Dedicated to Deposits: Deals, Data, and Discussion

6.00% 15-Month CD at a TX/CO Credit Union (Security Service)


Security Services FCU is still offering a 15-month CD special with rates that range from 5.85% to 6.00% APY. The 6.00% APY certificate requires a $100K deposit. A 5.95% APY requires $50K, 5.90% requires $25K and 5.85% requires $500. I had first reported on this special in August. These CDs are not listed at the credit union's website but is still being advertised in the Colorado Springs Gazette. The ad is available online here. When I had spoke with the CSR in August I was told that these specials are planned to continue through the end of the year. There is a maximum early withdrawal penalty of 180 days of interest. The minimum penalty is 60 days whether the interest is earned or not.

The field of membership includes those who live, work or worship in Texas counties of Medina, Atascosa, Uvalde or South Bexar in addition to other areas. In Colorado the eligible counties include El Paso, Pueblo and Denver. There are several employee groups and church groups which can also qualify you for membership. Membership requires a $5 minimum deposit into a share savings account.

Branches are located in the Texas cities of San Antonio, Schertz and Boerne, and in the Colorado cities of Colorado Springs, Denver, Fountain and Pueblo.

The credit union is NCUA insured. It's a large credit union with over $3.8 billion in assets and almost 600K members.