6.00% 8-Month CD at a California CU (Santa Clara County)
Apr 16, 2007 - 8:29 AM by Ken Tumin
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.
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.
Tags: California, CD rates
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Anonymous - #1, Monday, April 16, 2007 - 1:56 PM
Hi All,
I have tried to enter several organizations with no luck. Does anybody share some eligable organizations?
Thanks and have a great day.
Anonymous - #2, Wednesday, April 18, 2007 - 7:08 AM
Hi, in the search field, I entered just the letter 'e' and it returned a long list of eligible organizations.
Anonymous - #3, Thursday, April 19, 2007 - 11:45 AM
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.
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