What is a Certificate of Deposit?
A certificate of deposit is a type of savings account offered by financial institutions. You generally agree to keep your money in the account without taking a withdrawal for a specified length of time. Withdrawing money early means paying a penalty. Lock in your money as these rates will not last. Plus, your funds are insured up to at least $250,000 for additional peace of mind.
Here's why MSUFCU’s certificate stands out
Exceptional 4.5% APY†
MSUFCU’s certificate offers a 4.5% Annual Percentage Yield* (APY), putting you way ahead of the national average savings rate.
$500 to open†
You can get started with just $500 as your initial deposit and there is no maximum amount.*
A range of terms
Choose from a flexible range of terms and maturity dates that fit your needs and savings goals.