4.00% 48-Month & 3.25% 24-Month IRA CDs at America's Christian Credit Union - Easy Membership

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America's Christian Credit Union is having an IRA promotion with two very competitive rates on its IRA CDs: 4.00% APY for 48 months and 3.25% for 24 months. Minimum deposit is $500. Offer is valid through April 15, 2009. These rates are listed at this credit union page as of 4/06/09. Note, these rates are only available for IRA certificates and not regular certificates.

According to the credit union's Who Can Join Page, "individuals who align themselves with Wesleyan Christian doctrine." are eligible to join. Refer to that page for more details.

This might sound familiar with another California credit union, Christian Community Credit Union, which has similar eligibility requirements. However, one important difference is that America's Christian Credit Union is federally insured by the NCUA (Charter # 68062).

Branches are located in Glendora, Loomis and Azusa, California and in Wichita, Kansas.

The credit union has decent ratings for safety and soundness: 4 stars (excellent) at BauerFinancial (based on 12/31/08 data) and 3 stars (performing) at Bankrate.com (based on 9/30/08 data).
Comments
scott
scott (anonymous)   |     |   Comment #1
Easy Membership? Not if you're Jewish :)
Anonymous
Anonymous   |     |   Comment #2
There is another important difference from Christian Community Credit Union. CCCU's membership requires subscribing to a relatively innocuous statement of Christian faith, something that practically any Christian, whether Catholic or Protestant, could do in conscience. But this credit union specifies the "Wesleyan" Christian faith (i.e. Methodist). Maybe this doesn't matter to some people, but it will for others.
Mary
Mary (anonymous)   |     |   Comment #3
Thank you Bank Guy for just reporting on bank deposit options. Please do not be influenced to censure which financial institutions’ offers should be reported.
Anonymous
Anonymous   |     |   Comment #4
Mary's right.

Report on all the banks.
Then we can decide for ourselves.

Thanks again, Banking Guy, for a job being well done. Great Site!
Mary
Mary (anonymous)   |     |   Comment #5
Scott, I want to apologize for how my post read. Banking Guy reports on all bank deals and provides incredible information. His non-censured reporting brings questionable practices to our attention.
We each need to take that information our self and then decide if we should consider doing business with objectionable companies, or even if we should pursue stronger action against discrimination that is blatant or insidious.
5.54% 12-Month CD and $50 Gas Card at America's Christian CU
America's Christian Credit Union is offering a certificate special with two competitive CDs and a $50 gas card for deposits of at least $5K. The certificates include a 5.38% APY 9-month CD and a 5.54% APY 12-month CD. Offer Expires 9/30/06 or until ACCU's $7 million cap is reached, whichever is first. Only one gas card per household.

This credit union often has certificate specials. The last one I reported on was in April.

The credit union's field of membership is based on membership in several Christian organizations. If you are not...



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5.38% 9-Month CD at a CU Open To All
America's Christian Credit Union is offering a special 5.38% APY 9-month CD. The minimum deposit is $1K. The offer is good through 4/30/06 or until the credit union's $5 million cap is reached.

The credit union's field of membership is based on membership in several Christian organizations. If you are not a member of these, you can still join by signing a statement of service and mailing it along with your membership documents.

A $25 initial deposit to the savings account and a one-time $5 membership fee is required for membership.

The credit...





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