6.25% First Northern Credit Union 36 Month Coverdell Education Savings Account Certificate Update
Northern Federal Credit Union is still offering high rates on their Coverdell Education Savings Account(ESA) certificates. I orginally posted on these certificates back in June. They are currently offering 6.25% apy on a 36 month ESA Certificate in addition to other high rates listed below:
Term Rate
12 months 5.70% APY
18 months 5.75% APY
24 months 5.85% APY
36 months 6.25% APY
These certificates can be opened with a minimum deposit of $500.
Field of membership is open to anyone who lives or works in any of the following Illinois counties: Boone, DeKalb, DuPage, Grundy, Kane, Kendall, Lee, McHenry, Ogle, Stephenson, Will and Winnebago.
posted by credituniondeals @ 4:11 PM
2 comments
2 Comments:
What is the difference between a regular or jumbo CD and the Coverdell Education CD? Is it available for any of their members?
There are a number of differences. First Northern currently offers higher rates on their Coverdell Education Savings Account(ESA) Certificates than they do on their regular and jumbo certificates. The minimum deposits are different as well. Most importantly,ESA certificates come with certain additional benefits and restrictions. For more information, the credit union has an ESA FAQ - link
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