Space City Credit Union is offering very competitive long-term CD and IRA CD rates. The best one is the 5-year CD which has a 2.53% APY. Its 4-year CD is also competitive with a 2.02% APY. These rates are listed in the credit union rates page as of 4/23/2012.
For those with IRAs who don't want to lock into a long-term CD, the credit union has a top yield of 1.51% APY for its IRA savings account.
Membership is open to those who live, work, worship or attend school within a 10 mile radius of the credit union's Main or Uptown Branches. Please refer to the credit union's membership page for more details and a map showing the Houston area that's eligible for membership.
The credit union has an overall health score at DepositAccounts.com of 5 stars (out of 5) with a Texas Ratio of 4.26% based on December 2011 data. Please refer to our financial overview of Space City Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 61135).
How These CD Rates Compare
The 5-year CD rate that's nationally available is 2.31% APY at Michigan State University FCU. This requires a $100K minimum deposit (dropped 5 basis points on Saturday). If you have a military connection, you may be able to qualify for Air Academy Federal Credit Union which has a 2.45% APY 5-year CD for a $10K minimum deposit.
For a minimum deposit of $5K, the best 5-year CD rate is 2.27% APY at Melrose Credit Union. This credit union also has the best 4-year CD rate with a 2.07% APY.
These rates are accurate as of 4/23/2012.
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.