Texas

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Credit Union CD Rates – 2-Year – Texas 2020

Below are two year Certificates of Deposit (CD) rates from credit unions located in Texas. Two year CDs generally offer a higher rate than 1 year CDs but require a longer commitment. Depending on the economy, longer term CDs may or may not offer more premium as the term increases. If you expect rates on credit union and bank products to drop, can afford to lock the money away, and feel you are receiving enough premium for the time commitment, then longer-term CDs may be appropriate.

TX - May 29, 2020

2 Year CD National Average : 0.66% ?

Advertiser Disclosure
Credit Unions APY MIN MILES ?
2.78% $500 - Learn More
Houston Police
Restrictions
2.43% $100,000 - Learn More
2.42% $100,000 - Learn More
2.40% $100,000 - Learn More
Houston Police
Restrictions
2.17% $1,000 - Learn More
Neches
Restrictions
2.17% $100,000 - Learn More
2.15% $10,000 - Learn More
Bayer Heritage
Restrictions
2.02% $500 - Learn More
Chemcel
Restrictions
2.00% $75,000 - Learn More
Mil-way
Restrictions
2.00% $2,500 - Learn More
Las Colinas
Restrictions
1.98% $50,000 - Learn More
1.95% $100,000 - Learn More
Chemcel
Restrictions
1.90% $1,000 - Learn More
Advancial
Restrictions
1.88% $50,000 - Learn More
1.87% $10,000 - Learn More
Fivepoint
Restrictions
1.82% $99,000 - Learn More
Trugrocer
Restrictions
1.81% $10,000 - Learn More
1.81% $1,000 - Learn More
Barksdale
Restrictions
1.76% $1,000 - Learn More
1.76% $500 - Learn More
Domino
Restrictions
1.74% $500 - Learn More
Education First
Restrictions
1.71% $500 - Learn More
1.68% $2,000 - Learn More
Advancial
Restrictions
1.67% $1,000 - Learn More
Bp
Restrictions
1.66% $1,000 - Learn More
Baptist
Restrictions
1.66% $500 - Learn More
1.66% $1,000 - Learn More
1.66% $500 - Learn More
Premier America
Restrictions
1.65% $100,000 - Learn More
Lone Star
Restrictions
1.61% $90,000 - Learn More
My
Restrictions
1.61% $2,000 - Learn More
Fivepoint
Restrictions
1.61% $1,000 - Learn More
Secured Advantage
Restrictions
1.60% $90,000 - Learn More
1.60% $95,000 - Learn More
1.60% $100,000 - Learn More
Wellspring
Restrictions
1.56% $100,000 - Learn More
Ep
Restrictions
1.56% $1,000 - Learn More
1.56% $100,000 - Learn More
Lufkin
Restrictions
1.56% $10,000 - Learn More
American Airlines
Restrictions
1.56% $10,000 - Learn More
Texas Bridge
Restrictions
1.56% $25,000 - Learn More
Air Force
Restrictions
1.55% $100,000 - Learn More
Premier America
Restrictions
1.55% $10,000 - Learn More
Southland
Restrictions
1.51% $100,000 - Learn More
1.51% $1,000 - Learn More
1.51% $100,000 - Learn More
Westex
Restrictions
1.51% $100,000 - Learn More
Centex Citizens
Restrictions
1.51% $1,000 - Learn More
Neches
Restrictions
1.50% $1,000 - Learn More
1.50% $1,000 - Learn More
1.50% $50,000 - Learn More
1.50% $1,000 - Learn More
Delta Community
Restrictions
1.50% $1,000 - Learn More
Members
Restrictions
1.50% $1,000 - Learn More
1.50% $1,000 - Learn More
Kelly Community
Restrictions
1.46% $1,000 - Learn More
Security First
Restrictions
1.46% $100,000 - Learn More
Wellspring
Restrictions
1.46% $1,000 - Learn More
1.46% $50,000 - Learn More
1.46% $50,000 - Learn More
1.45% $100,000 - Learn More
Endurance
Restrictions
1.45% $99,000 - Learn More
Chevron
Restrictions
1.45% $100,000 - Learn More
Credit Human
Restrictions
1.45% $1,000 - Learn More
Eecu
Restrictions
1.45% $50,000 - Learn More
1.41% $1,000 - Learn More
Great Plains
Restrictions
1.41% $25,000 - Learn More
Randolph-brooks
Restrictions
1.41% $5,000 - Learn More
Gecu
Restrictions
1.41% $50,000 - Learn More
Texas Bridge
Restrictions
1.41% $1,000 - Learn More
1.41% $1,000 - Learn More
