3% 5 year CD with rate jump
Utah First Federal Credit Union is now offering a 3% 5 year CD with the right to request a change to the prevailing rates (assuming they go up) once within the five year period. And they still only have a six month early termination penalty. This seems like a pretty good deal to me. DH bought one today and I was able to confirm these terms in writing on the paperwork, even though I can't seem to find it anywhere on the web site.
I did also notice that Northwest FCU is now offering 3.15%, or 3.41% if you are a member of their club. I haven't researched exactly what the details of that are, but I did notice their early term penalty was a full year, so I'd probably pass on that one.
But it is nice to see rates going up again, finally.
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