TDECU (TX) Promo Rate 12-Month CD Earns 2.20% APY


Deal Summary: 12-month Promo Rate CD, 2.20% APY, $1k minimum deposit.

Availability: Residents of 30 Texas counties; employees/retirees/members of 120+ SEGs.

At the end of October, TDECU added a 12-month Promo Rate CD earning 2.20% APY. This limited-time special requires a $1k minimum opening deposit, with no stated balance cap.

The 12-month Promo Rate CD is also available as an IRA (Traditional or Roth), earning the same APY with the same funding requirements.

As stated on the Rates and Fees page (Miscellaneous Account Fees), the Early Withdrawal Penalty reads as follows:

Maturity of 3-12 Months – 90 days interest (applies to amount withdrawn)

High-Yield Checking

About six months ago, TDECU introduced its High-Yield Checking, which earns 3.00% APY on qualifying balances up to $20k. Qualifying balances over $20k earn 0.25% APY, with non-qualifying balances earning 0.02% APY.

1.00*%-$20kTDECUHigh-Yield Checking
OTHER TIERS: 0.25% $20k+
Rates as of January 20, 2021.

Qualification Requirements

  • At least 20 debit card purchases ($1 minimum) per statement cycle.
  • At least one direct deposit or automatic ACH payment of at least $500 per statement cycle.
  • Receive eDocuments.

The High-Yield Checking account has no minimum balance requirement, no monthly service fee, and no minimum opening deposit. Nationwide ATM fees will be reimbursed up $30 per month, if qualifications are met. There is a limit of one account per member.

While there isn’t a companion High-Yield Savings account per se,

We'll automatically upgrade your primary savings account to earn 1.00% APY.

If the High-Yield Checking account’s qualifications are met, primary savings balances will earn 1.00% up to $50k and 0.25% APY on balances over $50k. If the requirements are not met, the total balance will earn 0.10% APY (the current default rate).


Headquartered in Lake Jackson, Texas, TDECU’s field of membership (FOM) is primarily residency and employment based.

Residency: Individuals who live, work, worship, or attend school in the Texas counties of Bastrop, Bexar, Blanco, Brazoria, Caldwell, Calhoun, Collin, Comal, Dallas, Denton, DeWitt, Fayette, Fort Bend, Galveston, Goliad, Gonzales, Guadalupe, Harris, Hays, Jackson, Kendall, Lavaca, Lee, Matagorda, Montgomery, Refugio, Tarrant, Travis, Victoria, or Williamson, are eligible to join.

Employment/Affiliation: Employees (and their family members), retirees, and members of more than 120 companies and organizations also qualifying for membership. The largest of these companies include AMOCO Chemical, BASF, Dow Chemical, and Chevron-Texaco.

Education: Students, faculty, staff, and alumni of the University of Houston are eligible to apply for membership.

Relationship: Family members of current TDECU members are also welcome to apply.

Joining TDECU and/or opening a Promo Rate CD can be done online, by phone (800.839.1154), or at any of 39 Texas branches located in Angleton, Bay City, Baytown, Brazoria, Cuero, Edna, Fort Worth, Freeport, Garland, Hallettsville, Houston (10), Katy, Lake Jackson (2), Missouri, Pasadena (2) Pearland, Port Lavaca, Rosenberg, Seadrift, Shenandoah, Sugar Land, Texas City, Victoria (4), West Columbia, and Yoakum.

TDECU will fund $5 for your new savings account and $1 into your new checking account to give you all the benefits of membership!

TDECU participates in both the CO-OP Shared Branch and ATM networds, giving members,

Free Access to over 55,000 surcharge-free ATMs and over 5,000 credit union service centers across the United States.

Credit Union Overview

TDECU has an overall health grade of "A" at, with a Texas Ratio of 8.61% (excellent) based on September 30, 2019 data. In the past year, TDECU has increased its total non-brokered deposits by $157.62 million, an excellent annual growth rate of 6.14%. Please refer to our financial overview of TDECU (NCUA Certificate # 60705) for more details.

Established in 1955, TDECU was originally known as the Texas Dow Employees Credit Union. The seven founding members were Dow employees who each contributed $5 to loan a friend $35 to buy a refrigerator. TDECU is currently the fourth largest credit union in Texas, with more than 325,000 members and assets in excess of $3.4 billion. According to a recent press release,

TDECU won top honors as the Texas Crossroads Region’s ‘Best Financial Institution,’ ‘Best Mortgage Company’ and ‘Best Financial Planner - Lydia Mobley’ by readers of the Victoria Advocate.

The Victoria Advocate’s ‘Best of the Best’ awards were based on commitment to superior personal service, longevity in the Victoria market, financial strength and stability, and willingness to accommodate Members’ needs with customized financial solutions..

How the Promo Rate CD Compares

When compared to 311 similar length-of-term CDs tracked by that require a similar minimum deposit and are available within the FOM, TDECU’s 12-month Promo Rate CD APY currently ranks second.

These rates are accurate as of 1/2/2020.

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

Related Pages: Houston checking accounts, Dallas checking accounts, Victoria checking accounts, San Antonio checking accounts, reward checking accounts, 1-year CD rates

TDECU Promotes 36-Month Rising Rate CD, 3.56% Blended APY
Deal Summary: 36-month Rising Rate Certificate, 3.56% blended APY, $1k minimum deposit

Availability: Residents of 30 Texas counties; employees/retirees/members of 120+ SEGs.

TDECU recently added a 36-month Rising Rate CD, which earns a blended 3.56% APY. The minimum opening deposit is $1k, though the “kids and teen accounts” can be opened with as little as $100.

According to the promotion page, the “Rate automatically increases on the one year and two year anniversary of the CD.” The fixed APYs are:

  • 3.04% APY – Year 1
  • 3.56% APY...
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Top 5-Year CD Rate at TDECU in the Houston Area - Local Only

Texas Dow Employees Credit Union continues to offer a very competitive 5-year CD rate: 3.00% APY for a $1,000 minimum deposit and a 3.25% APY for a $100,000 minimum. These rates are listed at the credit union's rates page as of 8/19/2011.

When I last reported on this credit union in March, it also had some competitive 3-year and 4-year CD rates, but those rates, unlike the 5-year CD rate, have fallen.

Credit Union Membership

The only place on the credit union's website where I have found the membership eligibility requirements is in...

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Top 5-Year CD Rate at TDECU in Texas - Local Only

Texas Dow Employees Credit Union continues to offer some competitive CD rates. The short-term CD rates have gone down a little since my last report in November. However, the 5-year CD rate remains at 3.00% APY. Also, they continue to offer an additional 0.25% for Jumbo CDs with a $100K minimum. The standard CDs have a $1,000 minimum deposit. Some of the best standard CD rates as listed at the credit union's rates page as of 3/16/2011 include:

  • 3.00% APY 5-year CD
  • 2.30% APY 4-year CD
  • 2.00% APY 3-year CD
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Competitive CD Rates at TDECU in Texas - Local Only

Texas Dow Employees Credit Union is offering several competitive CD rates. Another nice aspect is that Jumbo CDs earn a 0.25% APY above standard CD APY. A $100K deposit qualifies as a Jumbo. It seems like it's harder to find institutions rewarding Jumbo CDs by that much these days. The standard CDs have a $1,000 minimum deposit. Some of the best standard CD rates as listed at the credit union's rates page as of 11/19/2010 include:

  • 3.00% APY 5-year CD
  • 2.45% APY 4-year CD
  • 2.20% APY 3-year CD
  • 1.75% APY 2-year CD
  • 1.20% APY 1-year...
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