All MCU branch locations and all departments will close at 12 on December 24 and be closed on December 25 to observe Christmas.

Certificate of Deposit

Certificate of Deposits

Certificate of Deposits (CDs), or Share Certificates, are risk-free and federally insured by the National Credit Union Administration for up to $250,000. A CD has a fixed term, from six months to five years, and a fixed interest rate. The CD holder agrees to keep a certain amount of money on deposit until the CD matures (the term length ends). In exchange for maintaining the money on deposit for the entire term, the CD earns a higher dividend rate than a Regular Savings Account. Money withdrawn before the CD matures is charged a penalty for early withdrawal.

The minimum balance requirement for most Members CU CDs is $2,000 and $500 for six month CU CDs. Dividends are paid monthly. You may choose to have dividends paid to you by check, by deposit to another savings account, or by having it reinvested in the certificate.

At the end of the certificate’s term, you may redeem your certificate without penalty. Otherwise, it will be rolled over for another term equal to the original certificate. If you redeem your certificate before maturity, a substantial dividend penalty will be imposed.

Need Assistance?

Call 1 (800) 951-8000

Auto Loan
APR As Low As
3.00%

24-Month CD
Current APY
1.81%

36-Month CD
Current APY
2.12%

Super 60
Current APY Up To
0.95%