Fast Forward CD
With a minimum deposit of $1,000, get 5.00% APY 2 (Annual Percentage Yield) for 12 months.
Instead of waiting to enjoy your investment, fast forward to the good part and get your return as soon as you open your account.
Regular CD Rates by Term and Deposit Amount
With a minimum deposit of $1,000, get 5.25% Annual Percentage Yield (APY) for 6 months*
Rates are accurate as of December 27, 2023 and are subject to change.
Fast Forward CD by Term and Deposit Amount
No Penalty CD by Term and Deposit Amount
CD accounts are term deposits that run as risk free investments
Get a personalized Texas CD account consultation.
What is a CD Account?
Save for six months. Save for a few years. Whatever time period you choose, certificates of deposit are a safe path to exceptional returns.
- Credit Union of Texas CD terms range from 6 to 60 months
- Start saving with a minimum opening deposit of $1,000. See Truth in Savings for details.
- Certificates earn more than most high interest savings accounts in Texas
- Our CD terms are tiered to hold the best bank or credit union CD rates
Credit Union of Texas CD Benefits Include
Safe And Sound
Unlike many investments, a Credit Union of Texas CD carries no risk. All deposits are insured by the National Credit Union Administration.
Tiered CD Rates
Our rate structure is designed so that different term deposits & balances have a chance to earn higher returns. We keep the best CD rates in Texas.
When a CD reaches its maturity date, it renews automatically. If you want to withdraw the funds, you have seven days to do so without penalty.
Get a good look at where you are and where you're going next.CD Interest Rate Calculator
General Certificate of Deposit FAQs
Just make an appointment to visit your nearest Credit Union of Texas location. Our account specialists will help you choose which kind of CD you want to open and when you want your CD to mature. Then you fund your CD.
It's all automatic. Interest is compounded every month. When your CD matures, you can roll the full amount into a new CD or withdraw some or all of the funds.
Yes, there's a penalty for withdrawing your principal before the CD matures. And the earlier you withdraw, the larger the penalty. There only exceptions are death or disability of the holder.
Your CD will renew automatically, and you have a grace period of seven calendar days after renewal to withdraw your money without penalty.
3. You may withdraw all your money including dividend earned, without any penalties, any time after the first six (6) days following the date you funded your account. View the Truth in Savings document to see the penalties for early withdrawal and additional information.
*APY Annual Percentage Yield assumes interest remains on deposit until maturity and effective for the dates shown above, unless otherwise noted. A penalty may be imposed for early withdrawals. The interest rate on a Certificate of Deposit is fixed. Certificates of deposit renew automatically unless instructed by the depositor. Fees could reduce earnings. Interest is compounded daily and the interest is paid at maturity. CD rates are subject to change at any time and are not guaranteed until the CD is opened. Some exceptions may apply. A copy of the Truth in Savings Disclosure will be provided to you before you open your account or is available at any time upon request from a teller. Must meet membership and age requirements.