Is a CD Right for You?
CDs are considered a low-risk investment as they provide predictable returns. If you seek stability in savings, are working towards a savings goal, and can commit funds for the duration of the term, a CD is an excellent investment option. Pick a term, lock in a rate, and guarantee yourself a solid return.
Key Features
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Guaranteed Returns
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Earn Competitive Dividends
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No Setup or Maintenance Fees
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Find the perfect account for you!
Utilize the Interactive CD Tool to help guide your decision in selecting a CD.
Interactive CD ToolHow long can you commit your money?
How long are you looking to save?
What is your current stage in retirement planning?
How soon do you need access to these funds?
Do you need flexibility in accessing your funds?
Recommendations:
Short-term Traditional CDs. (6 or 12-Month)
The information provided on this page is for educational purposes only and should not be considered as financial advice. Individual circumstances may vary, and you are encouraged to consult with a financial advisor to determine the best options for your savings goals. While recommendations for CD terms are based on general financial principles, results may vary depending on market conditions, interest rates, and individual financial goals. Past performance does not guarantee future results
Consider Short-term Traditional CDs or Bump-Up CDs*.
*MCCU does not offer Bump-Up CDs.
The information provided on this page is for educational purposes only and should not be considered as financial advice. Individual circumstances may vary, and you are encouraged to consult with a financial advisor to determine the best options for your savings goals. While recommendations for CD terms are based on general financial principles, results may vary depending on market conditions, interest rates, and individual financial goals. Past performance does not guarantee future results
Traditional CDs with a slightly longer term for better rates. (12 & 24-Month)
The information provided on this page is for educational purposes only and should not be considered as financial advice. Individual circumstances may vary, and you are encouraged to consult with a financial advisor to determine the best options for your savings goals. While recommendations for CD terms are based on general financial principles, results may vary depending on market conditions, interest rates, and individual financial goals. Past performance does not guarantee future results
Traditional CDs (24, 36, 48, and 60-Month)
The information provided on this page is for educational purposes only and should not be considered as financial advice. Individual circumstances may vary, and you are encouraged to consult with a financial advisor to determine the best options for your savings goals. While recommendations for CD terms are based on general financial principles, results may vary depending on market conditions, interest rates, and individual financial goals. Past performance does not guarantee future results
Traditional CDs or Bump-Up CDs* (60-Month)
*MCCU does not offer Bump-Up CDs.
The information provided on this page is for educational purposes only and should not be considered as financial advice. Individual circumstances may vary, and you are encouraged to consult with a financial advisor to determine the best options for your savings goals. While recommendations for CD terms are based on general financial principles, results may vary depending on market conditions, interest rates, and individual financial goals. Past performance does not guarantee future results
Traditional CDs with varying terms for flexibility. (6, 12, 24, 36, 48, and 60-Month)
The information provided on this page is for educational purposes only and should not be considered as financial advice. Individual circumstances may vary, and you are encouraged to consult with a financial advisor to determine the best options for your savings goals. While recommendations for CD terms are based on general financial principles, results may vary depending on market conditions, interest rates, and individual financial goals. Past performance does not guarantee future results
Ladder your CDs to balance the ease of accessing your money (liquidity) and higher rates.
When you ladder a CD, you open any number of CDs with different maturity dates.
The information provided on this page is for educational purposes only and should not be considered as financial advice. Individual circumstances may vary, and you are encouraged to consult with a financial advisor to determine the best options for your savings goals. While recommendations for CD terms are based on general financial principles, results may vary depending on market conditions, interest rates, and individual financial goals. Past performance does not guarantee future results
Long-term CDs for stable, predictable income. (48 & 60-Month)
The information provided on this page is for educational purposes only and should not be considered as financial advice. Individual circumstances may vary, and you are encouraged to consult with a financial advisor to determine the best options for your savings goals. While recommendations for CD terms are based on general financial principles, results may vary depending on market conditions, interest rates, and individual financial goals. Past performance does not guarantee future results
Money Market Accounts for easy access.
*MCCU offers SuperSaver and WiseSaver Money Market Accounts.
