F&A Federal Credit Union , is offering 1.16% APY on CDs for the 12 month term.
It will also pay 1.36% APY on 2-year CDs, 1.61% APY on 3-year CDs and 2.12% APY on 5-year CDs wtih a $1,000 minimum deposit. On the other hand, First Bexley Bank pays 2% on 5-year CDs with a $500 minimum deposit. MECU pays 1.90% APY on its 5-year CD. This certificate of deposit allows for two chances to bump up rates if interest rates increase during the term.
