Dedicated to Deposits: Deals, Data, and Discussion

4.00% 5-Month CD at a Texas Credit Union (Amplify)

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Amplify Credit Union is offering a special 4.00% APY 5-month share certificate. The minimum deposit is $500.

One nice feature with all of Amplify's certificates is that you can make additional deposits of at least $500 to the certificate at any time during the term. The new deposits will earn the same rate as the original CD.

You can apply for membership and open accounts online. Funding can be done with an ACH transfer from another bank or credit union. However, they limit your initial funding to $5,025. After you join, you're able to log in and can initiate ACH transfers into your share savings or checking without the $5K limit. Then you can open a new CD or add to a current CD using their online interface.

Membership is open to anyone who lives, works or attends school in Travis, Williamson, Hays, Caldwell or Bastrop county, Texas. Please refer to their Field of Membership page for more details. Membership requires a minimum deposit of $25 into your share savings account.

Branches are located in Austin, Round Rock and Cedar Park. The credit union is federally insured by the NCUA (Charter # 18304).

Thanks to the reader who emailed me news of this special CD.
  Tags: CD rates, Texas

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Comments
Comment #1 by Max (anonymous) posted on
Max
By the way, WaMu CDs that have "special feature" (as I understand practically all of them) also allow you to add money at any time, but limited to original amount of deposit (i.e. open $2000 1 year CD, add up to $2000 to it later)

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