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expiredswami.ganapathi posted Oct 4, 2023 2:56 AM

Truliant Federal Credit Union: 11-Month Certificate of Deposit (CD)

6.25% APY

w/ $5000 Min. Deposit (Valid in NC, SC, VA, GA, TN)
72.1K Views
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Deal Details
Truliant Federal Credit Union is offering 11-Month Certificate of Deposit (CD) at 6.25% APY with $5000 Minimum Deposit.

Thanks to community member swami.ganapathi for sharing this deal.

Note, to join this credit union you must live, work, worship or attend school in a county near one of its branches (located in the following states: NC, SC, VA, GA, TN). You may also work for one of its business partners (listed when you apply for membership).

Editor's Notes

Written by qwikwit | Staff
  • Offer Terms:
    • Limited-time offer. Penalty for early withdrawal. Special requires a minimum deposit of $5,000 and entire balance must come from funds not currently on deposit at Truliant. Funds will roll over into a 12-month regular certificate upon maturity. Not available for business certificates.

Original Post

Written by swami.ganapathi
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
Truliant Federal Credit Union is offering 11-Month Certificate of Deposit (CD) at 6.25% APY with $5000 Minimum Deposit.

Thanks to community member swami.ganapathi for sharing this deal.

Note, to join this credit union you must live, work, worship or attend school in a county near one of its branches (located in the following states: NC, SC, VA, GA, TN). You may also work for one of its business partners (listed when you apply for membership).

Editor's Notes

Written by qwikwit | Staff
  • Offer Terms:
    • Limited-time offer. Penalty for early withdrawal. Special requires a minimum deposit of $5,000 and entire balance must come from funds not currently on deposit at Truliant. Funds will roll over into a 12-month regular certificate upon maturity. Not available for business certificates.

Original Post

Written by swami.ganapathi

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119 Comments

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Oct 5, 2023 6:10 PM
1.3K Comments
Joined May 2018
Oil_BurnerOct 5, 2023 6:10 PM
1.3K Comments
Quote from ummmreally :
Wish I had a million dollars to spare for a year. That's more than people's yearly earnings
Dreams don't add to the comment count :-)
1
Oct 5, 2023 6:28 PM
880 Comments
Joined May 2020
DanRunsNYCOct 5, 2023 6:28 PM
880 Comments
Quote from YanksIn2009 :
17 and 26 week T-Bills are at about 5.5% and likely headed somewhat higher. Until we reach the point where rates start to decline (not likely anytime soon imo), there is no reason to chase long term I-bonds or CDs imo. I-bonds time has passed since they are not returning as much as T-bills (or money markets at this point). If you don't need the liquidity, buying 17 or 26 week T-bills (which are state and local tax free if you live in a state with an income tax) are the better investment. Set up a T-bill ladder and auto renewals and you can just sit back and let them make money for you risk free until such time as you see interest rates about to fall and then you look to lock in some longer term CDs.

My 2 cents.
Exactly my approach..Been putting any maturing CDs into T-bills at varying weeks and rolling them. What better way to make money off of our crumbling society and it's apparently crumbling better than ever.
1
Oct 5, 2023 6:58 PM
6.4K Comments
Joined Oct 2010
YanksIn2009Oct 5, 2023 6:58 PM
6.4K Comments
Quote from DanRunsNYC :
Exactly my approach..Been putting any maturing CDs into T-bills at varying weeks and rolling them. What better way to make money off of our crumbling society and it's apparently crumbling better than ever.

Yup. With rates going up, the stock market more or less flat to garbage the past 2 years, why deal with any of the risk when you can make 5.5%+ totally risk free? And it is not like real estate is great either with rates and prices as high a they are. At some point, the real estate bubble is going to burst imo.
Oct 5, 2023 8:41 PM
612 Comments
Joined Sep 2010
unami218Oct 5, 2023 8:41 PM
612 Comments
worship near one of its branches?

šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚ šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚ šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚ šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚ šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚ šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚ šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚
3
Oct 5, 2023 8:43 PM
612 Comments
Joined Sep 2010
unami218Oct 5, 2023 8:43 PM
612 Comments
Quote from publicpersona :
I did three 11-month CDs at 6.25% recently with them as a new member and it all went fairly smoothly (almost). I'm still not sure what their membership criteria is, but I'm in NC and one qualification is resident of NC or surrounding states. I believe they have a membership in American Consumer Council criterion as well.

