Stanford Federal Credit Union Paying 2.05% APY on 60 Month CDs

Stanford Federal Credit Union has an offer on five year certificates of deposit that can be availed by savers across the nation.

The credit union is paying 2.05% APY on CDs for the 60 month term. To earn the rate, you will have to make a deposit of $1,000. Savers have to meet two eligibility criteria to avail the deal – they should be members of the credit union and they should create a checking account.

You will have to make a deposit of $50 to your checking account when you join. A minimum of $500 should be added to the account every month through direct deposit.