6.00% 6-Month / 12-Month CD at an Oregon CU.

OnPoint Community Credit Union is offering a 6.00% APY on 6-month and 12-month Time Deposits (CD). These require a $10K minimum deposit with money new to the credit union. The maximum deposit is $500K per membership. It also requires a new or existing Interest Checking account.

The 12-month certificate has a booster rate feature which allows you to get a better rate if a better rate is offered during the term on the 12-month CD (probably unlikely with a 6% APY).

The Interest Checking Account requires a $500 average balance to avoid a $7/month fee.

Unfortunately, the credit union's membership seems primarily limited to just Oregon. The field of membership includes those who live or work in the following Oregon counties: Benton, Clackamas, Columbia, Lane, Linn, Marion, Multnomah, Polk, Washington, and Yamhill.

Branches are located in the cities of Portland, Beaverton, Gresham, Hillsboro, Lake Oswego, McMinnville and Milwaukie.

OnPoint Community Credit Union is NCUA insured. It's a large credit union with over 170K members and over $2 billion in assets.

Credit for finding this excellent deal goes to this commenter. Thanks!