3.92% 12-Month CD at Baptist Credit Union in Texas

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Baptist Credit Union is offering several competitive CD rates: 3.92% APY for 12 months, 4.13% APY for 24 months and 4.18% APY for 36 months. Minimum deposit is $500. These rates are listed in the credit union's rate table as of 1/13/09. The rate table has a November date so I called yesterday and confirmed these rates are still available. However, they're subject to change at any time.

One nice feature of the rate table is that it lists all of the CD details including early withdrawal penalties.

Credit union membership is open to members of churches belonging to the Dallas and San Antonio Baptist Association. Please refer to the credit union's Membership Page for the full details. Membership requires a minimum balance of $25 in the share savings account.

Branches are located in San Antonio and Dallas.

The credit union has some strong ratings for soundness: 4 stars (sound) at Bankrate and 5 stars (superior) at BauerFinancial. Both ratings are based on 9/30/08 financial data. The credit union is federally insured by the NCUA (Charter # 68358).
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5.01% 24-Month / 5.00% 12-Month CD at a Texas Credit Union (Baptist).
Update 2/23/08: The rates have gone down. Please check the institution's website for the latest rates.

Baptist Credit Union continues to have high rates on its certificates. The rates have declined some since my January post, but they're still very competitive. The highest yield is 5.01% APY for the 2 and 3 year terms and 5.00% APY for the one year term. The 4 and 5 year terms have yields of 4.75% APY and 4.95% APY. The minimum deposit is $500.

Credit union membership is open to members of churches belonging to...



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5.27% 60-Month / 5.01% 24-Month CD at a Texas CU (Baptist).
Update 2/09/08: The CD rates have fallen. Please check the credit union's website for the latest rates.

Baptist Credit Union has several high rates on its certificates. The highest yield is 5.27% APY for a 60-month term. Also over 5% are the 24 and 36 month CDs which have a yield of 5.01% APY. The minimum deposit is $500. Since there's a September date at the bottom of the rate table, I called the credit union on Friday, and I was told that the rates are still available.

I last reported on...



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5.64% 12-Month CD at a Texas CU (Baptist Credit Union)
Baptist Credit Union is offering a 5.64% APY one-year certificate. The minimum deposit is $500. Please see their rate table for more details.

Field of membership includes members of churches belonging to the San Antonio Baptist Association and the Dallas Baptist Association. It also includes other employee groups. See the site for details. Membership requires a minimum $25 deposit into the share savings account.

Branches are located in San Antonio and Dallas. The credit union is federally insured by the NCUA (Charter # 68358). It has $21.0 million in assets and...



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8.30% 12-Month CD at a Texas CU ($2K Max)
Baptist Credit Union is offering a 8.30% APY 1-year certificate of deposit. There's no minimum deposit. The maximum deposit limit is $2K per member. Money must be new to the credit union.

This interest rate is about 3% above the best 1-year CDs. So for one year with a $2K deposit, this CD will earn you about an extra $60 compared to a 5.30% CD. Unlike other similar past deals (10% CD and 8% CD), this one doesn't seem to require a checking account.

The credit union is also advertising an...



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