Certificates of Deposit
WATCH YOUR MONEY GROW WITH FANTASTIC CD RATES!
Jumbo CD - limited time offer
Life becomes richer when you're free to enjoy unforgettable moments without financial worries. To help you create more memories, experience more adventures, and cherish life with family and friends, we're offering a robust 4.25% APY¹ on a special 12-month Jumbo† Certificate of Deposit — available on new money deposits of $100,000 or more. This is a limited time offer.
CDs Offer a Range of Options To Help You Save
Features of our Certificates of Deposit:
Initial deposit starts at $1,000
Dividends are paid monthly at competitive rates and can be paid out or reinvested in the CD
Additional principal funds are not permitted during the term
Your deposits are federally insured by the NCUA
At maturity, your CD will renew automatically unless you notify us.‡
To open a CD, drop by our office or give us a call. Not yet a member (yes, you can join!)? Open your account now.
What is a CD?
A Certificate of Deposit, or CD, is like a piggy bank that you promise not to open for a while. Here’s how it works:
You put money into a CD at the credit union.
You pick a time to leave it there—like 6 months or 1 year. (This is called the “term.”)
We pay you interest, which is extra money added to your total.
At the end of the time (called “maturity”), you get your original money back plus the interest.
But there’s a rule: If you take the money out too early, the credit union takes away some of the interest as a penalty.
Wondering if a CD is right for you? Check out our blog post Five Reasons to Put Your Money in a CD
‡If you want to add principal funds to your CD, withdraw funds, or change the term, notify the credit union within 10 days of maturity. An early withdrawal penalty may apply. At maturity, CD will renew at the prevailing rate at that time unless you provide alternate instructions. CDs issued as "non-renewing" do not auto-renew.
1: APY=Annual Percentage Yield. APY accurate as of April 14, 2025 and is subject to change without notice.
†Offer applies to new money only and requires a minimum deposit of $100,000. Term is 12 months; penalties apply for early withdrawal. At maturity, CD will automatically renew at the prevailing rate. Offer expires May 31, 2025, or may end earlier at the credit union’s discretion. Membership eligibility and additional terms may apply. An early withdrawal penalty may apply.
CD Rates
| Term | Minimum Deposit Amount | Dividend Rate | APY** |
|---|---|---|---|
| 6 Month | $1,000 | 2.25% | 2.273% | 12 Month | $1,000 | 2.25% | 2.273% | 18 Month | $1,000 | 2.00% | 2.018% |
| 24 Month | $1,000 | 2.00% | 2.018% |
| 36 Month | $1,000 | 2.00% | 2.018% |
| 48 Month | $1,000 | 2.00% | 2.018% |
| 60 Month | $1,000 | 2.00% | 2.018% |
Rates on Certificates of Deposit are effective as of February 1, 2024.
Jumbo CD Special Offer Rates†
| Term | Minimum Deposit Amount | Dividend Rate | APY** | 12 Month | $100,000 | 4.164% | 4.25% |
|---|
Special Rate on Jumbo Certificates of Deposit are effective as of April 14, 2025.
‡If you want to add principal funds to your CD, withdraw funds, or change the term, notify the credit union within 10 days of maturity. An early withdrawal penalty may apply. At maturity, CD will renew at the prevailing rate at that time unless you provide alternate instructions. CDs issued as "non-renewing" do not auto-renew.
†Annual Percentage Yield (APY) is accurate as of April 14, 2025. Minimum deposit of $100,000 required to open and obtain advertised APY. Term is 12 months. At maturity, the certificate will automatically renew at the prevailing rate for a 12-month term unless you provide alternate instructions. Early withdrawal penalties may apply and could reduce earnings. Rates are subject to change at any time without notice. Membership is required and can be established when the CD is opened.
Want a safer way to grow your savings? Certificates of Deposit from 1st University Credit Union offer predictable growth, competitive rates, and the peace of mind that comes with NCUA insurance. With flexible terms, monthly dividends, and support from our local team, it’s an easy way to make your money work harder. Based in Waco, we proudly serve the Central Texas community, including McLennan, Erath, and Bosque counties.
Helping You Do Life — one smart deposit at a time.