Suncoast Schools Federal Credit Union CD Rates July 2011 Update
Today the people at Highest CD Rates are visiting the Suncoast Schools Federal Credit Union CD rate. This is a financial institution form the sunny state of Florida. The Florida counties where a person can become a member include Charlotte, Citrus, Collier, Desoto, Glades, Hardee, Hendry, Hernando, Hillsborough, Lee, Levy, Manatee, Pasco, Pinellas and Sumter.
To obtain the Suncoast Schools Federal Credit Union certificate of deposit rates a deposit of $500 must be made. These rates are valid for both the traditional CDs and the IRA CDs.
The current CD rates include the 6 month CD that is earning an APY of 0.30%. The 1 year CD is earning an APY of 0.50%. The 18 month CD is earning an APY of 0.70%.
The 2 year CD is earning an APY of 0.90%. The 3 year CD is earning an APY of 1.30%.The 4 year CD is earning an APY of 1.50%.
The best CD rates are from the 5 year CD that is earning an APY of 1.60%.
The interest for these CDs is compounded on a daily basis but not credited to the accounts until the end of each month. All of the CDs are of a fixed rate that will last for the full term of the investment.
On their website the CDs are referred to as shared certificates. This is common for credit unions.
The Suncoast Schools CD rates were accurate as of July 15, 2011 but are subject to change without notice.