Certificate of Deposit
If you are looking for a secure way to maximize your earnings and save more, invest in a Members Plus Certificate of Deposit. At Members Plus, you choose your term from 6 to 60 months.
The Members Plus Certificate of Deposit pays higher dividends than a savings (share) account. When you purchase a certificate you invest a fixed sum of money for a fixed period of time.
The following terms and rates are available:
Certificates of Deposit and IRAs
| Name | Term (in months) | APY* | Dividend Rate | Minimum Deposit |
|---|---|---|---|---|
| 3 month CD | 3 | 4.25% | 4.16% | $500 |
| 6 month CD | 6 | 4.13% | 4.05% | $500 |
| 7 month CD | 7 | 4.08% | 4.00% | $500 |
| 9 month CD | 9 | 3.99% | 3.91% | $500 |
| 11 month CD | 11 | 3.92% | 3.85% | $500 |
| 12 month CD | 12 | 4.20% | 4.11% | $500 |
| 12 Month CD** | 12 | 7.00% | 6.77% | $500 |
| 13 month CD | 13 | 3.88% | 3.81% | $500 |
| 15 month CD | 15 | 3.85% | 3.78% | $500 |
| 18 month CD | 18 | 3.81% | 3.74% | $500 |
| 2 year CD | 24 | 3.74% | 3.67% | $500 |
| 3 year CD | 36 | 3.71% | 3.64% | $500 |
| 4 year CD | 48 | 3.77% | 3.70% | $500 |
| 5 year CD | 60 | 3.83% | 3.76% | $500 |
*APY = Annual Percentage Yield. Rates effective July 10, 2025 and subject to change without notice. The APY is based on the assumption that dividends will remain on deposit until maturity and that a withdrawal or fee will reduce earnings. $500.00 minimum deposit required to open an MPCU certificate. Certificates are fixed-rate accounts and will remain in effect until maturity. Fees that may be applicable to deposit accounts can be found on the fee schedule. In the case of CD or IRA, penalty may apply for early withdrawal. NCUA insures up to $250,000; MSIC insures all excess shares and deposits above the federal insurance limit of $250,000.
** APY = Annual Percentage Yield. The APY is effective as of 10/07/2024. Limited-time offer. For existing members, $500.00 minimum deposit required to open a Lucky 7 Certificate of Deposit (CD) (up to maximum balance $5,000.00) which must be new money. Existing members must use promo code LUCKY7CD for accounts opened online. For new members, the minimum deposit to open is $500.00 (up to a maximum balance of $5,000.00) which must be new money. New money is considered any funds deposited at MPCU for the first time or not previously on deposit at MPCU within the last 30 calendar days. Re-occurring direct deposits or other ACH deposits do not qualify as new money. A minimum average monthly balance of at least $2,500.00 in a share and/or checking account combined is required to earn the stated APY. If your minimum average monthly balance falls below $2,500, then the APY will automatically change to the lower 12 Month CD APY. The APY is based on the assumption that dividends will remain on deposit until maturity and that a withdrawal or fee will reduce earnings. CDs and Individual Retirement Accounts (IRAs) are fixed-rate accounts and will remain in effect until maturity. Fees that may be applicable to deposit accounts can be found on the fee schedule. In the case of CD or IRA, early withdrawal penalties may be imposed. Advertised terms and APY are available for a limited time only and may be withdrawn without notice. Interest compounded daily and paid monthly. NCUA insures up to $250,000; MSIC insures all excess shares and deposits above the federal insurance limit of $250,000.
Must be a member of MPCU or establish membership with $5.00 in a Savings Account. Limited to one (1) Lucky 7% CD per member.