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.
CD Rates up to 4.50% at South Division Credit Union
South Division Credit Union has a number of competitive CD rates in our current environment:
- 5-year CD: 4.50% APY
- 4-year CD: 4.35% APY
- 3-year CD: 4.25% APY
- 2-year CD: 4.00% APY
The best thing about these rates is the minimum: only $1000. Even better, the IRA versions of these CDs only have a $500 minimum. SDCU also has a one-year IRA Rollover CD that’s earning 5.00% APY, but that CD does require a $50,000 minimum.
South Division Credit Union does not seem to list their field of membership on their webpage — I’ll try to get some more information about that. South Division CU has seven locations: Four in Chicago, two in Evergreen Park, and one in Midlothian.