The Best Certificate of Deposit Rates

Looking to give your savings a nice push in a positive direction? All it takes is the best CD Account rates & a little bit of time.

We are now offering a
No Penalty CD Account

With a minimum deposit of $25,000, get 4.10% APY (Annual Percentage Yield) for 12 months*

Invest without the risk! With this new account type, you can earn more in a shorter amount of time!  Plus, there are no penalties for early withdrawal.**  


*The Annual Percentage Yields (APYs) are accurate as of January 16 , 2023 and are subject to change.
**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. 

CD Rates by Term and Deposit Amount

With a minimum deposit of $1,000, get 4.40% Annual Percentage Yield (APY) for 24 months*

*The Annual Percentage Yields (APYs) are accurate as of January 16, 2023 and are subject to change.

$1,000 - $49,999.99 $50,000 - $99,999.99 $100,000 - $199,999.99 $200,000 - $249,999.99 $250,000 +

Interest Rate APY* Interest Rate APY* Interest Rate APY* Interest Rate APY* Interest Rate APY*
6 Month 3.74 3.80 3.74 3.80 3.74 3.80 3.74 3.80 3.74 3.80
12 Month 4.12 4.20 4.12 4.20 4.12 4.20 4.12 4.20 4.12 4.20
18 Month 4.22 4.30 4.22 4.30 4.22 4.30 4.22 4.30 4.22 4.30
24 Month 4.31 4.40 4.31 4.40 4.31 4.40 4.31 4.40 4.31 4.40
36 Month 3.93
3.93 4.00 4.02 4.10 4.12 4.20 4.22 4.30
48 Month 3.93 4.00 3.93 4.00 4.02 4.10 4.12 4.20 4.22 4.30
60 Month 3.93 4.00 3.93 4.00 4.02 4.10 4.12 4.20 4.22 4.30

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
  • 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

Questions? We can help.

Monday - Friday 9AM - 6PM
and Saturday 10AM - 2PM CST

Talk to a Texas CD Specialist

Schedule an appointment

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.

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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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.

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. 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, and 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. You can open additional Certificate of Depost accounts with a savings strategy called CD Laddering. This can allow you to continually take advantage of the best CD rates in Dallas and the highest CD rates in Texas.


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.