Cedar Hill, Texas Savings Rates - October 2026
Brian McKay
Brian McKay
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Cedar Hill, Texas savings account rates range from 0.01% to 10.00% APY, verified by MonitorBankRates as of October 13, 2026. The best savings rates for Cedar Hill, Texas and the surrounding area include Together Credit UnionTogether Credit Union725 E Belt Line Rd, Cedar Hill, TX 75104 2214A+5.0 ★Texas Ratio: 4.25%Real return: +2.20%APY minus 2.8% CPI (February 2026) Accelerate It Savings at 5.00% APY, Frost BankFrost Bank213 North Highway 67, Cedar Hill, TX 75104A+5.0 ★Texas Ratio: 2.51%Real return: +1.20%APY minus 2.8% CPI (February 2026) Business Savings at 4.00% APY, Woodforest National BankWoodforest National Bank621 Uptown Blvd, Cedar Hill, TX 75104A-5.0 ★Texas Ratio: 14.96%Real return: -2.45%APY minus 2.8% CPI (February 2026) PERSONAL SAVINGS at 0.35% APY, Resource One Credit UnionResource One Credit Union755 N Highway 67, Cedar Hill, TX 75104A-5.0 ★Texas Ratio: 14.23%Real return: -2.45%APY minus 2.8% CPI (February 2026) IRA & SEP Savings at 0.35% APY, and Wells FargoWells Fargo375 N Highway 67, Cedar Hill, TX 75104A+5.0 ★Texas Ratio: 5.36%Real return: -2.75%APY minus 2.8% CPI (February 2026) Platinum Savings at 0.05% APY.
Cedar Hill has 49 local institutions in our database, with savings rates as high as 5.00% APY from Together Credit Union at 725 E Belt Line Rd, Cedar Hill, TX 75104 2214. Use the table below to compare all available offers, including options from institutions serving the broader Texas area. Rates are continually updated, so we recommend checking back frequently.
Savings rates reflect recent market quotes and representative offers available to depositors in Cedar Hill, Texas and the surrounding area. Last Updated and Verified: October 13, 2026
Compare the Best Savings Rates in Cedar Hill, Texas & Surrounding Communities
Balance: $100.00 - $5,000.99 earns APY 5.00%; Balances $5,001.00 and above earn APY 0.20%; Requires open checking account under same membership number; Must be 22 or older; One per Social Security or Taxpayer Identification Number; Minimum Balance/Average Daily Balance: $5/$100
Balance: $500,000+; $500,000+
Balance: $100,000 and over
Balance: $100,000 and over
Balance: $100,000 and over
Balance: $1,000 to $99,999.99
Balance: $1,000 to $99,999.99
Balance: $100,000 and over
Earn and Learn available to members up through age 18; APY dividend of 2.96% on balances $5.00-$2,500.00; Balances over $2,500.00 earn APY 0.20%; Minimum Balance/Average Daily Balance: $5/$5
Balance: $1,000 to $99,999.99
Balance: $20,000,000 and Over
Balance: $10,000,000 - $19,999,999.99
Balance: $1,000 to $99,999.99
Balance: $2,500,000 - $9,999,999.99
Balance: $1,000,000 - $2,499,999.99
Balance: $2,500,000 - $9,999,999.99
Balance: $250,000 - $999,999.99
Balance: $1,000,000 - $2,499,999.99
Balance: $100,000 and over
Balance: $100,000 and over
Balance: $100,000 and over
Balance: $250,000 - $999,999.99
Balance: $100,000 - $249,999.99
Balance: $50,000 - $99,999.99
Balance: $0.00 - $24,999.99
Balance: $10,000.00 or more
Over $10,000; Transaction Limits: Limited
APY= Annual Percentage Yield. Fees could reduce earnings on the account. A penalty will or may be imposed for early withdrawal of funds prior to the maturity date. Rates as of October 09, 2026. Rates are subject to change without notice.
Transaction Limits: Limited
- Oct 2, 20260.30%▲ from 0.05%
- Sep 27, 20260.05%▼ from 0.30%
- Sep 14, 20260.30%first recorded
Min. Balance/Average Daily Balance: $5/$100
Balance: $15,000 and over
Balance: less than $10,000
Under $10,000; Transaction Limits: Limited
Minimum Balance/Average Daily Balance: $5/$5
Minimum Balance/Average Daily Balance: $0/$5
Minimum Balance/Average Daily Balance: $5/$5
Minimum Balance/Average Daily Balance: $0/$100
Minimum Balance/Average Daily Balance: $5/$100
Minimum Balance/Average Daily Balance: $5/$5
Balance: $0-14,999.99
Rates as of October 09, 2026. Rates are subject to change without notice.
