Beal Bank has a solid presence all the way up the southern California coast – with many branches in Orange County and even as far north as Sacramento. Founded in just 1988, Beal Bank has grown substantially over the years. Today they control almost $3.5 billion in assets.

Other high yielding deposit products in San Diego:

Outside of two offers from Beal Bank, there are still a number of other respectable rates on CD’s in San Diego and southern California. First, as we’ve mentioned several times here on BankVibe.com, Navy Federal Credit Union is still offering their “Easy Start Certificate.” This product isn’t designed for those looking to store a large chunk of change in a deposit (due to it’s maximum balance of $1,000) but it’s great for first time savers as it features an APY of 3.0% for 12 month deposits. NFCU has a few branches in the greater San Diego area.

You may want to also check out Neighborhood National Bank, of National City, CA, as it’s currently featuring a 12 month CD yielding 1.06% APY with an, albeit rather hefty, minimum deposit requirement of $10,000.

OneWest Bank, based out of LaJolla, CA, has a noteworthy 6 month CD as well. Currently with a minimum deposit of $1,000, southern California deposit-seekers can lock in a six month CD yielding 0.85% APY with OneWest.

Below are the details regarding this product and other deposit rates from First Choice Bank.

First Choice CD Rates, Terms and Conditions:

(Rates accurate as of August 2011. Visit FirstChoiceBankCA.com for updated rates and information or visit our CD rates center for updated rates from around the country.)

First Choice Bank of California breaks down their deposit products in terms of days and amount of money invested. So for example, if you keep your money in a 12 month CD (365 days) and invest between $2,500 and $50,000 you’ll receive an APY of 1.20%, however, if you opt for a 366 day CD (one day over one year) you’ll get an APY of 1.30% AND if you invest between $50,001 and $499,999 you’ll get your rate bumped up a little more to 1.35% APY.

Complete list of rates:

One word of caution – according to their website their rate tables have not been updated since December of 2010.

6 month CDs

Opus Bank has a 6 month CD yielding 1.15% APY with a minimum deposit of $10,000. Opus Bank has a number of branches in California, however, this particular offer comes from the Torrence, CA branch but may be available at all of their locations. The next best offer comes from Omni Bank out of San Jose, California. They have a 6 month CD yielding 1.1o% APY with a minimum deposit of $5,000 required.

12 month CDs

There are several 12 month CD’s in the bay area with interest rates that are significantly beating the national average. The first is a 12 month CD from Mid-Cities Financial Institution yielding 1.50% APY with a minimum deposit of only $100 required. The current national average for 1 year CD rates sits at roughly 1.00% APY (to put this offer in perspective). The second noteworthy offer comes from a Pacific Mercantile Bank. They have a 12 month CD yielding 1.31% APY with a minimum deposit of $1,000 required. The third offer comes from American Airlines Federal Credit Union. This credit union frequently offers significantly higher interest rates than the national average on the majority of their savings products, however, they are a fairly exclusive credit union when it comes to membership. They primarily serve employees of American Airlines and their families so if you have a relative working for this airline company you may be able to join. Their 1 year CD is yielding 1.26% APY with a minimum deposit of $10,000 required.

24 month CDs

First Imperial Credit Union has a 2 year CD yielding 1.70% APY with a minimum deposit of $500 required. To put this offer in perspective the national average for 3 year CDs sits at roughly 1.50% APY. The next best offer comes out of San Francisco from a credit union called Alliant Credit Union. They have a 2 year CD yielding 1.60% APY with a minimum deposit of $1,000 required.

If you live in the bay area and know of a better CD rate offered through your local bank or credit union, please share by leaving a comment. You may also want to compare these offers with the best CD rates in San Francisco.

United Pacific Bank, a small bank based out of the City of Industry, California is offering new and existing customers a 6 month CD yielding 1.48% APY. The rates associated with their deposits are actually set up in tiers. You can earn the 1.48% APY on deposits from 180 – 364 days. If you opt for a 1 year CD (or a CD maturing between 365 days to 17 months) you can earn 1.68% APY. The national average for 12 month CDs sits at roughly 1.20% APY.

United Pacific Bank is a private commercial bank specializing in commercial and international banking products for emerging middle-market companies. Their primary business and areas of expertise (as they refer to it) include corporate commercial banking, real estate finance, small business administration and corporate finance.

