Dedicated to Deposits: Deals, Data, and Discussion

10% 12-Month CD at a California CU - $1K Max (Meriwest).

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Meriwest Credit Union
Meriwest Credit Union is offering a special 10.00% APY 12-month share certificate. The minimum and maximum deposit is $1,000. Current members must refer a new member. New members must open a checking account. The offer is only on June 8-9, 2007, and it's available only at the River Oaks Financial Center.

The $1K cap hurts this deal. You'll only earn about $45 over what you would earn in a 5.50% CD. Their last deal that I posted on in November was much better (6% 3-month with a $250K cap).

Field of membership includes those who live, work or study in Santa Clara, Alameda, Contra Costa, San Mateo, or San Francisco County. Select Employer Groups include IBM employees and retirees. Family members and other SEG's can also qualify. See site for details. Membership requires a one-time fee of $5.

The credit union is federally insured by the NCUA (Charter # 68394). It has $1.04 billion in assets and 74,359 members.

Thanks to FW member cameron2003 who mentioned this special in the FW CD Thread.

  Tags: California, Meriwest Credit Union, CD rates

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