Best CD Rates in San Antonio, TX: Top 3

December 27, 2012 No Comments »
Best CD Rates in San Antonio, TX: Top 3

Below are the highest yielding CD (certificate of deposit) rates available to the residents of San Antonio, Texas. The institutions we will cover all include the following cities in Texas: Hollywood Park, Converse, Kirby, Castle Hills, Leon Valley, Helotes, Schertz, New Braunfels, Fair Oaks Ranch, Boerne, and San Marcos.

These come in the form of 6 month CDs, 12 month CDs and 60 month CDs. After sorting through hundreds of rate pages by local community banks and credit unions serving the greater San Antonio, TX area, we found that for the most part, local banks and credit unions are providing rates that are almost identical to the top online banks. This is slightly different than what we see in Houston, for example, where APY’s from local banks are almost always higher than online banks. (To see today’s top CD rates from online banks scroll down.)

How did we compile this list? As you are probably aware, higher CD rates tend to accompany longer maturities and since we did not want to strictly list long maturity CD’s we decided to list the deposit rates which beat the national average by the highest margins.

Best CD Rates in San Antonio, Texas Area:

Min. Deposit
Texstar National Bank 6 Month CD 0.50% $1,000 (210) 299-4730
First National Bank (San Antonio, TX) 6 Month CD 0.41% $1,000 (210) 734-1400
First Community Bank 12 Month CD 0.70% $1,000 (210) 558-3000
Texas Champion Bank 12 Month CD 0.60% $1,000 (210) 494-1855
Compass Bank 60 Month CD 2.00% $500 (210) 592-5571
American Bank of Texas 60 Month CD 1.56% $10,000 (830) 620-4852
All of the above institutions are federally insured by either the FDIC or NCUA. If you live in the city of San Antonio, TX and know of a better interest rate offered through your local bank or credit union, please share by leaving a comment.

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