Balance: $50.00 and above
Balance: $250.00 and above
When linked to Premier Checking. Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.
- Oct 7, 20260.05%▲ from 0.01%
- Sep 27, 20260.01%▼ from 0.05%
- Sep 18, 20260.05%first recorded
Balance: $0+
Transaction Limits: Limited
- Oct 2, 20260.05%▼ from 0.25%
- Sep 27, 20260.25%▲ from 0.05%
- Sep 14, 20260.05%first recorded
When linked to Prime Checking. Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.
- Oct 7, 20260.02%▲ from 0.01%
- Sep 27, 20260.01%▼ from 0.02%
- Sep 18, 20260.02%first recorded
Avoid the $12 monthly service fee with a $3,500 minimum daily balance each fee period.
- Sep 27, 20260.01%▼ from 0.02%
- Sep 18, 20260.02%first recorded
Balance: $0+
Balance: Up to $1000.00
Qualifying balance up to $1,000.00 (first $1000); new High Yield Savings account; Share (Savings) Accounts section
Balance: $0.00 - $25,000.00; Qualifying balance up to $25,000.00
Balance: .01- 50,000.00
Balance: $1.00 - $2,500.00
Balance: $0.01-$499.99; Split rate account
Balance: $0 - $500; Compounded Quarterly
Balance: $0-$499.99
Balance: $0.00 - $2,499.99; During the first 6 months after account opening, a promotional APY of 5.00% applies to that portion of the total account balance within the first tier, up to $2,499.99. The standard tiered APYs displayed apply to the remaining portion(s) of the account balances above the first tier. Dividend rates are tiered; different portions of the total account balance earn different rates. The APY reflects a blended rate based on the portion of the total balance in each tier, and if held to maturity. Dividends accrue daily and are paid monthly. Fees could reduce earnings on the account. No penalty for withdrawal. Limited to personal accounts; one account per member. Certain conditions and restrictions may apply. Rates and tiers are subject to change without notice. Membership must be completed before account opening. Please refer to the Membership Agreement and Disclosures for terms and conditions applicable to specific accounts
Balance: $100 to $10,000
Deposits and withdrawals comply with Federal Regulations
- Oct 9, 20264.18%▲ from 4.05%
- Sep 14, 20264.05%first recorded
$50.00 to open
- Oct 5, 20264.12%▲ from 3.65%
- Sep 14, 20263.65%first recorded
Qualifications Required; Qualifying balance up to $25,000; requires direct deposit(s) of at least $500.00 per month to a Freedom Direct, Justice National, Beyond the Badge or Student checking account; No minimum balance requirement
- Oct 12, 20264.00%▲ from 0.10%
- Oct 4, 20260.10%first recorded
Balance: $1,000.00 - $250,000.00
- Sep 29, 20264.00%▼ from 4.00%
- Sep 25, 20264.00%▼ from 4.00%
- Sep 21, 20264.00%▼ from 4.00%
- Sep 18, 20264.00%▼ from 4.00%
Qualifications Required: 1 direct deposit or ACH credit; 12 debit card purchases; e-statements enrollment; online banking enrollment/login; Balance: 0 - $100,000
Balance: $0.01 to $5,000.00
Balance: $2,000,000.00+
New Money Only
Balance: $7,500,000.01 and over
Balance: $1,000.00 - $99,999.99
Balance: the first $15,000 on deposit in the account (average balance)
Balance: $100 - $25,000.00; No monthly service fee; Tiered base dividend; Dividend accrues from the date of deposit; Dividends are compounded and paid monthly
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution’s data, please contact us here.
Cedar Hill, TX Savings Rate Trends
Compare local Cedar Hill, TX savings rate quotes against the statewide average
Daily savings rate averages tracked across our database of 8,500+ banks and credit unions, updated every evening.
Texas high-yield savings rates rose 0.034 points over the past 7 days to 2.321% APY, up from 2.287%.
Texas standard savings rates fell 0.004 points over the past 7 days to 0.484% APY, down from 0.488%.
