The Patelco Credit Union offers new customers 12 months CD with 7% APY if they open account with minimum deposit of $1,000. For individuals who want to get high interest yields on smaller amounts, credit unions such as Patelco are the way to go. There are not much information available online about this offer but it appears that most of the credit union’s other offers are average. The 12 month CD with 7% is a promotion that should be taken advantaged of while it is still available.
The Terms of the 12 Month CD
There are certain terms you need to be aware of if you plan to open this account. First, it is offered only for a limited time. Second, funds that are deposited here must come from an institution aside from Patelco. Third, the minimum and maximum deposit is $1,000. And lastly, it is only open to new members with one certificate for each member.
Your savings insured to at least $250,000 by National Credit Union Administration, a U.S. Government Agency.
To get the deal click here.
