Your Community Credit Union has a nice CD special to celebrate its 45th year. Reader pearlbrown mentioned this special in the forum on August 21st when the credit union was advertising a 1.15% APY. Perhaps the credit union thought this didn't grab enough attention. Yesterday, the credit union was advertising a 2.00% APY 6-month CD. The 8/28/2011 Dallas Morning News ad is available online here. According to the ad, the 2.00% APY applies to balances up to $25,000. Minimum deposit is $500.
Credit union membership is open to those who live, work, worship or attend school within 10 miles of any of the credit union branches. Please refer to the credit union membership page for the full details.
Your Community Credit Union branches are located in Dallas, Irving, Richland Hills, Farmers Branch, Webster and in Houston.
The credit union has an overall health score at DepositAccounts.com of 5 stars (out of 5) with a Texas Ratio of 5.66% (excellent) based on March 2011 data. Please refer to our financial overview of Your Community Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 68606).
How This CD Rate Compares
I'm afraid even 1.15% is a competitive rate for 6-month CDs. The best nationally available 6-month CD rate at a bank is 1.05% APY at AloStar Bank of Commerce. It's not a 6-month CD, but Ally Bank's 11-month No-Penalty CD is a better deal since a customer can close this CD without a penalty at any time from 1 week to 11 months. And its rate is currently a little higher at 1.08% APY. Rates are accurate as of 8/29/2011.
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.