Texas

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Credit Union CD Rates – 2-Year – Willow Park, Texas

You are viewing rates from credit unions across Willow Park





Below are two year Certificates of Deposit (CD) rates from credit unions located in Willow Park, 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.

Willow Park, TX - August 5, 2025

2 Year CD National Average : 0.66% ?

Credit Unions APY MIN MILES ?

Rate History: 4.95% → 4.94%

Rate History: 4.13% → 4.60% → 4.85% → 4.59% → 4.91%

Rate History: 4.84% → 4.85%

| Sep 8, 2022

Great place to bank. Love credit unions and the staff here. Best rates in Austin at Star of Texas! Read More

4.75%

$1,000

-

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Rate History: 4.65% → 4.65% → 4.75% → 4.75% → 4.40%

| Jul 10, 2019

Does credit human use ChexSystems Read More

Rate History: 4.30% → 4.20%

Rate History: 4.15% → 3.90% → 3.40% → 3.90% → 4.15%

| Aug 17, 2016

Hello, I am the CEO of a small credit union here in Dallas, and we are currently looking for another credit union to deposit a CD into. We are not receiving much of a benefit from our current instituti... Read More

Rate History: 3.81% → 4.07%

| Aug 17, 2016

Hello, I am the CEO of a small credit union here in Dallas, and was wondering what the criteria for becoming a member and depositing a CD of around $150k to $200k. We are looking to move a large some... Read More

Rate History: 3.90% → 4.05%

Rate History: 4.81% → 4.55% → 3.87% → 4.03%

Rate History: 4.11% → 4.01% → 4.27% → 4.01%

| Jan 21, 2021

Horrible untrustworthy people and a grifter mentality, stay away! Closed my account and reported them to https://www.ncua.gov/. Read More

4.00%

$95,000

-

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Rate History: 5.00% → 4.25% → 4.00% → 4.50% → 4.00%

| Jan 1, 2022

Great Customer Service. Good Interest Rates and a Great Local Bank. - SK Read More

Rate History: 5.13% → 4.89% → 4.41% → 4.17% → 3.93%

Rate History: 2.99% → 3.92%

| Jun 12, 2017

five star......great location...fast service Read More

Rate History: 4.35% → 4.15% → 3.95% → 3.85% → 3.80%

Rate History: 4.07% → 3.92% → 3.85% → 3.75% → 3.80%

3.76%

$500

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Rate History: 3.00% → 4.00% → 3.75%

3.75%

$1,000

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Rate History: 4.85% → 4.25% → 3.75%

Rate History: 4.25% → 4.00% → 3.90% → 3.80% → 3.70%

Rate History: 4.15% → 4.05% → 3.75% → 3.66%

| Feb 25, 2023

HORRIBLE SERVICE. My son's campus checking account was hacked and over $9000 was stolen. Fraud department was impossible to reach and we waited on phone several days for over 2 hours at a time. They too... Read More

Rate History: 4.10% → 4.00% → 3.70% → 3.60%

| Feb 25, 2023

HORRIBLE SERVICE. My son's campus checking account was hacked and over $9000 was stolen. Fraud department was impossible to reach and we waited on phone several days for over 2 hours at a time. They too... Read More

Rate History: 4.07% → 3.76% → 3.66% → 3.56%

| Dec 19, 2019

Ali123 Read More

Rate History: 3.76% → 3.82% → 3.52%

Rate History: 4.30% → 4.20% → 3.50%

Rate History: 4.10% → 3.40%

| Jan 24, 2020

This rate is not accurate as it is 2.25% Read More

Rate History: 5.00% → 4.50% → 4.25% → 3.35%

3.30%

$1,000

-

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| Jun 14, 2019

This bank gives you the runaround to find simple rates such as Roth rate and traditional ira but when it comes to cd rates it is very easily attainable. And the 1st information when you select rates but to... Read More

Rate History: 4.20% → 4.00% → 3.60% → 3.55% → 3.20%

| Dec 25, 2023

I joined in PENFED in Spring Of 2023 after 15 yrs of belonging to one of the banking giants. I found my accounts dwindling fast unexplained decreases. I decided to close the account but had to return a mer... Read More

Rate History: 3.50% → 3.75% → 3.90% → 3.60% → 3.10%

Rate History: 3.10% → 3.00%

Rate History: 3.00% → 2.00% → 3.00%

| Nov 24, 2020

Earlier this year just before the pandemic I was involved in a vehicular accident that resulted in me losing my car in total loss. Following the trend of how 2020 has gone, my hours for work were cut do to... Read More

Rate History: 2.99% → 2.89%

| Jun 12, 2017

five star......great location...fast service Read More

Rate History: 3.80% → 3.70% → 3.95% → 2.80% → 2.75%

Rate History: 3.00% → 3.75% → 3.50% → 3.25% → 2.75%

| May 12, 2016

19 what, years or months Read More

| Nov 5, 2023

I am a 30 year customer at this institution. Recently applied for a CD funded by money already in the system different account. 10 days later has still not been processed. Multiple calls no solution, at t... Read More

1.40%

$100,000

-

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| May 20, 2022

Avoid this bank! After almost 20 years as a customer with multiple auto and other loans paid on time, Car Max gave us a better rate which shows they could care less about loyalty. Debit cards constantly ha... Read More

1.30%

$100,000

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1.30%

$10,000

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1.30%

$50,000

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| Aug 17, 2016

Hello, I am the CEO of a small credit union here in Dallas, and we are currently looking for another credit union to deposit a CD into. We are not receiving much of a benefit from our current instituti... Read More

