high-yield-certificates from nasa and others:
2 Likes
NASA FCU is also offering 3.75% APY on a 15mo CD w/10K minimum deposit.
3 Likes
Some end of Q2 2022 ratings are in
Ken has these ratings for both banks and credit unions
Weiss has these ratings for both banks and credit unions
Bauer, so far, has these ratings for banks only. The Bauer star ratings for credit unions should be along shortly.
Possibly of interest to some followers of this thread:
Weiss has downgraded NFCU!
Weiss has downgraded Keesler.
Weiss has downgraded Sharonview to a rating of D+
On a personal note:
I have money in Sharonview earning 4% APY. I hope they remain afloat until my CD matures. The D+ rating is disquieting, but better to know the risk in advance than to suffer a surprise.
2 Likes
Thatās surprising re NFCU
Weiss is an alarmist rating agency. I have tried to understand their methodology but it is incomprehensible to me. Letās put it this way: if NFCU is going down, then be prepared to start eating from those soup cans that were hoarded during the pandemic.
I look forward to Shinobiās posts but letās state the obvious: Shinobi is a rating agency hypochondriac. He gets a little bit unhinged when there is a change to a credit union rating grade, even if he has no idea why it happened.
4 Likes
While I disagree with your opinion, I certainly agree with your right to say it. That said, what, pray tell, is remotely unhinged about his post? Iāve quoted most of the relevant portion below.
ETA: I appreciate his reminders about ratings releases, and am going to investigate downgrades where I have significant (for me) funds.
Keesler was expected, but surprised by Sharonview. I thought they had weathered the 4% CD semi-fiasco, and were on the downhill side.
āI hope Sharonview remains afloat until my CD maturesā is unhinged. He is referring to a 5-yr CD which has about 8 months remaining until it matures.
Shinobi is too lazy to go to the NCUA site and research the financial condition of Sharonview, the only real way to understand their financial condition. To suggest this credit union may not survive for another 8 months can only be described as fear porn.
1 Like
Wow! Really? So, does my saying āI hope it doesnāt rain tomorrowā mean Iām a weather denier, investor in desalinization plants, or some other possible explanation? Or, does it mean I want to mow the lawn, and hope the rain doesnāt delay my cutting and force me to reschedule my plans for later in the week?
I was unaware of your intimate knowledge of @shinobi. 
So, are you suggesting that we do away with ratings agencies, or rather that we not comment on ratings changes until we get into the weeds at the aforementioned NCUA site?
Huh? Are you saying āI hope Sharonview remains afloat until my CD maturesā is a suggestion that they may not survive? I might say, and probably have said that about any number of investments Iāve made.
Thatās a very liberal application of that term. Back when people use to reserve the extreme labels for actual extremes, Shinobi wouldāve been affectionately called a worrywart.
2 Likes
Listen, I donāt want to come down to hard on Shinobi. Heās a valuable contributor to this site and I appreciate many of his posts. I get your point that āunhingedā may be an overreach. āAlarmistā may be the better word. To imply that Sharonview may not be financially solvent in 8 months because of a rating change by Weiss is probably somewhere on the spectrum between worrywart and unhinged.
16 month 4% CD at Langley FCU. Looks like there may be some ability to fund with a CC.
3 Likes
It looks like they will let you fund $1000 with a credit card as a new member. Iām wondering if they allow credit card funding if you buy additional CDs. And, I see they have 3 month CDs so it makes them a good candidate for the shinobi side hustle if they do.
2 Likes
Are they open to all? They donāt seem to have a way to become a member online.
According to Ken, they are open to all. Havenāt explored it myself.
4 Likes
The rate on this deal has been raised to 3.30%
3 Likes
I happen to belong to Langley FCU. So knowing me, Iām going to go for this short term CD.
16 Month CD 4% Promo. Funds on the way!
(to bad this is a Friday)
3 Likes
If youāre already a member, does Langley allow you to fund the CD with a credit card?
2 Likes
If anyone is interested, Patelco Credit Union has a 11mo CD at 3.50% APY with a $250 minimum deposit. Easy membership requirement by joining the Financial Fitness Assoc ($8).
2 Likes