Dedicated to Deposits: Deals, Data, and Discussion

2.57% 24-Month CD and Other Competitive CD Rates at Austin Telco FCU in Texas - Local Only


Austin Telco Federal Credit Union has some competitive rates on its share certificates. Some of the best deals are its jumbo certificates with rates of 2.27% APY for 12 months, 2.57% APY for 24 months and 3.49% APY for 60 months. Minimum deposit is $95,000. Rates are 10 to 20 basis points lower for a $1,000 minimum deposit. Certificates are also available in an IRA. These rates are listed in the credit union's rate table as of 7/23/09.

The credit union has a long history of competitive CD rates. My last post was in January when they were offering a 3.75% 24-month CD.

Membership is open to anyone living, working, worshiping or attending school in Austin's five county Metropolitan Area (Travis, Williamson, Hays, Bastrop and Caldwell Counties). Please refer to the credit union's membership page for more details. Membership requires a minimum balance of $25 in your share savings account. I've been told that Austin Telco FCU does a hard credit pull when you join.

Branches are located in the Central Texas cities Austin, Bastrop, Round Rock and Cedar Park.

The credit union has solid ratings for safety and soundness: 4 stars (excellent) at BauerFinancial and 4 stars (sound) at Both ratings are based on 3/31/09 financial data. The credit union is federally insured by the NCUA (Charter # 4584).

Other High Certificate of Deposit Rates

Compass Bank in Austin is currently offering a 24-month CD with a 2.60% APY. In other parts of Texas, the APY is only 2.30% (see post). For other CD deals:

  Tags: CD rates, Texas

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