A credit Union that will offer 4% to 7% interest on Certificates of deposit to its customers. Hoping to charter as a bank in the future.
Stage
Concept Only
Industry
Financial Services
Location
Ridgefield, CT, USA
Currency
USD
Company Summary
My company will start as a credit union, and offer certificates of deposits only for the first 2 years.My company will offer customers an interest rate between 4% to 6% on 2 to 3 year cd s. (per year). In today s banking environment, the interest rate offered is between 1 1/2% to 2% if you are lucky. My customers will be anyone who will demand a high interest on certificates of deposit .