If you can deposit the full $15K, that would earn you about $218 more than a 5.20% 7-month CD. Without the checking account, you'll still earn about $157 more. So this is one of the better teaser rate CD deals.
Ventura County Credit Union just ended a 6% 12-month CD special in Janurary.
Field of membership includes those who live, work or attend school in Ventura or Santa Barbara Counties. There are also several select employee groups through which you can be eligible. A one-time $10 membership fee and a $5 opening balance in the share savings account is required for membership. According to the CSR, there's no hard credit pull for joining and opening accounts.
The credit union is federally insured by the NCUA insured. It has $415.2 million in assets and 45,904 members.
Thanks to Carol who mentioned this new CD special in the finding deals post.