6.15% 6-Month CD at a San Antonio, Texas CU
Oct 9, 2006 - 6:58 PM by Ken Tumin
The San Antonio City Employees FCU has a promotional term share certificate with an APY of 6.15% and a term of 6 months. The minimum balance is $2.5K.
The field of membership was just expanded to include all those who live, work, worship, attend school or volunteer in Bexar County, Texas. Branches are located through out San Antonio.
The credit union is NCUA insured. It has $289 million in assets and 42,609 members.
The field of membership was just expanded to include all those who live, work, worship, attend school or volunteer in Bexar County, Texas. Branches are located through out San Antonio.
The credit union is NCUA insured. It has $289 million in assets and 42,609 members.
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Anonymous - #1, Monday, October 9, 2006 - 7:20 PM
I read yesterday the Millennium Bank was giving 10% interest on Premium certificates. I can't find that post but I think it was by Banking Guy. Can you give me the link? Are there any banks in the US giving 10% on CD's?
Banking Guy (anonymous) - #2, Tuesday, October 10, 2006 - 3:51 PM
I did some research into this non-FDIC foreign-based bank last year (see post).
Sometimes you'll find a bank or credit union offering a yield way above its competitors. Typically, there are maximum deposit limits, and these are only limited-time offers. These specials are used as loss leaders to bring in new customers. For example, a Dallas bank last spring had offered a 10% CD with a max deposit of $5k. It also required a checking account. It lasted about a month.
San Antonio City Employees FCU (anonymous) - #3, Wednesday, October 17, 2007 - 1:54 PM
Hello, from San Antonio City Employees FCU. Unfortunately, the rate mentioned in the above post isn't available anymore. However, you can learn more about our current great rates on CD's by visiting our website at www.sacefcu.org.
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