pattyb53, like most posters here I feel a responsibility to avoid misleading others. I have done my best in that regard.
All I can do now is wish you every possible success with the course you have chosen. I hope things work out for you exactly as you wish. Good luck.
Thatās all automated, typically thru a third party vendor. But itās pretty certain that somewhere in the terms you agreed to, you āconfirmedā that you met their eligibility criteria, or atleast were alerted to the possibility they may request verification of your eligibility. If/when that happens, anything thatās been opened will be unopened.
That said, thereās no harm in trying. So good luck! Especially when you are waiting a full month before moving any significant funds there, thereās really nothing to lose. But I wouldnāt count on the promo lasting until the end of the year, either.
glitch99, Thanks for your commentā¦ I would agree that they might like to end this promo before the end of the year. But, the promotion states that this special will be offered through December 31, 2018.
Also I can state that the offer has been eliminated on their Pathways FCU site. But when I log into my account, I can open the 40-Month CD (4%) within the account. I guess that will make the deal good until 12/31/18.
As you state there is no harm in trying. I will remit my money for the CD the middle of December. By that time I will have a clear view of the validity of this promo.
Discover 12-month now at 2.60%.
If you are currently holding an Ally no penalty CD the rate rose from 2.10% to 2.20%. Time to cancel/reissue. For those doing the 1% bonus offer from Ally, I donāt believe this should affect that since the money always stays in allyās hands and checking, saving, cdās are all mentioned as valid for that offer.
Bit of a dilemma this morning. On background, I adopted a while back an āasset spreadingā strategy (as always am NOT trying to convince others to follow my approach). Was pleased with recent outcome at Garden, where all went in accord with plan. However:
In the spirit of spreading was left yesterday looking at Connexus. My commitment there would not be as large as at Garden. Of the two deals I think Garden is (was) the better one. Anyway, there I am over at Kenās site reading all the Connexus comments. Then I happened upon the comments there one Connexus deal back. In a nutshell, too many commenters for my taste think Connexus is unreasonable regarding security. āObsessedā might be a better word, in particular when time comes to re-claim your money at maturity.
So dilemma Iām confronting is whether to just let Connexus go and await the next 4% deal, or send them some money. For the record, I am not at present a Connexus member.
Pathways? Iāve not ignored that great opportunity. Been working for several days to make contact with the right person, the decision maker there, who can rule on whether a route for me into the credit union even exists. These things can go either way, and even if they open the door it will still remain to me to do the required homework, which can be quite time consuming. Last time I (successfully) did that sort of homework it took me about two months. I noticed yesterday Pathways is in Columbus (home of ātheā OSU) so perhaps this time it would not take so long. But no sense doing anything until they rule.
Just a heads up:
For those with PenFed CD maturities upcoming shortly, in first half of December.
Be certain you have selected your maturity option for each CD you might have with them. This selection can be accomplished online with no need to telephone the credit union.
My own selection is to move funds straightaway into savings whereupon money will be yanked out of PenFed via ACH and into PurePoint (or wherever, maybe some into Alliant).
I struck out at Pathways. They were very courteous and totally gave me a fair shake. They even consulted their charter! But I was told that after review they believed admitting me as a member would for them be a charter violation. Obviously they would never do that, I understand completely. Such a great deal. Hate to miss out.
Connexus? Have set aside my application for now. Spoke with them; nice folks. But the comments on Kenās site from back in May are just too concerning. Quite possibly a mistaken judgement on my part not to go ahead regardless. Just not prepared under the circumstances to move forward.
Q: Shin, have you tried your āattend schoolā angle at Founders?
I have not. The Pathways deal is so great I thought it was worth the trouble. The Founders deal is a more conventional 4%, five year, deal. Itās a perfectly good deal. But Iām not as motivated by the Foundersā terms as I was by the better deal at Pathways.
Those are the only 4% CD deals of which Iām aware at present. Given rates are still rising, Iām not looking to do anything below 4%.
Uh, I could be full of prunes with this observation. This is a CD discussion thread. NOTHING is more important here than interest rates and their direction. Interest rates going forward depend on future level of economic activity.