1.26%

$100,000

-

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1.25%

$500

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1.25%

$10,000

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1.21%

$10,000

-

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1.21%

$10,000

-

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1.21%

$10,000

-

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1.20%

$10,000

-

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1.20%

$1,000

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1.16%

$100,000

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1.16%

$10,000

-

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1.15%

$100,000

-

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1.15%

$10,000

-

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1.15%

$10,000

-

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1.12%

$100,000

-

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1.11%

$1,000

-

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1.11%

$10,000

-

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1.11%

$100,000

-

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1.11%

$10,000

-

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1.10%

$10,000

-

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1.10%

$100,000

-

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1.09%

$100,000

-

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1.06%

$1,000

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1.06%

$100,000

-

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1.06%

$10,000

-

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1.06%

$100,000

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1.05%

$10,000

-

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1.05%

$26

-

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1.05%

$10,000

-

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1.05%

$100,000

-

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1.05%

$10,000

-

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1.05%

$10,000

-

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1.05%

$10,000

-

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1.01%

$10,000

-

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1.01%

$10,000

-

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1.01%

$10,000

-

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1.01%

$10,000

-

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1.01%

$100,000

-

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1.00%

$100,000

-

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1.00%

$1,000

-

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1.00%

$100

-

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1.00%

$10,000

-

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1.00%

$10,000

-

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1.00%

$10,000

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1.00%

$100,000

-

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| Jun 9, 2016

I have been a member of 1st Community Federal Credit Union since 1977 and no matter where I am stationed or what state or country I'm in I know that I can call them for help. I started my savings account w... Read More

1.00%

$10,000

-

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1.00%

$1,000

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1.00%

$100,000

-

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1.00%

$10,000

-

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1.00%

$10,000

-

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1.00%

$100,000

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1.00%

$10,000

-

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1.00%

$10,000

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1.00%

$10,000

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1.00%

$10,000

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1.00%

$10,000

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0.95%

$100,000

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0.95%

$10,000

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0.95%

$10,000

-

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0.95%

$10,000

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0.95%

$10,000

-

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0.95%

$99,000

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0.95%

$10,000

-

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| Sep 21, 2017

friendly and knowledgeable and fun. what more could you ask for? Read More

0.95%

$10,000

-

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0.95%

$100,000

-

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| Sep 26, 2022

Rec'd called from Monica from Collection and wanted to collect on my Mortgage payment and to make a long story short come to find out payment was taken out on September 23, 2022. She was rude and all she ... Read More

0.95%

$100,000

-

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0.91%

$100,000

-

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0.90%

$100,000

-

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0.90%

$10,000

-

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0.90%

$10,000

-

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0.90%

$10,000

-

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0.90%

$100,000

-

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0.90%

$10,000

-

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0.90%

$10,000

-

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0.90%

$10,000

-

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0.90%

$10,000

-

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0.90%

$10,000

-

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0.90%

$1,000

-

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0.90%

$10,000

-

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0.90%

$10,000

-

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| Sep 26, 2022

Rec'd called from Monica from Collection and wanted to collect on my Mortgage payment and to make a long story short come to find out payment was taken out on September 23, 2022. She was rude and all she ... Read More

0.90%

$10,000

-

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0.87%

$10,000

-

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0.85%

$10,000

-

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0.85%

$100,000

-

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0.85%

$10,000

-

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0.85%

$10,000

-

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0.85%

$10,000

-

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0.85%

$100,000

-

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0.85%

$100,000

-

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| Sep 21, 2017

friendly and knowledgeable and fun. what more could you ask for? Read More

0.85%

$100,000

-

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0.85%

$10,000

-

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0.85%

$10,000

-

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0.85%

$10,000

-

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0.83%

$10,000

-

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0.81%

$10,000

-

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0.81%

$10,000

-

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0.80%

$10,000

-

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0.80%

$10,000

-

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0.80%

$100,000

-

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0.80%

$10,000

-

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0.80%

$10,000

-

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0.80%

$10,000

-

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0.80%

$25,000

-

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0.80%

$10,000

-

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0.80%

$10,000

-

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| Aug 7, 2019

Friendly, professional, tellers who are always willing to help and explain things to us members. They work hard to find ways to give you a loan and at the best rates they can give out. I go my first car ... Read More

0.79%

$100,000

-

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0.78%

$10,000

-

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0.75%

$10,000

-

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0.75%

$10,000

-

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0.75%

$1,000

-

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0.75%

$500

-

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0.75%

$10,000

-

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0.75%

$10,000

-

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0.75%

$10,000

-

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0.75%

$1,000

-

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0.75%

$10,000

-

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0.75%

$10,000

-

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0.75%

$10,000

-

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0.75%

$10,000

-

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0.75%

$100,000

-

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0.75%

$10,000

-

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0.75%

$10,000

-

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0.72%

$10,000

-

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0.71%

$10,000

-

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0.71%

$100,000

-

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0.70%

$10,000

-

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0.70%

$10,000

-

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0.70%

$1,000

-

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0.70%

$10,000

-

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0.70%

$10,000

-

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0.70%

$10,000

-

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0.70%

$100,000

-

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0.70%

$10,000

-

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0.70%

$100,000

-

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0.70%

$10,000

-

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0.70%

$10,000

-

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0.70%

$10,000

-

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0.70%

$100,000

-

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0.70%

$10,000

-

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0.68%

$10,000

-

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0.66%

$10,000

-

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0.66%

$10,000

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0.65%

$10,000

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0.65%

$10,000

-

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0.65%

$10,000

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0.65%

$10,000

-

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0.65%

$10,000

-

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0.65%

$10,000

-

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0.65%

$10,000

-

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0.65%

$100,000

-

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0.61%

$1,000

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0.60%

$10,000

-

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0.60%

$100,000

-

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0.60%

$100,000

-

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0.60%

$100,000

-

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0.60%

$10,000

-

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0.60%

$10,000

-

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0.60%

$100,000

-

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0.60%

$10,000

-

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0.60%

$10,000

-

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0.60%

$10,000

-

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0.58%

$10,000

-

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0.55%

$10,000

-

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0.55%

$100,000

-

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0.55%

$10,000

-

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0.55%

$10,000

-

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0.53%

$50,000

-

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0.50%

$10,000

-

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0.50%

$500

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0.50%

$10,000

-

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0.50%

$10,000

-

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0.50%

$10,000

-

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0.50%

$10,000

-

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0.50%

$10,000

-

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| Jul 9, 2022

This is the worst credit union I have ever worked with. I have been a member of several other credit unions over the years and loved them. I moved to Abilene and opened an account with First Abilene FCU ... Read More

