7.19% 6-Month / 7.19% 18-Month CD at a California CU ($7K max)
Jul 11, 2006 - 1:04 PM by Ken Tumin
Pacific Resource Credit Union is offering a 7.19% APY certificate special. Three terms of 6 months, 12 months and 18 months are available. The minimum deposit is $1K and the maximum deposit limit is $7K per member. New money only is required. The CD is also available as an IRA.
This rate is about 1.5% higher than other top nationally available CDs. For an 18-month CD with a $7K deposit, this will result in an extra $157.
The field of membership includes anyone who regularly works, resides, worships, or attends school in metro Los Angeles, Carson, Cerritos, Cypress, La Palma, Lakewood, or Torrance. There are also select groups that are included. See site for details.
Membership application can be done by mail or by visiting a branch. A minimum deposit of $5 is required.
The credit union is NCUA insured. It has $118 million in assets and 9,700 members.
Credit for this find goes to the commenter who mentioned it in the finding deals post. Thanks!
This rate is about 1.5% higher than other top nationally available CDs. For an 18-month CD with a $7K deposit, this will result in an extra $157.
The field of membership includes anyone who regularly works, resides, worships, or attends school in metro Los Angeles, Carson, Cerritos, Cypress, La Palma, Lakewood, or Torrance. There are also select groups that are included. See site for details.
Membership application can be done by mail or by visiting a branch. A minimum deposit of $5 is required.
The credit union is NCUA insured. It has $118 million in assets and 9,700 members.
Credit for this find goes to the commenter who mentioned it in the finding deals post. Thanks!
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Anonymous - #1, Tuesday, July 11, 2006 - 1:55 PM
BankUnited has a 5.25% savings account, but does not allow money to leave the account thru ACH yet, so it's kind of stuck there. They say they are working on it.
Anonymous - #2, Tuesday, July 11, 2006 - 3:04 PM
Need a referral, would my long lost cousin (a member) contact me at knsmahl@yahoo.com
Banking Guy (anonymous) - #3, Tuesday, July 11, 2006 - 5:49 PM
I have more info on BankUnited here . I did note the lack of an ACH transfer system, but I thought you could initiate an ACH transfer from another bank. Do you know if there is a problem with this?
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