CD Rates

Keypoint Federal Credit Union 2 Year CD Rates

As consumers look to move money to yet smaller banks and credit unions, investors are also looking at getting better rates with the smaller banks. Keypoint Credit Union is one of those financial institutions you might want to consider. Here is some of the latest info on their rates.

As of October 21st 2011, Keypoint is offering a 2 year CD rate at a whopping 1.51% APY. While that might seem low, for this 2011 economy that’s actually not too bad. You may remember just a few years back when bank rates were as high as 5 and 6 percent. Those days are over for now until the economy can bounce back, which by the looks of it is a far ways off. So stick with what you have to work with for now right?

So here’s a little basic info on Keypoint Credit Union, and how you can go about getting the rate. The minimum on this deal is only a $500 deposit. Withdrawing from this CD is subject to penalties as is about any certificate of deposit out there. Locations of this credit union if you are not familiar with it is in and around the Baton Rouge Louisiana area.

If you are already affiliated with a larger bank you might want to check out this financial institution as they are very reasonable on loan rates and have a history of high deposit rates.

For further information about opening an account with Keypoint, it would be best for you to contact them directly and inquire about what restrictions might apply if you are not local to the area as well. This rate is known to be good on October 23rd 2011. Please understand this info can become outdated. Please double check with this bank or credit union about their current rates.