Firstmark Credit Union offers competitive interest rates with their Regular certificate of deposit, Super CDs, and Jumbo CDs. This money in the bank deal has the following current certificate of deposit rates:

Regular Certificate of Deposit:

• 6 months        0.74% APY
• 1 year             1.00% APY
• 18 months      1.01% APY
• 2 years            1.45% APY
• 3 years            1.90% APY
• 5 years            2.75% APY

Super Certificate of Deposit:

• 6 months        0.79% APY
• 1 year             1.03% APY
• 18 months      1.10% APY
• 2 years            1.50% APY
• 3 years            1.92% APY
• 5 years            2.80% APY

Jumbo Certificate of Deposit:

• 6 months        0.84% APY
• 1 year             1.10% APY
• 18 months      1.15% APY
• 2 years            1.55% APY
• 3 years            2.05% APY
• 5 years            2.85% APY

You can start earning these highest CD rates for the Regular CD when you open and make an initial deposit of $500. You must also have their S1 savings account with a minimum balance of $5.00 to qualify for this best CD account. You may also choose to open their Super CD account which has a minimum deposit of $50,000 or you can take advantage of their Jumbo CD account which has an opening balance of $100,000.

This best certificate of deposit account may incur penalty when you withdraw money from your account before the maturity date. The early withdrawal penalties are as follows: for 1 year or less CD term the penalty is equal to 90 days of dividends, for 2 years or more CD term the penalty is equal to 180 days of dividends, and finally for CD with 5 years term the penalty is equivalent to 365 days worth of dividends.

The earnings of your certificate of deposit account is compounded and paid on a monthly basis. You may choose to have your dividends added to your savings, checking account or CD account. You also have an option to withdraw it without incurring any penalty or just have it mailed to you.

Your certificate of deposit account will automatically renew once it matures, but you will be notified by the credit union 30 days before the maturity date. You will also be given a 10 days grace period to deposit , withdraw, or make any changes on your account without penalty. Please also remember that the interest rates of these best certificate of deposit account is subject to change anytime without prior notice.

Membership with Firstmark Credit Union is open to individual who live, work, attend school, or worship, and businesses located in the county of Bexar. Employees or students of the public school districts, universities, and colleges in the counties of Zavala, Wilson, Medina, McMullen, La Salle, Kendall, Guadalupe, Frio, Dimmit, Comal, Bexar, Bandera, and Atascosa are also eligible to join. Relatives of existing members are also welcome to join the credit union. In case you do not qualify, there is still another option. You just need to become a member of The Friends of the Park Foundation, you do not have to worry since the credit union will be paying for your membership on the first year. Hence, you are not required to renew your membership with them.

You can just visit the credit union’s website and complete their application form if you want to join. You need to deposit a minimum of $5 on your new Smart Savings Share account as part of their membership requirement. You may call customer service line if you still have questions or concerns with regard to their membership eligibility or current interest rates thru 210-442-0100 or 800-683-1211.

Firstmark Credit Union has a total of 10 branches located in San Antonio, Texas. The credit union has been operating since 1932 and currently they have reached over $691 million in declared assets. They are also registered under NCUA charter number 62509.