5.70% 7-Month CD at a California CU (Financial Partners)
Apr 6, 2007 - 8:58 AM by Ken Tumin
Financial Partners Credit Union is offering a special 70th Anniversary Certificate with a yield of 5.70% APY. It has a 7 month term, and it has a minimum of $1,000 and a maximum deposit of $50,000. The certificate can be opened online.
Financial Partners is still offering a special 5.50% APY 14-month CD that allows one penalty free withdrawal anytime after the first 7 months. I last mentioned this special on March 14th.
Field of membership includes those who live, work, attend school, or attend church in Orange County or in one of several cities in Los Angeles County. Membership requires a minimum $25 deposit in the savings account.
The credit union is federally insured by the NCUA (Charter # 68457). It has $710.4 million in assets and over 54,061 members.
Credit for this find goes to the FW member beautyt42 who mentioned it in the FW CD thread.
Financial Partners is still offering a special 5.50% APY 14-month CD that allows one penalty free withdrawal anytime after the first 7 months. I last mentioned this special on March 14th.
Field of membership includes those who live, work, attend school, or attend church in Orange County or in one of several cities in Los Angeles County. Membership requires a minimum $25 deposit in the savings account.
The credit union is federally insured by the NCUA (Charter # 68457). It has $710.4 million in assets and over 54,061 members.
Credit for this find goes to the FW member beautyt42 who mentioned it in the FW CD thread.
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SVG (anonymous) - #1, Friday, April 6, 2007 - 10:46 AM
Readers,
The on-line membership application FPCU has is not secure. If you are planning to fill-in the on-line then this issue is a 'Caveat Emptor' notice for you.
- SVG
rate freak (anonymous) - #2, Friday, April 6, 2007 - 11:05 AM
From what I read the FPCU's newsletter, it sounded like it could only be opened via online. Anyhow, I'd pass the online app if it is in fact true that it's not secure.
Anonymous - #3, Friday, April 6, 2007 - 11:18 AM
Confirmed this morning the promo is for on-line only. Don't know about security of site.
Banking Guy (anonymous) - #4, Friday, April 6, 2007 - 11:43 AM
SVG, thanks for catching that. Note, this is the membership application. The link is located at the about page.
However, the eBanking login (link on promo page) does seem to be secure.
So you may want to visit the credit union to join. Once you're a member, you can log into their online banking application (which seems secure) and open the CD.
It appears that they contract out their online banking, but the online membership application is done by them.
Anonymous - #5, Saturday, April 21, 2007 - 5:28 PM
The on-line membership application states it is secured by VeriSign. Is this not secured? This is different from the eBanking login page which is secured by GeoTrust. Wondering if it is now secure to sign in online.
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