5.30% 16-Month CD at a California CU - easy membership (Provident)
Provident Credit Union is offering a special 5.30% APY 16-month term share certificate. The minimum deposit is $1,000. It's also available as an IRA with a $500 minimum.
The 5.30% yield may seem low, but with today's rate environment, it's very competitive. The best 18-month CD yield that I listed in my weekly summary was 5.25%.
Provident also has a 6.01% reward checking account for balances under $25K. For more info, please refer to my Provident reward checking review.
Field of membership includes members of several associations. Some of the associations listed with national coverage include the American Cancer Society and the Sierra Club and Sierra Club Foundation. The Sierra Club has a membership page where you can become a member online. The lowest membership level costs $25.
For those in California, you can be immediately eligible to join if you live or work in one of the following counties: San Mateo, San Francisco, Santa Clara, Alameda, Contra Costa, Monterey, Sacramento, El Dorado, Placer and Humboldt. Also those in Los Angeles City are elibible. Please refer to the eligibility page for the full details.
Membership into the credit union requires a $10 membership fee, but this is waived if you apply online. A minimum deposit of $25 is required into the share savings account.
The credit union is federally insured by the NCUA (Charter # 66343). It's a large credit union with $1.5 billion in assets and 94,606 members.
Banks Mentioned in this Post:
|Provident Credit Union (CA)|
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