RYE, N.Y. — USALLIANCE Financial Credit Union is offering annual percentage yields of more than 5% on two certificate accounts as the credit union marks its 60th anniversary, according to an announcement from the institution.
The credit union said its 18-month certificate offers a 5.05% APY, while its 12-month certificate offers a 5.00% APY. USALLIANCE described both rates as the highest in the country for their respective terms, a claim that was not independently verified.
The promotional rates became available Oct. 26 to eligible new and existing members nationwide, USALLIANCE said.
The Offers
The certificate offers include:
- An 18-month certificate with a 5.05% APY.
- A 12-month certificate with a 5.00% APY.
- A minimum opening deposit of $500.
- Dividends compounded daily and credited monthly.
- Federal share insurance through the National Credit Union Administration, subject to applicable coverage limits, generally $250,000 per depositor in the relevant ownership category.
- A Simple Idea
“Sixty years ago, this organization was built on a simple idea: putting our members first,” President and CEO Brett J. Wheeler said in the announcement. “Offering one of the best certificates in the country continues to deliver on our commitment in this milestone year and into our seventh decade.”
