Update 11/2/2012: The CD special has been extended. It's now scheduled to last through 12/31/2012.
Generations Federal Credit Union is offering a promotional certificate with a very competitive rate. It has a 1.50% APY for terms of 18 to 21 months. This is shown in the credit union's offers page as of 10/26/2012. According to the small print, the offer is good through 10/31/2012. Instructions advise members to visit a local branch or call (210) 229-1128 to open this special CD.
Credit union membership is open to anyone who lives, works, worships, volunteers or attends school in Bexar County, Texas. Please refer to the credit union's About page for the full details.
Generations FCU branches are located throughout San Antonio.
The credit union has an overall health score at DepositAccounts.com of 5 stars (out of 5) with a Texas ratio of 5.12% (excellent) based on June 2012 data. Please refer to our financial overview of Generations FCU for more details. The credit union is federally insured by the NCUA (Charter # 4015).
Thanks to the reader who emailed me news of this offer.
How This CD Rate Compares
If you're a saver in Texas, you should consider yourself lucky. This CD deal is one of many that are available in Texas. The best CD deal in the nation continues to be at Navy Army Community Credit Union in Corpus Christi. It's offering a 3.00% APY 30-month CD.
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.