Dedicated to Deposits: Deals, Data, and Discussion

5.50% 3 to 60 Month CDs at a Los Angeles/New York CU (First Entertainment)

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First Entertainment Credit Union
First Entertainment Credit Union is offering a 5.50% APY certficate for all of its terms which includes 3, 6, 9 months and 1, 2, 3, 4 and 5 years. The minimum deposit is $1,000, and the maximum is $100K per member. New deposits only. The offer ends July 31, 2007 or when total deposits reach the promotional program limit. The promotion is only listed on their front page on the large image which is in rotation with another promotion.

In May this credit union was offering a 6% CD (see post). Note, in that promotion, it ended about 2 weeks before the originally posted end-date.

Field of membership includes most individuals who work, live, attend school or worship in the Greater Los Angeles Area. You can also be eligible via select employee groups and via family members (and not just immediate family). See site for details. Membership requires a one-time fee of $5 and a minimum deposit of $5 into your Prime Share savings account.

Branches are located in the California cities Hollywood, Burbank, Culver City, Pasadena, Santa Monica, Los Angeles and Valencia. There's also a branch in New York, New York.

The credit union is federally insured by the NCUA (Charter # 68373). It has $624.2 million in assets and 52,929 members.

Thanks to the reader who mentioned this special in the finding deals post.
  Tags: New York, First Entertainment Credit Union , California, CD rates

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