Go Banking Rates Report: Texas Teachers Make the Grade with Great CD Rates Offered by Local Credit Union
Leading interest rate aggregating website, www.GoBankingRates.com, discovers a way for Texas families to earn greater returns from local credit union CD rates, in its latest rate assessment.
JACKSONVILLE, TX, January 14, 2013 – The most current findings in a Go Banking Rates interest rate investigation uncovers a savings option for local Texas investors that produces high yields with minimal risk. The report discloses that the Cherokee County Teachers Federal Credit Union is offering a 1.26% APY rate for its 24-month certificate of deposit. The high-interest local credit union CD rates provided at the institution give conservative investors a way to earn more without assuming a great deal of risk.
Members are eligible to open the 24-month CD account with a minimum deposit of $10,000. Premature withdrawal from the account may lead to penalties against earnings.
Cherokee County Teachers Federal Credit Union is a non-profit financial cooperative that has served its members since its founding in 1955. Members of the collective are regarded as shareholders of the institution, and all profits earned throughout the year are returned to the membership in the form of higher dividends and low loan rates.
For more information about Cherokee County Teachers Federal Credit Union and other local financial institutions in the state, visit www.TexasBankingRates.com.
Other Terms and Conditions may apply. Interest rates are based on the institution’s online published rates and may have changed since this offer was posted. Additionally, Go Banking Rates manually collects interest rates from local institutions to determine the most competitive offers in the area – featured banks and credit unions do not pay to be featured in rate alerts. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.
About Go Banking Rates
GoBankingRates.com is a national personal finance website dedicated to connecting readers with the best interest rates on bank products nationwide. The Go Banking Rates team manually collects interest rate information from over 4,000 banks and credit unions, making their database the only source of comprehensive and authentic local rate data.
GoBankingRates.com is the national flagship site within a network of more than 1,500 banking domains, including local partner site TexasBankingRates.com, which generate more than 2 million visits each month. Texas Banking Rates is a locally-focused website dedicated to connecting Texas readers with the best interest rates in the state on Certificates of Deposits, Savings Accounts, Auto Loans, Mortgages and more.