Polish & Slavic Federal Credit Union (PSFCU) is having a promotion with a 6.11% APY 5-year term share certificate. The 6.11% yield requires a minimum deposit of $90K. A yield of 6.06% APY is available for a $50K minimum, and 6.00% APY is available for a $500 minimum. These rates are also available in an IRA.
Membership is open to anyone who is of Polish or Slavic descent. According to PSFCU membership page, exceptions may be made for individuals who are not of Polish or Slavic descent, but these individuals must submit a formal application in person with one of their sponsors. One atypical aspect of this credit union is a $10 annual membership fee. Membership also requires a minimum $10 deposit.
Branches are located in the New York cities of Brooklyn, Ridgewood and Copiague, and in the New Jersey cities of Union, Clifton, Bayonne and Linden. The credit union is federally insured by the NCUA (Charter # 22592). It has $1.1 billion in assets and 69,874 members.