5.75% Coreplus Federal Credit Union 36 Month Variable Share Certificate Rate Update

CorePlus Federal Credit Union continues to offer a 36 month variable rate certificate with a yield of 5.75% apy. I originally posted on this certificate last August. The rate for this certificate is determined by the Prime Rate minus 2.50% as reported in the Eastern Edition of the Wall Street Journal five days prior to the end of each month. Rates are subject to change on the first of every month. The rate on this account will not drop below 3% or rise above 8%.

Field of membership for CorePlus Credit Union includes those "who live, work, worship, or attend school in and businesses and other legal entities located in New London County or Windham County, Connecticut" as well as those "who reside in the Town of Hebron, Connecticut, employees of the Town of Bolton, Connecticut".