Best Texas CD Rates
Find out the best Texas CD rates if you are ready to invest in certificates of deposit in the Lone Star State before jumping on your horse. The purpose of investing is to earn and you might as well go with the bank that will earn your money the most. This will avoid any regrets in the future.
As of 12/06/2009, El Paso Teachers Federal Credit Union’s 1 year Shared Certificate or CD has an interest rate of 2.15% with an APY of 2.17%. Their 5 year Jumbo CD has an interest rate of 3.50% with an APY of 3.55%. It needs $500 minimum deposit to earn interest. Their Save-A-Lot CD also has the same exact rates except the minimum opening deposit is $25.00.
As of 12/02/2009, Access 1st Capital Bank’s 1 year CD has an interest rate of 1.49% with an APY of 1.50%. Their 5 year CD has an interest rate of 2.72% with an APY of 2.75%. The minimum opening balance to earn interest for their CDs is $1,000.
12/07/2009, Green Banks 1 year CD has an interest rate of 1.49% with an APY of 1.50%. Their 5 year CD has an interest rate of 2.72% with an APY of 2.75%. The minimum balance to open and earn interest is $1,000.
As of 11/05/2009, Southwestern National Bank’s 1 year CD has an interest rate of 1.54% with an APY of 1.55%. Their 5 year CD has an interest rate of 2.225% with an APY of 2.25%. These are rates for CDs with less than $99,000 balance. The minimum opening deposit is $500.
As of 12/06/2009, Golden Bank’s 1 year CD has an interest rate of 1.54% with an APY of 1.55%. Their 3 year CD has an interest rate of 1.83% with an APY of 1.85%. This is for CDs with $1,500 minimum balance. However, for a minimum balance of $95,000, their 3 year CD has an interest rate of 1.94% with an APY of 1.95%.
Since all bank CD rates are subject to change without prior notice, it will be best to check in with the banks before you make your investment.
These are the best Texas CD rates to date.