Dedicated to Deposits: Deals, Data, and Discussion

6.00% 12-Month CD at a California CU (Ventura County)


Ventura County Credit Union is advertising a 6.00% APY 12-month certificate. The minimum deposit is $1,000. It requires a new checking account with direct deposit to earn the 6%. Otherwise, the rate is 5.75% APY. Money must be new to the credit union. Checking account must be opened with at least $200 and with a minimum of $400 total monthly direct deposit. The checking account has no monthly service fees.

This CD special isn't listed at the credit union's website. It was advertised in today's Ventura County Star. The ad is available online here.

The field of membership includes those who live, work or attend school in Ventura or Santa Barbara Counties. There are also several select employee groups through which you can be eligible. A one-time $10 membership fee and a $5 opening balance in the share savings account is required for membership. They can be contacted at 800-339-0496.

The credit union is NCUA insured. It has $413 million in assets and 45,536 members.

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