New York Banking Rates

12-Month CD Rate Deal of the Day: Greater Woodlawn Federal Credit Union at 0.75% APY

Opening a certificate of deposit with a credit union is another way of forging a partnership; in return for leaving their funds in an account for a select period of time, members are rewarded with higher CD interest rates and returns than they’d receive with a more standard savings account. Chautauqua County, N.Y. residents can strike this type of deal with the Greater Woodlawn Federal Credit Union, where a 0.75% APY can be found on a 12-month CD.

CD Interest Rates: Terms and Conditions

With a $2,500 minimum opening requirement, members can begin earning dividends from their 0.75% annual percentage yield — an interest rate that keeps depositors ahead of their finances. One of the highest CD interest rates available for a termed investment product of its kind, Greater Woodlawn Federal Credit Union’s 12-month CD, along with its other savings accounts, are also federally backed (up to $250,000) by the National Credit Union Administration.

About the Greater Woodlawn Federal Credit Union

A not-for-profit financial collective with a dedicated board of trustees, the Greater Woodlawn Federal Credit Union offers membership eligibility to people working for select employers, including Ford Motor Company employees in Buffalo, NY; the Blasdell Taxpayers Association; Taylor-Pohlman in Orchard Park, NY; and Dahlstrom Manufacturing in Jamestown, NY. In addition to its Blasdell flagship, the credit union also has locations in Lakewood and Dunkirk, NY.

Other Terms and Conditions may apply. Additionally, interest rates are based on the institution’s online published rates and may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.