Iām sitting here typing looking out at between eight and ten inches of snow, snow which Iāll shortly be out there shovelling. All I know about future economic activity is what I can glean on the internet. My personal experience, e.g. clearing away snow, does not help much at all. So here is what Iām seeing that is making me think twice:
Bottom line:
If the economy is cooling then Iām probably wrong about CD rates continuing to head north. What do you think? Where are intermediate to longer CD interest rates headed from here?
As I read from Kenās forum, they say to lock in the highest rate for the longest period of time.
I still donāt like to lock in for the longer period. Right now my longest period of CD is Sharonview 4% maturing 7/2023. (thatās when my driverās license expires). My next would be Freedom CU 3.56% maturing 2/2021. Iām still working on Pathways 40-mo 4%.
shinobi, I hope your thoughts about CD rates cooling is wrong. Savings rates seem to be holding tightā¦
Gosh I wish I were able to know in which direction interest rates are headed! Today the Dow closed down almost 400 points. Thatās not great.
We will know more in a month when the FOMC meets in December. Their failure then to raise short rates the long-anticipated additional quarter point would signal they believe the economy is weakening. And of course a weakening economy is not supportive of higher long-term interest rates.
The FOMC meets on Tuesday, December eighteenth. They will make their announcement on Wednesday, December nineteenth, in the early afternoon. So will Christmas arrive early? I dunno.
Ally has upped the APY on their 11 month no-penalty CD again. Current APY is now 2.25%.
This means many Payback Time participants, including me, are gonna have to close their existing 2.20% APY certificates and then re-open at the new higher rate.
Note the 2.25% APY rate applies to accounts of $25,000 and over.
If Ally keeps this up I wonāt have to withdraw my money on January sixteenth! 
I just received the paperwork for the 11-month CD opened on 11/10, which lasted only 10 days! Is there a way to suppress that mailing?
Am a bit confused. Why would you desire to suppress that mailing?
Anyway, my own closures and reopenings at the new, higher, rate went forward uneventfully. It did take me a good fifteen minutes, though, to convert the three accounts. Itās important to convert ASAP since they might raise the rate once again and you must wait six days before you are permitted to close. You want that six day clock to commence running as soon as possible.
shinobi, I guess I struck out at Pathways also.
They accepted my application & $5 but without hesitation they cancelled everything. I could cause a problem & reject it but itās not worth the effort. I did belong to one of their SEGs but without even an e-mail or call to discuss the issue they just closed my account.
As you said it was such a great deal but there will be others coming. (I hope)
Just like most of my statements are online only, I have no use for it.
Thatās a whole nother other situation entirely! Thatās a big deal that never applied to me.
I would definitely ring them up and discuss the matter. Youāve nothing whatsoever to lose . . . . . and a whole lot to gain!!!
You deserve to know why you were dismissed even though you qualify owing to SEG association.
Their telephone number: (800) 367-7485
Just bear in mind they are on eastern time.
Thanks shinobi, I decided to give Pathways a call.
Of course they couldnāt give a direct response. So they said I would get a call from someone later. A couple hours later a rep returned the call. I did my explaining on the matter, to which their only response was, I didnāt live in their state. Even though I told them that I belonged to one of the SEGs listed. The rep insisted that I still must reside in OH. I also explained that I never receive an e-mail or call regarding my application. She said, they had sent me an e-mail which was not true.
So I said, āitās your lossā, Iāll take my money elsewhere. So, for Thanksgiving we will all be on the lookout for GOOD DEALS in the near future.
I commend you for having tried, pattyb53. I would not have seen coming the ābecause you do not live in Ohioā excuse . . . not after your listed-SEG association was made known to them.
When I was trying to gain entry I specifically inquired whether my lack of Ohio residence was a deal killer. They said ānoā. But of course they had a different way to spear my own membership aspirations.
So it goes. Sometimes you win. Sometimes you lose. But you never win if you do not play the game. 
Great Lakes Credit Union has a 7-month CD paying 7% with a $7k max. $1k minimum. Hard pull. Open to all if you choose āNot listed - Let us helpā when it asks for your affiliation. Youāll need to open a share savings account with $5 minimum first. Promotion ends November 30th. I applied, but my application is pending.
Link: Share Certificate Options | Great Lakes Credit Union | Great Lakes Credit Union
Credit to Doctor of Credit: Great Lakes CU 7.00% APY Rate on up to $7,000 with 7-Month CD - Doctor Of Credit