Texas Banking Rates

Best CD Rates in Texas: First Week of January, 2011

Finding the highest CD rates in Texas isn’t easy, but locating the best rates will get you that much closer to your savings goals.

Texas Banking Rates compiles rates data from a database of over 3,000 banks and credit unions to bring you the most up-to-date CD rate information and help you find the best accounts.

How to Get the Best CD Rates in Texas

Right now, the average six-month CD rate in Texas is .68% APY. The average 1-year CD is .94% APY while 2-year CDs average a bit higher at 1.27% APY. If you’re not sure how to determine whether or not a CD rate is really good, begin by comparing it against the Texas average.

Banks and Credit Unions with the Best CD Rates in Texas

In order to save you the trouble of tracking down the highest CD rates in Texas, we’ve compiled a list of the banks and credit unions with the best offers today:

Best 6-Month CD Rate

  • Intercorp Credit Union: 1.50% APY

Highest 12-Month CD Rate

  • Navy Army Credit Union: 1.75% APY

Top 24-Month CD Rate

  • Nizari Progressive Credit Union: 2.02% APY

If you want to start saving money, a CD account can get you to your savings goals faster by providing interest on your deposit. Texas is home to plenty of banks offering CD accounts, so make sure you’re getting the best rate possible by thoroughly researching all your options. For more information regarding all the financial institutions in your area, check out our directory of Texas banks for a comprehensive list.