Now that Penfed's 6.25% CDs have ended, it's nice to see 6.25% again. However, this credit union doesn't have easy membership. The field of membership is primarily based on Select Employee Groups. In addition to the Farmers Insurance Group, there are a few dozen other eligible employers. Most of these are in California. You can also be eligible via family. See site for details. Membership requires a minimum $5 deposit is required in the savings account.
Branches are located in Kansas, Ohio, Illinois, Texas, California, Indiana, Washington State, Arizona, Oklahoma, Colorado and Michigan.
The credit union is federally insured by the NCUA. It has $555.7 million in assets and 40,455 members.
[2/17/07 Edit: CD special seems to be over. It's no longer listed at the website.]