Cedar Hill, Texas Savings Rate Forecast, Next 12 Months
Savings rates move with Federal Reserve policy. Our model uses the current TX high-yield average and a Fed funds spread to project the likely rate trajectory for 2026 to 2027.
Savings account rates are variable and move in close correlation with the Federal Reserve’s federal funds rate target. Our 12-month forecast is derived from the current TX high-yield savings average of 2.321% APY and a Fed funds spread model calibrated to the historical relationship between policy rate changes and deposit rate adjustments at banks and credit unions.
Key assumptions: the Federal Reserve holds the federal funds rate at its current level over the next 12 months, with the possibility of one 25 basis point increase; deposit rates at banks and credit unions track policy-rate changes within 60 to 90 days. High-yield online savings rates tend to adjust faster than standard branch-based savings rates.
Important notice: This forecast is for informational purposes only and should not be used as the sole basis for financial decisions. Rate forecasts carry significant uncertainty. The actual trajectory will depend on Federal Reserve decisions, economic conditions, and competitive dynamics among financial institutions in Cedar Hill, Texas.
Savings Account Earnings in Cedar Hill, Texas
Annual interest earnings at current TX average APYs, based on the high-yield and standard savings averages tracked in our database. Compounding assumed monthly.
| Balance | HY Savings (2.321% APY) | Monthly Earnings | Standard Savings (0.484% APY) | Monthly Earnings |
|---|---|---|---|---|
| $5,000 | $116.05 / year | $9.67 | $24.19 / year | $2.02 |
| $10,000 | $232.10 / year | $19.34 | $48.39 / year | $4.03 |
| $25,000 | $580.25 / year | $48.35 | $120.98 / year | $10.08 |
| $50,000 | $1,160.50 / year | $96.71 | $241.95 / year | $20.16 |
| Earnings estimates use daily compounding. Actual earnings depend on exact rate, compounding frequency, and daily balance maintained. Rates are variable and subject to change. Source: Cedar Hill, Texas savings rate averages as of October 14, 2026. | ||||
About Our Cedar Hill, Texas Savings Rate Database
MonitorBankRates found 5 institutions with branches in Cedar Hill (3 banks, 2 credit unions), plus 21 additional state-chartered and national online institutions available to Cedar Hill residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website, no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1 to 5), and Texas Ratio, objective financial health metrics calculated from FDIC and NCUA regulatory data, so you can compare yield and institutional safety in one place.
Current top rate: Together Credit Union offers a savings account at 5.00% APY. Use the rate table above to compare all current offers in Cedar Hill, Texas.
How to Find the Best Savings Rates in Cedar Hill, Texas
What to compare when shopping for a savings account in Cedar Hill, Texas
To find the best savings APYs in Cedar Hill, Texas, start with credit unions and online-only banks: Cedar Hill, Texas has 21 credit unions in our database, and they consistently offer some of the highest yields because they are member-owned nonprofits with lower overhead than traditional banks.
Always compare the APY (Annual Percentage Yield), not just the interest rate. APY reflects compounding and is the true measure of what you’ll earn. Savings accounts that compound daily earn slightly more than those compounding monthly at the same stated rate. The current TX high-yield savings average is 2.321% but top local institutions are offering as high as 5.00%, so shopping around pays off.
Unlike a CD, savings account rates are variable. Your rate can change at any time with Federal Reserve policy. Many institutions offer elevated introductory rates that reset after a promotional period. Review your account periodically to ensure your APY remains competitive.
When a High-Yield Savings Account Makes Sense
- Emergency fund: Financial experts recommend 3 to 6 months of expenses in a liquid, FDIC-insured account. Cedar Hill, Texas high-yield savings rates currently average 2.321% APY, far above a typical checking account.
- Short-term savings goals (6 to 24 months): If you may need the money soon, a savings account gives you immediate access without early withdrawal penalties.
- Parking cash between investments: A high-yield savings account at Cedar Hill, Texas institutions keeps idle cash working harder while remaining fully accessible.
- You prefer banking locally: 26 institutions in Cedar Hill, Texas report savings rates to our database.
- No rate lock-in risk: Unlike a CD, your rate moves up with the market if rates rise further.
