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Melrose interest

July 6th, 2011 at 09:03 pm

We opened a large certificate of deposit at Melrose credit union in New York, on March 1st. They pay interest every quarter and were paying 2.9% interest on a 5 year c.d. WE got our interest added this week and it was $1449.70 for the quarter. I don't add that interest to my challenge money, but it was nice to see the balance go up.
The rate is 2.8 per cent now, but I may open another c.d. when the spec house sells.

2 Responses to “Melrose interest”

  1. SicilyYoder Says:
    1310173549

    When is the couple buying the spec home? 2.8 % is good right now.

  2. Ima saver Says:
    1310422475

    WE are suppose to close the end of the month or the 1st of august.

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