Monday, September 17, 2007

5.75% MIT Federal Credit Union 18 Month Jumbo Share Certificate & 5.50% 12 Month IRA Jumbo Share Certificate Specials

MIT Federal Credit Union(MITFCU) is offering two share certificate specials. The first is a 5.75% apy 18 month jumbo share certificate. The minimum deposit requirement for this rate is $50,000. Regular 18 month share certificates are also available with a yield of 5.50% apy and minimum deposit requirement of $500.

The second special is a 5.50% apy 12 month jumbo IRA share certificate with a minimum deposit requirement of $50,000. Regular 12 month IRA share certificates with a yield of 5.25% apy are also available with a 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.

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