I first noticed Texell Credit Union due to its high 5-year CD rate, but after looking over all of its rates, I noticed it also has top mid-term CD rates. The 5-year CD has a 2.10% APY. The 18-month and the 2-year CD have a 1.30% APY. Minimum deposit is $1,000. These rates are listed in the credit union's rates page as of 9/20/2012.
According to the credit union's About Us page, "Texell serves Bell and Williamson County". There's an online application, and the eligibility section allows you to select "living, working, worshiping or attending school" in Bell County or one of several cities in Williamson County. This county is just north of Austin, so many Austin residents who work or worship in Williamson County may be eligible to join.
Branches are located in Temple, Belton, Killeen, Georgetown and Leander.
The credit union is federally insured by the NCUA (Charter # 68608).
How These CD Rates Compare
Both the 5-year and 18-month CD rates are higher than the best rates that are available nationwide. The highest 5-year CD rate is 2.00% APY at Eli Lilly Credit Union. The highest 18-month CD rate is 1.12% APY at MetLife Bank.
For those in Texas who can't qualify for Texell, you can get an 18-month CD rate that's close to 1.30%. Libertad Bank has a Texas special CD with a 1.25% APY for an 18-month term.
Searching for the Best CD Rates
To search for the best nationwide CD rates and the best CD rates in your state, please refer to the CD rates section of DepositAccounts.com.