1.41% $99,000 - Learn More
1.41% $1,000 - Learn More
1.40% $10,000 - Learn More
Air Force
Restrictions
1.40% $2,500 - Learn More
Chevron
Restrictions
1.40% $500 - Learn More
1.40% $1,000 - Learn More
Texas Telcom
Restrictions
1.40% $1,000 - Learn More
Eecu
Restrictions
1.40% $1,000 - Learn More
United Heritage
Restrictions
1.40% $1,000 - Learn More
Mobiloil
Restrictions
1.36% $1,000 - Learn More
1.36% $10,000 - Learn More
1.36% $1,000 - Learn More
1.36% $1,000 - Learn More
1.36% $50,000 - Learn More
Firstlight
Restrictions
1.35% $100,000 - Learn More
1.35% $50,000 - Learn More
Beacon
Restrictions
1.35% $90,000 - Learn More
1.35% $10,000 - Learn More
Border
Restrictions
1.35% $100,000 - Learn More
1.35% $1,000 - Learn More
Texas Telcom
Restrictions
1.35% $50,000 - Learn More
Eastman
Restrictions
1.35% $100,000 - Learn More
Texas Tech
Restrictions
1.32% $1,000 - Learn More
Houston
Restrictions
1.32% $100,000 - Learn More
Dugood
Restrictions
1.31% $100,000 - Learn More
Pantex
Restrictions
1.31% $2,500 - Learn More
1.31% $10,000 - Learn More
Austin Telco
Restrictions
1.31% $95,000 - Learn More
Great Plains
Restrictions
1.31% $10,000 - Learn More
Harris County
Restrictions
1.31% $95,000 - Learn More
White Sands
Restrictions
1.31% $25,000 - Learn More
Gecu
Restrictions
1.31% $1,000 - Learn More
Assemblies Of God
Restrictions
1.31% $1,000 - Learn More
Members Choice
Restrictions
1.31% $50,000 - Learn More
Datcu
Restrictions
1.31% $1,000 - Learn More
North East Texas
Restrictions
1.31% $1,000 - Learn More
1.31% $1,000 - Learn More
1.31% $1,000 - Learn More
Energy One
Restrictions
1.30% $100,000 - Learn More
Greater Texas
Restrictions
1.30% $95,000 - Learn More
Shell
Restrictions
1.30% $100,000 - Learn More
1.30% $75,000 - Learn More
Doches
Restrictions
1.30% $2,000 - Learn More
First Community
Restrictions
1.30% $100,000 - Learn More
Eastman
Restrictions
1.30% $1,000 - Learn More
Membersource
Restrictions
1.30% $100,000 - Learn More
First Service
Restrictions
1.30% $50,000 - Learn More
1.26% $90,000 - Learn More
One Source
Restrictions
1.26% $50,000 - Learn More
Austin Telco
Restrictions
1.26% $1,000 - Learn More
1.26% $5,000 - Learn More
1.26% $1,000 - Learn More
1.26% $500 - Learn More
Westex
Restrictions
1.26% $10,000 - Learn More
Windthorst
Restrictions
1.26% $1,000 - Learn More
1.26% $1,000 - Learn More
1.26% $1,000 - Learn More
Ep
Restrictions
1.25% $100,000 - Learn More
Firstlight
Restrictions
1.25% $500 - Learn More
1.25% $500 - Learn More
Shell
Restrictions
1.25% $500 - Learn More
Beacon
Restrictions
1.25% $1,000 - Learn More
Endurance
Restrictions
1.25% $10,000 - Learn More
Jsc
Restrictions
1.25% $500 - Learn More
1.25% $1,000 - Learn More
Border
Restrictions
1.25% $10,000 - Learn More
1.25% $95,000 - Learn More
1.25% $10,000 - Learn More
1.25% $100 - Learn More
1.25% $1,000 - Learn More
Dugood
Restrictions
1.21% $1,000 - Learn More
1.21% $1,000 - Learn More
Security First
Restrictions
1.21% $1,000 - Learn More
Geico
Restrictions
1.21% $1,000 - Learn More
Harris County
Restrictions
1.21% $500 - Learn More
White Sands
Restrictions
1.21% $1,000 - Learn More
Synergy
Restrictions
1.21% $75,001 - Learn More
Members Choice
Restrictions
1.21% $500 - Learn More
1.21% $1,000 - Learn More
Energy One
Restrictions
1.20% $1,000 - Learn More
Greater Texas
Restrictions
1.20% $1,000 - Learn More
1.20% $1,000 - Learn More
Pentagon
Restrictions
1.20% $1,000 - Learn More
Houston
Restrictions
1.20% $500 - Learn More
1.20% $1,000 - Learn More
Firstmark
Restrictions
1.20% $100,000 - Learn More
First Community
Restrictions
1.20% $500 - Learn More
City
Restrictions
1.20% $1,000 - Learn More
Membersource
Restrictions
