6.00% 11-Month CD at Arizona State Credit Union

Arizona State Credit Union is offering a 6.00% APY 11-month certificate of deposit. The minimum is $25K with no maximum. Money must be new to the credit union. The early withdrawal penalty is 30 days of interest. There's also a 5.21% APY 121-day CD (about 4 months) with a $10K minimum deposit. This 6% CD isn't listed at the credit union's website. It was advertised in this morning's Arizona Republic. I also received additional details on this special from the customer service representative.

The field of membership includes those who reside in any of several Arizona counties. Also, there are several select employer groups. In addition to family members, friends of existing members are eligible. This is the first time I've seen this easy eligibility requirement.

Membership requires a minimum $5 deposit in the savings account. Membership can be opened by mail. This requires the application and a photocopy of photo ID to be notarized.

Branches are located in several cities of Arizona including Phoenix, Flagstaff, Tucson, Prescott and Safford.

The credit union is NCUA insured. It has $974 million in assets and almost 124K members.

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