The best CD rates in Texas were a mixed bag for the week with the six month CD rates and one year CD rates producing better yields while the two year CD rates remained unchanged and the best five year CD rates dropping marginally.  While longer term CD rates on the national lists have been slowly creeping up, most CD rates in Texas have been bucking this trend and have been slowly moving lower.

The highest six month CD rate is a true stand out with Wilshire State Bank offering a six month CD rate of 2.52%, well above the best national rates.  The highest one year CD rate gained ground but remains below the best national rates.  The top bank rate for this term in Texas is the product of Collin Bank with a one year CD that earns a rate of 2.58%.  The highest two year CD rate remains with Texas Security Bank at 2.75% only two basis points or 2/200 of a percent lower is the two year CD of Collin Bank with a rate of 2.73%.  With the reduction in last weeks five year CD rate leader of Access 1st Capital Bank to 3.45%, the best five year CD rate in Texas dropped to 3.50%.  Five year CD rates of 3.50% are available at Green Bank as well as Northstar Bank of Texas.

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