1st United Credit Union Adds 40-Month CD Special


Deal Summary: 40-month Certificate Special, 3.00% APY, one-time rate bump, additional deposits at any time, $1k minimum deposit.

Availability: Residents of Alameda, Contra Costa, Kings, San Joaquin, Solano, Stanislaus Counties, California; Employees of three SEGs.

Last October, 1st United Credit Union (1st United) offered 3.00% APY on its 36-month Fixed Share Certificate. At the time, it was an exceptional rate that only lasted for a few days. 1st United has just added another 3.00% APY Certificate, but this time it’s a 40-month Certificate Special. While not as competitive as the earlier offering, it's still a good deal. The minimum deposit is $1k, with no stated balance cap. While there is no indication on the Credit Union’s website that this is a limited-time offer, based on last fall’s offering, the 40-month Certificate Special may not be around that long.

According to the online application, the 40-month Certificate Special is described as,

A flexible certificate that provides a high yield, allows a one-time bump in rate,
and ability to add funds, or withdraw your interest penalty-free at any time.

The Certificate Special is also available as an IRA (Traditional and Roth), earning a slightly higher 3.10% APY with the same funding requirements.

As stated in the Member Account Agreement and Disclosure document, the Early Withdrawal Penalty reads as follows:

The early withdrawal penalty will be equal to the lesser of the dividends earned or 90 days dividends on the amount withdrawn which will be deducted from any certificate account if a withdrawal is made prior to maturity.


Headquartered in Pleasanton, California, 1st United Credit Union’s field of membership (FOM) is primarily residency based.

Residency: Individuals who live, work, or attend school in Alameda, Contra Costa, Kings, San Joaquin, Solano, or Stanislaus County are eligible to join.

Employment: Since I last wrote about 1st United, the number of SEGs has been reduced from 20 to three. Employees of Alameda County, Alameda Health System, Washington Hospital qualify for membership.

Relationship: Immediate family members of current members, related by blood or marriage, are eligible for membership.

Joining 1st United and/or opening a Certificate Special can be done online, or at any of nine northern California branches located in Alameda, Berkeley, Castro Valley, Fremont, Hayward, Oakland (2), Pleasanton, and San Leandro.

Credit Union Overview

1st United Credit Union has an overall health grade of "A" at DepositAccounts.com, with a Texas Ratio of 2.31% (excellent) based on March 31, 2018 data. In the past year, 1st United has increased its total non-brokered deposits by $72.93 million, an excellent annual growth rate of 8.8%. Please refer to our financial overview of 1st United Credit Union (NCUA Charter # 63958) for more details.

Founded in 1932 as City & County Employees' Credit Union, 1st United Credit Union was one of the first credit unions in the State of California formed for the benefit of state and local government employees. The original FOM included Alameda County employees but was expanded to include employees of city and county hospitals and schools. Following a merger in 1996 with ALFA Federal Credit Union, the Credit Union's name was changed to better reflect the FOM. 1st United Credit Union became a community chartered credit union in 2001 and today has nearly 60,000 members and assets in excess of $1 billion.

How the Certificate Special Compares

When compared to the 261 similar length-of-term CDs tracked by DepositAccounts.com, that require a similar minimum deposit and are available within the FOM, 1st United Credit Union's 40-Month Certificate Special APY currently shares top billing with five other 3-year CDs offered by four credit unions and one internet bank.

These rates are accurate as of 7/12/2018.

Looking for the best CD rates, either nationwide or in your state? Please refer to our CD Rates Table page.

Related Pages: San Francisco Bay CD rates, 5-year CD rates

  |     |   Comment #1
A caveat:The Bump-up feature would never be executable if they don't offer "special" 40-month certificates again. From their rates page: "Bump: if we advertise a higher rate on the same certificate type and term"
  |     |   Comment #2
The question to ask them...for prior/similar offerings what happened at renewal. If not offered then, then it could be a fraud ...inquire and document
Not trust worthy
  |     |   Comment #3
It is California, never trust anybody or anything from them, look how they live:

1st United CU Adds Limited-Time 36-Month CD

UPDATE 10/8/17: This special 3% 36-month CD has now expired.

UPDATE 10/6/17: This special is scheduled to expire at the end of Saturday, 10/7/17. Member Contact Center and most branches are opened Saturdays from 9:00am to 1:00pm PT. More details about this special and the Triple Advantage features are now listed at this credit union page.

Deal Summary: 36-month Fixed Share Certificate, 3.00% APY, $1k minimum deposit.

Availability: Residents of Alameda, Contra Costa, Kings, San Joaquin, Solano, Stanislaus Counties, California; Employees of 20 SEGs, including several state and...

Continue Reading
1st United CU (CA) 24-month CD Has Bump-Up And Add-On Options
Deal Summary: 24-month Fixed Share Certificate, 2.00% APY, $1k minimum, one bump-up; additional deposits at any time.

Availability: Residents of Alameda, Contra Costa, Kings, San Joaquin, Solano, Stanislaus Counties, California; Employees of 20 SEGs, including several state and local government agencies.

Last month, 1st United Credit Union (1st United) raised the rate on its 24-month Fixed Share Certificate (2.00% APY) by an impressive 90 bps. This is the highest APY in the Share Certificate’s 18-month history. The minimum deposit is $1, with no stated balance cap.

Continue Reading
1st United Services CU (CA) Has Competitive 36-Month CD
Availability: Residents of Alameda and Contra Costa Counties, California; employees of SEGs, including several State and Local Government agencies.

1st United Services Credit Union (1st USCU) is offering a 36-month Fixed Share Certificate (2.00% APY). The minimum deposit is $1K, with no balance cap.

The 36-month Fixed Share Certificate is also offered as an IRA (Traditional and Roth) that earns a slighter higher APY of 2.10%, with the same opening deposit of $1K.

The fine print on the CU’s Deposit Rates page lists two advantageous conditions:

Continue Reading
Add-On CDs with Rates up to 2.85% at 1st United Services Credit Union in CA
1st United Services Credit Union is offering some competitive rates on its Add-On Certificates. There's a 2.60% APY for an Add-On CD with terms of 12 to 24 months. Minimum deposit is $1,000. There's also an Jumbo Add-On CD with a 2.60% APY for 6 months and a 2.85% APY for 12 months. Minimum deposit is $100,000. In addition to the add-on feature, the Jumbo CD includes a rate bump-up feature and a penalty-free one-time withdrawal feature. These same CDs are also available as IRA certificates. These rates are listed...
Continue Reading
4.00% 48-Month CD and Other CD Deals at 1st United Services Credit Union in California
1st United Services Credit Union is offering a 4.00% APY bump certificate with terms of 48 and 60 months. Minimum deposit is $2,000. It's available as both a regular and IRA certificate.

The bump feature allows you to make one request to bump up the rate during the term to the new advertised rate. It probably won't be useful for the next year or two. Nevertheless, a 4% APY is competitive now for a 48-month term regardless.

A more useful feature is the add-on option. The credit union is listing an add-on...

Continue Reading

More Past Offers

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.