"Open charter" membership - available to anyone. Montauk Credit Union has some attractive CD rates available, including an 18-month term CD with a 2.50% APY rate. They are also offering some other competitive rates, including:
- 2.25% APY CD rate for 12 month term
- 2.50% APY CD rate for 18 month term
- 2.75% APY CD rate for 24 month term
- 3.00% APY CD rate for 36 month term
- 3.50% APY CD rate for 48 month term
- 3.75% APY CD rate for 60 month term
- 4.25% APY CD rate for 84 month term
Here are some other important details to consider when opening a CD with Montauk CU:
- Anyone can become a charter member
- Rates are subject to change without notice
Montauk CU has a fair financial safety rating according to BauerFinancial. Learn more about the history of Montauk CU today.
***For more of the best CD rates, visit Go Banking Rates daily.***
Current Montauk Credit Union CD Rates
- 6 Month CD Rate - Montauk Credit Union
- 12 Month CD Rate - Montauk Credit Union
- 2 Year / 24 Month CD Rate - Montauk Credit Union
Other Montauk Credit Union Rates
Other Terms and Conditions may apply to this offer - please contact the financial institution to review.
I opened a C.D. here in Feb of 2008 -- my first C.D I've ever opened. I received a letter in the mail that my C.D. was up for review and that I needed to either roll it over or redeem it. There was no deadline for this action.
I spoke with someone over the phone who told me how I could redeem, but again no deadline. I sent in the form about a month later.
She then calls to tell me the "told me over the phone that there was a deadline" -- an outright lie and that I will have to pay the penalty of $21, about 1/t6 of my entire yearly gains. When i called to complain, this woman then hung up the phone on me.
I spoke with the manager, who at least had decent manners, but still they won't give me my money back. I feel pretty taken advantage of and would not recommend putting any of your funds here.