Consider an Alternative If…
- You want a locked-in, guaranteed return Cedar Hill, Texas CD rates
- You want check-writing flexibility Cedar Hill, Texas money market rates
- You need daily transaction access Cedar Hill, Texas checking rates
Cedar Hill, Texas Financial Snapshot
Local demographics and economic context for savers. Source: U.S. Census Bureau
11.4% of residents are 65 or older, below the national average of 17.3%; an unemployment rate of 7.4% (vs. 4.8% nationally) underscores the value of keeping liquid emergency savings. At today’s TX high-yield savings average of 2.321%, saving 10% of the local median salary ($4,617/year) would earn an additional $107 annually in interest.
Data: U.S. Census Bureau and U.S. Bureau of Labor Statistics.
Savings Accounts vs. Other Cedar Hill, Texas Options
How high-yield savings accounts compare to other deposit products available at banks and credit unions in Cedar Hill, Texas.
| Feature | High-Yield Savings | Standard Savings | Money Market | CD (12-Month) |
|---|---|---|---|---|
| Current TX Avg APY | 2.321% | 0.484% | View MMA Rates | View CD Rates |
| Rate Type | Variable | Variable | Variable | Fixed for term |
| FDIC / NCUA Insured | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K | ✓ Up to $250K |
| Withdraw Anytime | ✓ Yes | ✓ Yes | ✓ Yes | ✗ Penalty applies |
| Check Writing | ✗ No | ✗ No | ✓ Often yes | ✗ No |
| Debit / ATM Card | Some institutions | ✗ Rarely | ✓ Often yes | ✗ No |
| Typical Min Deposit | $0 to $100 | $25 to $100 | $0 to $2,500 | $500 to $1,000 |
| Rate Risk | Variable, moves with Fed policy | Variable, moves with Fed policy | Variable, moves with Fed policy | None, locked for term |
| Best For | Emergency fund, short-term goals, parking cash | Everyday saving, low-balance accounts | Active savers wanting flexibility + check writing | Locking in a rate for a defined period |
APY data reflects Cedar Hill, Texas averages tracked in our database as of October 14, 2026. Rates are variable and may differ by institution. See individual product pages for full details.
Savings Calculators for Cedar Hill, Texas
At TX’s top rate of 5.00% from Together Credit Union, a $10,000 deposit earns $500 annually. Enter your balance to see your exact return.
Savings Goal CalculatorA 3-month emergency fund for the median Cedar Hill, Texas earner is roughly $11,500. At 2.321% APY, saving $960/month gets you there in about 12 months. Set your target and see your exact timeline.
CD vs. High-Yield SavingsTexas’s high-yield savings average is 2.321% APY, variable and always accessible. A local CD may offer a higher fixed yield in exchange for locking in your deposit. Compare both side-by-side to find the better fit for your timeline.
Budget CalculatorBefore you can grow your savings, you need to know how much you can set aside each month. The median Cedar Hill, Texas earner makes $46,177/year. Track your income vs. expenses to find your monthly surplus, then put it to work at 2.321% APY.
Retirement PlannerA $25,000 high-yield savings balance earning 2.321% APY grows to roughly $39,558 over 20 years with compounding. See how your current savings trajectory lines up with your retirement income needs.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Cedar Hill, Texas savings rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Savings Rate Data: We aggregate savings account rates for Cedar Hill, Texas directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every savings rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Cedar Hill, Texas. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to large national institutions available to savers in TX.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update savings rates daily. Because savings account yields can fluctuate rapidly, every product listed features its own specific “last updated” date, giving you complete transparency.
Frequently Asked Questions about Savings Accounts in Cedar Hill, Texas
What is a High-Yield Savings Account (HYSA)?
Are savings accounts in Cedar Hill, Texas safe?
How often do savings rates change in Cedar Hill, Texas?
Do I need a minimum deposit to open a savings account?
What is the difference between a Savings Account and a Money Market Account?
Are online banks better than local banks in Cedar Hill, Texas?
How do I open a savings account in Cedar Hill, Texas?
Best Savings Rates in Cedar Hill, Texas
- Together Credit Union
Accelerate It Savings: 5.00% APY - Frost Bank
Business Savings: 4.00% APY - Woodforest National Bank
PERSONAL SAVINGS: 0.35% APY - Resource One Credit Union
IRA & SEP Savings: 0.35% APY - Wells Fargo
Platinum Savings: 0.05% APY
Cedar Hill, Texas Rates & Resources
