Peoples Credit Union is offering a special certificate with a yield as high as 4.50% APY for a 12-month term. Minimum deposit is $1,000. The base yield is 4.20% APY. Higher rates are available with the following checking account activities:
0.10% added for an active checking account
0.10% added for direct deposit
0.10% added for e-statments
Membership is open to anyone who lives, works or owns property in Miami-Dade or Broward County. You can also be elgible via select employer groups. See their membership page for details. Membership requires a $5 membership fee and a minimum deposit of $5 into the share savings account.
Branches are located in Miami, North Miami, Hialeah and Pembroke Pines, Florida.
Peoples Credit Union has some solid financial ratings for soundness: 5 stars (superior) at BauerFinancial and 4 stars (sound) at Bankrate.com. Both ratings are based on 6/30/08 data. The credit union is federally insured by the NCUA (Charter # 67677).