Tuesday, January 23, 2007

Lockheed Federal Credit Union 12, 18, & 24 Month Jumbo Share Certificates, Rates of 5.50% & Above

Lockheed Federal Credit Union is offering high rates on a number of their jumbo share certificates. They are offering 5.50% apy on their 12 & 18 month jumbo share certificates and 5.56% apy on their 24 month jumbo share certificate. The minimum deposit for these certificates is $100,000. To qualify for these rates, you must be eligible for the credit union's Gold Relationship Rewards Tier. This Gold Tier requires the credit union's Checking or Money Market Account and a minimum combined balance of $25,000 in Savings, Checking, Money Market, or loan balances. Those with a Lockheed Federal Credit Union Brokerage account automatically qualify for the Gold Tier. Those with $100,000 in combined balances qualify for the credit union's Platinum Tier and earn a .15% higher rate on these certificates. Other lower rates are available for additional Tiers. See site for details.

Field of membership in Lockheed Federal Credit Union is open to all by virtue of membership in the Achievers Club if you don't otherwise qualify for Lockheed FCU membership. Membership in the Achievers Club costs $5 and you may join through the online Lockheed FCU membership application.

2 Comments:

At 5:56 PM, Blogger Heather Sherman said...

The fine print is that you have to have "gold" relationship status to get that rate -- which means $25,000 in "core" savings and loan balances (note that certificates, sadly, do not count towards your core balance).

If you have platinum status, though, most certificate rates see another .15% bonus. Platinum requires $100,000 in core savings and loan balances.

 
At 9:35 PM, Blogger credituniondeals said...

Thanks Heather. I've added the additional details to my post.

 

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