Baptist Credit Union has several high rates on its certificates. The highest yield is 5.27% APY for a 60-month term. Also over 5% are the 24 and 36 month CDs which have a yield of 5.01% APY. The minimum deposit is $500. Since there's a September date at the bottom of the rate table, I called the credit union on Friday, and I was told that the rates are still available.
I last reported on this credit union in August 2007 when it was offering a 5.64% 12-month CD.
Credit union membership is open to members of churches belonging to the San Antonio Baptist Association and the Dallas Baptist Association. It also includes other employee groups. Please refer to their Membership page for more details. Membership requires a minimum $25 deposit into the share savings account.
Branches are located in San Antonio and Dallas, Texas. The credit union is federally insured by the NCUA (Charter # 68358). It has $21.9 million in assets and 7,375 members.