Amplify Credit Union (TX) 18-Month CD Rate Leaps Up


Deal Summary: 18-month CD, 3.03% APY, $500 minimum deposit.

Availability: Easy membership requirement for residents of Texas; residents of Bastrop, Caldwell, Hays, Travis, or Williamson Counties, Texas.

At the beginning of the week, Amplify Credit Union (Amplify) more than doubled the rate on its 18-month CD (3.03% APY). This limited-time offer can be opened with a minimum $500 deposit; there is no stated balance cap.

DA began tracking the 18-month CD in 2011 when the APY was 1.00%. Until March of this year, the APY was decidedly forgettable, ranging from a low of 0.15% to a “high” of 1.01%. A total of 238 bps has been added in three rate increases in the past seven months, with a substantial 157 bps added this week.

As stated in the Truth-in-Savings disclosure, the Early Withdrawal Penalty reads as follows

Terms of 12 months to 59 months – 365 days’ dividends or dividends earned since the date of issuance of renewal (whichever is less); however, not less than seven (7) days’ dividends.


Headquartered in Austin, Texas, Amplify Credit Union offers a way for almost any Texas resident to join.

Easy membership (limited): Residents of Texas can qualify for Amplify membership by joining the Texas Consumer Council (TXCC), which is a chapter of the American Consumer Council. According to About TXCC page, “There are no membership dues or fees you pay as long as you’re a member of Amplify Credit Union.” Note: use Promo Code “Amplify” on the TXCC application.

Residency: Individuals who live, work, worship, or attend school in the Texas counties of Bastrop, Caldwell, Hays, Travis, or Williamson are eligible to join.

Personal Relationship: Immediate family members (spouse, parent, child, sibling, grandparent, grandchild, including step and adoptive relationships) of current Amplify members are welcome to apply.

Joining Amplify and/or opening an 18-month CD can be done online, or at any of seven Texas branches located in Austin (4), Cedar Park, and Round Rock (2).

Credit Union Overview

Amplify Credit Union has an overall health grade of "A" at, with a Texas Ratio of 5.31% (excellent) based on June 30, 2018 data. In the past year, Amplify has increased its total non-brokered deposits by $45.73 million, an excellent annual growth rate of 7.03%. Please refer to our financial overview of Amplify Credit Union (NCUA Charter # 68681) for more details.

Established in 1967 as the IBM Texas Employees Federal Credit Union, Amplify Credit Union is currently the 23rd largest credit union in Texas, with assets in excess of $934 million. In 2004, Amplify expanded its field of membership to include five Texas counties. Two years later, the Credit Union rebranded as Amplify and between 2006-2010 opened six new branch locations. Since the expansion campaign began in 2004, the membership has nearly doubled, from 29,475 in March 2004 to 58,637 in June 2018.

How the Share Certificate Compares

When compared to 395 similar length-of-term CDs tracked by that require a similar minimum deposit and are available within the FOM, Amplify Credit Union's 18-month CD APY currently ranks second.

The above rates are accurate as of 11/1/2018.

Looking for the best CD rates, either nationwide or state specific? Please refer to’s CD Rates Table.

Related Pages: Austin CD rates, 1-year CD rates


Expired: $150 Checking Account Bonus at Amplify Credit Union in Texas

Update 3/15/2013: The $150 checking account promotion has ended early.

Amplify Credit Union is advertising a good deal on its free checking account. The credit union is offering a $150 bonus when you open its free checking account and established direct deposit. The account must be opened and direct deposit authorized before 4/13/2013. Please refer to Amplify's promotions page for the full details. This is a limited-time offer.

Below is a copy of some of the offer's important small print:

Amplify Free Checking account has some nice features. First, it has no monthly...

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Top 7-Year CD Rate at Amplify Credit Union in Austin

Update 2/12/13: The 11-month CD special has ended. Also, the early withdrawal penalty has been increased.

Amplify Credit Union has been advertising its 11-month CD special, but the best deal is currently its Jumbo 7-year CD which has a 2.01% APY. Minimum deposit is $100,000. Rates go down substantially for smaller deposits (1.75% APY for $50K, 1.50% APY for $25K and 1.25% APY for $10K). Rates are also much lower for shorter terms. The special 11-month CD rate is 0.70%. These rates are listed in the Amplify Credit Union's deposit rates...

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4.00% 5-Month CD at a Texas Credit Union (Amplify)
Amplify Credit Union is offering a special 4.00% APY 5-month share certificate. The minimum deposit is $500.

One nice feature with all of Amplify's certificates is that you can make additional deposits of at least $500 to the certificate at any time during the term. The new deposits will earn the same rate as the original CD.

You can apply for membership and open accounts online. Funding can be done with an ACH transfer from another bank or credit union. However, they limit your initial funding to $5,025. After you join, you're...

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5.00% 6-Month CD at a Texas CU - with an add-on feature (Amplify).
Update 2/5/08: The 6-month CD rate has fallen. Please check the credit union's website for the latest rates.

Amplify Credit Union is offering a special 5.00% APY 6-month share certificate. The minimum deposit is $500.

One nice feature with all of Amplify's regular certificates is that you can make additional deposits of at least $500 to the certificate at any time during the term. The new deposits will earn the same rate as the original CD. And unlike WaMu Add-On CDs (WaMu's 5.10% 7-month CD may be ending after 1/28/08 - see...

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5.30% 5-Month CD at a Texas Credit Union (Amplify)
Amplify Federal Credit Union is offering a special 5.30% APY 5-month share certificate. The minimum deposit is $5,000, and the money must be new to the credit union.

Membership and accounts can be open online. Membership is available to all who live, work, or attend school in Travis, Williamson, Hays, Caldwell, or Bastrop County, TX. Please refer to their field of membership page for more details. Membership requires a minimum deposit of $25 into your share savings account.

Branches are located in Austin, Round Rock and Cedar Park, Texas. The credit union...

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The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.