Premier America Credit Union Adds 16-Month CD, 3.00% APY

POSTED ON BY

Deal Summary: 16-month Fall Certificate Special, 3.00% APY, $1k minimum deposit

Availability: Easy Membership Requirement

The autumnal equinox was about 10 days ago. California-based Premier America Credit Union (Premier America CU) is marking the change of season by offering a 16-month Fall Certificate Special (3.00% APY). This limited-time offer requires a minimum deposit is $1k, with no stated balance cap.

As stated in the Fall Certificate Disclosure, the Early Withdrawal Penalty reads as follows:

A withdrawal of all or a portion of the principal before the maturity date shall be subject to an early withdrawal penalty of 180 days loss of dividends and may cause the cancellation of the Certificate.

Availability

Headquartered in Chatsworth, California, Premier America Credit Union’s field of membership offers a way to join for almost any US resident who has a valid Social Security number. The online application lists three different routes to membership.

Easy Membership Requirement: Joining the Alliance for the Arts, automatically qualifies you for Premier American CU membership. The last option on the online application reads, "None of the above apply. I want to join Thousand Oaks Alliance for the Arts."

California Residency: Individuals who live, work, worship, or attend school in Los Angeles County or Ventura County are eligible to join.

Texas Residency: Individuals who live, work, worship, or attend school within 10 miles of the Westchase branch in Houston qualify for membership.

Family Relationship: Family members of current Premier America CU members are eligible to join.

Information about membership eligibility is available on the first page of Premier America CU’s time-sensitive online application.

Applying for membership and/or opening a Fall Certificate Special can be done online or at any of 19 California branches located in Burbank (2), Camarillo, Chatsworth, Granada Hills, Oxnard (2), Reseda, Santa Monica, Simi Valley (2), Thousand Oaks, Universal City, Valencia, Venture, Westlake Village (2), and Woodland Hills (2). Premier America CU also has two branches in Houston.

Credit Union Overview

Premier America Credit Union has an overall health grade of "A" at DepositAccounts.com, with a Texas Ratio of 7.92% (excellent) based on June 30, 2018 data. In the past year, Premier America CU has increased its total non-brokered deposits by $106.13 million, an excellent annual growth rate of 5%. Please refer to our financial overview of Premier America Credit Union (NCUA Certificate # 68428) for more details.

Premier America Credit Union was originally established in 1957 as the Litton Employees Federal Credit Union, benefiting Litton Industries employees throughout Southern California. (Named after inventor Charles Litton, Sr., Litton Industries was a large defense contractor, which was bought by the Northrop Grumman Corporation in 2001.) In 1963, Litton Industries acquired Western Atlas (a Texas oil and gas company), giving the Credit Union a foothold in Texas. Premier America CU was the last out-of-state credit union to expand into Texas just days before the state’s credit union commission adopted a rule in 1999 prohibiting such expansion. Currently the 19th largest credit union in California, Premier America Credit Union has more than 107,100 members and assets in excess of $2.5 billion.

How the Fall Certificate Special Compares

When compared to 169 similar length-of-term CDs tracked by DepositAccounts.com that require a similar minimum deposit and are available nationwide, Premier America Credit Union's 16-month Fall CD Special APY currently ranks first.

*FYI – NASA FCU's 15-months Share Certificate rate dropped yesterday to 2.75% APY.

The above rates are accurate as of 10/2/2018.

To look for the best CD rates, both nationwide and state specific, please refer to our CD Rates Table page.

Related Pages: Houston CD rates, Los Angeles CD rates, 1-year CD rates, nationwide deals

Comments
Russian Troll
Russian Troll   |     |   Comment #1
There's some rumors going around about this special in the comments section for the CU.
According to the CSR I talked to day there's no 25K limit on the CD - or, a 20K limit on ACH if you do a push from somewhere else.
They do have a rather paltry 10K limit per month limit on outbound ACH from the CU.
To get more than that out you'd have to do a pull from somewhere else.
This information is in direct contradiction to a very detailed post that was made recently.
Before I'd bite on this one, I'd have to get something in writing via email if you're concerned about the above.
#2 - This comment has been removed for violating our comment policy.
#3 - This comment has been removed for violating our comment policy.
Premier America Credit Union Offers In-Branch 16-Month CD Special
Deal Summary: 16-month Diamond Certificate Special, 1.70% APY, $25k minimum deposit, must be opened in-branch.

Availability: Easy Membership Requirement

California-based Premier America Credit Union (Premier America CU) is celebrating its 60th anniversary. To mark the occasion, Premier America CU is offering a 16-month Diamond Certificate Special (1.70% APY). The minimum deposit is $25k, with no stated balance cap. As a “thank you” to its members, this Certificate Special does not require new money. There is one requirement that limits its availability to Southern...

Continue Reading
Premier America CU Offers Nationally Available 12-Month CD
Availability: Easy membership

California-based Premier America Credit Union (Premier America CU) is offering a 12-month CD (1.30% APY, $100k minimum, no balance cap). This is the highest APY for the 12-month CD in its 5-year history, which includes 14 rate changes.

All of Premier America CU’s CDs have APYs based on four deposit tiers of $1k, $10k, $25k, and $100k; the 12-month CD’s tiered APYs are 0.95%, 1.00%, 1.25%, and 1.30%, respectively.

The 12-month CD is also available as an IRA (Traditional, Roth, and CESA) earning the...

Continue Reading
Special 13-Month CD at Premier America Credit Union in SoCal
Availability: Los Angeles area

Premier America Credit Union is advertising a new-branch CD special that’s a good deal. It’s only available at one of its Southern California branches. The special is a 13-month CD with a 1.30% APY. Minimum deposit is $1,000, and there is no maximum deposit. The special isn’t listed at the credit union’s website. The deal was advertised in the newspaper, and a DA reader emailed me news of it (Thanks!) I received the details of the deal by calling the credit union. According to the...

Continue Reading
Special 13-Month CD at Premier America Credit Union

It's difficult finding short-term CDs with rates over 1.00% these days. This is especially the case if you prefer to open a CD at a brick-and-mortar branch. If you're searching for this CD, you might be interested in the CD special at Premier America Credit Union. It has a 13-month term with a 1.03% APY. Minimum deposit is $1,000. It's available for IRAs and business accounts. This is a limited time offer. The special CD rate is listed in the credit union's rates page as of 3/13/2013.

Premier America Credit Union...

Continue Reading
12% 12-Month CD ($1,200 Max) at Premier America Credit Union in CA & TX - Local Only
Premier America Credit Union has a new low-max CD special called the 12-12-12 Certificate. It has a rate of 12% APY for a term of 12 months with a maximum deposit of $1,200. A checking account is required, and in addition to opening the checking account, a minimum of 3 debit card purchases per month and eStatements are required to earn the high rate, otherwise APY is 1.50%. Limit of one 12-12-12 Certificate per active checking account.

This promotion is similar to a checking account bonus. The 12% for 12...

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 feedback@depositaccounts.com 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.