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Ardent Credit Union Launches Villanova Tied 'Slam Dunk CD'

1/29/2026

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Summary

Story summary

Ardent Credit Union, a Philadelphia-based credit union, launched the 'Slam Dunk CD' tied to Villanova men's basketball performance.
The 7-month CD offers a base APY of 3.90%, rising to 4.25% if Villanova wins its home games.
Applicants must join by February 28, 2026 and deposit at least $100.
The CD's rates are not competitive with other options and it carries significant early withdrawal penalties.

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Story summary

Ardent Credit Union, a Philadelphia-based credit union, launched the 'Slam Dunk CD' tied to Villanova men's basketball performance.
The 7-month CD offers a base APY of 3.90%, rising to 4.25% if Villanova wins its home games.
Applicants must join by February 28, 2026 and deposit at least $100.
The CD's rates are not competitive with other options and it carries significant early withdrawal penalties.