There's also a decent new-member special with a 7.00% APY for a 12-month term. The maximum deposit is $2,500. Only one certificate is allowed per new member. With the max deposit of $2,500, you'll earn about $75 more than a 4% 12-month CD.
This credit union has been offering several good CD deals. My last post was in January when they were offering a 5% 5-month CD.
Membership is open to those who live, work or worship in San Joaquin or Calaveras County, California. Please see their Membership page for the full details. Membership requires a $5 fee and a minimum $5 deposit in the savings account.
Branches are located in cities of Stockton, Lodi, San Andreas and Angels Camp.
The Central State Credit Union has some decent financial ratings for soundness: 4 stars (excellent) at BauerFinancial and 3 stars (performing) at Bankrate.com. Both are based on 6/30/08 data. The credit union is federally insured by the NCUA (Charter # 60363). It has $143.5 million in assets and 19,707 members.