposit in person at one of CommunityWide’s branches in Elkhart, Goshen, Granger, Mishawaka, Plymouth and South Bend.

Membership is open to employees and retirees of more than 60 businesses in northern Indiana, as well as members’ immediate family and household members. A donation to Michiana Goodwill Boosters or Marine Corps League also secures membership.

Compare these returns with the best CD rates from scores of banks in our database.

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Comments (5)
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5 Existing Comments
  1. Paul Baiotto said:
    on August 11th at 05:10 pm

    How do I contact the group in Indiana who is offering a 57-month CD for 3%?

  2. Mike Cetera said:
    on August 12th at 09:02 am

    CommunityWide Federal Credit Union’s phone number listed on its website (www.comwide.com) is (574) 239-2700.

  3. Kathy at Bankaholic said:
    on August 29th at 09:53 am

    These rates are all still available.

  4. Mike Cetera said:
    on September 12th at 03:20 pm

    Looks like the 57- and 22-month CD rates specials are gone.

  5. Kathy at Bankaholic said:
    on September 14th at 09:54 am

    CommunityWide is now offering a 23-month special CD at 2.00% APY.