4.50% 12-Month CD at AllSouth Credit Union in South Carolina read and submit comments for this post

AllSouth Credit Union is offering a special 12-month certificate with a yield of 4.50% APY. Minimum deposit is $1,000. The offer is listed on the credit union's home page. The offer states that the rate is subject to change every Tuesday morning.

Membership is open to anyone who lives, works, worships or attends school in Richland, Lexington, Newberry, Saluda, Fairfield, Sumter, Kershaw or Calhoun Counties. Please refer to the credit union's Who Can Join Page for more details.

Branches are located in the South Carolina cities of Columbia, Cayce, Irmo, Lexington, Newberry, Saluda, Camden, Sumter, Batesburg and Winnsboro.

Allsouth Credit Union has the highest financial ratings for soundness: 5 stars (superior) at BauerFinancial and 5 stars (superior) at Bankrate.com. Both ratings are based on 6/30/08 data. The credit union is federally insured by the NCUA (Charter # 13828).

Other High Certificate of Deposit Rates

This rate matches the CD rate being offered by Delta Community Credit Union. Unlike AllSouth, Delta Community makes it easy to qualify via an association membership (see post). Another one like this is Credit Union of Georgia which is offering a 4.59% APY 15-month special certificate (see post).

For online banks, GMAC and E-LOAN are both offering 4.36% APY on their 12-month CDs. For more info on these and other nationwide CD rates, please refer to my weekly rate summary. To keep up-to-date on the latest deals for the day, please refer to my Deals & News of the Day.