0.50%

$10,000

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0.45%

$10,000

-

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0.45%

$10,000

-

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0.45%

$100,000

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0.45%

$10,000

-

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0.45%

$100,000

-

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| Jul 9, 2022

This is the worst credit union I have ever worked with. I have been a member of several other credit unions over the years and loved them. I moved to Abilene and opened an account with First Abilene FCU ... Read More

0.45%

$10,000

-

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0.45%

$10,000

-

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0.40%

$100,000

-

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0.40%

$10,000

-

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0.40%

$10,000

-

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0.40%

$10,000

-

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0.40%

$100,000

-

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0.40%

$10,000

-

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0.40%

$10,000

-

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0.40%

$10,000

-

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0.40%

$10,000

-

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0.35%

$100,000

-

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0.35%

$10,000

-

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0.35%

$10,000

-

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0.30%

$10,000

-

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0.30%

$10,000

-

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0.30%

$10,000

-

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0.30%

$1,000

-

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0.30%

$10,000

-

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0.30%

$10,000

-

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0.30%

$100,000

-

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0.25%

$10,000

-

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0.25%

$10,000

-

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0.25%

$10,000

-

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0.25%

$10,000

-

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0.20%

$10,000

-

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0.20%

$10,000

-

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0.17%

$10,000

-

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0.05%

$10,000

-

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All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

