I was researching interest rates online and came across DFCU.
They currently have a seven-month special CD rate of 5.15 APY, which is a pretty good rate for seven months.
So, I stopped into the local branch which wasn't busy at all. Only one teller was there who took my name and said an associate will be with me shortly. There was only one associate and she was assisting a customer, so I took a seat and thumbed through a magazine.
The associate who assisted me answered all my questions and was very helpful.
For me, working with a financial institution headquartered in another state (Michigan) makes me leary. The Ford Credit Union became DFCU, as was explained to me. And savings are federally insured by the NCUA up to $250,000, so there's that.
Hopefully, they'll still be here locally at the end of the year. I'll do an update review then. read more