Dedicated to Deposits: Deals, Data, and Discussion

6.00% 8-Month CD at a California CU (Santa Clara County)


Santa Clara County FCU is having a grand opening CD special. It's a 6.00% APY 8-month share certificate. The minimum deposit is $5,000, and at least 50% of the funds must be new to the credit union. Existing funds receive 5.75% APY. The special is available through May 31, 2007. The are also some special IRA certificates with yields that range from 5.55% APY for a 6-month term to 5.75% APY for a 12-month term.

Field of membership is primarily limited to employees and volunteers of certain companies and their families. Companies are not listed, but they do provide a form to search for qualifying companies. They also provide a toll-free phone number. Membership requires a $25 minimum deposit into your share savings account and a $5 membership fee.

Branches are located in San Jose, Campbell and Gilroy, California. The credit union is federally insured by the NCUA (Charter # 24299). It has $433 million in assets and 42,462 members.

Related Pages: California, CD rates

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Comment #1 by Anonymous posted on
Hi All,
I have tried to enter several organizations with no luck. Does anybody share some eligable organizations?
Thanks and have a great day.

Comment #2 by Anonymous posted on
Hi, in the search field, I entered just the letter 'e' and it returned a long list of eligible organizations.

Comment #3 by Anonymous posted on
Thanks, I just intered the letter "e" and received the list. It looks like I can qualify for this great yield of 6% for 8 Months. I have a CD from World that matures 5/8 and was wondering where to move the money. I filled out the info on the internet and they say I will receive the application in the mail. Looks like you must take the application to the CU in person. It's an hours drive but should be worth it.