Branch Locations and Contact Info:

1630 S. Azusa Ave.
City of Industry, CA 91748
Tel: (626) 965-6230 begin_of_the_skype_highlighting (626) 965-6230 end_of_the_skype_highlighting
Fax:(626) 965-2840

101 W. Garvey Ave.
Monterey Park, CA 91754
Tel: (626) 312-2080 begin_of_the_skype_highlighting (626) 312-2080 end_of_the_skype_highlighting
Fax:(626) 312-2088

Below are the highest yielding CD (certificate of deposit) rates available to the residents of San Jose, California. These come in the form of 6 month CDs, 12 month CDs and 24 month CDs. After sorting through dozens of rate pages by local community banks and credit unions serving the city of San Jose as well as central California, we found that for the most part, you will be able to receive slightly better rates with national institutions than with local ones.

Keep in mind interest rates are time-sensitive in nature, so you will want to refer to the date of this article for accuracy. To get the most CD current rates from national banks, compare CD rates nationwide. 

How did we compile this list? As you are probably aware, higher CD rates tend to accompany longer maturities and since we did not want to strictly list long maturity CD’s we decided to list the deposit rates which beat the national average by the highest margins.

Best 6 month CD rates in San Jose, CA:

• Hanmi Bank (Santa Clara branch) has a 6 month CD yielding 1.86% APY with a minimum deposit of $1,000 required.
• Nexity Bank has a 6 month CD yielding 1.65% APY with a minimum deposit of $1,000 required. They are a national bank and can accept deposits from any state.
• Omni Bank, National Association has a 6 month CD yielding 1.50% APY with a minimum deposit of $5,000 required.

Best 12 month CD rates in San Jose, CA:

• Technology Credit Union (San Jose branch) has a 12 month CD yielding a whopping 3.50% APY with a minimum deposit of $1,000 required.
• American Airlines Federal Credit Union has a 12 month CD yielding 2.12% APY with a minimum deposit of $10,000 required.
• Far East National Bank has a promotional 11 month CD yielding 2.0% APY with a minimum deposit of $5,000 required.

Best 24 month CD rates in San Jose, CA:

• Hudson City Savings Bank has a 24 month CD yielding 2.50% APY with a minimum deposit of $5,000 required. This is a national institution and can accept deposits from any state.
• Pacific National Bank (Campbell, CA) has a 24 month CD yielding 2.30% APY with a minimum deposit of 2.30% APY required.
• Valley Credit Union has a 24 month CD yielding 2.30% APY with a minimum deposit of $1,000 required.

Keep in mind interest rates are time-sensitive in nature, so you will want to refer to the date of this article for accuracy. To get the most CD current rates from national banks, compare CD rates nationwide. 

How did we compile this list? As you are probably aware, higher CD rates tend to accompany longer maturities and since we did not want to strictly list long maturity CD’s we decided to list the deposit rates which beat the national average by the highest margins.

Best 6 month CD rates in San Diego, CA:

• Hanmi Bank has a six month CD yielding 1.86% APY with a minimum deposit of $1,000 required.
• First Bank (San Diego branch) has a 6 month CD as well as a 9 month CD yielding 1.65% APY with a minimum deposit of $1,000 required.
• La Jolla Bank FSB has a 6 month CD yielding 1.65% APY with a minimum deposit of $10,000 required. 

Best 12 month CD rates in San Diego, CA:

• Metro United Bank has a 12 month CD yielding 2.0% APY with a minimum deposit of $5,000 required. 
• Pacific Trust Bank (San Diego branch) has a 13 month promotional CD yielding 2.0% APY with a minimum deposit of $5,000 required.
• San Diego National Bank out of La Jolla has a 12 month CD yielding 2.0% APY with a minimum deposit of $1,000 required. 

Best 24 month CD rates in San Diego, CA:

• Hudson City Bank has a 24 month CD yielding 2.50% APY with a minimum deposit of $5,000 required. This is a national institution and can accept deposits from any state.
• La Jolla Bank has a 24 month CD yielding 2.30% APY with a minimum deposit of $10,000 required. 
• Imperial Capital Bank has a 24 month CD yielding 2.26% APY with a minimum deposit of $2,000 required. 

Keep in mind interest rates are time-sensitive in nature, so you will want to refer to the date of this article for accuracy. To get the most CD current rates from national banks, compare CD rates nationwide. 

How did we compile this list? As you are probably aware, higher CD rates tend to accompany longer maturities and since we did not want to strictly list long maturity CD’s we decided to list the deposit rates which beat the national average by the highest margins.

