6.00% 7-Month CD at an Oregon/Washington CU (First Tech)

First Tech Credit Union is offering a special 6.00% APY 7-month certificate of deposit. The minimum is $500. It requires a checking account with direct deposit. Without direct deposit, the APY is 5.50%. The offer is good through October 31, 2006. I could not find this promotion mentioned at the credit union's website. A reader informed me of this CD, and I called the credit union for additional details.

The field of membership includes those who live in Lane County, Oregon or any school district in the State of Washington. There also several select employee groups including Microsoft in which you can qualify for membership. See site for more details.

Branches are located in the areas of Portland, East Lane County, Eugene/Springfield, Salem and Seattle.

The credit union is NCUA insured. It's a large credit union with $1.5 billion in assets and over 146k members.

Thanks to the reader who emailed me this deal.