Most investors know that certificate of deposit accounts often earn more interest than other savings accounts. If you would like to join others in earning high rates on your investment, Schools Financial Credit Union can help. They are currently offering an almost unheard of 7% APY on CD accounts. This savings account interest rate won’t last forever and shouldn’t be missed.
Take note of the following requirements to earn this top savings account interest rate:
- The 7% APY savings account interest rate applies to the first $500 deposit amount
- The 7% APY savings account interest rate does not compound on balances over $500
- Balances exceeding $500 will earn a .25% APY
- Customers must sign up for either e-statements, a free checking account, direct deposit or bill pay to qualify for savings account interest rate
- Membership to the Schools Financial Credit Union is required to qualify to the savings account interest rate
- NCUA insured
Schools Financial Credit Union is based in Sacramento, California and also has 12 additional full service branches. The financial institution serves more than 113,000 members with $1.2 billion in assets.
Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.
