Certificates of Deposit

Looking to give your savings a nice push in a positive direction? All it takes is a little bit of time.

Save for six months. Save for a few years. Whatever time period you choose, certificates of deposit are a safe path to exceptional returns.


  • CD terms range from 6 to 60 months
  • Minimum opening deposit of $1,000
  • Certificates earn more than most traditional savings accounts
  • In general, longer term CDs pay higher rates

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Exclusive Benefits Include


Are you eligible for membership? See our Membership Eligibility

Safe And Sound

Unlike many investments, CDs carry no risk. All deposits are insured by the National Credit Union Administration.

Tiered Rates

Our rate structure is designed so that bigger balances have a chance to earn higher returns.

Easy Rollover

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.

Put your money to work for you.

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CD Rates by Term and Deposit Amount

*The Annual Percentage Yields (APYs) are accurate as of July 31, 2020 and are subject to change.



$1,000 - $9,999.99 $10,000 - $24,999.99 $25,000 - $49,999.99 $50,000 - $98,999.99 $99,000 +

Interest Rate APY* Interest Rate APY* Interest Rate APY* Interest Rate APY* Interest Rate APY*
6 Month .57 .57 .57 .57 .57 .57 .57 .57 .57 .57
12 Month .70 .70 .70 .70 .70 .70 .70 .70 .70 .70
18 Month .72 .72 .72 .72 .72 .72 .72 .72 .72 .72
24 Month .85 .85 .85 .85 .85 .85 .85 .85 .85 .85
36 Month .95 .95 .95 .95 .95 .95 .95 .95 .95 .95
48 Month 1.04 1.05 1.04 1.05 1.04 1.05 1.04 1.05 1.04 1.05
60 Month 1.19 1.20 1.19 1.20 1.19 1.20 1.19 1.20 1.19 1.20

Get a good look at where you are and where you're going next.

Financial Calculators 




General Certificate of Deposit FAQs

Just make an appointment to visit your nearest CUTX 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.

If you're opening an Educational IRA CD, you can start with $500. All other CDs and IRA CDs require a $1,000 initial deposit. The more you deposit in the CD, and the longer until the maturity period, the more interest you will earn.

It's all automatic. Interest is compounded every month. And 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, or if the holder reaches age 59 1/2 for IRAs.

Your CD will renew automatically. But you have a grace period of seven calendar days after renewal to withdraw your money without penalty.

No, once you have opened the CD, you can't make additional deposits into it.

Why CUTX?

The stuff, loan team and customer service were very helpful throughout my car loan process. Credit Union of Texas was able to offer me the best rate available for my vehicle. I would highly recommended CUTX to all of my friends and family.
Abebe A.
Great folks to work with and great rates! We saved a ton on our auto loans! Thanks, CUTX!
Russell V.
I’ve been a member for almost 30 years, I can’t imagine banking anywhere else. You’re more than another account at CUTX, you’re a member, you’re a family.
Elsa H

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*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.