My last report on this credit union was back in September 2006 when it was offering a 5.80% 10-month CD.
Membership is open to those who live, work, worship or attend school in any of the following California counties: Santa Clara, San Mateo, Alameda, Contra Costa, Santa Cruz and San Francisco. You can also be eligible via select employer groups and via relatives. Please see their membership page for details. Membership requires a $25 deposit into a savings account and can be opened online.
Branches are located in Cupertino, Fremont, Milpitas, Moutain View, San Jose, Santa Clara and Sunnyvale. The credit union is federally insured by the NCUA (Charter # 68383). It's a large credit union with $1.3 billion in assets and 76,693 members.
Thanks to the reader SVG for mentioning this promotion in the comments of the finding deals post.