bank rates

Texas, Arkansas Special On 6-Month CDs

With a kick-off of rate hikes from the Federal Reserve hopefully just around the corner, top-paying short-term CDs are a wise buy.

Enter Red River Credit Union. It’s offering Texas and Arkansas savers 1.10% APY on 6-month certificates with a $500 minimum deposit.

That’s enough to outdo the best nationally available 6-month return of 1.05% APY from the banks on our CD Rates Leaderboard.

It also earns Red River a spot on our constantly updated roundup of the best local CD rates from credit unions and community banks.

For savers willing to commit their money for a little longer, the Texarkana credit union has a 12-month CD that matches the top Leaderboard rate of 1.35% APY.

Anyone who lives or works in one of 13 northeast Texas counties or 11 southwest Arkansas counties can join Red River and open a certificate of deposit online or by visiting one of its 17 branches.

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