Patelco Credit Union is offering 8.00% apy on the first $1,000 in their “gr8 r8” youth share savings account through 12/31/2008. Balances over $1,000 currently earn a tiered regular share account rate based on your account balance. The minimum deposit requirement for this account is $1 and there is no maximum deposit limit. You must be 21 or under to open this account.

Field of membership in Patelco Credit Union is open to a wide variety of groups and organizations. Anyone who isn’t otherwise eligible for membership can become eligible by joining the California Association for Older Americans which is open to anyone regardless of age or geographic location. Simply indicate California Association for Older Americans on your application for Patelco credit union membership.

Patelco Credit Union is privately insured by American Share Insurance up to $250,000 per account and is not federally insured.