One Source Federal Credit Union’s 60-month CD rates beat the best nationally available deal, and that’s not an easy feat these days.
It pays 2.27% APY with a $1,000 minimum deposit.
The best nationally available 60-month CD rate on our CD Rates Leaderboard rose to 2.05% APY earlier this month — the highest it’s been in more than a year.
The credit union also pays 1.76% APY for 36-month CD rates, which is more than a third of a percentage point higher than its term leader, and 1.87% APY for 48-month CDs.
You have to be a member of One Source Federal Credit Union to purchase these certificates of deposit. Membership is open to those who live, work, worship or attend school in Texas’ El Paso County. Additionally, savers in the Las Cruces, N.M., area can check with the credit union to see if they’re eligible, and members’ family members can join, too.
Membership requires a $2 membership fee and a $10 deposit in a share savings account.
Members can buy CDs over the phone or in person. The credit union has two branches in El Paso and a third in Las Cruces.
Learn more about One Source Federal Credit Union at www.onesourcefcu.coop or call 800-532-0223.
See how these returns compare with the best CD rates from scores of banks in our extensive database.