This editorial content is not provided or commissioned by any of the referenced financial institutions or companies. Opinions, analysis, reviews or recommendations expressed here are the author’s alone, not those of any financial institutions or companies, and have not been reviewed, approved or otherwise endorsed by any such entity. All products or services are presented without warranty.

Sharonview Federal Credit Union unveiled one of the nation’s top short-term CD rates this week, available to savers in 5 states.

The credit union is paying a whopping 2% APY on 5-month certificates, which is head and shoulders above the national bank leader among 6-month CD rates. That top return currently stands at 0.95% APY.*

In fact, at many national banks, can can’t earn 2% on any term, underscoring how stellar this rate is for such a short term.

CALCULATE: Finding out how much interest you’ll earn on any certificate is easy with our CD Calculator.

Membership in Sharonview is immediately extended to anyone who lives or works in 4 North Carolina counties and 1 South Carolina county, including portions of Charlotte, Wilmington, Greenville and Spartanburg.

It is also open to employees and retirees of over 700 affiliated companies throughout the Carolinas.

But anyone living in North Carolina, South Carolina, Georgia, Virginia or Tennessee can gain Sharonview eligibility by first joining the nonprofit American Consumer Council. A $5 membership fee is required.

Joining Sharonview and opening its CDs can be done online or at one of its 10 branches in North and South Carolina. A minimum investment of $500 is required.

RATE SEARCH: Compare CDs on Bankrate.

*The rates above were gathered Oct. 12, 2016. Quoted top national CD rates for various CD terms are based on a daily survey of banks, credit unions and community banks.

This editorial content is not provided or commissioned by any of the referenced financial institutions or companies. Opinions, analysis, reviews or recommendations expressed here are the author’s alone, not those of any financial institutions or companies, and have not been reviewed, approved or otherwise endorsed by any such entity. All products or services are presented without warranty.