4.50% 21-Month / 4.00% 7-Month CD at San Diego County Credit Union
San Diego County Credit Union has added a new special CD to its CD promotion that I first reported on in August. In addition to the 4.00% APY 7-month CD and the 4.25% APY 14-month CD, the credit union is now offering a 4.50% APY 21-month certificate. The minimum deposit is $10,000. Deposits of at least $90K qualify for an extra 5 basis points. Deposits between $2K and $10K earn 5 basis points less. These are also available as IRA certificates. The 14-month CD has a bump-up feature that provides the option of a one-time rate bump if their CD rates rise.
Field of membership includes all who live or work in San Diego, Riverside or Orange County. Please refer to the credit union's new-account page for more details on eligibility. Membership requires a minimum deposit of $50 into the Primary Savings account.
Branches are located throughout Southern California. The credit union is federally insured by the NCUA (Charter # 61004). It's a large credit union that has grown a lot since my July 2007 post. Total assets are $4.2 billion (up from $3.8), and there's now 195,105 members (up from 181,823).