Dedicated to Deposits: Deals, Data, and Discussion

6.00% 3-Month CD at a California CU (Meriwest)

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Meriwest Credit Union is offering a special 6.00% APY 3-month share certificate. The minimum deposit is $1,000 and the maximum is $250K. Money must be new to the credit union.

The field of membership includes those who live, work or study in Santa Clara, Alameda, Contra Costa, San Mateo, or San Francisco County. Select Employer Groups include IBM employees and retirees. Family members and other SEG's can also qualify. See site for details.

Branches are located in San Jose, Milpitas, San Mateo, Mountain View, Palo Alto, Menlo Park and Dublin, California. There are also branches in Tucson, Arizona.

The credit union is NCUA insured. It has $1.04 billion in assets and 74,671 members.

Thanks to FW member quark255 who mentioned this special in the FW CD Thread.

6% CD For Those In Southern California

For those who live in Southern California, Ventura County Credit Union has a 6% 12-month CD special. See my previous post for more info.

Comments
3 comments.
Comment #1 by Anonymous posted on
Anonymous
Hello:

Last week I opened a 3 month 6% account with 75K.

Today I went back to open another account with 42K and was told although the max was 250,000K
it was a one time open account per customer.

So I would suggest having all the funds available, if possible, at the same time.

I was very disappointed and I think some sort of disclaimer should be noted.

Love your blog site and have passed it to family and friends.

Thank you
Betty

1
Comment #2 by Banking Guy (anonymous) posted on
Banking Guy
Betty, Thanks for the info and your support. Sorry to read about this one-CD-per customer limitation.

1
Comment #3 by Anonymous posted on
Anonymous
The 6% is no longer available as of 12/4/06.

1