Credit Union CD Rates

San Francisco FCU is offering a special 8-month certificate with a yield of 5.55% APY. The minimum deposit is $500, and the maximum deposit is $50,000. It has a one-time bump-up option which allows you to request a bump-up in the rate to the APY offered on their 6-month CD. I doubt this will be useful considering rates are falling and that their current 6-month CD yield for a $50K deposit is only 5.07% APY. This offer is scheduled to end on 10/31/07.

The credit union is federally insured by the NCUA (Charter # 24542). It has $600.6 million in assets and 30,207 members.