Patelco Credit Union is offering a special 4.07% APY 12-month certificate. The minimum deposit is $1,000, and new money is required. It's also available as an IRA with a $500 minimum opening deposit.
You can open this CD online. When I joined Patelco in January, I was able to apply online and open two CDs during the session. I described the details in this January post. I have some more details about Patelco CDs and potential fees in this post. As I mentioned in that post, I did not receive a hard credit pull when I applied for membership or for the CDs.
You may also want to take advantage of other good Patelco deals such as a $50 checking promotion and a new-member 7% 12-month CD ($1K max deposit). I reported on these details in this post from last week.
Membership is open to anyone who joins the California Association for Older Americans. This is described at the bottom of their Eligibility page:
Anyone can join this association, regardless of age or geographic location. Just indicate California Association for Older Americans on your application.
There's no cost to join this association. For details about joining Patelco, please refer to my Patelco review post.
Branches are primarily in California with one branch in the Chicago Metro area. At the start of 2008, Patelco officially switched from private insurance to federal insurance, and it's now NCUA insured (Charter # 68579). It's one of the nation's largest credit unions with $4.1 billion in assets and 242,093 members.
Thanks to the reader who emailed me this promotion.