Stanford Federal Credit Union has an offer on five year certificates of deposit that can be availed by savers across the nation.
The credit union is paying 2.05% APY on CDs for the 60 month term. To earn the rate, you will have to make a deposit of $1,000. Savers have to meet two eligibility criteria to avail the deal – they should be members of the credit union and they should create a checking account.
You will have to make a deposit of $50 to your checking account when you join. A minimum of $500 should be added to the account every month through direct deposit.