bank rates

Take Home A Trio Of Winning CDs From Kentucky Telco CU

This year’s big day at Churchill Downs may be in the rearview, but Kentucky Telco Credit Union is offering CD savers its own Triple Crown. It’s paying:

  • 1.50% APY on 15-month certificates.
  • 2.00% APY on 27-month certificates.
  • 2.50% APY on 45-month certificates.

All of these solidly beat the top nationally available returns from the banks on our CD Rates Leaderboard. Indeed, the 45-month offer outdoes even the top national 60-month yield of 2.27% APY.

Each promotional CD requires that at least $10,000 of the invested funds come from another institution.

But for savers able to make a larger investment, it gets even better.

If you invest $50,000 or more – and do so by June 15 – you’ll earn a special rate bonus of 0.15% on top of the yields above. For the add-on offer, at least $25,000 of the deposit must be new money.

This is the first time Kentucky Telco has earned its way into our constantly updated roundup of the nation’s best-paying credit union and community bank CDs.

Its yields are also enough to beat probably any offer you can find in Bankrate’s extensive database of the day’s best CD rates. (But we still recommend you do this before signing on the dotted line for any certificate of deposit.)

Membership in Kentucky Telco is open to anyone who lives or works in 25 Kentucky counties that surround Louisville and Lexington, or the more western county of Daviess. Employees of more than 700 affiliated organizations are also eligible for membership.

Joining the credit union and opening its CDs requires visiting one of its 11 branches in the Louisville area, or its branches in Lexington and Owensboro.

Don't miss out on the next bank deal. Get the newest deals delivered straight to your inbox!

Comments (0)
1 Star2 Stars3 Stars4 Stars5 Stars (2 votes, average: 3.00 out of 5)
No Existing Comments

Comments are closed.