AltaOne Credit Union's CD Matching Program

AltaOne Federal Credit Union has a special CD matching program called the Match Rate Plus. They'll top the rate of a current CD that you have by 0.25. In addition, they'll reimburse you for the early withdrawal penalty. The AltaOne term share certificate must be the same term and at least the same balance as your current share certificate or certificate of deposit as shown on a current statement from another financial institution. A receipt or statement showing penalty is required.

I don't see any exclusions about internet banks or credit unions like Penfed. So if you have a 6% Penfed CD, it looks like they should give you 6.25%. Before you close a CD, I would get confirmation from the credit union that they will not exclude your specific financial institution.

The field of membership includes people who live, work, worship, volunteer, have a business or attend school in Mono, Inyo or Kern Counties and selected communities in Northern San Bernardino county of California. See site for details.

The credit union is federally insured by the NCUA. It has $463.4 million in assets and 41,839 members.

Thanks to the reader who emailed me this special.