bank rates

Texas CU Pays 3.08% On 5-Year CD Rates

El Paso Area Teachers Federal Credit Union is paying this rate with a $500 minimum depositYahoo!

We’ve found 60-month CD rates for more than 3% — at El Paso Area Teachers Federal Credit Union in Texas.

With a $500 minimum deposit, it’s paying 3.08% APY.

With the same minimum deposit, it’s also offering:

  • 2.37% APY for 30-, 36- and 48-month CDs.
  • 1.46% APY for 12-, 18- and 24-month CDs.

While all of those rates top what’s available nationally on the CD Rates Leaderboard, we’re most excited about that 3.08% APY.

We just don’t find 60-month CD rates that high very often these days.

Again, yahoo!

But you have to be a member of TFCU (www.tfcu.coop) to purchase these certificates of deposit. Membership is limited to those who live or work in El Paso County, and requires a $25 deposit in a savings account.

Members must buy CDs in person. TFCU has six locations in El Paso and a seventh in the town of Horizon.

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 October 11th at 06:19 am

    These rates are still available.

  2. Kathy at Bankaholic said:
    on October 19th at 07:50 am

    All of these rates have dropped a bit:
    60-month is now 3.03%
    30-, 36- and 48-month: 2.32%
    12-, 18- and 24-month: 1.41%