The information provided on this page is for educational purposes only and should not be considered as financial advice. Individual circumstances may vary, and you are encouraged to consult with a financial advisor to determine the best options for your savings goals. While recommendations for CD terms are based on general financial principles, results may vary depending on market conditions, interest rates, and individual financial goals. Past performance does not guarantee future results
Traditional CDs with mid-term lengths (24, 36, 48, and 60-Month)
The information provided on this page is for educational purposes only and should not be considered as financial advice. Individual circumstances may vary, and you are encouraged to consult with a financial advisor to determine the best options for your savings goals. While recommendations for CD terms are based on general financial principles, results may vary depending on market conditions, interest rates, and individual financial goals. Past performance does not guarantee future results
Long-term Traditional CDs or Laddering CDs (6, 12, 24, 36, 48, and 60-Month)
The information provided on this page is for educational purposes only and should not be considered as financial advice. Individual circumstances may vary, and you are encouraged to consult with a financial advisor to determine the best options for your savings goals. While recommendations for CD terms are based on general financial principles, results may vary depending on market conditions, interest rates, and individual financial goals. Past performance does not guarantee future results
Money Market Accounts or No-Penalty CDs
*MCCU offers SuperSaver and WiseSaver Money Market Accounts. MCCU does not offer No-Penalty CDs.
Short-term Traditional CDs
The information provided on this page is for educational purposes only and should not be considered as financial advice. Individual circumstances may vary, and you are encouraged to consult with a financial advisor to determine the best options for your savings goals. While recommendations for CD terms are based on general financial principles, results may vary depending on market conditions, interest rates, and individual financial goals. Past performance does not guarantee future results
Select the year you were born for additional guidance:
2013 - present
Prepare for a Bright Tomorrow
It's never too early to start saving for the future. A CD is the perfect savings product to grow funds safely and steadily. Consider starting out with a 6 or 12-Month CD. You can even roll it over into a new CD and watch your savings multiply.
Check your MCCU Rewards Status for rate information.
2000 - 2012
Start Small. Dream Big.
It's never too early to start building a solid financial foundation. A CD provides flexibility to give you a head start on your financial journey. This is a great time to start saving and investing. Consider starting out with a 6 or 12-Month CD. You can even roll it over into a new CD and watch your savings multiply.
Check your MCCU Rewards Status for rate information.
1979 - 1999
Not the CD You Grew Up With.
Secure your future while pursuing your goals. A CD requires minimal effort and a variety of term lengths to help you effortlessly save for short-term goals or long-term dreams. Consider a long-term CD (48, and 60-Month) and even laddering for a continuous, low-risk investment. It's not the CD you grew up with, but it is the CD you can build a future with.
Check your MCCU Rewards Status for rate information.
1965 - 1978
Savings for Your Next Adventure
It's a juggling act - work, family, aging parents, children becoming independent and retirement planning. With minimal effort and a variety of term lengths, a CD is a stable and reliable investment with guaranteed returns so you can focus on what is right in front of you, while saving for your next life adventure.
Check your MCCU Rewards Status for rate information.
1946 - 1964
Plan Today, Prosper Tomorrow
Enjoy what you've worked so hard for while leaving a legacy for generations to come. Grow your savings with flexible terms and competitive interest rates, and enjoy the financial freedom to live your retirement on your terms.
Check your MCCU Rewards Status for rate information.
1945 and before
You've worked hard to build a secure financial foundation, and now it's time to ensure that your savings continue to grow in a stable and dependable way. A CD remains one of the most trusted investments for preserving your wealth while offering steady, predictable returns.
Check your MCCU Rewards Status for rate information.
- Competitive, fixed rates that are higher than standard savings
- $500 minimum deposit to open
- Explore our CD specials
- The longer your term, the higher your rate
- A wide range of terms available (from 6 months to 60 months)
- CDs of $50,000 or higher, with terms of 24 months or longer, qualify for a higher APR
- Monthly dividends can be compounded (paid into the CD), transferred to a savings or checking account, or paid by check
- No setup or maintenance fees
- Early withdrawals subject to penalty
- Federally insured by the NCUA
