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Rate Hunter Website Promoting CU That No Longer Exists

GoMediaNetwork said it would be taking down rating from merged credit union immediately.

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An interest rate reporting website was promoting Wednesday a credit union that no longer exists as having the best short-term CD rates for investors who want to balance earnings with liquidity.

The El Segundo, Calif.-based GoMediaNetwork, which owns the site GoBankingRates.com, is praising the 2.00% APY once offered for a 2-year certificate at 1st Alliance Federal Credit Union. The Baltimore-area credit union merged into the $98 million Atlantic Financial Federal Credit Union of Hunt Valley, Md. nearly one year ago, although the 1st Alliance website is still online.

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