SchoolsFirst FCU headquartered in California is celebrating their 75th Anniversary and invites members to take advantage of their CD best interest rates. The money in the bank deal is a 3-year certificate of deposit with current interest rates of 3.00% APY.

The top cd rates can be enjoyed by opening the CD account with a minimum funding of $500. The deposit is capped at $75,000. The best cd rates can also be enjoyed by acquiring it as an IRA.

The credit union also offers their highest cd rates through two Add-On CDs. You can add on to your CD deposit but it is limited to the amount of your initial funding. One good thing about this is that you can do multiple add-ons. One of these certificates of deposit is a 17-month CD that yields 2.00% APY. Another is a 7-month certificate that earns 1.50% APY.

Membership to the SchoolsFirst FCU is primarily based on employment. You can be qualified if you are working for accredited schools in Southern California. You can checkout the details of membership on their website.

The credit union collects a $15 membership fee which can be paid online. You will also be required to have a $5 share savings deposit to be a member.

The credit union has offices spread across Southern California particularly in Santa Ana, San Bernardino, Cypress, Fullerton, Cerritos, Irvine, and Anaheim.

SchoolsFirst Federal Credit Union has very good reviews with regard to its soundness. BauerFinancial stamps its report with 4 stars while Bankrate.com gave 3 stars for soundness and safety. These ratings are based on their June 2009 data.

The credit union is covered by the NCUA through charter #24212.