1-year 5% IRA CD at South Division Credit Union
South Division Credit Union has a very nice short-term deal for those looking to rollover an IRA: Their one-year IRA rollover CD is earning 5.00% APY. This CD has a minimum deposit of $50,000, and because South Division CU is calling it a “rollover CD,” I would guess it is available only to new money to the credit union. South Division Credit Union also has decent rates on regular 6-month and 12-month CDs, both of which are earning 3.75% APY.
South Division CU has seven locations: Four in Chicago, two in Evergreen Park, and one in Midlothian. South Division Credit Union does not seem to list their field of membership on their webpage — contact them for more information.
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