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Savings Account Rates Deal of the Day in Sacramento: Schools Financial Credit Union at 7% APY

May 12th, 2010

School Credit Union

Investing in a certificate of deposit is an easy way to collect high interest rates on your money. Schools Financial Credit Union is making it even easier by offering an incredible 7% APY on CD accounts. This particular savings account interest rate is one of the best available today.

There are certain terms for top savings account you should be aware of, including:

  • The 7% APY savings account interest rate applies to the first $500 deposit amount
  • The 7% APY savings account interest rate does not compound on balances over $500
  • Balances exceeding $500 will earn a .25% APY
  • Customers must sign up for either e-statements, a free checking account, direct deposit or bill pay to qualify for savings account interest rate
  • Membership to the Schools Financial Credit Union is required to qualify to the savings account interest rate
  • NCUA insured

Schools Financial Credit Union is based in Sacramento, California and includes 12 full service branches throughout the state. The financial institution serves more than 113,000 members with $1.2 billion in assets.

Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.