Grow-With-Me CD
You don't have to be a risk-taker to enjoy higher returns on your savings. This affordable Certificate of Deposit lets you start with a modest amount of money and then build up your balance whenever it's convenient to do so.
A series of small steps can add up to something big
- Grow-With-Me CDs have a low minimum balance of $250
- Choose from 6-month, 1-year, or 2-year term options with various rates
- Make unlimited deposits throughout the CD term, without changing the maturity date or rate
- Enjoy returns that far exceed ordinary savings accounts
With a Michigan Schools and Government Credit Union Grow-With-Me CD, you can watch your money grow in Online Banking.
| Grow-With-Me CD | ||
| Term | APY* | Interest Rate |
| 6 Months | 1.500% | 1.492% |
| 1 Year | 1.750% | 1.739% |
| 2 Years | 2.250% | 2.231% |
*APY = Annual Percentage Yield. $250 Minimum Average Daily Balance Required. Certificate of Deposits will automatically renew at maturity. You have a grace period of ten (10) calendar days after the maturity date to withdraw the funds in the account without being charged an early withdrawal penalty. | ||
Interested in learning more? Check out this 5-minute lesson.
