Meriwest Credit Union is currently running two promotions. One is a special share certificate with a yield of 7.50% APY and a term of 12 months. The minimum and maximum deposit is $1,000. New membership and checking account are required. Existing members may open this CD if they refer a new member who opens this CD and a checking account.

The $1K cap applies to a member and not a household, so having more than one person open an account could increase the cap.

The other promotion is a checking account bonus in which you can earn up to $100: $50 for signing up for Direct Deposit and another $50 for setting up Online Bill Pay. The fine print details include:

• $1,000.00 per month minimum ongoing payroll Direct Deposit required to qualify for Direct Deposit bonus
• Active Bill Pay requires at least 2 bills paid with a 60-day period. Qualifying bill payments must be paid within 90 days of signing up for Online Bill Pay
• Limit one (1) Direct Deposit bonus and one (1) Bill Pay bonus per household
• Bonus may be reported as income to the IRS. Membership is required with a one-time, non-refundable $5 fee

Field of membership includes those who live, work or study in Santa Clara, Alameda, Contra Costa, San Mateo, or San Francisco County. Select Employer Groups include IBM employees and retirees. Family members and other SEG’s can also qualify. Membership requires a one-time fee of $5.

Branches are located in California cities of San Jose, Milpitas, San Mateo, Mountain View, Palo Alto, Menlo Park, Dublin and San Ramon. There are also two branches in Tucson, Arizona.