Melrose Credit Union‘s rate on 60 and 36 month certificates of deposit dropped yesterday. On CDs for 36 months, it is now paying 1.76% APY.
The rate can be earned on a deposit of at least $5,000. The same minimum deposit amount can bring in 2.17% APY on CDs for 60 months.
The credit union has retained its rates on two of its CDs – for 12 and 24 months. On the former, the credit union pays 1.10% APY and on the latter, 1.36% APY.