Branches Info around zip 10116


Branch Street City State
ADVANCIAL
Uptown Dallas Uptown Dallas Branch
1845 Woodall Rodgers Fwy Dallas TX
INVESTEX
Investex Credit Union Investex Credit Union Branch
905 Aldine Bender Rd Houston TX
EECU
Eecu Eecu Branch
1617 W 7th St Fort Worth TX
ADVANCIAL
Uptown Dallas Uptown Dallas Branch
1845 Woodall Rodgers Fwy Dallas TX
STAR OF TEXAS
Star Of Texas Credit Union Star Of Texas Credit Union Branch
114 E Huntland Dr. Austin TX
EECU
Eecu Eecu Branch
1617 W 7th St Fort Worth TX
COASTLIFE
Coastlife Credit Union Coastlife Credit Union Branch
4060 Weber RD Corpus Christi TX
ADVANCIAL
Uptown Dallas Uptown Dallas Branch
1845 Woodall Rodgers Fwy Dallas TX
TEXAS PEOPLE
Texas People Fcu Texas People Fcu Branch
4613 Wellesley Ave Fort Worth TX
STAR OF TEXAS
Star Of Texas Credit Union Star Of Texas Credit Union Branch
114 E Huntland Dr. Austin TX
LAS COLINAS
Zale Branch Zale Branch
901 W Walnut Hill Ln Irving TX
CREDIT HUMAN
Fallbrook Fallbrook Branch
8921 N Sam Houston Pkwy W Houston TX
EECU
Eecu Eecu Branch
1617 W 7th St Fort Worth TX
INVESTEX
Investex Credit Union Investex Credit Union Branch
905 Aldine Bender Rd Houston TX
TEXAS PEOPLE
Texas People Fcu Texas People Fcu Branch
4613 Wellesley Ave Fort Worth TX
SPECTRUM
Spectrum Spectrum Branch
3000 Post Oak Blvd, Suite 150 Houston TX
SHELL
Deer Park Deer Park Branch
301 E 13th St Deer Park TX
SPECTRUM
Spectrum Spectrum Branch
3000 Post Oak Blvd, Suite 150 Houston TX
SPECTRUM
Spectrum Spectrum Branch
3000 Post Oak Blvd, Suite 150 Houston TX
MEMBER PREFERRED
Member Preferred Fcu Member Preferred Fcu Branch
340 S Blue Mound Rd Ste 342 Fort Worth TX
RANDOLPH-BROOKS
Creswell Admin Service Center Creswell Admin Service Center Branch
1 Randolph Brooks Pkwy Live Oak TX
EASTMAN
South Longview South Longview Branch
149 Kodak Blvd Longview TX
BAYER HERITAGE
Baytown Baytown Branch
8500 W Bay Rd # 32 Baytown TX
AUSTIN TELCO
Shoal Creek Shoal Creek Branch
8929 Shoal Creek Blvd Austin TX
EASTMAN
South Longview South Longview Branch
149 Kodak Blvd Longview TX
TARRANT COUNTY'S CREDIT UNION
Hurst Branch Hurst Branch
645 Grapevine Hwy Ste 130 Hurst TX
UNIVERSITY
Lakeline Lakeline Branch
13860 N Highway 183 Austin TX
SHELL
Deer Park Deer Park Branch
301 E 13th St Deer Park TX
BAYER HERITAGE
Baytown Baytown Branch
8500 W Bay Rd # 32 Baytown TX
RALLY
Spohn Spohn Branch
5725 Spohn Dr Corpus Christi TX
AMERICAN AIRLINES
Aafcu - Flagship Branch Aafcu - Flagship Branch
American Airlines Credit Union Fort Worth TX
AUSTIN TELCO
Shoal Creek Shoal Creek Branch
8929 Shoal Creek Blvd Austin TX
CREDIT UNION OF TEXAS
Credit Union Of Texas Credit Union Of Texas Branch
8131 Lyndon B Johnson Fwy Ste 500 Dallas TX
AUSTIN TELCO
Shoal Creek Shoal Creek Branch
8929 Shoal Creek Blvd Austin TX
VELOCITY
Main Branch Main Branch
610 E 11th St Austin TX
TEXAS TRUST
Mansfield Country Club Branch Mansfield Country Club Branch
1900 Country Club Dr Mansfield TX
PREMIER AMERICA
Rankin Center Rankin Center Branch
2001 Rankin Rd Houston TX
RANDOLPH-BROOKS
Creswell Admin Service Center Creswell Admin Service Center Branch
1 Randolph Brooks Pkwy Live Oak TX
TARRANT COUNTY'S CREDIT UNION
Hurst Branch Hurst Branch
645 Grapevine Hwy Ste 130 Hurst TX
NECHES
Administration Office Administration Office Branch
776 Magnolia Ave Port Neches TX
CITY
Ferguson Ferguson Branch
7474 Ferguson Rd Dallas TX
NAVY FEDERAL CREDIT UNION
Fort Bliss Fort Bliss Branch
4717 Hondo Pass Dr Ste A El Paso TX
NAVY FEDERAL CREDIT UNION
Fort Bliss Fort Bliss Branch
4717 Hondo Pass Dr Ste A El Paso TX
A+
South Branch South Branch
1402 W Stassney LN Austin TX
CORPORATE AMERICA FAMILY
Dallas/irving Dallas/irving Branch
5910 N MacArthur Blvd Ste 140 Irving TX
CHEVRON
Br#8 El Paso Br#8 El Paso Branch
6501C Trowbridge Dr El Paso TX
NECHES
Administration Office Administration Office Branch
776 Magnolia Ave Port Neches TX
CORPORATE AMERICA FAMILY
Dallas/irving Dallas/irving Branch
5910 N MacArthur Blvd Ste 140 Irving TX
CHEVRON
Br#8 El Paso Br#8 El Paso Branch
6501C Trowbridge Dr El Paso TX
TEXAS DOW EMPLOYEES
Tdecu-lake Jackson Tdecu-lake Jackson Branch
1001 FM 2004 Rd Lake Jackson TX
DELTA COMMUNITY
Southlake, Tx (dallas Metro) Southlake, Tx (dallas Metro) Branch
100 N Kimball Ave Ste 103 Southlake TX
SOUTHWEST HERITAGE
Main Office Main Office Branch
2809 John Ben Shepperd Pkwy Odessa TX
TEXAS DOW EMPLOYEES
Tdecu-lake Jackson Tdecu-lake Jackson Branch
1001 FM 2004 Rd Lake Jackson TX
GECU
Viscount Viscount Branch
7227 Viscount Blvd El Paso TX
PENTAGON
Fort Hood Fort Hood Branch
761 Tank Battalion Fort Hood TX
RALLY
Spohn Spohn Branch
5725 Spohn Dr Corpus Christi TX
SOARION
Corporate Headquarters Corporate Headquarters Branch
1560 Cable Ranch Rd Ste 200 San Antonio TX
COMPLEX COMMUNITY
Operations & Training Center Operations & Training Center Branch
4519 E 51st St Odessa TX
FIRST TECHNOLOGY
Houston Branch Houston Branch
11445 Compaq Center West Dr Bldg CCA05 Houston TX
MEMBERS CHOICE
Corporate Office Corporate Office Branch
