5.50% 11-Month CD at a California Credit Union and $75 Checking Bonus (California)

California Credit Union is offering a 5.50% APY 11-month Expert Earner Savings Certificate. The minimum deposit is $10,000, and it requires new money.

They still have a $75 bonus for opening a new free checking account. It requires direct deposit. There are no monthly fees or balance requirements. The first order of checks are free.

The credit union had several CD promotions last year including 8% 8-month $5K max CD. My last report on this was in August.

Field of membership primarily includes employees of California schools. However, the FOM also allows you to qualify if you are a Parent Teacher Association or Parent Teacher Student Association member. If you're not a member, they can sign you up.

The main office is located in Glendale, California. It has several other branches in Los Angeles, North Hills, Encino, Pasadena and Torrance.

The credit union is NCUA insured with $1.2 billion in assets and almost 77,587 members.

Tags: California, CD rates, checking account, California Credit Union