Best 6 month CD rates in San Francisco, CA:

• Pacific Service Credit Union (San Fran branch) has a 6 month CD yielding a whopping 3.50% APY with a minimum deposit of $1,000 required. This credit union has a strict eligibility check-list for membership.
• Far East National Bank has a 6 month CD and an 11 month CD yielding 2.0% APY with a minimum deposit of $5,000 required.
• Hanmi Bank (San Francisco) has a 6 month CD yielding 1.86% APY with a minimum deposit of $1,000 required.

Best 12 month CD rates in San Francisco, CA:

• Far East National Bank has the 11 month CD yielding 2.0% APY with a minimum deposit of $5,000 required.
• Metro United Bank has a 12 month CD yielding 2.0% APY with a minimum deposit of $5,000 required.
• iGoBanking has a 12 month CD yielding 2.0% APY with a minimum deposit of $1,000 required. This is an online bank which can accept deposits from any state.

Best 24 month CD rates in San Francisco, CA:

• Hudson City Savings Bank has a 24 month CD yielding 2.50% APY with a minimum deposit of $5,000 required. This is a national bank as well and can accept deposits from any state.
• Pacific National Bank has a 24 month CD yielding 2.30% APY with a minimum deposit of $1,000 required. 
• GateWay Bank (San Francisco) has a 24 month CD yielding 2.35% APY with a minimum deposit of $10,000 required.

Keep in mind interest rates are time-sensitive in nature, so you will want to refer to the date of this article for accuracy. To get the most CD current rates from national banks, compare CD rates nationwide. 

How did we compile this list? As you are probably aware, higher CD rates tend to accompany longer maturities and since we did not want to strictly list long maturity CD’s we decided to list the deposit rates which beat the national average by the highest margins.

Best 6 month CD rates in Los Angeles, California:

• United Pacific Bank has a 6 month CD yielding 1.88% APY with a minimum deposit of $2,500 required. They have locations throughout the general LA area, primarily operating out of Monterey.
• Hanmi Bank has a 6 month CD yielding 1.86% APY with a minimum deposit of $1,000 required. They have locations in both LA and Gardena, CA.
• California Business Bank (Los Angeles branch) has a 6 month CD yielding 1.77% APY with a minimum deposit of $10,000 required.

Best 12 month CD rates in Los Angeles, California:

• Baxter Credit Union has a 12 month CD yielding 2.50% APY with a minimum deposit of only $50 required. Baxter CU primarily operates out of Los Angeles, however membership may be difficult to obtain.
• American Airlines Federal Credit Union (Los Angeles branch) has a 12 month CD yielding 2.12% APY with a minimum deposit of $10,000 required. 
• First Entertainment Credit Union has a 12 month CD yielding 2.09% APY with a minimum deposit of $1,000 required. They have locations (either physical branch or ATM) in the greater LA area, but primarily operate out of Hollywood, CA.

Best 24 month CD rates in Los Angeles, California:

• Mutual of Omaha Bank has a 24 month CD yielding 2.35% APY with a minimum deposit of $1,000 required. They have locations in Los Angeles.
• Imperial Capital Bank has a 24 month CD yielding 2.33% APY with a minimum deposit of $2,000 required. This branch is located in Beverly Hills, CA.
• State Bank of India (formerly IndyMac) is headquartered in LA and is offering a 24 month CD yielding 2.30% APY. This is a national bank and can accept deposits from customers nationwide.

Top 3 CD rates (Pleasanton, California)

(these rates may be available outside Pleasanton as well)

Patelco Credit Union: Hayward, California. 12 month CD yielding 7.0% APY with a MAXIMUM deposit amount of $1,000. Patelco CU offers it’s members a wide range of financial products from home loans and insurance to savings products and IRA’s. They claim to be one of the most financially sound credit unions in the country and also claim to have avoided the sub-prime lending frenzy. They are a not-for-profit member-owned financial institution.

CitiBank, National Association: Dublin, California. 25 month CD yielding 2.40% APY with a minimum deposit amount of $5,000. This product is not exclusively available at CitiBank’s Dublin, CA branch. This is a nationally available product. CitiBank also has a checking account sign-up bonus to new customers.

US Bank, National Association: Dublin, California. 59 month CD yielding 4.0% APY with a minimum deposit amount of $1,000. Again, this is another product available to customers nationwide.

If you reside in Pleasanton, CA or the surrounding area and know of a local rate that is higher than the ones listed above, please share by leaving a comment!