Austin Telco Cd Rates (2024)

FAQs

Is Austin Telco FDIC insured? ›

Federally insured up to at least $250,000.

With a Regular Savings account all you need is a minimum balance of $5.00 to represent your share in the credit union and that's it! No monthly account or service fees. With an Austin Telco Regular Savings account you'll have access to: 300+ Free ATMs.

Savings and money market accounts allow you to make additional deposits as well as withdrawals. But with CDs, you make one initial deposit that stays in the account until its maturity date. In return for giving up access to your funds, CDs generally pay higher interest rates than savings or money market accounts.

To have funds wired from another financial institution to your account at ATFCU, you will need to provide that institution with your ATFCU account number and ATFCU's ABA/Routing number of 314977175.

Austin Telco Federal Credit Union has been serving the Austin Area since 1941 and is a strong and safe financial institution with over $2 billion in assets.

Average Austin Telco Federal Credit Union hourly pay ranges from approximately $16.50 per hour for Administrative Services to $18.33 per hour for Teller.

8929 Shoal Creek Blvd.

Credit unions have member-owners, not shareholders. Everyone with an account is an owner. The profit is “paid” back to the membership through lower rates on loans and higher rates on deposits.

One local credit union has a CD paying 6% APY. To open a 6% APY CD, you may need to meet certain eligibility requirements. There are also banks and credit unions with CDs paying over 5% APY, which are available nationwide.

Where can I earn 5% on a CD? ›

Higher interest rates

Rates on CDs are the highest they've been in years, with many online banks offering savers an APY of 5.5% or greater. Compared to the 0.43% many are getting with a regular savings account, you're essentially losing money by not withdrawing your money and depositing it into a CD instead.

Need help or aren't sure what to do? Reach out to us by calling 512-302-5555 during regular business hours, or send us an email at loans@atfcu.org.

Navy Federal's Routing/ABA Number (256074974)

FDIC Insurance does not cover non-deposit investments or investment products, even if they were purchased at an insured bank.

Q: How do I find out if a bank is FDIC-insured? A: To determine if a bank is FDIC-insured, you can ask a bank representative, look for the FDIC sign at your bank, call the FDIC at 877-275-3342, or you can use the FDIC's BankFind tool.

The money you have at Texans Credit Union is federally insured up to $250,000 by the National Credit Union Administration (NCUA) and is backed by the full faith and credit of the United States Government.

FDIC insurance covers deposit accounts, such as checking and savings accounts, money market deposit accounts and certificates of deposit. Investment options, such as stocks, bonds and mutual funds, aren't insured by the FDIC.