5.15% 24-Month / 5.10% 12-Month CD at a Texas Credit Union (Alamo).

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Update 2/2/08: The CD rates have fallen. Please check the credit union's website for the latest rates.

Alamo Federal Credit Union is listing several high certificate rates. These include a 5.15% APY 24-month CD and a 5.10% APY 12-month CD. These have a minimum deposit of $500. Higher rates on the one-year CD are available for larger deposits: 5.18% APY for a $25K minimum, 5.24% APY for a $50K minimum and 5.28% APY for a $100K minimum.

Membership is open to all persons who live, work, worship, volunteer or attend school within the area bounded by Loop 410 in San Antonio, Texas. You can also be eligible to join through employment in one of the Select Employee Groups or if you're a relative of an existing member. Please refer to their Membership page for the full details. Membership requires a $1 fee and a minimum deposit of $5.

The credit union has 6 branches located in San Antonio, Texas. It's federally insured by the NCUA (Charter # 2995). It has $36.5 millioin in assets and 5,495 members.
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10% 10-Month CD at a Texas CU - $2.5K Max (Alamo FCU)
Alamo Federal Credit Union is offering a special 10.00% APY 10-month share certificate. The minimum deposit is $500 and the maximum is $2,500. It requires new money and direct deposit to your Alamo FCU checking account. There's a limit of one 10% CD per member. There's also a special 5.75% APY 7-month CD. This has a $500 minimum with no apparent maximum deposit limit.

The $2.5K cap is not too bad. The 10% APY gives you about 4.5% above what you would get at E-LOAN's savings account. For 10 months you'll...

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