bank rates

Texas Deal: 60-Month, 2.62% CD Rates

Velocity Credit Union is offering this deal with a $1,000 minimum deposit.Velocity Credit Union is offering 60-month “inflation-fighter” CD rates to its more than 70,000 central Texas members.

It’s paying 2.62% APY with a $1,000 minimum deposit.

That’s just over a tenth of a percentage point higher than the top nationally available 60-month CD rates on our CD Rates Leaderboard.

But you must be a member of Velocity Credit Union to buy these certificates of deposit.

Membership is limited to people who live or work in the counties of Bastrop, Caldwell, Hays, Travis or Williamson, or within a 10-mile radius of a branch or an ATM; who are related to a current credit union member; or who work for or are affiliated with one of the employers or organizations listed on the website (www.velocitycu.com).

Members can buy CDs online or at a branch. Velocity Credit Union has four branches in Austin and a fifth in Round Rock.

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

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Comments (3)
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3 Existing Comments
  1. Kathy at Bankaholic said:
    on August 29th at 09:34 am

    Velocity’s 60-month rate is still available.

  2. Kathy at Bankaholic said:
    on September 14th at 09:45 am

    You can still get this rate.

  3. Kathy at Bankaholic said:
    on September 28th at 08:55 am

    You can still get this 60-month rate.