4.00% 15-Month / 4.00% 55-Month CD at a California CU - IRA (The Golden 1)

The Golden 1 Credit Union is offering a special 4.00% APY IRA certificate with terms of 15 and 55 months. The minimum deposit is $500. There's also a regular certificate special with a yield of 4% APY. The term is 4 months, and the minimum deposit is $10,000. It requires a new or existing checking account with direct deposit.

These rates are much lower than what Golden 1 was offering last September when they were offering yields up to 5.48% APY. Nevertheless, the rates are competitive after last month's Fed rate cuts. As a comparison, the top 12-month CD yield currently listed at Bankrate is 3.60% APY at Stonebridge Bank.

Field of membership includes those who live or work in one of many counties of California. The FOM also has a long list of eligible employers. Please see site for details.

Branches are located throughout the state of California including the cities of Sacramento, Bakersfield, Los Angeles, Modesto, Napa, Oakland, San Francisco, Fresno and Jackson.

The Golden 1 Credit Union is federally insured by the NCUA (Charter # 61650). It's one of the largest credit unions in the US with $6.6 billion in assets and 688,725 members.

Tags: California, CD rates, The Golden 1 Credit Union, IRA rates