Credit Union of Southern California Launches Limited-Time Share Certificate Offering 7% APY
Credit Union of Southern California (CU SoCal) has introduced a limited-time Share Certificate offering an annual percentage yield (APY) of 7%, available for a seven-month term. The offer is open until December 31, 2026 and requires a minimum deposit of $500 with a maximum limit of $7,000 in new funds. This product allows savers to earn competitive returns without long-term commitments or large initial investments. Suzie Kisslan, Chief Operating Officer at CU SoCal, emphasized that the certificate was designed for accessibility and flexibility, enabling more members to benefit from high yields on their deposits. New accounts can be opened online, in person at branches, or via phone. The credit union highlights its not-for-profit status and member-focused approach as key differentiators. CU SoCal is a federally chartered institution with over $4 billion in assets serving 187,000 members across California and Arizona. This offering reflects the current competitive landscape for high-yield savings products amid rising interest rates.
