Melrose Credit Union Offering 5 Year CD Rates at 3.25%

There is a new leader for the the 5 year CD and it’s Melrose Credit Union at 3.25% APR. Melrose is a credit union as I’m sure you have figured out by now but it has open enrollment for anyone in the United States.

For a 1.00 dollar membership fee and a minimum 25.00 dollar deposit you can open a savings account. This will make you eligible for the the 5 year CD. Melrose is located in Queens, N.Y but you can open an account online and manage it from there as well.

If you’re ready for a CD investment of this length then Melrose Credit Union is as good as it gets for now.