Looking for a bank with an attractive 6% CD rate? Look no further than Complex Community Federal Credit Union (CCFCU). Offering a range of Certificate of Deposit (CD) terms, from six months to five years, CCFCU stands out with its 6.00% APY specifically for the 6-month term. To take advantage of this competitive rate, you’ll need to open your CD with a minimum deposit of $500 in new funds.
CCFCU’s 6-month CD provides an excellent opportunity for savers looking to maximize their returns on short-term investments. With a relatively low minimum deposit requirement and a high interest rate, it’s a compelling option for those seeking to grow their savings effectively. Unlike some CDs, which automatically renew at maturity, it’s important to note that this particular CD from CCFCU doesn’t renew automatically, giving customers more control over their financial decisions.
In summary, if you’re in search of a bank offering a 6% CD rate, consider Complex Community Federal Credit Union (CCFCU). With a minimum deposit of $500 and a 6-month term yielding 6.00% APY, it presents a promising opportunity for savers. Remember, however, that this CD doesn’t renew automatically, so be sure to plan accordingly when considering your investment options.
(Response: Complex Community Federal Credit Union (CCFCU))