Security Service Federal Credit Union has a CD promotion with some competitive rates for a 15-month term. The yields vary based on the balance:
- 1.85% APY $500 to $25K
- 1.90% APY $25K to $50k
- 1.95% APY $50K to $100K
- 2.00% APY $100K+
The CD promotion also includes two other terms, but the rates are not quite as competitive. The top rates are 2.05% APY for the 24-month CD and a 2.55% APY for a 36-month CD. The CDs are also available as an IRA certificate. The rates are listed in the rates table (pdf) as of 5/04/2010.
Membership is open to those who live, work or worship in Central Texas counties of Medina, Atascosa, Uvalde or South Bexar in addition to other areas. In South Texas the eligible counties include Cameron, Hidalgo, Aransas, San Patricio and Nueces. In Colorado the eligible counties include El Paso, Pueblo and Denver.
There are several groups which can also qualify you for membership including the UT at San Antonio Alumni Association and the FiftyPlus Club. Please refer to the credit union's membership page for more details. Membership requires a $5 minimum deposit into a share savings account.
Branches are located in several Texas cities including San Antonio, McAllen, Brownsville and Corpus Christi. It's also locaed in several Colorado cities including Colorado Springs, Denver, Aurora, Fountain and Pueblo.
The credit union's ratings are above average: 4 stars (excellent) at BauerFinancial and 3 stars (performing) at Bankrate.com. Both ratings are based on 12/31/09 financial data. The credit union is federally insured by the NCUA (Charter # 11065). It's a large credit union with $5.2 billion in assets.
Searching for the Best CD Rates
To search for the best nationwide CD rates and the best CD rates in your state, please refer to the CD rates section of DepositAccounts.com. The tables now have a new & improved format!