Dedicated to Deposits: Deals, Data, and Discussion

7% 6-Month CD at a CA Credit Union - $5K Max (Pacific Service)


Pacific Service Credit Union is still offering a 7% APY 6-month certificate for new members. The maximum deposit is $5K. The minimum is $1K for those over 21 and $100 for those 21 and under. I had first reported on this back in May.

Another decent certificate special being offered is a 5.50% 15-month CD with an add-on feature. There are no limits to the number of add-ons during the term. The minimum deposit is the same as above. Even though the rate is not great, it can be useful in an uncertain interest rate environment. Open the CD with the minimum and if interest rates drop, you can just add to this CD. They also have a 30-month add-on CD but this has a lower 5.25% APY. Self-Help Credit Union also offers this type of add-on CDs, however, their rates recently haven't been that high (see post).

The credit union's field of membership includes residents of the following California counties: Alameda, Contra Costa, Fresno, Marin, Napa, Placer, Sacramento, San Francisco, San Mateo, Santa Clara, Solano or Sonoma.

Branches are located in San Francisco, Pleasant Hill and Fresno. The credit union is NCUA insured with 68,000 members and $1.07 billion in assets.