4.95% 18-Month CD at a California CU

Dec 18, 2005 - 6:40 PM by Ken Tumin

I've noticed that most of the local bank or credit union deals that I've found lately have been either in the midwest or east coast. I finally found one from the west coast.

Technology Credit Union (Tech CU) is offering 4.95% APY on a 18-month CD. The minimum required deposit is $1K. A deposit over $95K earns a 5% APY rate.

The credit union also has a CD bonus until the end of the month. Open or renew a certificate of deposit with a balance of at least $2.5K and receive a $10 gift card for your choice of Blockbuster or iTunes. If the CD is at least $100K, you have a choice of either a $100 VISA Gift card or a pair of ski passes at ski resort.

The field of membership includes those who live, work, worship or attend school in the following California counties: Santa Clara, San Mateo, Alameda, Contra Costa, Santa Cruz and San Francisco.

Tech CU is among the top 1% of the nation's largest credit unions with more that $1 billion in assets. It has 7 full-service branches in the Silicon Valley.

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