Certificates of Deposit
Share Certificate of Deposit
A Share Certificate of Deposit (CD) is an easy and secure way to put money aside. How long you have your certificate determines how much interest you’ll earn. You should look into the specific terms and rates that apply to each certificate before deciding to open a CD and be aware that early withdrawals carry a penalty.
- Open with as little as $1,000
- Earn dividends monthly
- Competitive rates
- No annual fees
- Flexible terms from 3 - 60 months
- Federally insured by NCUA
CDs
Effective Date: Friday March 31, 2023
| CD Options** | APY* | Minimum Opening Balance |
|---|---|---|
| Name Your Term CD Special*** | 4.25% | $1,000 |
| 3 Month CD | 1.25% | $1,000 |
| 6 Month CD | 1.25% | $1,000 |
| 12 Month CD | 1.75% | $1,000 |
| 18 Month CD | 1.75% | $1,000 |
| 24 Month CD | 1.75% | $1,000 |
| 36 Month CD | 2.00% | $1,000 |
| 48 Month CD | 2.25% | $1,000 |
| 60 Month CD | 2.50% | $1,000 |
| 3 Month CD | 1.25% | $10,000 |
| 6 Month CD | 1.25% | $10,000 |
| 12 Month CD | 1.75% | $10,000 |
| 18 Month CD | 1.75% | $10,000 |
| 24 Month CD | 1.75% | $10,000 |
| 36 Month CD | 2.00% | $10,000 |
| 48 Month CD | 2.25% | $10,000 |
| 60 Month CD | 2.50% | $10,000 |
| 3 Month Bonus CD | 1.25% | $25,000 |
| 6 Month Bonus CD | 1.25% | $25,000 |
| 12 Month Bonus CD | 1.75% | $25,000 |
| 18 Month Bonus CD | 1.75% | $25,000 |
| 24 Month Bonus CD | 1.75% | $25,000 |
| 36 Month Bonus CD | 2.0% | $25,000 |
| 48 Month Bonus CD | 2.25% | $25,000 |
| 60 Month Bonus CD | 2.50% | $25,000 |
| *APY = Annual Percentage Yield | ||
| **Certificates may be subject to penalty for early withdrawal. | ||
| ***APY = Annual Percentage Yield. 4.17% Annual Percentage Rate. Promotion may be modified or discontinued at any time. $1,000 minimum deposit required. CD will automatically renew at maturity for into the closest term CD available on the date of maturity. Penalty fees will be assessed if withdrawn early, fees may reduce earnings. MCCU is federally insured by the NCUA. Promotional APY not applicable for IRA CDs. | ||
IRA CDs
Effective Date: Friday March 31, 2023
| IRA CD Options** | APY* | Minimum Opening Balance |
|---|---|---|
| 6 Month IRA CD | 1.25% | $500 |
| 12 Month IRA CD | 1.75% | $500 |
| 24 Month IRA CD | 1.75% | $500 |
| 36 Month IRA CD | 2.00% | $500 |
| 48 Month IRA CD | 2.25% | $500 |
| 60 Month IRA CD | 2.50% | $500 |
| *APY = Annual Percentage Yield | ||
| **Certificates may be subject to penalty for early withdrawal. | ||
Youth CDs
Effective Date: Friday March 31, 2023
| Name | APY* | Minimum Opening Balance |
|---|---|---|
| 12 Month Youth CD** | 1.75% | $250 |
| 24 Month Youth CD** | 1.75% | $250 |
| 36 Month Youth CD** | 2.00% | $250 |
| *APY = Annual Percentage Yield | ||
| ** Youth CD are available for members 17 years and under. These CDs cannot have a term that matures after the 18th birthday of the youth. Certificate must be opened under youth's name and SSN. The CD must have the same joint member as the savings account it is tied to. | ||