14960 Park Row Dr # Bv Houston TX
JSC
Main Branch Main Branch
1330 Gemini St Houston TX
AMERICAN AIRLINES
Aafcu - Flagship Branch Aafcu - Flagship Branch
American Airlines Credit Union Fort Worth TX
SECURITY FIRST
Mcallen Branch Mcallen Branch
3700 N 12th St McAllen TX
FIRST COMMUNITY
Alief Alief Branch
3200 S Dairy Ashford Rd Houston TX
FARMERS INSURANCE
Farmers Insurance Group Federal Credit Union Farmers Insurance Group Federal Credit Union Branch
15700 Long Vista Dr Austin TX
SECURITY FIRST
Mcallen Branch Mcallen Branch
3700 N 12th St McAllen TX
UNIFY FINANCIAL
San Antonio San Antonio Branch
1 Lone Star Pass Bldg 1 San Antonio TX
FIRST COMMUNITY
Alief Alief Branch
3200 S Dairy Ashford Rd Houston TX
SECURITY FIRST
Mcallen Branch Mcallen Branch
3700 N 12th St McAllen TX
SECURITY FIRST
Mcallen Branch Mcallen Branch
3700 N 12th St McAllen TX
UNIFY FINANCIAL
San Antonio San Antonio Branch
1 Lone Star Pass Bldg 1 San Antonio TX
SECURITY SERVICE
1604/bandera 1604/bandera Branch
9253 N Loop 1604 W San Antonio TX
SECURITY SERVICE
1604/bandera 1604/bandera Branch
9253 N Loop 1604 W San Antonio TX
SECURITY SERVICE
1604/bandera 1604/bandera Branch
9253 N Loop 1604 W San Antonio TX
UNIFY FINANCIAL
San Antonio San Antonio Branch
1 Lone Star Pass Bldg 1 San Antonio TX
CHARTWAY
Humble Humble Branch
9441 FM 1960 Bypass Rd W Ste 100 Humble TX
SECURITY FIRST
Mcallen Branch Mcallen Branch
3700 N 12th St McAllen TX
SOUTHWEST 66
Main Branch Main Branch
4041 E 52nd St Odessa TX
FIRST TECHNOLOGY
Houston Branch Houston Branch
11445 Compaq Center West Dr Bldg CCA05 Houston TX
LAREDO FIRE DEPARTMENT
Laredo Fire Dept. Federal Credit Union Laredo Fire Dept. Federal Credit Union Branch
5002 Tesoro Plz Laredo TX
FANNIN
Main Office Main Office Branch
1737 N STATE HIGHWAY 121 BONHAM TX
CHEMCEL
Bishop Office Bishop Office Branch
5740 County Road 4 Bishop TX
DOCHES
Main Office Main Office Branch
920 NW Stallings Dr Nacogdoches TX
SPCO
Spco Credit Union Spco Credit Union Branch
12755 N Houston Rosslyn Rd Houston TX
MOBILITY CREDIT UNION
Main Office Main Office Branch
8384 N Belt Line Rd Irving TX
HOUSTON TEXAS FIRE FIGHTERS
Houston Texas Fire Fighters Fcu Houston Texas Fire Fighters Fcu Branch
3030 Cullen Blvd Ste 111 Pearland TX
GULF COAST
Rodd Field Rodd Field Branch
2633 Rodd Field Rd Corpus Christi TX
1ST UNIVERSITY
1st University Credit Union 1st University Credit Union Branch
24 La Salle Ave unit C Waco TX
TEXAS TECH
Main Branch Main Branch
1802 Texas Tech Parkway Lubbock TX
ASSEMBLIES OF GOD
Sagu Branch Sagu Branch
1123 Sycamore St Waxahachie TX
KELLY COMMUNITY
Kelly Community Fcu Branch 4 Kelly Community Fcu Branch 4
2105 W Grande Blvd Tyler TX
CHEMCEL
Bishop Office Bishop Office Branch
5740 County Road 4 Bishop TX
SPCO
Spco Credit Union Spco Credit Union Branch
12755 N Houston Rosslyn Rd Houston TX
WHITE SANDS
El Paso El Paso Branch
4545 Hondo Pass Dr El Paso TX
BP
Main Office Main Office Branch
580 Westlake Park Blvd Ste 150 Houston TX
FIRSTLIGHT
Marshall Branch Marshall Branch
1741 Marshall Rd El Paso TX
WALKER COUNTY
Walker County Fcu Walker County Fcu Branch
1802 Normal Park Dr Huntsville TX
LAREDO FIRE DEPARTMENT
Laredo Fire Dept. Federal Credit Union Laredo Fire Dept. Federal Credit Union Branch
5002 Tesoro Plz Laredo TX
HOUSTON
Hfcu Hfcu Branch
16320 Kensington Dr Sugar Land TX
UNION SQUARE
Downtown Office Downtown Office Branch
1401 Holliday St Wichita Falls TX
DOMINO
Texarkana Texarkana Branch
2208 Kennedy Ln Texarkana TX
RAIZ
Rojas Rojas Branch
12020 Rojas Dr El Paso TX
HOUSTON TEXAS FIRE FIGHTERS
Houston Texas Fire Fighters Fcu Houston Texas Fire Fighters Fcu Branch
3030 Cullen Blvd Ste 111 Pearland TX
GREATER TEXAS
Gtfcu Gtfcu Branch
6411 N Lamar Blvd Austin TX
BRAZOS VALLEY SCHOOLS
Katy Main Office Katy Main Office Branch
438 FM 1463 Rd Katy TX
WESTEX
Westex Federal Credit Union Westex Federal Credit Union Branch
901 Avenue Q Lubbock TX
WICHITA FALLS TEACHERS
Wichita Falls Teachers Federal Credit Union Wichita Falls Teachers Federal Credit Union Branch
4301 Barnett Rd Wichita Falls TX
FORT WORTH COMMUNITY
Headquarters Headquarters Branch
1905 Forest Ridge Dr Bedford TX
WHITE SANDS
El Paso El Paso Branch
4545 Hondo Pass Dr El Paso TX
SYNERGY
Main Office Main Office Branch
1 Valero Way San Antonio TX
LINKAGE
Linkage Credit Union Linkage Credit Union Branch
4527 SPEIGHT AVE WACO TX
LIVING IN FULFILLMENT EVERYDAY
Life Fcu Life Fcu Branch
3351 Unicorn Lake Blvd Denton TX
LIFETIME
Blue Cross Blue Shield Texas Bldg Blue Cross Blue Shield Texas Bldg Branch
1001 E Lookout Dr Richardson TX
SOUTHWEST AIRLINES
Dallas Branch Dallas Branch
2430 Shorecrest Dr Dallas TX
BAPTIST
Main Office Main Office Branch
5815 W Interstate 10 San Antonio TX
FIRSTLIGHT
Marshall Branch Marshall Branch
1741 Marshall Rd El Paso TX
TEXELL
Home Office Home Office Branch
17 S 1st St Temple TX
DATCU
Aubrey Aubrey Branch
919 S Highway 377 AUBREY TX
FORT WORTH COMMUNITY
Headquarters Headquarters Branch
1905 Forest Ridge Dr Bedford TX
RAIZ
Rojas Rojas Branch
12020 Rojas Dr El Paso TX
