6.00% 60-Month / 5.50% 9-Month CD at a California CU (The Golden 1).

The Golden 1 Credit Union just did a major bump to the rate of its 60-month Term-Savings Certificate. The yield is now 6.00% APY (5.84% interest rate). The minimum deposit is $1,000 for a regular certificate and $500 for an IRA.

The Golden 1 is also offering a 5.50% APY 9-month certificate. These new special certificates seem to replace the 5.70% 8-month Worry-Free CD that I reported on in May.

Field of membership includes those who live or work in one of many counties of California. The FOM also has a long list of eligible employers. See site for details.

Branches are located throughout the state of California including the cities of Sacramento, Bakersfield, Los Angeles, Modesto, Napa, Oakland, San Francisco, Fresno and Jackson.

The Golden 1 Credit Union is federally insured by the NCUA (Charter # 61650). It's one of the largest credit unions in the US with $6.32 billion in assets and 679,143 members.

Tags: California, CD rates, The Golden 1 Credit Union, IRA rates