Layout:
Home > Melrose credit union

Melrose credit union

February 26th, 2011 at 08:59 pm

Well, in the last 3 months, I have cashed in all 5 of my c.d.'s. I can't find any place that is paying a decent interest rate, so I have decided to send part of that money to the Melrose credit union in New York state. They are offering a c.d. paying 2.9%. I have never invested in a c.d. for more than one year before, but I have a feeling that rates are not going to go up for a while.
I mailed a check off to them this morning and I will report back and let you know what happens.

I have 5 ones to add to the challenge.

Prev. total $3301.00
today 5.00
new total $3306.00

ps. the cd is for 5 years, so that is kind of scary!

2 Responses to “Melrose credit union”

  1. rob62521 Says:
    1298757882

    Ima, they keep saying the recession is over, but we aren't seeing it here. Our interest rates are the pits too!

  2. CB in the City Says:
    1298815626

    You are so good about seeking out good interest rates!

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]