TEXOMA COMMUNITY
Sar Sar Branch
3800 Sheppard Access Rd Wichita Falls TX
ROCKET
Rocket Federal Credit Union Rocket Federal Credit Union Branch
905 W McGregor Dr Mc Gregor TX
GULF COAST EDUCATORS
Pasadena Office Pasadena Office Branch
5953 Fairmont Pkwy Pasadena TX
TEXAR
Texarkana Texarkana Branch
2301 RICHMOND RD TEXARKANA TX
COMMUNITY RESOURCE
Decker Branch Decker Branch
2900 Decker Dr Baytown TX
TEXAS TELCOM
Main Office Main Office Branch
8818 Garland Rd Dallas TX
THE PEOPLE'S
Hill Hill Branch
7200 Hillside Rd Amarillo TX
PRESTIGE COMMUNITY
Main Main Branch
15203 Knoll Trail Dr Ste 101 Dallas TX
FORT WORTH CITY
Main Main Branch
2309 Montgomery St Fort Worth TX
1ST COMMUNITY
Wildewood Wildewood Branch
3505 Wildewood Dr San Angelo TX
MEMBERS CHOICE OF CENTRAL TEXAS
Marlin Branch Marlin Branch
212 Virginia Ave Marlin TX
DUGOOD
Administration Bldg Administration Bldg Branch
7505 Eastex Fwy Ste B Beaumont TX
BORDER
Main Branch Main Branch
2211 N BEDELL AVE Del Rio TX
BRAZOS VALLEY SCHOOLS
Katy Main Office Katy Main Office Branch
438 FM 1463 Rd Katy TX
GOLDEN TRIANGLE
Main Office Main Office Branch
5211 E Parkway St Groves TX
BEACON
Main Office Main Office Branch
2901 Sens Rd La Porte TX
PRIMEWAY
Midtown Midtown Branch
2503 Bagby St Houston TX
HOUSTON
Hfcu Hfcu Branch
16320 Kensington Dr Sugar Land TX
BCM
Bellaire Office Bellaire Office Branch
4003 Bellaire Blvd Houston TX
BAYCEL
Main Office Main Office Branch
2320 6TH ST Bay City TX
SAN PATRICIO COUNTY TEACHERS
San Patricio Co Teachers Fcu San Patricio Co Teachers Fcu Branch
501 W Merriman St Sinton TX
PAMPA TEACHERS
Pampa Teachers Fcu Pampa Teachers Fcu Branch
2500 Perryton Pkwy Pampa TX
LUFKIN
204 Gobblers Knob Rd 204 Gobblers Knob Rd Branch
204 Gobblers Knob Rd Lufkin TX
SOUTHWEST AIRLINES
Dallas Branch Dallas Branch
2430 Shorecrest Dr Dallas TX
EDUCATORS
Tstc Tstc Branch
100 BOLLING Dr WACO TX
GENCO
Lufkin Lufkin Branch
1402 S John Redditt Dr Lufkin TX
FIVEPOINT
Fivepoint Credit Union Fivepoint Credit Union Branch
3700 Skyline Dr Nederland TX
BORDER
Main Branch Main Branch
2211 N BEDELL AVE Del Rio TX
FIRST SERVICE
Clinton- Closed As Of Feb 24, 2017 Clinton- Closed As Of Feb 24, 2017 Branch
4101 Clinton Dr Houston TX
SYNERGY
Main Office Main Office Branch
1 Valero Way San Antonio TX
SOUTHWEST RESEARCH CENTER
Main Office Main Office Branch
7215 Culebra Rd San Antonio TX
GENERATIONS COMMUNITY
Headquarters Headquarters Branch
9311 San Pedro Ave Ste 1100 San Antonio TX
CAL-COM
Cal-com Federal Credit Union Cal-com Federal Credit Union Branch
3802 N Navarro St Victoria TX
MTCU
Mtcu Mtcu Branch
1505 N Midland Dr Midland TX
CAPROCK
Main Office Main Office Branch
709 N 1ST ST LAMESA TX
PANTEX
Main Office Main Office Branch
1300 W Wilson St Borger TX
EDUCATION
I-40 Branch I-40 Branch
4400 W Interstate 40 Amarillo TX
ALLIANCE
Main Office Main Office Branch
8401 Quaker Ave Lubbock TX
ENERGY ONE
Dallas Dallas Branch
5005 Lbj Fwy Dallas TX
TOGETHER
Houston Houston Branch
775 Gellhorn Dr Houston TX
FORT WORTH CITY
Main Main Branch
2309 Montgomery St Fort Worth TX
SERVICE 1ST
Main Office Main Office Branch
10001 Jack Finney Blvd Greenville TX
FIRST CENTRAL
Sanger Office Sanger Office Branch
6201 Sanger Ave Waco TX
UNITED HERITAGE
Mopac Mopac Branch
12208 N Mo Pac Expy Austin TX
EAST TEXAS PROFESSIONAL
Longview Main Longview Main Branch
409 E Loop 281 Longview TX
MCT
Port Neches Branch Port Neches Branch
2736 Nall St Port Neches TX
GULF
Groves Groves Branch
5140 W Parkway St Groves TX
GENERATIONS COMMUNITY
Headquarters Headquarters Branch
9311 San Pedro Ave Ste 1100 San Antonio TX
BEACON
Main Office Main Office Branch
2901 Sens Rd La Porte TX
RIVERLAND
Woodlands Branch Woodlands Branch
10055 Grogans Mill Rd The Woodlands TX
SANTA FE
Dowtown Branch Dowtown Branch
1422 S HARRISON ST AMARILLO TX
FIRST CLASS AMERICAN
2595 Polaris 2595 Polaris Branch
2595 Polaris Dr Fort Worth TX
SAN ANGELO
San Angelo Fcu San Angelo Fcu Branch
235 W 1ST ST SAN ANGELO TX
YANTIS
Yantis Fedral Credit Yantis Fedral Credit Branch
110 S Main St Yantis TX
ACFCU
Amarillo Community Fcu Amarillo Community Fcu Branch
6100 W Interstate 40 Amarillo TX
CONCHO EDUCATORS
Beauregard Office Beauregard Office Branch
1967 W Beauregard Ave San Angelo TX
FIRSTMARK
Gold Canyon Branch Gold Canyon Branch
2023 Gold Canyon Rd San Antonio TX
FIRST SERVICE
Clinton- Closed As Of Feb 24, 2017 Clinton- Closed As Of Feb 24, 2017 Branch
4101 Clinton Dr Houston TX
ASSOCIATED CREDIT UNION OF TEXAS
La Marque La Marque Branch
920 1st St La Marque TX
SOUTHWEST RESEARCH CENTER
Main Office Main Office Branch
7215 Culebra Rd San Antonio TX
CITY PUBLIC SERVICE/IBEW
Main Office Main Office Branch
1002 Camden ST San Antonio TX
VALLEY
Main Office Main Office Branch
PO Box 4700 Brownsville TX
COMMUNITY SERVICE
Community Service Credit Union Community Service Credit Union Branch
250 FM 2821 Rd W Huntsville TX
NORTH EAST TEXAS
Lone Star Office Lone Star Office Branch
1115 Lone Star Blvd Lone Star TX
MTCU
Mtcu Mtcu Branch
1505 N Midland Dr Midland TX
