Credit Union Of Texas Raises Rate On 36-Month CD


Availability: Residents of Dallas, Collin, and Rockwall Counties, Texas

Credit Union Of Texas (CUTX) raised the rates on its 36-month CD (1.69% APY) today. This is the first rate increase for the 36-month CD since July 2011 when the APY was 1.35%.

The minimum opening deposit of $1K, with no maximum balance cap.

4.15*%$500-Credit Union Of Texas36 Month IRA (Traditional, Roth, CESA)
Rates as of April 12, 2024.

The 36-month CDs is also available as an IRA (Traditional, Roth, and CESA) earning the same APY, but with a lower minimum opening deposit of $500.

CUTX also offers a 36-month Step Up CD (1.54% APY) that allows for "one step up during the life of the 36-month Step Up CD."

According to CSR, the Early Withdrawal Penalty is 180 days interest.


Credit Union Of Texas’ website states, "Membership is open to almost anyone in the Dallas area." The various ways individuals can qualify for membership are as follows:

1) Anyone who lives, works, or attends an institution of higher learning in Dallas, Colllin, and Rockwall Counties.

2) Anyone who lives of works in select areas of Grayson, Fannin, Ellis, Tarrant, and Denton Counties.

3) Any member of a school related association or organization created to benefit public or private schools.

4) Employees of more than in 120 SEGs, including non-profits, colleges, hospitals, government agencies, and large and small private businesses.

5) Anyone related by blood, marriage, or adoption to individuals who meet any of the above qualifications.

Complete details are available on the first page of CUTX’s Join Us page.

Joining CUTX and/or opening a CD can be done online or at any of 13 Texas branches located in Dallas (4), DeSoto, Irving, Lewisville, Mesquite, Plano, Richardson, Rockwall (2), and The Colony. If you are already a CUTX member, a CD can be opened online.

If you prefer a brick-and-mortar experience, a PDF of the Membership Application is available to expedite the process.

Credit Union Overview

Credit Union Of Texas has an overall health grade of "B+" at, with a Texas ratio of 3.67% (excellent) based on March 31, 2015 data. In the past year, CUTX has increased its total deposits by $30.71 Million, an excellent annual growth rate of 3.06%. Please refer to our financial overview of Credit Union Of Texas for more details.

Credit Union Of Texas (NCUA Charter # 66327) was founded in 1931 by a small group of Dallas teachers. From very humble beginnings ($65 in total assets at founding), CUTX now ranks in the top 100 credit unions in the U.S., based on asset size. Today, CUTX’s membership numbers over 148,000, with assets in excess of $1.2 Billion. CUTX continues to honor its founding members through its commitment to the local educational community in the form of annual scholarships and the Adopt-A-School program.

How the CD Compares

When compared to the 418 similar length-of-term CDs tracked by, requiring a similar minimum deposit and available to Texas residents, Credit Union Of Texas’ 36-month CD currently ranks fifth.

The above rates are accurate as of 7/29/2015.

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

Related Pages: Credit Union Of Texas, Dallas, Tyler


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