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CD interest rates with IH Mississippi Valley Credit Union very competitive, 60-month CD at 4.07% APY

Posted on November 10th, 2009

The IH Mississippi Valley Credit Union invites its members to take advantage of their highest cd rates. The credit union has a very attractive 60-month CD with current cd rates of 4.07% APY.

The following CD rates are also notable:

12 months 2.02% APY
15 months 2.02% APY
18 months 2.12% APY
24 months 2.48% APY
36 months 3.04% APY
These certificates of deposit require an initial funding of $500. Jumbo CDs are also available for $100,000 initial deposit. The jumbo certificates get 25 basis points more and another extra 10 basis points if you also have a checking product with them. These CD’s are also available as an IRA.

The interest rates that we have here are accurate as of October 22 and may be changed any time. Please refer to their rates table to get the latest figures. Like other CD offerings, the earnings may be affected by early withdrawal penalties. These fees are not detailed on their website.

They have an online banking platform but it seems that account opening must be done through a local branch.

Membership to the credit union is open to residents of Quad City and nearby areas. They operate branches in Illinois cities like Rock Island, Moline, East Moline, Prophetstown, and Silvis. They also have Iowa offices in DeWitt, Bettendorf, and Davenport.

Bankrate.com issued 3 stars when they reviewed IH Mississippi Valley Credit Union’s performance using their June 2009 data. The credit union is covered by the NCUA through charter number 60337.

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Tags: Apy, Credit Union, Valley Credit, Valley Credit Union
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