Golden Bay FCU is offering a special 6.10% APY 12-month share certificate. The minimum opening deposit is $5,000 of new funds. The 6.10% APY requires a new or existing checking account with direct deposit of paycheck of at least $1,000/month. Without the checking account and direct deposit, the rate is 5.60% APY. Offer ends on 3/30/07. A reader mentioned that no credit checks are done for opening deposit products - just ChexSystems report.
Membership eligibility includes those who live, work, worship or attend school in Santa Clara County, CA. Membership requires a minimum $25 deposit into a share savings account.
Branches are located in San Jose, Moffett Field and Sunnyvale, California. Golden Bay FCU is federally insured by the NCUA. It has $221.5 million in assets and 17,006 members.