San Diego County Credit Union is offering a CD and IRA CD special with competitive long-term rates. It has a 54-month term with a top rate of 2.45% APY. This requires a $90K minimum deposit. The rate is 2.40% APY for a $2K minimum. These rates include a 0.25% reward for maintaining an active checking account. According to the CSR, the early withdrawal penalty is 180 days worth of interest. There's also a 13-month CD special, but the rates are not competitive. These rates are listed in the credit union's rates sheet as of 9/8/2011.
An active checking status requires at least two of the following criteria are completed within the same calendar month: 1) recurring direct deposit (at least 2 consecutive direct deposits of at least $250. For monthly direct deposits, a direct deposit in the preceding month will count to satisfy this criteria.); 2) 3 Bill Payer Plus transactions, and 3) 5 check card transactions.
SDCCU's myChecking account is a free checking account with e-statements.
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 $5.23 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 5 stars (out of 5) with a Texas Ratio of 9.52% (above average) based on June 2011 data. The credit union is federally insured by the NCUA (Charter # 61004).
How The CD Rate Compares?
The best 5-year CD rate at an all-access credit union is 2.68% APY at Melrose Credit Union. The best nationally available 5-year CD rate at a bank is 2.50% APY at Airbanking. Rates are accurate as of 9/8/2011.
Searching for the Best CD and IRA CD Rates
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