4.00% 30-Month CD at Qualtrust Credit Union in Texas read and submit comments for this post

Qualtrust Credit Union has some competitive certificate rates. These include a 3.56% APY 1-year CD, a 4.00% APY 30-month CD and a 4.18% APY 5-year CD. Minimum deposit is $1,000. The small print states that higher rates may be available for deposits of $50,000 or more. The early withdrawal penalty is 90 days of interest for terms of one year or less and 180 days of interest for terms of over one year. These rates are listed in the credit union's rate table as of 1/07/09.

Membership is open anyone who lives, works, plays or worships within a 10 mile radius of the credit union's Irving and Grapevine locations or in Tom Green County (location of their San Angelo office). Please refer to the credit union's About Us Page for more details. Membership requires a minimum balance of $5 in the share savings account.

The credit union has some strong ratings for soundness: 5 stars (superior) at BauerFinancial and 4 stars (strong) at Bankrate.com. Both are based on 9/30/08 data. The credit union is federally insured by the NCUA (Charter # 68569).