It’s a sad state in our current low-interest-rate environment when a 1% CD is a pretty competitive one, but when it comes to 6-month CDs, that’s currently true. And that’s what Star One Credit Union is offering: a 6-month certificate yielding 1.00% APY. This CD has a minimum deposit of $2500 and $100 for IRA certificates. Unfortunately, Star One’s longer CDs don’t have much (or any) higher of rates: their 1-year CD is also yielding 1.00% APY, and their 2-year CD is barely better at 1.06% APY, neither of which is as competitive as the 6-month certificate.
Star One Credit Union is open to anyone who lives, works, or attends school in Santa Clara County, as well as members of many employer groups. Star One CU has five branches, all in California: two in San Jose, and one each in Cupertino, Palo Alto, and Sunnyvale.