bank rates

Southern Deal: 24-Month CD Pays 1.85%

hand dropping a coin into a white piggy bankTEXAR Federal Credit Union has the best 24-month CD rates we’ve seen in some time.

It pays 1.85% APY with a $1,000 minimum deposit for CDs opened online.

The rate drops to 1.75% APY if you walk into a branch and buy a CD in person.

Either option easily beats the top nationally available 24-month deal on our CD Rates Leaderboard, which pays 1.30% APY.

You have to be a member of TEXAR Federal Credit Union to purchase these certificates of deposit. Membership is open to residents of Bowie and Cass counties in Texas, and of Miller County in Arkansas, as well as most residents of Red River County in Texas.

Other ways to join are spelled out on the website and are based on where you study or work or are retired from. But all are limited to the Texas-Arkansas area the credit union serves.

Membership requires a $25 deposit in a share savings account.

While we recommend buying these CDs online, for obvious reasons, you can opt to take the tenth of a percentage point hit and visit one of TEXAR Federal Credit Union’s branches in Atlanta, DeKalb, Hooks, New Boston and Texarkana, Texas; and in Texarkana, Ark.

Learn more about TEXAR Federal Credit Union at or call 903-223-0000.

See how these returns compare with the best CD rates from scores of banks in our extensive database.

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Comments (2)
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2 Existing Comments
  1. Kathy at Bankaholic said:
    on January 22nd at 10:36 am

    Good news — TEXAR has raised its 24-month CD rates. The online rate now pays 2.12% APY; the in-person rate is 2.02% APY.

  2. Kathy at Bankaholic said:
    on February 19th at 10:22 am

    TEXAR lowered these rates — to below the rates first reported here. The 24-month online CD now pays 1.50% APY; in person, the rate is 1.40% APY.