3.56% 60-Month CD & 3.30% 48-Month CD at Qualtrust Credit Union in Texas - Local Only read and submit comments for this post

Qualtrust Credit Union is offering two competitive long-term certificate rates. One is a 3.56% APY 5-year CD and the other is a 3.30% APY 4-year CD. The shorter term rates are not quite as competitive. Minimum deposit is $1,000. According to the small print, the early withdrawal penalty is 180 days of dividends. These rates are listed in the credit union's CD rates page as of 11/04/09. The rates also apply to CDs in Traditional, Roth and SEP IRAs and in an Educational Savings Account.

My last post on this credit union was in August when they were offering the most competitive rates on the shorter terms.

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's ratings for safety and soundness are strong: 4 stars (sound) at Bankrate.com and 5 stars (superior) at BauerFinancial. Both ratings are based on 6/30/09 financial data. The credit union is federally insured by the NCUA (Charter # 68569).

Thanks to the reader who mentioned these CD rates in the Bank Deals hub page.

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