Best CD Rates from Security Service Federal Credit Union - By: Noah L Diaz

In was in 1956 that Security Service Federal Credit Union threw open its doors with eight members and $25 in deposits. The credit union was founded as a not-for-profit, member-owned financial cooperative to serve the fiscal needs of the members of the U.S. Air Force Security Service Command and their families. The credit union has expanded to include not only military members but a large and diverse number of members from companies, organizations and geographic areas throughout the southwestern United States in its field of membership. Security Service is the eighth largest credit union in the country, serving more than 840,000 members worldwide.

This Security Service Federal Credit Union CD rates update is a service from Highest CD Rates. Since our last visit in October, the Security Service Federal Credit Union certificate of deposit rates have seen a decline in the amount they return to their members. The amount of reduction in the APY is from 0.05% to 0.45%.

The SSFCU CD rates are set up in a tiered format so the more you invest the greater your return. The minimum levels of deposit include $500, $25,000, $50,000 and $100,000.

The current CD rates include the 3 month CD that is earning an APY of 0.25%, 0.30%, 0.35% and 0.40% respectively. The 6 month CD is earning an APY of 0.50%, 0.55%, 0.60% and 0.65%.

The 1 year CD is earning an APY of 0.80%, 0.85%, 0.90% and 0.95%. The 2 year CD is earning an APY of 1.05%, 1.10%, 1.15% and 1.20%.

The 3 year CD is earning an APY of 1.55%, 1.60%, 1.65% and 1.70%. The 5 year CD is earning an APY of 2.70%, 2.75%, 2.80% and 2.85%.

The best CD rates are on the 7 year CD that is presently earning an APY of 2.70%, 2.75%, 2.80% and 2.85%.

There is also a lower deposit account called the 1 year Future Builder CD. This CD has a minimum deposit amount of $250 and is earning an APY of 0.65%. It is also available for the upper three deposit levels of the tiered section above which are earning an APY of 0.70% 0.75% and 0.80%.

Headquartered in San Antonio, the credit union has 36 locations in Texas, 19 in Colorado and 14 in Utah. Service areas in the Central Region include Central Texas, the Rio Grande Valley and the Coastal Bend. Mountain Region service areas include El Paso, Pueblo, Colorado Springs, Denver, Aurora, Fountain, and Northern Colorado. The credit union’s newest market is Utah, with locations in Salt Lake City, Provo, Riverton, Sandy, South Jordan, St. George, Orem, Pleasant Grove, Springville, American Fork, and Payson.

These are the Security Service Federal CD rates as posted on January 5, 2012 but are subject to change without notice.

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