State Employees Credit Union Savings Rates: Highest Savings APY 2.28%

State Employees Credit Union of North Carolina is offering some of the best savings rates available right now. State Employees Credit Union's highest savings rate is on their Individual Retirement Account (IRA) and their Coverdell Education Savings Account (CESA).

The current savings rate is 2.25% with a savings yield of 2.28%. This rate is about 10 times the current national average savings rate of 0.22% as reported by

Of course membership at SECU isn't open to everyone. The eligibility requires can be found here: SECU Membership.

If you don't meet the requirements you can search our rate tables for the highest Savings rates here: Highest Savings Rates.

The second highest savings rate at SECU is on their Health Savings Account (HSA). Current HSA rates are at 2.00% with a yield of 2.02%, which is more than 9 times the national average.

Regular share savings rates at SECU are almost 6 times the national average. Current share savings rates are at 1.25% with a savings yield of 1.26%. Holiday Club, FAT CAT Share, Z-Club accounts also have a rate of 1.25% and a yield of 1.26%.

SECU also offers their Bridge Share account which is variable rate account, subject to change quarterly based on the S&P 500® index from the previous quarter. Maximum rate on this account is 12.00% APR / 12.55% APY.

If you're interested in certificates at SECU the credit union is also offering some of the highest CD rates right now. Current 6 month CD rates and yields are at 1.25%.
Author: Lisa Graham
July 19th, 2011
Posted in: Savings Accounts