Read Our Review A looong arrow, pointing right Credit Union One of Oklahoma is only the second institution to break 6%, but it's not unlikely that more bank and credit unions will follow. In recent months, 5% has become the new normal for CDs. Interest rates on savings products like CDs and high-yield savings accounts have been steadily increasing over the last couple of years. Even so, Old Point National Bank's promotional rate has now expired. Until now, Old Point National Bank in Virginia had claimed the title of the highest CD rate, offering 6.02% on a 6-month CD. Credit Union One of Oklahoma has a $2,500 minimum requirement for opening this certificate. A share certificate is what credit unions call a certificate of deposit, or CD. More CD rates are surpassing 6% interest.Ĭredit Union One of Oklahoma, an institution that serves the greater Oklahoma City area, is offering a 6-month share certificate with an interest rate of 6.167% APY (Annual Percentage Yield). By clicking ‘Sign up’, you agree to receive marketing emails from InsiderĪs well as other partner offers and accept our
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