United SA Federal Credit Union is offering two special share certificate rates. The special 3-year CD rate is the most competitive with a 2.32% APY. The other one is a 1.56% APY 2-year CD. These rates are listed in the credit union's promotion page. According to the small print, the "APY is accurate from February 10 - 28, 2011, or until deposit limit is reached".
The credit union continues to competitive standard CD and IRA CD rates. The most competitive include a 2.99% APY 5-year CD and a 2.58% APY 4-year CD. These are listed at the credit union's rates page as of 2/23/2011.
As a comparison to internet banks, the best 3-year CD rate is 2.00% APY at OneWest Bank. The best 3-year CD rate at a credit union that's easy to join is 2.25% APY at Fort Knox FCU (as of 2/23/2011).
The credit union also offers a reward checking account. I first reported on this reward checking account in October 2007 when it was paying 6.01% APY. The rate has fallen considerably, and it now pays only 1.11% APY for balances up to $25K.
Membership is open to those who live, work, worship or attend school in Bexar County, Texas. Please see the credit union membership page for the full details. Membership requires a minimum deposit of $5 into the savings account.
Branches are located in San Antonio, TX.
The credit union has an overall health score of 3 out of 5 with a Texas Ratio of 31.42% (above average) based on September 2010 data. Please refer to our financial overview of United SA Federal Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 10245).
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