San Mateo Credit Union will be offering a special 7.00% APY 7-month certificate. The minimum and maximum deposit is $5,000. You must be a new member, and it's only available at their Westlake branch on Friday and Saturday, December 7th and 8th. If you're already a member, you must refer a friend or family member to qualify for this CD.
With a $5K cap and a 7-month term, you'll earn about $58 over what you would earn in a 5% account.
5.75% 5-Month / 5.50% 12-Month CD Specials Still Available
San Mateo Credit Union is still offering a special 5.50% APY 12-month CD and a 5.75% APY 5-month CD at some of their branches. These have a maximum deposit limit of $100K. The minimum deposit is $10K, and it requires new money. I first reported on these specials in October. I called and asked if these would be continued into December. The CSR said she didn't know; they could end any day.
Field of membership includes those who live, work or attend school in San Mateo County, California. You can also be eligible via select employee groups and via family. See site for details. Membership requires a one-time fee of $10.
Branches are located in Redwood City, San Mateo, South San Francisco and Daly City. The Westlake branch is located in Daly City.
The credit union is federally insured by the NCUA (Charter # 62736). It has $613.6 million in assets and 62,655 members.