Durham, North Carolina based Latino Credit Union has just raised the rate of return on their mid-term certificates of deposit.  The recent interest rate increases make these CD rates some of the best midterm CD rates available in the nation.

Customers of the Latino Credit Union can choose certificates that have fixed rates and maturities that include a six month term, 12 month, 18 month, 24 month, 36 month, 48 month, or 60 month term.  However, the sweet spot for the best CD rates at Latino Credit Union can be found on the six month, 12 month, and 18 month maturities.

The six month CD rate is currently 1.50%
A one year term CD rate is 2.00%
And the 18 month certificate earns 2.05%
Above average interest rates

Account holders not only earn an above average rate of return but get the option to receive e-statements on their accounts, access their account online, and get peace of mind with the knowledge that their accounts are federally insured up to $250,000 by NCUA.

Fees, other conditions or early withdrawal penalties may reduce earnings on an account.  Quoted rates and annual percentage yields (APY) are current as of February 7, 2018 and are subject to change daily at the discretion of the credit union Board of Directors.  Additional terms and conditions may apply.

While Latino Credit Union is based in North Carolina, Latino Credit Union offers membership to anyone who joins the Latino Community Development Center (LCDC) with a one-time $10 fee.  Founded in 2002, LCDC promotes financial literacy and education.

Becoming a member as well as opening a new CD account can be done online or one of the 11 credit union branches located in Carrboro, Charlotte, Durham, Fayetteville, Greensboro, Monroe, Raleigh, and Winston Salem, NC.

Latino Credit Union was founded in 2000 and is headquartered in Durham, North Carolina.  The credit union offers a full range of financial products and services to members from 122
different countries.  Latino Community Credit Union is a not for profit, member-owned, full-service credit union that works to create economic opportunities for all by offering ethical financial products and education.

More information about the credit union and the credit union CD rates in NC can be obtained by calling a Latino Credit Union customer service representative at 919-595-1800.

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