5.15% 12-Month / 5.05% 5-Month CD at a California CU (San Mateo).

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San Mateo Credit Union continues to offer some nice special certificates, but the rates continue to go down. The 12-month term is now 5.15% APY (was 5.25%) and the 5-month term is now 5.05% APY (was 5.50%)

The minimum deposit is $10,000 of new money. The maximium deposit is $100,000. Unlike before, these seem to be available at all of their branches.

Last month the 5-month CD yield was 5.75% and the 12-month CD yield was 5.50%.

Membership is open to those who live, work or attend school in San Mateo County, California. You can also be eligible via select employee groups and via family. Please see their Membership page for details. Membership requires a one-time fee of $10.

Branches are located in Redwood City, San Mateo, South San Francisco and Daly City. The Westlake branch is located in Daly City. The credit union is federally insured by the NCUA (Charter # 62736). It has $613.6 million in assets and 62,655 members.

Edit 1/5/08: Updated the rates and links.
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5.50% 5-Month / 5.25% 12-Month CD at a California CU (San Mateo)
Update 12/15/07: The 7% 7-month CD has ended. The rates on the 5-month and 12-month CD specials have dropped to 5.50% APY for the 5-month CD and 5.25% APY for the 12-month CD.

San Mateo Credit Union will be offering a special 7.00% APY 7-month certificate. The minimum and maximum deposit is $5,000. You must be a new member, and it's only available at their Westlake branch on Friday and Saturday, December 7th and 8th. If you're already a member, you must refer a friend or family member to qualify for...

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5.75% 5-Month / 5.50% 12-Month CD at a California CU (San Mateo)
San Mateo Credit Union is offering two certificate specials. The first is a 5.75% APY 5-month certificate. The minimum deposit is $10,000, and it requires new money. It's only available at the credit union's On Broadway and Westlake branch locations. They've been heavily promoting this Broadway branch for awhile. In June, I reported on an 8% CD from this branch.

The second special is a 5.50% APY 12-month certificate. Like the 5-month special, the minimum deposit is $10,000, and new money is required. However, this one seems to be available at...

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8.00% 18-Month CD at a California CU - $2K Max (San Mateo).
San Mateo Credit Union is offering a special 8.00% APY 18-month certificate that's only offered at their Broadway Branch, and it's only offered this Saturday on June 23, 2007. The maximum deposit allowed is $2,000, and it's limited to one per member. Existing members must refer a new member.

With a $2K cap and a 18-month term, you'll earn about $90 over what you would earn if that $2K were in a 5% account. It's not a super deal, but it's not bad. The credit union is also still offering a...

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5.50% 12-Month CD at a California CU (San Mateo)
San Mateo Credit Union is offering a special certificate with a yield of 5.50% APY and a term of 12 months. The minimum deposit is $2,000.

Field of membership includes those who live, work or attend school in San Mateo County, California. You can also be eligible via select employee groups and via family. See site for details. Membership requires a one-time fee of $10.

Branches are located in Redwood City, San Mateo, South San Francisco and Daly City.

The credit union is federally insured by the NCUA (Charter # 62736). It has...





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6.00% 8-Month CD at a California CU (San Mateo)
San Mateo Credit Union is offering a special 6.00% APY 8-month certificate. The minimum deposit is $2K and the maximum deposit per member is $100K.

The field of membership includes those who live, work or attend school in San Mateo County. You can also be eligible via select employer groups and family. See site for details. Branches are located in Redwood City, San Mateo, South San Francisco and Dale City, California.

The credit union is federally insured by the NCUA. It has $564 million in assets and 59,682 members.



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