Dedicated to Deposits: Deals, Data, and Discussion

5.60% 7-Month CD at a Los Angeles/New York CU (First Entertainment)

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First Entertainment Credit Union
First Entertainment Credit Union is offering a 5.60% APY 7-month term share certificate. The minimum deposit is $1,000. New money is required. 5.30% APY applies to existing funds. The offer ends August 31, 2007 or when total deposits reach the promotional program limit. Please refer to the promotional page (pdf) for more info.

This credit union is regularly coming out with some nice CD deals. In July they were offering 5.50% CDs with terms from 3 to 60 months, and in May they were offering a 6% CD.

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 $603.0 million in assets and 53,252 members.

  Tags: New York, First Entertainment Credit Union , California, CD rates

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