Certificates of Deposit

Consumers searching for relatively low-risk investments often turn to certificates of deposit (CDs). A CD is a special type of deposit account with a bank or thrift institution that typically offers a higher rate of interest than a regular savings account. Like all bank deposit products, CDs feature federal deposit insurance up to $250,000, per insured bank, for each account ownership category.

 

2-Year ($10,000.00 & up)

The 2-year term share certificate(TSC) is currently the longest investment available at your credit union. Benefit from the longer term with the highest possible return.

A minimum deposit of $10,000.00 is required to start a 2-Year TSC.
Penalties may apply for early withdrawals.

Dividend Rates: WesTex FCU remains very competitive with the local market. Click here to view our rates.

 


18-Month Jumbo CD ($50,000.00 & up)

Call for rate quote on Jumbo CD of $100,000.00 or more with flexible terms of
6 months to 24 months.

A minimum deposit of $50,000.00 is required to start a 18-Month Jumbo CD.
Penalties may apply for early withdrawals.

Contact Member Services.

Dividend Rates: WesTex FCU remains very competitive with the local market. Click here to view our rates.

 


6-Month ($1,000.00-$9,999.99)

Term Shares are available to secure funds for 6 months at a fixed interest rate. You’ll enjoy the returns on your investment as it matures and your balance grows each month. Dividends can be paid out monthly to the available funds of your account or compounded to the balance of your term share.

A minimum deposit of $1,000.00 is required to start a 6-Month Term Share.
Penalties may apply for early withdrawals.

Contact Member Services.

Dividend Rates: WesTex FCU remains very competitive with the local market. Click here to view our rates.

 

6-Month ($10,000.00 & up)

Term Shares are available to secure funds for 6 months at a fixed interest rate. You’ll enjoy the returns on your investment as it matures and your balance grows each month. Dividends can be paid out monthly to the available funds of your account or compounded to the balance of your term share.

A minimum deposit of $10,000.00 is required to start a 6-Month Term Share.
Penalties may apply for early withdrawals.

Contact Member Services.

Dividend Rates: WesTex FCU remains very competitive with the local market. Click here to view our rates.

 


12-Month

Similar to the 6-Month term share, a 12-month term will allow members to receive a higher dividend rate and secure the funds for one full year.

A minimum deposit of $10,000.00 is required to open a 12-Month term share.
Fees may apply for early withdrawals.

Contact Member Services.

Dividend Rates: WesTex FCU remains very competitive with the local market. Click here to view our rates.