1.20% $500 - Learn More
First Service
Restrictions
1.20% $1,000 - Learn More
Texell
Restrictions
1.20% $1,000 - Learn More
Riverland
Restrictions
1.20% $10,000 - Learn More
Resource One
Restrictions
1.19% $90,000 - Learn More
One Source
Restrictions
1.16% $500 - Learn More
1.16% $95,000 - Learn More
Santa Fe
Restrictions
1.16% $500 - Learn More
Walker County
Restrictions
1.15% $1,000 - Learn More
Unify Financial
Restrictions
1.15% $100,000 - Learn More
1.15% $1,000 - Learn More
Doches
Restrictions
1.15% $95,000 - Learn More
Smart Financial
Restrictions
1.15% $100,000 - Learn More
Investex
Restrictions
1.12% $50,000 - Learn More
1.11% $1,000 - Learn More
Valley
Restrictions
1.11% $10,000 - Learn More
Synergy
Restrictions
1.11% $1,000 - Learn More
1.11% $10,000 - Learn More
Union Square
Restrictions
1.11% $1,000 - Learn More
1.10% $50,000 - Learn More
1.10% $50,000 - Learn More
Firstmark
Restrictions
1.10% $500 - Learn More
1.10% $1,000 - Learn More
Fort Worth City
Restrictions
1.10% $95,000 - Learn More
First Basin
Restrictions
1.10% $1,000 - Learn More
Capitol
Restrictions
1.10% $99,999 - Learn More
Community Service
Restrictions
1.10% $10,000 - Learn More
Unity One
Restrictions
1.10% $500 - Learn More
Mtcu
Restrictions
1.09% $99,000 - Learn More
Resource One
Restrictions
1.09% $500 - Learn More
1.06% $1,000 - Learn More
Libertyone
Restrictions
1.06% $25,000 - Learn More
River City
Restrictions
1.05% $100,000 - Learn More
Unify Financial
Restrictions
1.05% $1,000 - Learn More
1.05% $10,000 - Learn More
First Central
Restrictions
1.05% $1,000 - Learn More
Rockdale
Restrictions
1.02% $1,000 - Learn More
Kerr County
Restrictions
1.01% $1,000 - Learn More
Bayer Heritage
Restrictions
1.01% $500 - Learn More
1.01% $1,000 - Learn More
Texoma Community
Restrictions
1.01% $1,000 - Learn More
1.00% $1,000 - Learn More
River City
Restrictions
1.00% $1,000 - Learn More
1.00% $10,000 - Learn More
Primeway
Restrictions
1.00% $1,000 - Learn More
1.00% $100,000 - Learn More
1.00% $1,000 - Learn More
The People's
Restrictions
1.00% $5,000 - Learn More
Golden Triangle
Restrictions
1.00% $1,000 - Learn More
Genco
Restrictions
1.00% $1,000 - Learn More
1st Community
Restrictions
1.00% $1,000 - Learn More
1.00% $2,500 - Learn More
1.00% $1,000 - Learn More
Baycel
Restrictions
1.00% $2,500 - Learn More
Texar
Restrictions
1.00% $1,000 - Learn More
1.00% $1,000 - Learn More
Energy Capital
Restrictions
1.00% $1,000 - Learn More
America's
Restrictions
1.00% $100,000 - Learn More
Fort Worth City
Restrictions
1.00% $1,000 - Learn More
Southwest 66
Restrictions
1.00% $1,000 - Learn More
Capitol
Restrictions
1.00% $1,000 - Learn More
Smart Financial
Restrictions
1.00% $1,000 - Learn More
Relyon
Restrictions
1.00% $1,000 - Learn More
Texas Trust
Restrictions
1.00% $500 - Learn More
Lone Star
Restrictions
1.00% $500 - Learn More
Mtcu
Restrictions
0.98% $1,000 - Learn More
Cy-fair
Restrictions
0.97% $100,000 - Learn More
H E B
Restrictions
0.97% $10,000 - Learn More
Libertyone
Restrictions
0.96% $500 - Learn More
Shared Resources
Restrictions
0.95% $5,000 - Learn More
Postel Family
Restrictions
0.95% $1,000 - Learn More
0.95% $10,000 - Learn More
University
Restrictions
0.95% $100,000 - Learn More
0.95% $100,000 - Learn More
Nascoga
Restrictions
0.95% $1,000 - Learn More
Cal-com
Restrictions
0.95% $100,000 - Learn More
0.95% $1,000 - Learn More
Texas Bay
Restrictions
0.95% $50,000 - Learn More
Educators
Restrictions
0.95% $1,000 - Learn More
0.90% $1,000 - Learn More
0.90% $1,000 - Learn More
First Abilene
Restrictions
0.90% $50,000 - Learn More
0.90% $90,000 - Learn More
Amoco
Restrictions
0.90% $1,000 - Learn More
0.90% $1,000 - Learn More
