Last Updated: 04/18/2025
HEB Federal Credit Union CD Accounts
Unaffiliated
in CD Accounts from HEB Federal Credit Union
Last Updated: 04/18/2025
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Highlights
APY (Annual Percentage Yield)
0.73% - 1.64%(Verified 06/21/2024)
Minimum Opening Deposit
Starting at $1,000
Certificate Term
- 3 months
- 6 months
- 12 months
- 2 years
- 3 years
- 5 years
HEB Federal Credit Union CD Accounts Review
HEB Federal Credit Union CD Accounts are offered by HEB Federal Credit Union, a credit union founded in 1963 and based in San Antonio, TX. HEB Federal Credit Union CD Accounts are available in 50 states and Washington, DC.
Key Takeaways
- Small selection of CD account types. HEB Federal Credit Union CD Accounts only offers jumbo and traditional CDs.
- Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 1.64%, which is much higher than the national average for a CD account.
- $1,000 minimum deposit. This is a typical minimum initial deposit for the CDs we track.
- Wide selection of CD terms. HEB Federal Credit Union CD Accounts allows you to create a CD ladder by spreading your cash across certificates with different terms. This combines the benefits of frequent access to funds and higher rates of return on your savings.
Pros & Cons of HEB Federal Credit Union CD Accounts
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HEB Federal Credit Union CD Accounts FAQ
Are CD from HEB Federal Credit Union federally insured?
No, your HEB Federal Credit Union CD accounts are not insured by a federal insurance agency. This means that if HEB Federal Credit Union were to fall into financial difficulties, your deposits are not covered by a government-backed insurance fund like the FDIC or NCUSIF.
What types of CDs does HEB Federal Credit Union offer?
HEB Federal Credit Union CD Accounts provides the following types of CDs.- Traditional CDs. These CDs pay a fixed interest rate if you deposit a fixed amount of money for a specific term. Once the maturity date arrives, you have the option of cashing out or automatically renewing the CDs for another term.
- Jumbo CDs. A jumbo CD requires a higher minimum balance than that required by traditional CDs. In exchange, jumbo CDs pay higher interest rates.
What rates does HEB Federal Credit Union offer on its CDs?
HEB Federal Credit Union CD Accounts offers an APY starting at 0.73% and ranging up to 1.64%. APY stands for annual percentage yield and shows the interest rate paid by the CD after taking into account compounding.
What terms does HEB Federal Credit Union CD Accounts offer?
HEB Federal Credit Union offers CD terms of the following lengths:| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Certificate Term |
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| 3-Month APY | 0.73% - 1.04% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 12-Month APY | 1.15% - 1.64% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| APY (Annual Percentage Yield) | 0.73% - 1.64% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 6-Month APY | 0.92% - 1.32% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 2-Year APY | 1.00% - 1.43% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 3-Year APY | 0.92% - 1.32% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 5-Year APY | 0.95% - 1.35% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
What is the minimum deposit to open a CD account with HEB Federal Credit Union?
HEB Federal Credit Union CD Accounts require a minimum deposit of $1,000 to open an account.
What is the grace period for HEB Federal Credit Union CD Accounts?
HEB Federal Credit Union CD Accounts does not specify what their grace period is. A grace period is a period of time during which you can withdraw the money in your CD without paying an early withdrawal penalty. A grace period starts the day after a CD’s maturity date, or the final day a CD is opened. Standard CDs renew automatically at the same term if you don't withdraw your money after the grace period. Note that the new CD rates probably won’t be the same as the original.
What types of fees, such as early withdrawal penalties, does HEB Federal Credit Union charge?
Financial institutions don't typically charge many fees on CDs. However, most charge a fee if you choose to withdraw your money before the term ends.
HEB Federal Credit Union charges an early withdrawal fee.
HEB Federal Credit Union does charge any of the fees we track.
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Hours of Operation
Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 5:00PM
Saturday
Closed