EECU is offering competitive long-term CD and IRA CD rates. The Jumbo IRA CDs with a $50K minimum deposit have the best rates: 2.90% APY for 5 years and 2.65% APY for 4 years. The non-Jumbo IRA CDs which have a $1K minimum have rates that are 5 basis points lower. The non-IRA CD rates are 10 basis points lower. The two best Jumbo CD rates are 2.80% APY for 5 years and 2.55% APY for 4 years. These rates are listed at the credit union's rates page as of 7/14/2011.
Credit union membership is open to anyone who lives or works in Tarrant, Johnson, Parker, Palo Pinto or Hood counties, or the cities of Fort Worth, Mansfield or Haslet. Membership requires a $5 balance in the share savings account. Please refer to the credit union's membership page for the full details.
EECU locations are located in Fort Worth, Arlington, Burleson, Saginaw and a few other Texas cities.
The credit union is sizable with $1.24 billion in assets. It has an overall health score at DepositAccounts.com of 5 stars (out of 5) with a Texas Ratio of 3.27% (excellent) based on March 2011 data. Please refer to our financial overview of EECU for more details. EECU is federally insured by the NCUA (Charter # 67928).
How these CD Rates Compare
These 4-year and 5-year CD rates are close to the best CD rates that are nationally available. For a 5-year CD rate that's available without a checking account, the best is 2.83% APY at both University Federal Credit Union and Melrose Credit Union. The best 4-year CD rate is 2.45% APY at both Alliant Credit Union and Fort Knox Federal Credit Union.
Searching for Top CD Rates
To search for nationwide CD rates and CD rates in your state, please refer to the best CD rates section of DepositAccounts.com.