Generations Federal Credit Union invites its members to take advantage of the best interest rates being offered for their 18-month CD special that has a current interest rate of 2.35% APY for balances of at least $1,000 through $100,000. The deposit ceiling is set at $250K. This money in the bank deal is also available as an IRA with a minimum deposit of $250.

They also offer their best cd rates for the following:

12 months 1.45% APY
18 months 2.35% APY
24 months 1.85% APY
36 months 2.40% APY
60 months 3.15% APY

These top cd rates are still posted on the bank’s website as of April 26 and can be changed any time. It will be wise to check on the latest figures prior to signing up for anything.

The Generations FCU welcomes membership applications from individuals who live, study, work, volunteer, or worship in the Bexar County of Texas. The credit union requires a $5 balance into a share savings account. You can check the membership page of Generations to know the specifics of how you can join them.

The credit union has branches spread across areas of San Antonio. If you have questions with regard to their products, you can contact them through 210-229-1128.

The ratings of Generations FCU are mixed. Bankrate.com issued only 2 stars after evaluating their performance using their September 2009 collected data. BauerFinancial on the other hand issued 4 stars reflective of a good evaluation of their soundness and safety based on their December 2009 data.

The credit union is listed with the NCUA and covered through charter number 4015.