Update 12/19/08: The CD rates have fallen. Please check the credit union's website for the latest rates.
Generations FCU continues to offer competitive CD rates. The best rates are on its Jumbo Term Share Certificates. These include a 4.10% APY 6-month CD, a 4.40% APY 12-month CD, a 4.50% APY 24-month CD and a 4.70% APY 36-month CD. Minimum deposit is $100,000. The rates for its Regular Term Share Certificates are 10 basis points lower and require a minimum deposit of $1,000. These are also available in an IRA. These rates are listed in the credit union's rate table as of 12/16/08.
My last post on these CDs was in October.
Membership is open to all those who live, work, worship, attend school or volunteer in Bexar County, Texas. Please refer to the credit union's Membership Page for more details. Membership requires a $5 deposit in the share savings account.
Branches are located through out San Antonio. The credit union is federally insured by the NCUA (Charter # 4015).