POSTEL FAMILY
Broad Broad Branch
1300 Broad St Wichita Falls TX
FIRST CLASS AMERICAN
2595 Polaris 2595 Polaris Branch
2595 Polaris Dr Fort Worth TX
FREESTONE
Freestone Cu Office Freestone Cu Office Branch
613 Main St Teague TX
ENERGY ONE
Dallas Dallas Branch
5005 Lbj Fwy Dallas TX
GEICO
Dallas Dallas Branch
2280 N Greenville Ave Richardson TX
RELYON
Employees Credit Union Employees Credit Union Branch
8989 Harry Hines Blvd Dallas TX
GREAT PLAINS
Orange Orange Branch
5309 FM 1006 ORANGE TX
CAPITOL
North Office North Office Branch
11902 Burnet Rd Austin TX
CAL-COM
Cal-com Federal Credit Union Cal-com Federal Credit Union Branch
3802 N Navarro St Victoria TX
STAR FINANCIAL
Mckinzie & Leopard Mckinzie & Leopard Branch
10429 Leopard St Corpus Christi TX
JUSTICE
Houston Dea Branch #17 Houston Dea Branch #17
1433 West Loop S Houston TX
WESTEX
Westex Federal Credit Union Westex Federal Credit Union Branch
901 Avenue Q Lubbock TX
PAMPA TEACHERS
Pampa Teachers Fcu Pampa Teachers Fcu Branch
2500 Perryton Pkwy Pampa TX
WINDTHORST
Main Site Main Site Branch
14205 W FM 174 WINDTHORST TX
HEART O' TEXAS
Main Office Main Office Branch
7500 Imperial Drive Waco TX
RESOURCE ONE
South Side South Side Branch
1200 Bellview St Dallas TX
MEMBERS
Cleburne Branch Cleburne Branch
827 N Main St Cleburne TX
CONCHO EDUCATORS
Beauregard Office Beauregard Office Branch
1967 W Beauregard Ave San Angelo TX
TRANS TEXAS SOUTHWEST
Trans Texas Southwes Trans Texas Southwes Branch
3401 LOOP 306 SAN ANGELO TX
FIVEPOINT
Fivepoint Credit Union Fivepoint Credit Union Branch
3700 Skyline Dr Nederland TX
KERR COUNTY
Kerrville - Main Kerrville - Main Branch
3700 Memorial Blvd Kerrville TX
FIRSTMARK
Gold Canyon Branch Gold Canyon Branch
2023 Gold Canyon Rd San Antonio TX
ASSOCIATED CREDIT UNION OF TEXAS
La Marque La Marque Branch
920 1st St La Marque TX
ALAMO CITY
Credit Union Office Credit Union Office Branch
4801 NW Loop 410 Ste 100 San Antonio TX
HOUSTON METROPOLITAN
Hmfcu Hmfcu Branch
608 E Tidwell Rd Houston TX
RIO GRANDE VALLEY CREDIT UNION
Main Office Main Office Branch
2910 E Grimes St Harlingen TX
WACO
Main Main Branch
826 N 3rd St Waco TX
WELLSPRING
Bridge City Branch Bridge City Branch
150 E Round Bunch Rd Bridge City TX
WESTEX COMMUNITY
Westex Community Credit Union Westex Community Credit Union Branch
200 E Austin St Kermit TX
PEOPLE'S TRUST
Corporate Headquarters Corporate Headquarters Branch
413 Bastrop St Houston TX
FREESTONE
Freestone Cu Office Freestone Cu Office Branch
613 Main St Teague TX
GREATER CENTRAL TEXAS
Greater Central Texas Greater Central Texas Branch
3305 E Elms Rd Killeen TX
INTOUCH
Mcdermott Mcdermott Branch
2201 McDermott Rd Plano TX
ACCESS COMMUNITY
Main Office Main Office Branch
6401 Bell St Amarillo TX
XCEED FINANCIAL
Branch 40 Branch 40
1660 S Stemmons Fwy Ste 140 Lewisville TX
THE LOCAL
The Local Fcu The Local Fcu Branch
8787 N Stemmons Fwy Ste 185 Dallas TX
SOUTHWEST FINANCIAL
Dallas Branch Dallas Branch
7610 N Stemmons Fwy Ste 110 Dallas TX
UNITY ONE
Campus Branch Campus Branch
6701 Burlington Blvd Fort Worth TX
TRUGROCER
Dfw Dfw Branch
1327 Brown Trl Bedford TX
ROCKET
Rocket Federal Credit Union Rocket Federal Credit Union Branch
905 W McGregor Dr Mc Gregor TX
GREAT PLAINS
Orange Orange Branch
5309 FM 1006 ORANGE TX
TRUWEST
Howard Lane Howard Lane Branch
13609 N Interstate 35 Bldg 4 Austin TX
TEXAS BAY
Main Main Branch
12611 Fuqua St Houston TX
AMOCO
Texas City Branch Texas City Branch
2300 Texas Ave Texas City TX
JUSTICE
Houston Dea Branch #17 Houston Dea Branch #17
1433 West Loop S Houston TX
TEXAS HEALTH
Texas Health Credit Union Texas Health Credit Union Branch
4800 GROVER AVE AUSTIN TX
TEX MEX
Tex Mex Credit Union (main) Tex Mex Credit Union (main) Branch
1420 Cedar Ave Laredo TX
CAPROCK
Main Office Main Office Branch
709 N 1ST ST LAMESA TX
CENTEX CITIZENS
Centex Citizens Credit Union Main Office Centex Citizens Credit Union Main Office Branch
Centex Citizens Credit Union Mexia TX
TEXANS
Main Office Main Office Branch
777 E Campbell Rd Richardson TX
TRUGROCER
Dfw Dfw Branch
1327 Brown Trl Bedford TX
RIVER CITY
Augusta Office Augusta Office Branch
610 Augusta St San Antonio TX
UNITED COMMUNITY
Galena Park Financial Center Galena Park Financial Center Branch
1700 16th St Galena Park TX
PEOPLE'S TRUST
Corporate Headquarters Corporate Headquarters Branch
413 Bastrop St Houston TX
HOUSTON POLICE
Memorial Branch Memorial Branch
1600 Memorial Dr Houston TX
HOUSTON POLICE
Memorial Branch Memorial Branch
1600 Memorial Dr Houston TX
GRAND PRAIRIE
Grand Prairie Credit Union Grand Prairie Credit Union Branch
209 N CENTER ST GRAND PRAIRIE TX
AMERICA'S
Corporate Office Corporate Office Branch
2154 FOREST LN GARLAND TX
ONE SOURCE
Main Office Main Office Branch
8870 Gazelle Dr El Paso TX
MY COMMUNITY
Main Office Main Office Branch
600 W Louisiana Ave Midland TX
MID-TEX
Main Main Branch
3808 HIGHWAY 377 S BROWNWOOD TX
COOPERATIVE TEACHERS
Cooperative Teachers Credit Union Cooperative Teachers Credit Union Branch
