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Credit Unions Offer Higher CD Rates

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If you’re looking for a high yield CD rate, Credit Unions oftentimes have rates higher than regular CDs. Bankrate.com surveys show that the average CD rate at a credit union is more than 1.5% higher than that of a regular bank.

What exactly is a credit union? Credit unions are cooperative financial institutions that are owned and controlled by the people that utilize it’s services. Credit unions usually serve a group of people with something...

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Mark Wu is the author of this article. Make money sharing articles like this at http://www.viral-money-machine.com.

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