5.50% MIT Federal Credit Union 12 Month Jumbo IRA Share Certificate

MIT Federal Credit Union(MITFCU) is offering 5.50% apy on an 12 month jumbo IRA share certificate. The minimum deposit for this rate is $50,000. Regular 12 month certificates are also available with a yield of 5.25% apy and minimum deposit requirement of $500. To qualify for these rates you must have an active MIT Federal Credit Union checking account with direct deposit of your net pay, pension, or social security into a MITFCU account. Other rates and terms are available. See site for details.

Field of membership in MIT Federal Credit Union includes employees of MIT who work in or are paid from Cambridge or Lexington, Massachusetts as well as current students at MIT. Members of other certain select employer oganizations are also eligible for membership. See site for details.