Shell FCU (TX) Raises Rate On 60-Month Share Certificate


Deal Summary: 60-month Share Certificate, 2.55% APY ($500 min) and 2.60% APY ($50k min).

Availability: Residents of Harris County, Texas.

Over the weekend, Shell Federal Credit Union (Shell FCU) raised the rates on its 60-month Share Certificate, which now earns 2.55% APY ($500 min) and 2.60% APY ($50k min).

3.35*%$50k-Shell Federal Credit Union60 Month Share Certificate
OTHER TIERS: 3.30% $500 - $50k
3.35*%$50k-Shell Federal Credit Union60 Month IRA Certificate (Traditional, Roth)
OTHER TIERS: 3.30% $500 - $50k
Rates as of November 17, 2018.

The 60-month Share Certificate is also offered as an IRA (Traditional, Roth), earning the same APYs with the same funding requirements.

There were two rate changes for the 60-month Share Certificate in May (the first since July 2015), adding a total of 50 bps. These new rates are the highest for the 60-month Share Certificate in 6 ½ years.

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

For all accounts the amount of the early withdrawal penalty is based on the term of your account. The penalty is the greater of $25.00 or loss of dividends on amounts withdrawn, whether earned or not, to dividends that would have accrued over 50% of the remaining term of the account.


While Shell FCU’s RCA has been re-branded from "BE GREEN Checking" to simply "eChecking," the APY (2.20% APY, up to $20k) has remained constant for nearly four years, as have qualifying requirements.

  • At least 20 debit card purchases
  • At least one direct deposit or automatic payment
  • Enroll in and receive eStatements
  • Log in to Online or Mobile Banking at least once
2.20*%-$20kShell Federal Credit UnioneChecking
OTHER TIERS: 0.10% $20k+
Rates as of November 17, 2018.


Headquartered in Deer Park, Texas, Shell Federal Credit Union’s field of membership (FOM) is residency based, with individuals who live, work, worship, or attend school in Harris County, Texas, eligible for membership.

Joining Shell FCU and/or opening a Share Certificate can be done at any of nine Texas branches located in Deer Park, Houston (3), Humble, La Porte, Pasadena (2), and Spring.

While Shell FCU does not have an online application, it does offer a “Contact Me” form.

Interested in a Shell FCU Share Certificate?

Request to be contacted by a Shell FCU Representative.

Credit Union Overview

Shell Federal Credit Union has an overall health grade of "A" at, with a Texas Ratio of 5.05% (excellent) based on December 31, 2016 data. In the past year, Shell FCU has increased its total non-brokered deposits by $61.79 million, an excellent annual growth rate of 9.26%. Please refer to our financial overview of Shell Federal Credit Union (NCUA Charter # 1941) for more details.

Shell Federal Credit Union was chartered in 1937 as a credit union for the employees of Shell Oil Company. Forty employees attended the first organizational meeting in January 1937, and at the end of the evening all 40 joined, paying a 25¢ membership fee. Shell FCU is currently the 25th largest credit union in Texas, with more than 81,800 members and assets in excess of $827 million.

How the Share Certificate Compares

When compared to the 259 similar length-of-term CDs tracked by, which are available within the FOM, Shell Federal Credit Union's 60-month Share Certificate APYs currently rank third and fourth.

The above rates are accurate as of 5/15/2017.

To look for the best CD rates, both nationwide and state specific, please refer to our CD rates table, or our Rates Map page.

Related Pages: Houston checking accounts, reward checking accounts, 5-year CD rates

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