7.25% 11-Month CD at a CA/TX CU ($50K max).

Mar 31, 2006 - 4:18 PM by Ken Tumin

The National 1st Credit Union is offering a 7.25% APY 11-month CD. This deal was reported in this FW thread and doesn't seem to be listed at the credit union's website. Here are the details as posted:

Deposit Amount
$5000 - $50,000 - One per household
7.25% APY for 11 mo
Direct Deposit Required
Promotion runs from March 1st to March 31st 2006.
Limited to first 400 members

The credit union's field of membership includes those who live in Santa Clara County California and in the community surrounding the Arlington, Texas branch.

The credit union is NCUA insured and has 16.8K members and $169.0 million in assets.

Those who have $50K to invest would make more than $1,000 over what they could with a 5% 11-month certificate of deposit.

In order of date posted. - Sort by votes
Banking Guy

Banking Guy (anonymous) - #1, Saturday, March 18, 2006 - 4:07 PM

Some of the latest conditions that have been posted about this 7.25% CD at the FW thread:
-Santa Clara County residents only
-Need to open a savings account and fund with $5
-Pay $10 membership fee
-Open a checking account and fund with $100
-Have direct deposit into that checking account


1
Banking Guy

Banking Guy (anonymous) - #2, Friday, March 31, 2006 - 4:17 PM

According to those posting on the FW thread, March 31, 2006 is the last day for this 7.25% CD


1

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