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Many banks and credit unions in Texas are friendly to savers. I found another one today at Security First Credit Union. It has some very competitive long-term CD and IRA CD rates. The best deal is its 5-year IRA CD with a 2.53% APY. This requires a $50,000 minimum deposit. The regular 5-year CD has a 2.43% APY. Rates are a little lower for smaller deposits, but they don't go down that much. For a $1,000 minimum deposit, the 5-year IRA CD has a 2.39% APY and the 4-year regular CD has a 2.33% APY. These rates are listed in the credit union's share rates page as of 1/29/2013.

Membership is open to those who live, work, worship, or go to school in the Rio Grande Valley of Texas. This is shown when you enter "membership" in the ask box at the top right of credit union's web page.

Security First branches are located in several South Texas cities including Brownsville, Harlingen and McAllen.

The credit union has an overall health score at DepositAccounts.com of 5 stars (out of 5) with a Texas ratio of 7.69% (excellent) based on September 2012 data. Please refer to our financial overview of Security First Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 5547).

How These CD Rates Compare

The best nationally available 5-year CD rate is 2.05% APY at Citizens State Bank in Florida. The highest at an all-access credit union is 2.00% APY at Mountain America Credit Union (This is also available as an IRA). These rates are accurate as of 1/29/2013.

To search for nationwide CD rates and CD rates in your state, please refer to the best CD rates section of DepositAccounts.com.