The best things really do come to those who wait

Even the shortest term CD offered by Michigan Schools and Government Credit Union pays far more than most savings accounts. But if you're planning for several years down the road, you'll reap the kind of returns often associated with riskier investments.

Certificate of Deposit (Regular and IRA CDs)
TermAPY*Interest Rate
6 Months 2.500% 2.477%
12 Months 3.000% 2.967%
2 Years 3.250% 3.211%
3 Years 3.500% 3.455%
4 Years 3.650% 3.602%
5 Years 4.000% 3.942%
9 Months 4.250% 4.184%
23 Months 4.500% 4.426%

*APY = Annual Percentage Yield. $500 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. Promotional Certificates will automatically renew at maturity to a standard term Certificate offered at the time of maturity.


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Minimum balance listed is to open an account and earn the advertised APY. All rates and APYs are accurate as of today and subject to change at any time. Fees may reduce earnings on accounts. A penalty will be imposed for early withdrawal from Certificates of Deposit.