bank rates

Bring Home A Deal Worth Bragging About From Spokane Teachers Credit Union

In what’s become a repeating pattern, Washington and north Idaho savers are being treated to a special chart-topping rate on the same odd-term CD.

And the already sweet deal recently got even sweeter.

Spokane Teachers Credit Union, which refers to itself as STCU, has been offering a 30-month President’s Premium certificate for more than five years now.

Its rate isn’t always competitive with the top nationally available mid-term CDs. But once or twice a year, STCU spikes the rate to top what savers can earn from the best-paying national banks.

Its latest iteration of the promotion brings the President’s Premium certificate up to 2.02% APY, after unveiling a 1.76% yield three months ago.

That puts STCU almost half of a percentage point above the top nationally available 24-month yield of 1.55% APY from the banks on our CD Rates Leaderboard, and handily outdoes the top 36-month return of 1.66% APY as well.

All of this means it qualifies once again for a spot in our constantly updated roundup of the country’s top-paying CDs from credit unions and community banks.

Anyone who lives in Washington State or the Idaho counties of Benewah, Bonner, Boundary, Kootenai, Latah, Lewis, Nez Perce or Shoshone is eligible for STCU membership.

Joining the credit union and opening its certificates of deposit can be done online or at one of its 22 branches across Washington and northern Idaho.

A minimum investment of $25,000 is required for this promotional CD, and should you opt to cash it in early, your penalty will be six months’ interest.

As always before committing your funds to any CD, though, be sure to check Bankrate’s extensive database of the day’s best CD rates to ensure you’ve found your best possible offer.

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