5.80% 8-Month CD at a California CU (San Francisco FCU)

San Francisco FCU is offering a 5.80% APY 8-month savings certificate. It has a minimum deposit of $1K and a maximum of $50K. The special CD ends on October 31, 2006.

The CD also has a bump-up feature in which you can request a bump-up to the rate to match the current 6-month CD rate. It's unlikely that this will be a useful feature. The current standard 6-month CD rates are only around 5% APY.

The field of membership includes anyone who works, resides, worships or attends school in San Francisco, California. A $5 membership fee and a $5 deposit into a Regular Savings Account Required for membership.

The credit union is NCUA insured. It has $570 million in assets and 30,845 members.

Other Northern California CD Deals

If you aren't eligible for San Francisco Credit Union, there are others which you might want to try. Although the 6% CD special at Patelco Credit Union is over, it's still offering a 5.75% 8-month CD (see post). A 6-percent CD special is still available at Cal State 9 Credit Union. It's a 6% 7-month CD. This has been around since August so it might not last too much longer (see post).