Dedicated to Deposits: Deals, Data, and Discussion

7% 7-Month CD at a California CU ($7K max)


Premier America Credit Union is offering a 7% APY 7-month certificate. The maximum deposit is $7K and the minimum is $2K. This requires a checking account with direct deposit or bill pay. They are also offering a 5.25% APY 7-month CD with a minimum of $5K that doesn't have a maximum or checking account requirement. The 7% special doesn't seem to be listed at their website. It was advertised in today's L.A. Times and Daily News. Call 800-772-4000 for more details.

The 7% for 7 months with a $7K deposit will earn you about $71 over what you would get with a 5.25% CD.

The field of membership includes those who live, work, worship or attend school in Ventura County, the San Fernando Valley, the Santa Clarita Valley or most other areas of Los Angeles County, or live, work, worship or attend school within 10 miles of our Westchase branch in Houston, Texas. In addition, you can be eligible if you're an employee or member of a long list of companies and organizations.

The credit union is NCUA insured with $1.2 billion in assets and over 72K members.

Thanks to Carol who mentioned this special in the finding deals post.

Comment #1 by Tom (anonymous) posted on
I was there this afternoon and learned this is only for NEW ACCOUNTS. They have a 12-12-12 program that will expire soon too.
(12 months, 12% for $1,200)

You are allowed only one NEW account. If you are already a member, you may not be able to get either program.

Comment #2 by Banking Guy (anonymous) posted on
Banking Guy
Thanks for the info!