Top Texas CD Rates- November 29, 2010
In comparison to the previous weeks, certificate of deposit account rates in Texas continue to fluctuate. In general, CD accounts are one of the safest forms of investment. In order to really capitalize using this investment route, it is important to locate the highest CD rates in your area. Finding the best rate will help you maximize your savings faster. The information provided below will help make this a less time consuming process.
Typical CD Rates in Texas
Knowing the average CD rate in your state will help you understand the realistic range of interest rates you’re likely to find, as well as pinpoint the truly outstanding offers. Right now, the average 6-month CD rate in Texas is 0.71% APY, while the average 12-month CD interest rate is 0.98% APY and two year CDs come in at 1.31% APY. There are plenty of banks and credit unions in Texas that beat these rates, however–you just have to know where to find them.
Banks and Credit Unions with the Best Texas CD Rates
The following are the TX banks and credit unions that offer CD rates well above the state average: Highest 2 year CD rate in TX
- Pilgrim Credit Union at 3.00% APY
Best 1 year CD rate in TX
- HHA Federal Credit Union at 3.75% APY
Top 6 month CD rate in TX
- Pilgrim Credit Union at 2.60% APY
If you would like to open a CD account with one of the above banks, view the directory of Texas banks for contact information so you can begin growing your savings today. Visit our Texas CD rates page for more information on CD accounts.
Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.