3.15% 8-Month CD at Canyon State Credit Union in Arizona (up to 3.65%)

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Update 2/28/09: The CD rates have fallen. The new base rates range from 2.50% to 2.65% APY.

Canyon State Credit Union is having another March Madness CD promotion with an 8-month certificate. The base yield of the 8-month certificate ranges from 3.00% APY for a $1,000 minimum to 3.15% APY for a $100,000 minimum. If you pick a Final Four team, the APY increases 0.25%. If you pick the champion, the yield increases to 0.50%. All certificates must be opened by March 18, 2009.

Last year the credit union had the same promotion, but the base rate was up to 4.65% APY. It's much lower this year as you would expect with the current rate environment, but it's still an excellent deal even if you don't pick the right team.

Membership is open to those who live, work or worship in most areas of Arizona. Please see the credit union's Member Eligibility page for the full details. Membership requires a minimum deposit of $25 in the savings account.

Branches are located in Phoenix, Goodyear, Payson, Tempe and Tucson, AZ. The credit union is federally insured by the NCUA (Charter # 68502).
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4.65% 8-Month CD at an Arizona CU - Up to 5.15% (Canyon State).
Update 3/22/08: This CD special has ended.

Here's the first March Madness special CD for this season. It's being offered by Canyon State Credit Unioin. The base yield of the 8-month certificate ranges from 4.50% APY for a $1,000 minimum to 4.65% APY for a $100,000 minimum. If you pick a Final Four team, the APY increases 0.25%. If you pick the champion, the yield increases to 0.50%. All certificates must be opened by March 19, 2008.

Membership is open to those who live, work or worship in most areas of Arizona....



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6.00% 12-Month CD Still Available to Arizonians (Canyon State)
Canyon State Credit Union is still offering a 6.00% APY 12-month share certificate. The minimum deposit is $1,000. There are also other competitive CD rates for terms from 6 months to 5 years. All CDs are also available as IRA certificates.

I had first reported on this CD last month. I thought it was worth mentioning again since most everyone in Arizona can qualify for membership. See their how-to-join page for more details. Branches are located in Phoenix, Goodyear, Tempe, Tucson and Payson.

The credit union is NCUA insured. It has $148...



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6.00% 12-Month CD at an Arizona CU (Canyon State)
Canyon State Credit Union is offering a 6.00% APY 12-month share certificate. The minimum deposit is $1,000. There's also a 6-month CD with competitive rates that range from 5.60% APY for a $1k minimun to 5.75% APY for a $100k minimum. All CDs are available as both regular and IRA certificates.

The field of membership includes most Arizona residents. Branches are located in Phoenix, Goodyear, Tempe, Tucson and Payson.

The credit union is NCUA insured. It has $148 million in assets and 23,350 members.

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