NEW YORK – Patelco Credit Union was highlighted in a recent Barron's article for its higher-than-average rate on one of its certificate of deposit. The financial publication touted $3.5 billion Patelco for the 4.06% rate on its 11-month Spring Special Certificate. The CD requires a minimum $25,000 balance in checking, savings, or money market account for the entire term of the certificate. In the Feb. 21 online article, Barron's also pointed out that Patelco's certificate "is not guaranteed by a federal agency but by a private entity, American Share Insurance." The publication also liked the 3% rate on Emigrant's money market account and the 4.15% rate on Intervest National Bank's three-year CD.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.