RelyOn Credit Union (TX) Adds Two Short-Term CD Specials


Deal Summary: Certificate Specials – 6-month (1.00% APY) and 12-month (1.10% APY), $2.5k minimum deposit, new money.

Availability: Residents of Dallas County and Kaufman County, Texas.

Beginning today, RelyOn Credit Union (RelyOn) is offering two limited-time Certificate Specials: 6-month (1.00% APY) and 12-month (1.10% APY). The minimum deposit for either of these Specials is $2.5k of new money, which is defined as funds not currently in a RelyOn account. There is no specified end-date for the Certificate Specials: it’s another case of “it’s available until it no longer is."

Note: as I am writing this, the Certificate Specials are not listed on RelyOn’s website. The information in this blog post was obtained from a conversation with CSR on December 3, 2020.

Update: These Certificate Specials are now listed on RelyOn’s website. This RelyOn landing page has more details of the promotion. It also describe a bonus option:

BONUS! If you open a RelyOn365 Checking Account you can receive an additional 0.25% APY increase on the 12-Month CD to earn 1.35% APY!

According to the Fee Schedule, the RelyOn 365 Checking Accounts have a $7 monthly account maintenance fee. There does not appear to be a way to have this fee waived. This bonus only applies to the RelyOn365 Checking Accounts. It does not apply to RelyOn’s Simple Checking, which is a free checking account. Thanks to the reader who emailed me this info.

While the Early Withdrawal Penalty (EWP) was not listed on the information sheet provided to CSR, the EWP listed on the Fee Schedule for non-special Certificates reads as follows:

Terms 12 months or less – 90 days interest

According to CSR, partial withdrawals are allowed.

Funding a Certificate Special can be done by wire (no charge for incoming wires), check, or cash. CSR stated that if a check is mailed, the Certificate Special will not be considered “open” until the check is received by RelyOn. Maturing funds will be distributed by cashier’s check mailed to the address on file or by wire ($30 fee).

Thanks to the DA reader who let me know about the Certificate Specials.


Headquartered in Dallas, Texas, RelyOn Credit Union’s field of membership (FOM) is residency based, with individuals who live, work, worship, or attend school in either Dallas County or Kaufman County eligible to join.

Joining RelyOn can be done online, or at either of two Texas branches located in Dallas and Kaufman. A third branch location is “coming soon” in Forney, Texas.

The Membership Application is available as a fillable download and can be returned to any branch location in person or by mail.

After the membership application is approved, a Certificate Special can be opened over the phone (214.357.3328) or at either of the above-mentioned branches.

A minimum $10 deposit into a Regular Savings Account establishes membership with RelyOn.

RelyOn participates in the CO-OP ATM network, but not the Shared Branch network.

Credit Union Overview

RelyOn Credit Union has an overall health grade of "B" at, with a Texas Ratio of 12.33% (above average), based on June 30, 2020 data. In the past year, RelyOn Credit Union has increased its total non-brokered deposits by $3.68 million, an excellent annual growth rate of 6.85%. Please refer to our financial overview of RelyOn Credit Union (NCUA Charter #68325) for more details.

RelyOn Credit Union was founded in 1952 as the Employees Credit Union (ECU), serving the employees of the East Texas Motor Freight System of Texarkana. The RelyOn rebrand occurred nearly three years ago, when ECU merged with Kaufman County Credit Union. Earlier this year, RelyOn partnered with the North Carolina-based Zogo, which provides a financial literacy app targeting Gen Z.

Give your family something fun to do. Kids can earn gift cards while learning financial literacy. Best for ages 13 and up.

How the Certificate Specials Compare

When compared to the similar length-of-term CDs tracked by that require a similar minimum deposit and are available within the FOM, RelyOn Credit Union’s 12-month Certificate Special APY currently ranks first.

When compared to the similar length-of-term CDs tracked by that require a similar minimum deposit and are available within the FOM, RelyOn Credit Union’s 6-month Certificate Special APY currently ranks first.

The above rates are accurate as of 12/4/2020.

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

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

RelyOn Credit Union (TX) Adds 24-Month CD Special
Deal Summary: Certificate Specials – 18-month (2.80% APY), 24-month (3.00% APY), 30-month (3.10% APY) $1k minimum deposit, new money.

Availability: Residents of Dallas and Kaufman Counties, Texas.

For a limited time, RelyOn Credit Union is offering three Certificate Specials: 18-month (2.80% APY), 24-month (3.00% APY), and 30-month (3.10% APY). The minimum deposit for any of these Specials is $1k of new money. “Current money in a RelyOn account does not qualify for promotional rate.”

According to CSR, the Early Withdrawal Penalty for any...

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