CDs & IRAs

Saving money is hard work, and it is our job to make it easier on you. We have many deposit options available for you. Take a look below to learn more about how to invest money with a CD (Certificate of Deposit) or an IRA (Individual Retirement Account).

CDs (Certificates of Deposit)

A CD (Certificate of Deposit) is a simple and secure way to save money in the form of a time deposit. It has a low minimum deposit of $1,000 and has short and long term options with competitive rates. The money must stay in the account for a certain length of time to earn the promised return. A CD generally earns more interest than a regular savings account. Please see below for current rates.

How to Open A CD
Stop by any branch or give us a call at 855.835.6328! We will verify your information and create the CD within your account to deposit money into and start earning interest!

Certificates of Deposit and IRA Certificates of Deposit
Effective Date: Tuesday, September 22nd, 2020
Please contact us or stop into a branch to verify the current rate.
TermsInterest RateAnnual Percentage YieldMinimum Opening Deposit
6 Months 0.25% 0.25% $1,000.00
44 Week Special 0.30% 0.30% $1,000.00
12 Months 0.36% 0.36% $1,000.00
15 Month Special 0.41% 0.41% $1,000.00
24 Months 0.46% 0.46% $1,000.00
27 Months Special 0.56% 0.56% $1,000.00
36 Months 0.61% 0.61% $1,000.00
48 Months 0.76% 0.76% $1,000.00
60 Months 1.02% 1.02% $1,000.00
For members under the age of 18 the required minimum balance on all CDs is only $100.00.
.10% APY bonus earned if you also have a MFCU Premier Checking Account.

A penalty may be assessed for early withdrawals.
Fees and withdrawals of funds from this account prior to maturity will reduce earning.

IRAs (Individual Retirement Accounts)

We have many different retirement options available and are here to help you find the best route for your finances and lifestyle. You can open an IRA Savings with as little as $10 or an IRA Certificate for as little as $1,000. Plus, there are no annual maintenance or closing fees.

  • Roth IRA
  • Traditional IRA
  • Educational and Coverdell IRA
  • IRA Savings
  • IRA High Yield Savings
  • IRA Super High Yield Savings
  • IRA CD (Certificate of Deposit)

How to Open an IRA
Stop by any branch or give us a call at 855.835.6328! We will verify your information and assist you in making an appointment to create your retirement account!

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