2.00% 6-Month CD at Verity Credit Union in Washington State - Local Only

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Verity Credit Union is offering a 6-month certificate special with a 2.00% APY. Minimum deposit is $1,000. It's scheduled to end on November 13, 2009. This special is listed in this credit union page as of 11/10/2009.

Membership is open to anyone who lives, works or worships in Washington State. Please refer to their membership page for more details. Membership requires a $5 fee and a minimum deposit of $5 in the share savings account. However, the savings account requires a minimum balance of $200 to avoid a quarterly service fee.

Branches are located in Seattle, Auburn and Lynnwood.

The credit union's ratings for safety and soundness are a little weak: 2 stars (below peer group) at Bankrate.com and 3 stars (adequate) at BauerFinancial. Both ratings are based on 6/30/09 financial data. The credit union is federally insured by the NCUA (Charter # 68517).

Thanks to the reader who emailed me info on this special.

Other Competitive Certificate of Deposit Rates
Comments
Wachovia Online Banking
Wachovia Online Banking (anonymous)   |     |   Comment #1
Well this is a good deal. Membership offer is good and requires $200 minimum balance. However, it is only for Washington state locals only.
Sarah N.
Sarah N. (anonymous)   |     |   Comment #2
FYI, verity has a new member referral bonus (both the new member & referrer get $25). If you're planning to open an account it's worth finding someone who already banks there.

Also, when I opened the account the rep said they don't enforce the $200 min savings account to avoid fees, and I found this to be true. Note: this might only be if you have high-interest checking, I'm not sure.
2.55% Reward Checking Account at a Washington State CU (Verity)
Update 1/10/10: The top rate has fallen to 2.55% APY. See bottom of post for the rate history.

Verity Credit Union has a reward checking account called Cartwheel Checking that pays 2.55% APY on balances up to $10,000 (0.75% for over) and refunds ATM fees (up to $25 per cycle) if the following monthly requirements are met: 1) 12 debit card point-of-sale transactions, 2) receive electronic statements, and 3) access online banking. If these are not met, the rate falls to 0.10%. There are no monthly balance requirements or monthly service...

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10% 10-Month CD at a Washington State CU - $1K Max* (Verity)
Verity Credit Union is offering what it calls a 10 for 10 certificate special. New members can purchase one 10% APY 10-month certificate with a minimum/maximum deposit of $1K. A checking account is required. Current members are eligible for one 10 for 10 certificate for each new member they refer who also opens a 10 for 10 certificate. The offer is available from October 10 to 23, 2006.

This is similar to the 8% CD special that Chartway Credit Union had offered several months ago except it has only a $1K...

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5% 6-Month CD at a Washington State CU
Verity Credit Union is offering 5.0% APY on its 6-month, 9-month and 12-month CDs. The minimum deposit is $1K and the maximum is $100K. The offer ends on April 8, 2006. These special certificates of deposit don't seem to be listed at the credit union's website, but were advertised in Sunday's Seattle newspaper and is available online here.

The credit union's field of membership includes all those who live, work, worship or go to school in any county within Washington State.

Verity is NCUA insured with $329 million in assets and over...



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