San Diego County Credit Union is offering a CD and IRA CD special with competitive long-term rates. It has a 57-month term with a top rate of 2.75% APY. This requires a $90K minimum deposit. The rate is 2.70% APY for a $10K minimum and a 2.65% APY for a $2K minimum. According to the CSR, the early withdrawal penalty is 180 days worth of interest.
There are also shorter-term CD specials, but these aren't quite as competitive. For a $90K minimum deposit, these include a 1.45% APY 25-month CD and a 1.10% APY 11-month CD. These rates are listed in the credit union's rates sheet as of 5/5/2011.
Credit union membership is open to everyone living or working in San Diego, Riverside and Orange Counties. 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.
San Diego County Credit Union branches are located throughout Southern California.
With $4.97 billion in assets, San Diego County Credit Union is one of the largest credit unions in the nation. It has an overall health score at DepositAccounts.com of 4 stars (out of 5) with a Texas Ratio of 12.13% (above average) based on December 2010 data. The credit union is federally insured by the NCUA (Charter # 61004).
How It Compares?
For those in California, State Bank of India (California) also has some good CD deals including a 2.75% APY 5-year CD and a 1.50% APY 15-month CD special. The best nationally available 5-year CD rate is 2.93% APY at Melrose Credit Union. These rates are accurate as of 5/5/2011.
To find other top CD rates in California or in other parts of the nation, please refer to our CD rates table.