5% Money Market Account and $85 in Bonuses at a Washington State CU
Jul 21, 2006 - 1:16 PM by Ken Tumin
Columbia Credit Union is offering a 5.00% APY for its Guaranteed Money Market Account. The minimum to open is $25K and 50% of which must be new money. It also requires a checking account. The 5% APY is guaranteed through January 1, 2007. The rate for balances under $25K is around 2%. Free checking accounts are available without monthly fees or minimum balance requirements.
Through the end of July, Columbia is offering gift cards for signing up for various sevices: A $10 Burgerville Card is given with every new membership. A $25 Borders Gift Card is awarded for opening a personal checking with free online access and e-statements. A $50 Kohls Gift Card is awarded for opening a money market account with $10,000 or more with money not currently on deposit at Columbia. A $50 Home Depot Gift Card is given for opening a new home equity line of credit with a balance of $5,000 or more.
Memebership and account applications can be done online. There's a $5 membership fee.
The field of membership includes persons who live or work in Washington State or Jantzen Beach/Hayden Island, Oregon. Persons who are related to eligible members may also join. Individuals who don't meet this criterion may also become Columbia members as an employee benefit from select Portland metro-area businesses. See site for details.
Branches are located in Vancouver, Battle Ground and Ridgefield, Washington.
The credit union is NCUA insured. It has $700 million in assets and over 60,000 members.
Through the end of July, Columbia is offering gift cards for signing up for various sevices: A $10 Burgerville Card is given with every new membership. A $25 Borders Gift Card is awarded for opening a personal checking with free online access and e-statements. A $50 Kohls Gift Card is awarded for opening a money market account with $10,000 or more with money not currently on deposit at Columbia. A $50 Home Depot Gift Card is given for opening a new home equity line of credit with a balance of $5,000 or more.
Memebership and account applications can be done online. There's a $5 membership fee.
The field of membership includes persons who live or work in Washington State or Jantzen Beach/Hayden Island, Oregon. Persons who are related to eligible members may also join. Individuals who don't meet this criterion may also become Columbia members as an employee benefit from select Portland metro-area businesses. See site for details.
Branches are located in Vancouver, Battle Ground and Ridgefield, Washington.
The credit union is NCUA insured. It has $700 million in assets and over 60,000 members.
Featured Accounts
Useful Resources
Nationwide Savings Accounts
Anonymous - #1, Friday, July 21, 2006 - 7:11 PM
doesnt look like a good deal... it wud be great if u post *great* $moneymaking deals instead of posting like PR Newswire... just IMHO...
Mark Stone (anonymous) - #2, Saturday, July 22, 2006 - 5:54 AM
I totally disagree with this posters comments Ken. Many of your long time readers understand how much time it takes to keep this blog going and current. We appreciate your efforts greatly.
anonymous...I think you should read through this entire blog and see how much information is available...for free. IMHO your comments are rude and unnecessary.
Anonymous - #3, Saturday, July 22, 2006 - 9:11 AM
Ken,
Keep up the good work! I can't tell you how much I appreciate your web site. There is always one in every crowd so don't let IMHO's comments bother you. If he doesn't appreciate your work then maybe he should just move on.
Banking Guy (anonymous) - #4, Saturday, July 22, 2006 - 1:33 PM
Thanks for the support. But I have to admit it's not a great deal. It would be much better with a smaller minimum. But it could be a decent deal for some.
Feel free to critique the deals. Sometimes I do miss some small-print or don't have time to get more info or to analyze the deals.
Add Your Comment
Post a Comment