The only snag I had was I was initially rejected because of "info supplied by Chex". So yes, my Chex is frozen and has been for many years and that's never stopped me from opening bank accounts. But I temporarily lifted Chex freeze and reapplied successfully.
Chex............mix? šŸ¤”
1
Oct 5, 2023 8:50 PM
225 Comments
Joined May 2012
tihomirbgOct 5, 2023 8:50 PM
225 Comments
Quote from YanksIn2009 :
Yup. With rates going up, the stock market more or less flat to garbage the past 2 years, why deal with any of the risk when you can make 5.5%+ totally risk free? And it is not like real estate is great either with rates and prices as high a they are. At some point, the real estate bubble is going to burst imo.
Lets say you have 30K in savings account paying 4.65%. Would you put this in 52 week T-bills? And when would you cash out? That's when you pay federal tax?
Oct 5, 2023 9:00 PM
1.1K Comments
Joined Apr 2017
publicpersonaOct 5, 2023 9:00 PM
1.1K Comments
Quote from unami218 :
Chex............mix? šŸ¤”
ChexSystems is similar to a credit reporting agency except their focus is on bank accounts. A bank may decline you as a customer if you've opened a bunch of accounts for a few months and then abandoned them. Or if you've bounced checks frequently. That sort of thing.

The odd thing is that I've opened many bank accounts (savings, CDs) since freezing my Chex in 2017, and this was the first time I've had an issue.

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Oct 6, 2023 12:36 AM
555 Comments
Joined Dec 2013
taehoyaOct 6, 2023 12:36 AM
555 Comments
great rate and I'm lucky to be in one of the eligible states. signing up to this one. thanks op.
Oct 6, 2023 12:45 AM
3.8K Comments
Joined Aug 2005
labboyproOct 6, 2023 12:45 AM
3.8K Comments
Quote from tihomirbg :
Lets say you have 30K in savings account paying 4.65%. Would you put this in 52 week T-bills? And when would you cash out? That's when you pay federal tax?
4 week T-bills were at 5.29% yesterday. That's already better than your savings rate, with only minimally reduced liquidity. Ladder your 30k in weekly auctions and you've opened up your partial liquidity quite a bit. Cash out when you want your money to do something else.

Federal taxes are due by April 15th for most people; and different dates for those subject to quarterly estimated tax payments.
Oct 6, 2023 5:26 AM
620 Comments
Joined Jan 2018
GhostNoteSymphoniesOct 6, 2023 5:26 AM
620 Comments
How can I prove that I worship in one of these states? Anyone know if a registry you can join for proof?
Oct 6, 2023 5:52 AM
3.3K Comments
Joined Aug 2014
shark974Oct 6, 2023 5:52 AM
3.3K Comments
Quote from nd4spdbh :
Yup, definitely a great time to put money into a small super regional financial institution at a rate quite a bit higher than most.

you know the govt literally insures every cent of every bank at every institution in america right? the svb or whatever bailout proved what anyone with a brain knew, the fdic 250k limit is a joke

"In a joint statement Sunday, Treasury Secretary Janet Yellen, Federal Reserve Chair Jerome Powell and Federal Deposit Insurance Corporation Chairman Martin J. Gruenberg said the FDIC will make SVB and Signature's customers whole. By guaranteeing all deposits – even the uninsured money that customers kept with the failed banks – the government aimed to prevent more bank runs and to help companies that deposited large sums with the banks to continue to make payroll and fund their operations."
2
Oct 6, 2023 5:56 AM
3.3K Comments
Joined Aug 2014
shark974Oct 6, 2023 5:56 AM
3.3K Comments
Quote from DanRunsNYC :
Exactly my approach..Been putting any maturing CDs into T-bills at varying weeks and rolling them. What better way to make money off of our crumbling society and it's apparently crumbling better than ever.

Awesome your buying power is only losing 7% annually instead of 12% LMAO

buy real estate, gold and/or stocks.
1
Oct 6, 2023 7:07 AM
6.4K Comments
Joined Oct 2010
YanksIn2009Oct 6, 2023 7:07 AM
6.4K Comments
Quote from tihomirbg :
Lets say you have 30K in savings account paying 4.65%. Would you put this in 52 week T-bills? And when would you cash out? That's when you pay federal tax?

No reason to do 52 week t-bills unless you think rates are going down (which is not likely anytime soon imo...currently they are guessing sometime in 2024) Take the higher yield of the 17 or 26 week t-bills (the 52 is returning less). They are also easier to ladder on a monthly\weekly basis giving you the upside as rates go up and better liquidity. You lock in the longer term when you think rates are about to\start edging down imo.

Tax is paid on annual interest earnings that occur when a t-bill matures.
Oct 6, 2023 12:14 PM
7.1K Comments
Joined Sep 2009
zzyzzxOct 6, 2023 12:14 PM
7.1K Comments
Quote from Weltweit :
I prefer liquidity with high yield savings accounts.
Short term TBill CD ladder with Tbills expiring every week (or month, if you can wait and want less hassle).

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Oct 6, 2023 12:14 PM
315 Comments
Joined Sep 2012
BondTraderOct 6, 2023 12:14 PM
315 Comments
Quote from Weltweit :
I prefer liquidity with high yield savings accounts.
Wait until you find out about T-Bills.

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