City CU (TX) Has Best Rate 60-month CD Available In Texas


Availability: Residents of Dallas, Cooke and Ellis counties in Texas

City CU (Texas) closed early today due to inclement weather, but not before raising the rate on its 60-month CD (2.50% APY). The minimum deposit is $500 and there is no balance cap.

The 60-month CD is also available as an IRA (Traditional and Roth) at the same APY, but with a minimum deposit of $250. A 60-month Youth CD (2.50% APY) is also being offered, but with a lower minimum deposit of $100.

1.75%$500-City CU (TX)60 Month CD
1.75%$250-City CU (TX)60 Month IRA (Traditional, Roth)
1.75%$100-City CU (TX)60 Month Youth CD
Accounts mentioned in this post. Rates as of October 22, 2016.

As stated on City CU’s Certificate of Deposit Disclosure page, the Early Withdrawal Penalty is 180 days interest.


Membership in City CU is primarily residency based, with individuals who reside, work, worship, attend school or volunteer in the Texas counties of Dallas, Cooke, or Ellis eligible to join.

In addition, employees and individuals associated with 180+ businesses and associations are also eligible for membership. A complete list of those businesses and associations are listed on the first page of the online application. As the online application is time sensitive, I haven't included a direct link, but the application can be accessed through City CU's website main page.

To the surprise of the CSR I spoke with, the 60-month CD is currently not listed an option on the online application. She suggested contacting City CU before filling out the online application, so they can walk you through the process to open the 60-month CD.

Joining City CU and opening a CD can also be done at any of eight Texas branches located in Dallas (4), Duncanville, Gainesville, Mesquite, and Waxahachie.

Credit Union Overview

City CU has an overall health grade of "A+" at, with a Texas ratio of 5.76% (excellent) based on September 30, 2014 data. In the past year, City CU has increased its total deposits by $7.44 Million, an excellent annual growth rate of 3.11%. Please refer to our financial overview of City CU for more details.

City CU’s history began in 1942 with a mere $50 in deposits, which was the minimum amount required to qualify for a State of Texas Credit Union Charter. In August 1942, the first financial statement showed total assets of $1,821, total cash of $1,712, and $100 in loans. In the past 72 years, City CU has grown to over $282 Million in assets, with over 39,000 members.

How the CD Compares

When compared to other similar length-of-term CDs tracked by, that require a similar minimum deposit and available to Texas residents, City CU's 60-month CD leads the competition.

The above rates are accurate as of 2/27/2015.

To look for the best nationwide CD rates and the best CD rates in your state, please refer to our CD rates table.

Josha (anonymous)   |     |   Comment #1
Their website is not well maintained. The disclosure files are not linked to properly. There is a disclaimer about them not responsible for

"City CU has no control over information at any site hyperlinked to or from this Site. City CU makes no representation concerning and is not responsible for the quality, content, nature, or reliability of any hyperlinked site and is providing this hyperlink to you only as a convenience. The inclusion of any hyperlink does not imply any endorsement, investigation, verification or monitoring by City CU of any information in any hyperlinked site. In no event shall City CU be responsible for your use of a hyperlinked site."