Update 12/15/07: Rates have gone down: 5.51% to 5.33% for the 60-month term and 5.35% to 5.10% for the 36-month term.
First Credit Union is offering high yields on its term certificates. The best rates require a minimum deposit of $50K. These include a 5.51% APY 60-month CD, 5.35% APY 36-month CD, 5.30% APY 24-month CD and a 5.25% APY 12-month CD. Lower rates are available for several minimum deposit tiers. They also have some very competitive IRA certificate rates with a top yield of 5.75% APY for a 36-month term and a minimum deposit of $50K.
Membership is open anyone who lives, works or worships within 10 miles of a First Credit Union branch. Please refer to the credit union's membership page for more details. Membership requires a minimum deposit of $5 into your regular share savings account.
Branches are located in Phoenix, Flagstaff, Tucson, Glendale, Chandler, East Mesa, Ocotillo, Scottsdale and Tempe, AZ. The credit union is federally insured by the NCUA (Charter # 68444). It has $463.7 million in assets and 56,968 members.