New York Banking Rates

CD Interest Rates Deal of the Day: McGraw-Hill Federal Credit Union at 0.75% APY

It’s not always easy to secure amazing CD interest rates, largely because some financial institutions don’t offer competitive accounts. Instead, they provide customers with rates close to the zero-percent mark.

Those who are looking for great rates often have to search a long time to find one that can offer high dividends. McGraw-Hill Federal Credit Union is making the search much easier by providing its members with an amazing 0.75% APY.

CD Interest Rates Terms and Conditions

The CD rate from McGraw-Hill Federal Credit Union is available to members who open a 2-year account, then deposit a minimum of $10,000 to get started. Penalties apply for early withdrawal, and fees could reduce the earnings gained from CD interest rates on the account.

Upon maturity, accounts are given a seven-day grace period to change the CD term or withdraw funds. If no changes are made, the account automatically renews for the same term at the same rate.

About McGraw-Hill Federal Credit Union

McGraw-Hill Federal Credit Union was first chartered in 1935 in an effort to serve employees of the McGraw-Hill Companies in New York City. Since that time, the credit union has opened its membership to over 100 businesses and organizations.

McGraw-Hill Federal Credit Union members’ deposits are always safe thanks to the NCUA, which federally insures accounts for up to $250,000. Branches are located in New York City and East Windsor in New Jersey.

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.