Dedicated to Deposits: Deals, Data, and Discussion

7.50% 12-Month CD at an Oregon CU - 1 Day Only (OnPoint).


OnPoint Community Credit Union is having a special 1-day only CD promo tomorrow (October 21st) from 9:00am to 1:00pm only at the new Eugene, Oregon branch. They're offering a 7.5% APY 12-month certificate of deposit. The minimum is $10k with no limit on the amount that can be deposited. They require a separate checking account with a minumum $500 balance to be maintained in order to avoid a $10/month service fee (no direct deposit required). This is not listed at the credit union's website. It was advertised in the Register Guard Newspaper, and a reader mentioned it in the finding deals post.

Note that this 7.5% CD is only available tomorrow and only at the Eugene branch. If you can't make it to this branch tomorrow, the credit union also has some decent 6-month and 12-month CD specials with an APY of 5.65%. The minimum deposit for this is $5k. It's also available in an IRA account.

The field of membership includes everyone who lives or works in the Oregon counties of Benton, Clackamas, Columbia, Lane, Linn, Marion, Multnomah, Polk, Washington, and Yamhill. Membership is also open to family members of current OnPoint Community Credit Union members.

There is a $15 membership fee ($5 of which is refundable when you close the account). A minimum $5 deposit into a savings account is also required.

The credit union is NCUA insured. It has $2.2 billion in assets and 177k members.

Thanks to the reader who mentioned this promo!

Comment #1 by Anonymous posted on
You're welcome for the info. Sorry I sent it so late! I stood in line with the other 200+ people. With a 7.5% APY, it was totally worth the wait. I'll keep my eye open for any other outstanding offers and let you know if I find anything. Your site has been very helpful to me and I appreciate all the effort you put into it. (Hope you get something out of it yourself banker guy.) - Linda -

Comment #2 by Banking Guy (anonymous) posted on
Banking Guy
Congrats on the 7.5% CD. Hope we'll see more of these promos in the future.