bank rates

Yes, Texas Savers Can Earn More Than 3%

UPDATE 2/10/15: San Antonio’s 84- to 119-month CDs now pays 2.10% APY.

UPDATE 2/10/15: San Antonio is now paying 2.50% on 120-month CDs and 2.15% APY on 84- to 119-month CDs.

UPDATE 10/28/14: San Antonio is now paying 2.30% APY on 84- to 119-month CDs and 1.90% APY on 60- to 83-month CDs.

UPDATE 10/21/14: San Antonio is now paying 2.65% APY on 120-month CDs; 2.20% APY on 84- to 119-month CDs; and 1.85% APY on 60- to 83-month CDs.

San Antonio Credit Union offers great CD rates with a $1,000 minimum deposit.Everything’s bigger in Texas, even the CD rates.

Savers willing to go long – we’re talking 10 years – can even earn more than 3% APY at San Antonio Federal Credit Union.

With a $1,000 minimum deposit, this credit union pays:

  • 2.25% APY for 60- to 83-month CDs.
  • 2.85% APY for 84- to 119-month CDs.
  • 3.35% APY for 120-month CDs.

The top nationally available 60-month CD rate on our CD Rates Leaderboard settled in at 1.85% APY over a week ago.

So, yeah, these are all good. And, with a $10,000 minimum deposit, they all increase by five one-hundredths of a percentage point.

Interest rates are going to increase eventually (we hope), so odds are the 10-year CD won’t look so good at some point. You should know, then, that the early withdrawal penalty for terms of 60 months or greater is 365 days of dividends.

You have to be a member of San Antonio Federal Credit Union to buy these certificates of deposit.

Membership is open to those who live, work or worship in designated areas west and south of San Antonio, or employees of one of the credit union’s select employer groups.

(To find the extensive list and the maps, click on “membership application” under the “join now” tab and begin the application process. You won’t have to put in any personal information to get to the “account opening eligibility” screen.)

Members’ immediate family can also join.

Membership requires a $5 deposit in a share savings account.

Members can buy CDs online, over the phone or at a branch.

There are 16 branches in San Antonio, one in suburban Schertz and one in Houston.

Learn more about San Antonio Federal Credit Union at www.sacu.com or call 800-688-7228.

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

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Comments (21)
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21 Existing Comments
  1. SeniorSaver said:
    on August 20th at 02:04 pm

    We can always hope that Firstmark CU, the other big credit union in San Antonio, which offers CDs nationwide, will follow suit.

  2. Kathy at Bankaholic said:
    on August 24th at 09:51 am

    San Antonio FCU has dropped the rates for all of these CDs with a $1,000 minimum. They now pay: 2.20% APY (60 months), 2.80% APY (84-119 months) and 3.30% APY (120 months).

    You can still get the higher rates mentioned here with a $10,000 minimum deposit.

  3. Kathy at Bankaholic said:
    on August 31st at 08:02 am

    A couple of these rates have dropped again: The 120-month CD now pays 3.25% APY with a $1,000 minimum deposit, and the 84-month CD pays 2.75% APY.

  4. Kathy at Bankaholic said:
    on September 25th at 08:06 am

    San Antonio’s rates for its lowest minimum deposits continue to slip (though you can get higher rates with higher minimums).
    It now pays:
    2.15% APY on 60-month CDs.
    2.70% APY on 84-month CDs.
    3.20% APY on 120-month CDs.

  5. Kathy at Bankaholic said:
    on October 30th at 09:36 am

    San Antonio’s rates have dropped again:
    120-month pays 3.15% APY
    84-month pays 2.65% APY
    60-month pays 2.10% APY

  6. Kathy at Bankaholic said:
    on November 27th at 12:08 pm

    San Antonio has raised some of its rates (which has fallen from those noted in the original post). The 84-to-119-month CD now pays 2.70% APY and the 60-month rate is now 2.15% APY.

  7. Kathy at Bankaholic said:
    on January 8th at 10:28 am

    San Antonio’s rates have dropped:

    120-month CDs = 2.90% APY
    84-month CDs = 2.55%
    60-month CDs = 2.10%

  8. Kathy at Bankaholic said:
    on January 11th at 09:33 am

    These rates have dropped for the second time this week:

    120-month now pays 2.70% APY
    84-month now pays 2.34% APY
    60-month now pays 1.95% APY

  9. Kathy at Bankaholic said:
    on January 29th at 07:24 am

    San Antonio FCU has dropped its rates again:

    120-month CDs now pay 2.60% APY.
    84-month CDs pay 2.25%.
    60-month CDs pay 1.85%.

  10. Kathy at Bankaholic said:
    on March 1st at 10:52 am

    These rates have been lowered this week:
    120-month now pays 2.45% APY.
    84-month = 2.20%
    60-month = 1.80%

  11. Kathy at Bankaholic said:
    on March 12th at 08:36 am

    San Antonio has dropped these rates for the second time this month:

    120 = 2.40% APY
    84 = 2.15
    60 = 1.75

  12. Kathy at Bankaholic said:
    on March 19th at 08:24 am

    Rates keep falling:

    120 = 2.30% APY
    84-119 = 2.15
    60-83 = 1.65

  13. Kathy at Bankaholic said:
    on April 30th at 11:08 am

    Rates are lower again:

    120 = 2.20% APY
    84-119 = 1.80% APY
    60-83 = 1.40% APY

  14. Kathy at Bankaholic said:
    on June 11th at 08:12 am

    San Antonio has just raised its 120-month rate (with $1,000 minimum) to 2.30% APY. It’s paying 1.30% APY on the 60-83-month term and 1.90% APY on the 84-119-month term.

  15. Kathy at Bankaholic said:
    on June 18th at 02:42 pm

    San Antonio has bumped up its rates again:
    120-month = 2.45% APY.
    84-119 months = 1.95%
    60-83 months = 1.55%

  16. Kathy at Bankaholic said:
    on June 25th at 10:51 am

    San Antonio has just raised the rate on its 84-119-month CD to 2.00% APY.

  17. Kathy at Bankaholic said:
    on July 9th at 08:56 am

    New rate increases for these long-term CDs at San Antonio FCU:

    120-month now pays 1.65% APY.
    84-to-119-month pays 2.20% APY.

  18. Kathy at Bankaholic said:
    on August 6th at 04:43 am

    San Antonio FCU’s 84-to-119-month CD rate has dropped to 2.05%.

  19. Kathy at Bankaholic said:
    on September 24th at 08:22 am

    San Antonio FCU has raised its 84- to 119-month rate to 2.10% APY.

  20. Kathy at Bankaholic said:
    on October 15th at 09:27 am

    San Antonio’s 84- to 119-month CD rate is back up a bit, to 2.15% APY.

  21. Kathy at Bankaholic said:
    on February 25th at 12:10 pm

    While San Antonio FCU’s current rates are nowhere near as good as they were in 2012, when this was posted, it has raised rates recently. Notably, its 120-month CDs now pay 2.80% APY and its 84- to 119-month CDs pay 2.30% APY. Those rates are with $1,000 minimum. You can get higher rates for these terms with $10,000 minimum and $90,000 minimum deposits.