Dedicated to Deposits: Deals, Data, and Discussion

6.07% 13-Month CD at a LA Credit Union (Financial Partners)

POSTED ON BY

Financial Partners Credit Union is offering a special 767 share certificate for its members who work at Boeing. It's a 6.07% APY 13-month CD. You're allowed one penalty free withdrawal after 7 months. The minimum deposit and the minimum balance to keep the account open is $1,000. It must be opened at a branch. The special is not listed at the credit union's website. A reader reported on this promotion and provided a scan of the offer. Here's a link to the scan.

I had reported on another special from this credit union last week which expired on Saturday. However, they're still offering a 5.50% APY 14-month CD which is similar to this 767 CD special in that you have the option to do a penalty-free withdrawal after the first 7 months. This is listed in their savings rate page and is available to all members.

The field of membership includes those who live, work, attend school, or attend church in Orange County, Long Beach, Downey, or any of the other communities that are served by the credit union in Los Angeles county.

The credit union is NCUA insured. It has $659 million in assets and over 53,000 members.

Thanks to the reader, rate freak, who mentioned this special and provided a scan in the finding deals post.

Comments
4 comments.
Comment #1 by Anonymous posted on
Anonymous
The scan states, "Exclusive boeing employee special!"

Is that true, or is the special open to anyone that joins the credit union?

Thanks in advance.

1
Comment #2 by Anonymous posted on
Anonymous
I'm very sorry, it's me again, (anonymous). I re-read your post and it does mention the special is exclusive to Boeing employees.

Thank you for your excellent website.

1
Comment #3 by Anonymous posted on
Anonymous
I am a member of Financial Partners credit union. They called the other day to see if I was interested in them doing more financial planning/investing with them This is great. Here is the problem...
Even though I belong to the Crdit Union, they refused to honor the rate for Boeing. I was looking to deposit $120k in the CD. Since I don't work for Boeing, I complained about not being able to have the same benefit as a Credit Union member. The Manager never returned my call.

1
Comment #4 by Banking Guy (anonymous) posted on
Banking Guy
Yes, it does seem to be unfair to the non-Boeing members.

1