0.90% $500 - Learn More
Xceed Financial
Restrictions
0.90% $500 - Learn More
Gulf
Restrictions
0.90% $500 - Learn More
Energy Capital
Restrictions
0.90% $1,000 - Learn More
America's
Restrictions
0.90% $5,000 - Learn More
Education
Restrictions
0.90% $10,000 - Learn More
Service 1st
Restrictions
0.90% $2,000 - Learn More
Velocity
Restrictions
0.90% $1,000 - Learn More
Cy-fair
Restrictions
0.89% $5,000 - Learn More
Justice
Restrictions
0.89% $100,000 - Learn More
People's Trust
Restrictions
0.86% $100,000 - Learn More
0.85% $1,000 - Learn More
University
Restrictions
0.85% $1,000 - Learn More
Concho Educators
Restrictions
0.85% $90,000 - Learn More
A+
Restrictions
0.85% $1,000 - Learn More
First Technology
Restrictions
0.85% $50,000 - Learn More
Energy Capital
Restrictions
0.85% $1,000 - Learn More
Investex
Restrictions
0.85% $1,000 - Learn More
United Community
Restrictions
0.85% $1,000 - Learn More
Intouch
Restrictions
0.85% $1,000 - Learn More
First Abilene
Restrictions
0.80% $1,000 - Learn More
People's Trust
Restrictions
0.80% $10,000 - Learn More
Cal-com
Restrictions
0.80% $500 - Learn More
First Technology
Restrictions
0.80% $50,000 - Learn More
Truwest
Restrictions
0.80% $500 - Learn More
0.80% $100,000 - Learn More
Justice
Restrictions
0.78% $500 - Learn More
Texas Health
Restrictions
0.76% $1,000 - Learn More
0.75% $1,000 - Learn More
0.75% $1,000 - Learn More
Go
Restrictions
0.75% $1,000 - Learn More
Concho Educators
Restrictions
0.75% $500 - Learn More
Ohio Catholic
Restrictions
0.75% $25,000 - Learn More
Citizens
Restrictions
0.75% $90,000 - Learn More
Las Colinas
Restrictions
0.75% $1,000 - Learn More
Security Service
Restrictions
0.75% $100,000 - Learn More
First Technology
Restrictions
0.75% $500 - Learn More
0.75% $500 - Learn More
Altra
Restrictions
0.75% $1,000 - Learn More
Texas Bay
Restrictions
0.75% $1,000 - Learn More
0.75% $500 - Learn More
0.75% $75,000 - Learn More
0.71% $500 - Learn More
Truity
Restrictions
0.70% $500 - Learn More
Ohio Catholic
Restrictions
0.70% $500 - Learn More
0.70% $100,000 - Learn More
First Technology
Restrictions
0.70% $500 - Learn More
Access Community
Restrictions
0.70% $5,000 - Learn More
0.70% $10,000 - Learn More
Southland
Restrictions
0.65% $10,000 - Learn More
Security Service
Restrictions
0.65% $500 - Learn More
0.65% $1,000 - Learn More
Texans
Restrictions
0.65% $1,000 - Learn More
0.65% $500 - Learn More
0.65% $500 - Learn More
Go
Restrictions
0.60% $99,000 - Learn More
Laredo
Restrictions
0.60% $1,000 - Learn More
0.60% $500 - Learn More
0.60% $1,000 - Learn More
Members Financial
Restrictions
0.55% $50,000 - Learn More
Secured Advantage
Restrictions
0.55% $500 - Learn More
0.55% $500 - Learn More
Mesquite
Restrictions
0.55% $1,000 - Learn More
Baxter
Restrictions
0.55% $500 - Learn More
F A A
Restrictions
0.53% $50,000 - Learn More
Members First
Restrictions
0.50% $500 - Learn More
0.50% $2,500 - Learn More
F A A
Restrictions
0.50% $500 - Learn More
0.45% $500 - Learn More
Members Financial
Restrictions
0.45% $10,000 - Learn More
Abilene Teachers
Restrictions
0.45% $100,000 - Learn More
Go
Restrictions
0.40% $1,000 - Learn More
0.40% $1,000 - Learn More
Metro Medical
Restrictions
0.40% $1,000 - Learn More
0.40% $50,000 - Learn More
Citizens
Restrictions
0.35% $5,000 - Learn More
Heritage Usa
Restrictions
0.30% $500 - Learn More
Allied
Restrictions
0.30% $500 - Learn More
West Texas
Restrictions
0.30% $1,000 - Learn More
0.30% $10,000 - Learn More
Abilene Teachers
Restrictions
0.25% $500 - Learn More
Texoma Educators
Restrictions
0.14% $10,000 - Learn More
Texas
Restrictions
0.05% $5,000 - Learn More
All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