1424 W Southwest Loop 323 Tyler TX
SMART FINANCIAL
Newcastle Branch Newcastle Branch
4605 Southwest Fwy Houston TX
PORT ARTHUR COMMUNITY
Port Arthur Community Fcu Port Arthur Community Fcu Branch
3100 Central Mall Dr Port Arthur TX
HOUSTON METROPOLITAN
Hmfcu Hmfcu Branch
608 E Tidwell Rd Houston TX
LAREDO
Main Office Main Office Branch
1119 Corpus Christi St Laredo TX
H E B
San Antonio Service Center San Antonio Service Center Branch
4630 N Loop 1604 W Ste 101 San Antonio TX
MESQUITE
Main Office Main Office Branch
1510 N Galloway Ave Mesquite TX
LIBERTYONE
Libertyone Credit Union Libertyone Credit Union Branch
4050 Alpha Rd Ste 120 Farmers Branch TX
SOUTHWEST FINANCIAL
Dallas Branch Dallas Branch
7610 N Stemmons Fwy Ste 110 Dallas TX
ALTRA
Altra Federal Credit Union Altra Federal Credit Union Branch
5523 TROUP HWY TYLER TX
F A A
Houston Branch Houston Branch
16600 John F Kennedy Blvd Houston TX
MEMBERS FIRST
Main Office Main Office Branch
5444 S Staples St Corpus Christi TX
F A A
Houston Branch Houston Branch
16600 John F Kennedy Blvd Houston TX
EP
Ft Worth Office Ft Worth Office Branch
9000 Blue Mound Rd Fort Worth TX
ONE SOURCE
Main Office Main Office Branch
8870 Gazelle Dr El Paso TX
MOUNTAIN STAR
Main Main Branch
2229 E Yandell Dr El Paso TX
FIRST BASIN
First Basin Credit Union First Basin Credit Union Branch
2740 N County Rd W Odessa TX
MY COMMUNITY
Main Office Main Office Branch
600 W Louisiana Ave Midland TX
FIRST WATCH
Main Office Pine Main Office Pine Branch
1118 Pine St Abilene TX
SMART FINANCIAL
Newcastle Branch Newcastle Branch
4605 Southwest Fwy Houston TX
COMMUNITIES OF ABILENE
Main Main Branch
3661 N 6th St Abilene TX
4U
Nascoga Fcu Nascoga Fcu Branch
1312 Lawrence St Gainesville TX
MEMBERS TRUST OF THE SOUTHWEST
Stephenville Stephenville Branch
2311 Northwest Loop Stephenville TX
LIBERTYONE
Libertyone Credit Union Libertyone Credit Union Branch
4050 Alpha Rd Ste 120 Farmers Branch TX
ABILENE TEACHERS
North 6th North 6th Branch
2801 N 6th St Abilene TX
FIRST WATCH
Main Office Pine Main Office Pine Branch
1118 Pine St Abilene TX
MOBILOIL
Delaware Branch Delaware Branch
1810 N Major Dr Beaumont TX
ENERGY CAPITAL
Northwest Community Branch Northwest Community Branch
18540 Northwest Fwy Houston TX
CORNER STONE
Main Office Main Office Branch
130 historic town sq lancaster TX
SECURED ADVANTAGE
Iowa Park Iowa Park Branch
1301 W Magnolia Ave Iowa Park TX
AMERICA'S
Corporate Office Corporate Office Branch
2154 FOREST LN GARLAND TX
GO
Corporate Office Corporate Office Branch
10501 N Central Expy Ste 300 Dallas TX
CITIZENS
Big Spring Big Spring Branch
701 E FM 700 Big Spring TX
UNITED
United Credit Union United Credit Union Branch
4901 Old Jacksonville Hwy Tyler TX
SOUTHLAND
Main Office Main Office Branch
2601 S John Redditt Dr Lufkin TX
GULF COAST EDUCATORS
Pasadena Office Pasadena Office Branch
5953 Fairmont Pkwy Pasadena TX
TEXAS BAY
Main Main Branch
12611 Fuqua St Houston TX
TRUITY
Houston Phillips 66 World Hq Houston Phillips 66 World Hq Branch
2331 Citywest Blvd # S143 Houston TX
COSDEN
Cosden Fcu Cosden Fcu Branch
400 E MARCY DR BIG SPRING TX
MEMBERS TRUST OF THE SOUTHWEST
Stephenville Stephenville Branch
2311 Northwest Loop Stephenville TX
EDUCATION FIRST
Education First Federal Credit Union - Administration Education First Federal Credit Union - Administration Branch
7025 Eastex Fwy Beaumont TX
ALLIED
Branch-sanford Office Branch-sanford Office
909 W Sanford St ARLINGTON TX
CORNER STONE
Main Office Main Office Branch
130 historic town sq lancaster TX
WEST TEXAS
Lee St. Office Lee St. Office Branch
1001 N Lee Ave Odessa TX
HEREFORD TEXAS
Hereford Texas Federal Credit Union Hereford Texas Federal Credit Union Branch
330 Schley Ave Hereford TX
METRO MEDICAL
Metro Medical Credit Union Metro Medical Credit Union Branch
8828 N Stemmons Fwy Ste 113 Dallas TX
HERITAGE USA
Heritage Usa Federal Credit Union Heritage Usa Federal Credit Union Branch
5507 W Wadley Ave Midland TX
CY-FAIR
Corporate Office Corporate Office Branch
9601 Jones Rd Houston TX
LAS COLINAS
Zale Branch Zale Branch
901 W Walnut Hill Ln Irving TX
MY
Watauga Watauga Branch
5744 Watauga Rd Watauga TX
COSDEN
Cosden Fcu Cosden Fcu Branch
400 E MARCY DR BIG SPRING TX
ABILENE TEACHERS
North 6th North 6th Branch
2801 N 6th St Abilene TX
CY-FAIR
Corporate Office Corporate Office Branch
9601 Jones Rd Houston TX
CITIZENS
Big Spring Big Spring Branch
701 E FM 700 Big Spring TX
CHOCOLATE BAYOU COMMUNITY
Alvin Alvin Branch
1301 Highway 35 Byp N Alvin TX
TEXOMA EDUCATORS
Sherman Branch Sherman Branch
506 W Lamar St Sherman TX
TEXAS
Downtown Dallas Office Downtown Dallas Office Branch
1100 Commerce St Ste 745 Dallas TX


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 2025

Credit union certificates of deposit (“CDs”, also commonly called “time deposits” 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.

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  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.

Use or Change these Amounts And Rates