Alaska USA Credit Union is offering some competitive rates. The most competitive include a 2.01% APY 18-month CD, a 2.25% APY 24-month CD and a 3.35% APY 60-month CD. Minimum deposit is $500. These are also available in an IRA. These rates are listed in the credit union's certificates rates page as of 3/02/2010.
The 2.01% APY may seem low for an 18-month term, but I'm afraid it's competitive these days. As a comparison, the top 18-month CD rate at Bankrate is currently 1.84% APY at Aurora Bank.
In addition to Alaska, the credit union has branches in several parts of Washington State and in the Victor Valley region of California. Last year they took over Members’ Own Federal Credit Union of Victorville, California through a NCUA purchase agreement. Refer to the credit union's branch location page for the full details.
Alaska USA doesn't provide many details on membership eligibility. The credit union's membership page recommends that you contact the credit union to find out if you are eligible. It appears there's a good chance you can be eligible if you live near one of their branches. If you have experience with this credit union, please leave a comment.
The credit union's ratings for safety and soundness are a little weak: 3 stars (adequate) at BauerFinancial and 2 stars (below peer group) at Bankrate.com. Both ratings are based on 9/30/09 financial data. Alaska USA is a large credit union with $4.0 billion in assets and 357,369 members. It's federally insured by the NCUA (Charter # 5913).