Solidify Your Financial Future!

Putting money aside is a personal decision. Whether it’s for retirement, a large purchase you have planned, an unexpected emergency, next Christmas or your next vacation. We even have youth accounts for when it’s time to teach your little ones to save smart. Opening a savings account is quick and easy with our new online applications, no paperwork required!

Start Saving Today!

Invest your money without assuming extraordinary risks. Choose the money saving solution that best fits your financial means and lifestyle! All SOTCU accounts are federally insured up to $250,000 by the NCUA (National Credit Union Administration).

Certificate of Deposit

Certificates of deposit are often referred to as CDs, non-liquid accounts, or time deposits and considered one of the safest ways to save. Credit Unions are different from other financial institutions in that they often provide higher interest rates on savings accounts. Why choose a CD from Star of Texas Credit Union?

  • They always hold their original value, unlike the stock market
  • Flexible Maturity Dates (From 6 to 36 Months)
  • Higher interest rates than most financial institutions
  • Federally Insured up to $250,000 by NCUA (National Credit Union Administration)
TERMAmounts of $1,000 - $49,999.99Amounts of $50,000 - $99,999.99APY Amounts of $100,000 +
3 Month0.80%0.90%1.00%
6 Month1.50%1.60%1.75%
9 Month4.50%4.50%4.50%
12 Month5.00%5.00%5.00%
18 Month5.00%5.00%5.00%
24 Month4.50%4.50%4.50%
36 Month4.25%4.25%4.25%
48 Month3.75%3.75%3.75%
60 month3.75%3.75%3.75%

4- Min. Amount to earn $1,000 unless otherwise stated under “Amount” row. Early withdrawal penalties apply is surrendered prior to term maturity.

5- 36 month Special Rate*** Limited Time Offering. Rates apply to new and existing money offerings.

Individual Retirement Accounts

An Individual Retirement Account (IRA) is an account that is designed to help you save for your retirement. You can make contributions into the account to grow the balance. Depending on your income level and whether you participate in your employer’s retirement plan, all or part of your contribution may be tax-deductible.

  • Choose from Traditional or Roth IRA
  • Low Minimum Opening Deposits
  • Competitive Interest Rates
  • Tax Advantages
  • Dividends are compounded quarterly
  • Federally Insured up to $250,000 by NCUA (National Credit Union Administration)

Contributions can be made to your traditional IRA up to the year you turn age 70 ½, at which time you must begin taking required minimum distributions from the account. You can begin taking penalty-free withdrawals at age 59 ½, but they will be taxed as ordinary income. There are also other exceptions that allow for penalty-free withdrawals.

Start planning for your retirement today and open an IRA.

IRA0.30% 30.30% 30.30% 3

Money Market Accounts

Money Market Accounts provide higher interest rates with immediate access to your funds. Earn more than you would with a regular savings account without tying up your money long term.

  • Minimum Balance of $2,000
  • Convenient Access
  • Dividends are compounded monthly
  • Federally Insured up to $250,000 by NCUA (National Credit Union Administration)
Money Market0.20%30.20%3$1,000 to $4,999
Money Market0.25%30.25%3$5,000 to $24,999
Money Market0.35%30.35%3$25,000 to $74,999
Money Market0.40%30.40%3$75,000 to $199,999
Money Market0.50%30.50%3$200,00 and up

Christmas Club Accounts

A Christmas Club savings account is designed specifically for holiday spending and offers a higher dividend rate than a regular share account. Sign-up for payroll deduction to have money deposited into your Christmas Club account year round. This is a great way to save your money for gifts, travel, and other holiday festivities.

On November 1st the balance will be transferred to your regular share account. There is an early withdrawal fee of $10.00 per transaction.

  • Save for Holiday Expenses
  • Higher Return than a traditional savings account
  • Dividends compounded quarterly
  • Minimum Balance of $100 to earn
  • Federally Insured up to $250,000 by NCUA (National Credit Union Administration)
Christmas Club0.15% 10.15% 1Up to $5000

Rates Last Updated on 10/23/2023