PRODUCT INFORMATION

Credit Union Certificates of Deposit 2020

Credit union certificates of deposit (“CDs”, also commonly called “time deposits�t at credit unions) are contract-based and time-based savings vehicles that are offered by credit unions. In return for agreeing to keep your money tied up with the credit union for a given time period, you earn a fixed rate or return that cannot change over the course of that period. Should you need your money before the expiration of the contractual period, the penalties for early withdrawal can be severe. Not all credit unions even offer early withdrawal from CDs; many that do offer it maintain the right to deny it in their fine print. It therefore is important to fully understand the terms of any time-based deposit that you enter with a credit union. Read this article for further detail on early withdrawal penalties. {hyperlink: https://www.bestcashcow.com/articles/can-you-always-withdraw-your-money-early-from-a-cd-9178}

Many Americans enjoy performing their banking transactions with credit unions, citing better rates, non-profit status (owned by its depositors), more helpful employees, and a commitment to the community that is above the level offered by local banks. You will find a map with all credit unions that are close to you here. It is important to note that some credit unions have limited fields of membership, although others are more open ended. Under any circumstance, you must meet the membership requirements in order to become a member and open a CD or time deposit.

Those who are willing to tie up their money for one year will often get a slight premium over the best available savings rates. People who work with credit unions may find that they offer better rates on CDs or time deposits than local banks and online banks. You however should check the local bank rates where you live here and the online rates here.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

NCUA Insurance

Most, but not all, credit unions listed on BestCashCow are insured by the National Credit Union Administration (NCUA). You should confirm that the credit union that you are working with is NCUA-insured by visiting that institution’s BestCashCow page (NCUA coverage is detailed on the overview tab). The NCUA insures each named individual's deposits to $250,000 for all accounts at the credit union within ownership class. The rules are very similar, but not identical, to those for FDIC insurance. You should always stay within NCUA insurance limits.

BestCashCow strongly recommends that you deposit money only in NCUA insured credit unions and that you stay within insured limits. If you are considering depositing over $250,000 at a single NCUA-insured credit union across products (share certificates, time deposits, etc.) or across types of ownership (individual, joint, etc.) you should use the NCUA’s Share Insurance Toolkit in order to be sure that you are not exceeding coverage limits.

FREQUENTLY ASKED QUESTIONS ABOUT CREDIT UNIONS

Is my money any less safe at a credit union?

As long as your credit union is NCUA insured and you stay within the NCUA limits, As long as your credit union is NCUA insured and you stay within the NCUA limits, your money is no less safe than it would be in an FDIC-insured bank.

Is there any difference between a time deposit offered by a credit union and a CD account offered by a bank?

The difference is mainly one of terminology. But, you should always completely understand the terms of a time deposit or CD before you enter it, paying careful attention to the early withdrawal penalties. A reasonable early withdrawal penalty for a 1-year CD or time deposit is 3 months, and a reasonable early withdrawal penalty for a longer term CD is 6 months.

Does the small amount of interest gained on a time deposit make sense given the fact that I am losing access to my capital (liquidity)?

This is a decision that depends on your own specific circumstances, your needs for cash, and other investments that you may wish to pursue over the period of your time deposit or CD. The premium in a one-year CD is very small, with the premium of longer-term CDs being a little wider. A small difference in compounding interest can make a large difference over long period of time. You may wish to familiarize yourself with our Savings Booster Calculator  {insert hyperlink} in order to understand the importance of compounding interest at higher rates on your money over time.

SAVINGS & CD CALCULATOR

Find out how much extra money you can earn by moving your bank money into an account that pays more.

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