Michigan Schools & Government Credit Union
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Home > Saving & Investing> Investments> Certificate of Deposit

Certificate of Deposit (CD)

High-yield. Fixed interest. Guaranteed return. Secure. A Certificate of Deposit (CD) from Michigan Schools and Government Credit Union is a great way to set things right in order to build funds for the future. Some of the features of our CD include:

  • $500 minimum balance
  • Term options of: 6 months, 1 year, or 2, 3, 4, and 5 years
  • Competitive Annual Percentage Yield
  • Unlimited use of Online Banking

Certificate of Deposit (Regular and IRA CDs)
TermAPY*Interest Rate
6 Months 0.650% 0.648%
1 Year 1.250% 1.244%
18-Month 1.850% 1.837%
2 Years 1.550% 1.541%
3 Years 1.750% 1.739%
4 Years 2.000% 1.985%
5 Years 2.400% 2.379%

*APY = Annual Percentage Yield. $500 Minimum Average Daily Balance Required.

Minimum investment listed is to open an account and to earn the advertised APY. Fees may reduce earnings on accounts. A penalty will be imposed for early withdrawal from Certificates of Deposit. All rates and APYs are accurate as of today and subject to change at any time. For current rates, please call 586-263-8800.

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