Point Breeze Credit Union Offers Highest Short Term Yield Rate in Baltimore

Point Breeze Credit Union announces it will offer a special, limited-time Certificate of Deposit (CD) with a 13 month term, 1.00% annual percentage rate and 1.0045% annual percentage yield. The extraordinary 1.00% APY CD rate is significantly higher than local market yields currently at less than .50% APY. The special short-term rate is available to both existing and new members. Individuals who work, worship, volunteer or belong to an organization located within 20 miles of any Point Breeze office, and their immediate family members, are eligible to join. 

Point Breeze’s CD offer gives members a steady tool to reach their savings goals with guaranteed returns if held to term. The 1.00% APY CD requires only a $500 minimum opening deposit per member, and is capped at a $100,000 maximum deposit per member.

The Baltimore-area credit union is offering the superior rate as a way of thanking loyal members, as well as extending the savings opportunity to all new members. The rate is noteworthy due to its short maturity date, above market average yield and low minimum investment. The short-term commitment enables members to access and reinvest their savings after 13 months. 

Point Breeze has locations in Hunt Valley, Rosedale and Bel Air. The offer is for a limited time. Additional terms and conditions apply.*

*APY=Annual Percentage Yield. APR=Annual Percentage Rate. Limit one CD per member. Must be a member in good standing. Minimum opening deposit is $500. Maximum is $100,000. CD will automatically renew at the posted 12 month Standard CD rate upon completion of the 13 month special offer period. Dividends are compounded and credited monthly. If the CD is closed before the accrued dividends are credited, accrued dividends will be paid. Early withdrawal penalties will apply. Limited time offer. Point Breeze Credit Union reserves the right to terminate this special offer at any time without prior notice. Deposits are federally insured up to $250,000 by the National Credit Union Administration.

About Point Breeze Credit Union

Point Breeze Credit Union is a member-owned, not-for-profit financial cooperative. Currently, we are one of the largest credit unions in Maryland, with offices located in Hunt Valley, Rosedale and Bel Air. Point Breeze serves more than 500 Employer Groups and over 49,000 members in the Greater Baltimore area, with total assets exceeding $735 million. Our mission is to provide a superior financial experience for our members. We are people helping people achieve their goals and, as neighbors, we believe that a prosperous community benefits all. Point Breeze offers checking, savings and personal and business loan services. Federally Insured by NCUA. Equal Housing Lender. For more information, please visit www.pbcu.com.