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☆ Some credit unions are offering CDs of 9% APY or more before an anticipated Fed rate cut
  + stars: | 2024-08-05 | by ( Kit Pulliam | Sophia Acevedo | Personal Finance Insider Editorial Fellow | ) www.businessinsider.com   time to read: +7 min
Two credit unions are offering CDs with at least 9% APY, which is much higher than normal. There are currently not one, but two credit unions offering CDs with at least 9% annual percentage rate, or APY: California Coast Credit Union and Express Credit Union. Since both of these financial institutions are credit unions, you'll need to be eligible for membership to open any accounts with them. You'll also be able to become a member of Express Credit Union if an immediate family member is already a member of that credit union. California Coast Credit Union offers the California Coast Credit Union Celebration Certificate, which lasts for five months and gives 9.50% APY.
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