Meriwest Credit Union 4.20% 5 Year CD
Meriwest Credit Union is offering a couple pretty competitive CDs. They have a 4.20% APY 5 year certificate of deposit and a 4.10% APY 4 year CD. The minimum deposit on both CDs is $1,000.
edit: Meriwest is no longer offering this rate. Check here for the latest CD rates.
Membership to Meriwest is open to those who reside in the San Fransisco Greater Bay Area, or Tucson, Arizona. Eligible Caliofrnia counties include Santa Clara, Alameda, Contra Costa, San Mateo, or San Francisco County. Membership is also open to select employer groups, such as IBM. The membership fee is a low $5.
Branches are located in California cities of San Jose, Milpitas, Sunnyvale, San Mateo, Mountain View, Palo Alto, Menlo Park, Dublin and San Ramon as well as Tucson, Arizona.
Meriwest has a 2 star soundness rating at bankrate which is a mid-ranged rating. Meriwest is federally insured by the NCUA.
Other Top CD Rates
Finding a CD rate above 4% is pretty hard these days. Another option for California residents is the 4.05% APY 13 month CD at Western FCU. Western FCU also has longer term CD rates that are even higher and extend up to 4.61% APY. For the latest bank rate deals, see my latest weekly bank rate summary.