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CDs up to 3.39% at AA Credit Union
AA Credit Union has a number of competitive CDs available:
- 3-year CD: 3.03% APY
- 4-year CD: 3.14% APY
- 5-year CD: 3.39% APY
These CDs all have a minimum of $10,000. The CDs are available with a minimum of $1000 as well, but the APYs on the CDs drop by between 10 and 25 basis points. The penalty for early withdrawal is 180 days on each of these CDs.
AA Credit Union is open to anyone who works directly with the air transportation industry — not just American Airlines employees. This includes airline employees, TSA and FAA employees, baggage handlers, those who deal with airline food services, and others. It also is open to those who are retired from the air transportation industry.
The four local branches of AA Credit Union are all located on the grounds of O’Hare Airport — in Terminal 3, Concourse K; in Terminal 3, Concourse G; in the West Mezzanine Level, Terminal 3; and at 9950 W. Lawrence Ave., Suite 219.
June 11th, 2009 at 8:56 pm
Looking at the last couple of post, it seems that the local credit unions have pretty aggressive rates, especially compared to the national averages. I don’t love a $10K minimum like what AA CU has, but if its part of your CD ladder strategy it may be ok (if you have that kind of cash).