Select independently determines what we cover and recommend. We earn a commission from affiliate partners on many offers and links. This commission may impact how and where certain products appear on this site . Read more about Select onis currently offering a 5-month CD with a rate of 9.50% annual percentage yield . However, it's a limited-time offer and only available to people living in certain Southern California counties.
While some credit unions offer membership to anyone in the nation, California Coast Credit Union isn't one of them. You'll need to be a resident one of the following Southern California counties to qualify for membership:California Coast Credit Union members can earn the Celebration Certificate's 9.50% APY by funding the certificate with new money that hasn't been deposited with the credit union before .
You also can't have previously opened a Celebration Certificate CD, as it's limited to one per social security number. Finally, you must either have an active checking account with eStatements or one of the following:New regular certificate with a minimum balance of $5,000New consumer loan excluding share secured loans and Mastercard credit card account
All of these qualifications must be met 30 days after opening your Celebration Certificate account. Otherwise, you may get a reduced APY for the remainder of the CD's term.Along with the one-time $5 membership fee, you'll also need to deposit at least $500 into the CD and a maximum of $3,000, but there are no monthly maintenance fee requirements.