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Pacific Transportation Federal Credit Union’s 9 month CD rate

April 26th, 2009 Posted in Best CD Rates

Warning: The rates featured on this page are likely outdated. Visit our CD Rates Center for updated rates and special offers.

An outstanding 9 month CD rate was pointed out to us over the weekend by BankVibe reader Riza. Currently Pacific Transportation Federal Credit Union of Los Angeles, California is offering a 9 month CD yielding 3.0% APY for new money deposits. This is nearly double the national average for 1 year CD rates!

The 3.0% APY certificate of deposit with maturities under 2 years is a fairly elusive creature currently, usually only showing itself in smaller local credit unions and banks. If you happen to find a nationally available savings rate of above 3% with a VARIABLE INTEREST RATE odds are it’s a teaser rate. (Note that this rate is fixed.)

Certificate of deposit rates offered through Pacific Transportation Federal Credit Union:

9 month CD – 3.0% APY

3 year CD – 3.0% APY

4 year CD – 4.0% APY

5 year CD – 5.0% APY

All of these deposits come with a minimum investment amount $3k. Rates became effective March 30, 2009.

Who can join Pacific Transportation Federal Credit Union:

If you live or work in the greater Los Angeles area then there is a decent chance you are eligible for a membership with Pacific Transportation Fed Credit Union. If you work for one of their roughly 150 participating companies you are automatically eligible.



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