Melrose Credit Union is unique in several ways. Below are some of the key elements to it’s profitability and high rates. No Membership Requirements First it has an open charter which means US residents in any state can become members without the usual need of belonging to a certain group. Unusual Profitability Due to Taxi License Loans Second, Melrose Credit Union is unusually profitable because it makes loans to prospective New York cab drivers. Each cab in New York requires a … [Read more...]
Valentine’s Day CD Offer
Thanks to Darryl (a RateCatcher.com reader), today we’ll review a Valentines Day CD special. From now until midnight on Valentine’s Day, you can score sweet gifts by opening a CD at GiftsforBanking.com In order to get the Valentine’s iPad/Camera Bundle, you need to open either a 2 year CD with a minimum of $50k or a 3 year CD with at least $25k. The bundle includes: Nikon Coolpix® L22 Camera (red) 32GB Apple® iPad f?l Brooklyn 2-in-1 iPad Backpack $25 … [Read more...]