If you’re a fan of credit unions and are looking for long-term or short-term CD rates, I’ve found Belvoir Federal Credit Union who is currently offering some great competitive rates.

Here are the rates as of 2/5/09 –

• 6 months:  2.42% APY
• 12 months:  2.75% APY
• 18 months:  2.90% APY
• 24 months:  3.00% APY
• 30 months:  3.30% APY
• 36 months:  3.56% APY
• 48 months:  3.75% APY
• 60 months:  3.95% APY

All CDs require a minimum deposit of at least $1,000.  Since this is a credit union, all deposits are insured by the NCUA.  Belvoir Federal Credit Union currently holds a 3 star / 5 star Bankrate.com safe and sound rating.

For more information these rates, visit BelvoirFCU.org or call 1.888.50.FBFCU.

If you’re in the hunt of a high interest checking account that yields a high interest rate, you may want to check out First New England’s Federal Credit Union.    You’ll receive a 5.15% APY on balances up to $25,000.

• There is NO minimum balance.
• ATM fee refunds. (refunds up to $25)
• No maintenance fees.

Here are the requirements for the checking account –

• Make 12 cleared debt car transactions with your rewards checking account.
• Set up one direct deposit or ACH auto debit to your high interest checking.
• Enroll in eServices with your checking account.

If your balance does go over $25,000, the rate is at 2.50% APY as of 1/26/09.  If you do not meet the requirements, your rate will drop to a .10% APY.  This is why it’s important to read the requirements on the website.  The interest rate may change at any time.

For more information, visit FirstNewEngland.org.

NOTE:  Open to MA residents only.  You may be eligble though if you live outside of MA.

Thanks to John for pointing this one out via e-mail.

Right now, Energy Credit Union is offering a 1 year, 4.07% APY CD Rate.  Act fast because once it spreads to the Internet, it’s going to go fast.

The website says the rates are effective as of October 22, 2008.

Here are some of the details regarding the bank –

• NCUA Insured.
• Requires a $1,000 minimum to open.
• Bankrate.com 4 /5 star rating.

If this sounds like something you’re interested in, visit EnergyCreditUnion.org for more information on rates and how you can open up an account today.

From January 1st - January 31, 2009m, Western Federal Credit Union is offering a special 13 month, 4.05% APY CD.  This offer is available to anyone online or in the area that can attend a local branch.

$1,000 minimum required to open one up.

NCUA insured.  (up to $250,000 insured by the NCUA, government agency)

Must open by Jan. 31, 2009.

This is a little snippet from their website –

* The Annual Percentage Yield (APY) quoted assumes dividends remain in the account until maturity. Penalty for early withdrawal. Not valid with any other promotional offer. Rate is subject to change without notice. Offer valid from January 1 - January 31, 2009.

If you want more information or you want to open an account up, visit Western.org.

Thanks to Mark for e-mailing me this!

Navy Federal Credit Union is offering a 6 month, 4.00% APY CD.  A $10,000 minimum deposit is required.

From what I’ve found online, this is the best 6 month CD rate on the market.  On the main website, I usually don’t post credit union rates but if a great rate passes me by, I’ll post it here on the blog.

Navy Federal Credit Union has been offering this rate since Oct. 17, 2008 and is subject to change.   This CD is insured by the NCU (National Credit Union Administration) up to $250,000.

For more information, visit NavyFCU.com.