San Mateo Credit Union is offering a special 8.00% APY 18-month certificate that's only offered at their Broadway Branch, and it's only offered this Saturday on June 23, 2007. The maximum deposit allowed is $2,000, and it's limited to one per member. Existing members must refer a new member.
With a $2K cap and a 18-month term, you'll earn about $90 over what you would earn if that $2K were in a 5% account. It's not a super deal, but it's not bad. The credit union is also still offering a 5.50% APY 12-month CD which is available at any of their branches (see post).
Field of membership includes those who live, work or attend school in San Mateo County, California. You can also be eligible via select employee groups and via family. See site for details. Membership requires a one-time fee of $10.
Branches are located in Redwood City, San Mateo, South San Francisco and Daly City. The Broadway Branch is located in Redwood City.
The credit union is federally insured by the NCUA (Charter # 62736). It has $565.8 million in assets and 60,382 members.
Thanks to the reader who emailed me info on this special CD.