In a world full of economic uncertainty, our high-yield CDs are a smart, safe investment. Whether you choose to save for 6 months or 5 years, you'll rest easy knowing your money is growing risk-free and helping to secure your financial future.
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) | ||
| Term | APY* | Interest Rate |
| Standard | ||
| 6 Months | 2.50% | 2.48% |
| 12 Months | 3.00% | 2.97% |
| 2 Years | 3.00% | 2.97% |
| 3 Years | 3.25% | 3.21% |
| 4 Years | 3.25% | 3.21% |
| 5 Years | 3.50% | 3.46% |
| Promotional | ||
| 5 Months New Money^ (in-branch only) | 4.40% | 4.33% |
| 9 Months | 4.25% | 4.18% |
| 18 Months | 4.05% | 3.99% |
*APY = Annual Percentage Yield. APY and rates rounded to the hundredth percentile. $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. | ||
^APY = Annual Percentage Yield. The 5-month promotional CD is offered as of 10/27/2025 for new money only (funds that are not currently on deposit at MSGCU) and cannot be combined with any current deposit dollars including rollovers from maturing MSGCU CDs. Minimum balance to open the CD account and earn the advertised APY is $500. Funds will be considered new if: the funds came to MSGCU via cash, check, or wire transfer and the CD is opened within five days of receiving the funds or if the funds came from an IRA transfer that was deposited into the IRA share and the CD is opened within five days. Maximum CD balance of $100,000. Penalty for early withdrawal. Businesses and municipalities are not eligible. Available through 12/31/2025. Offer renews to a 6-month term Certificate of Deposit. Terms and rates are subject to change at any time without notice. Offer not available to MSGCU team members. | ||
Interested in learning more? Check out this 5-minute lesson.
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.
Members and communities are at the center of everything that we do. Anyone in Michigan can bank with us, and we’re here to help all our members reach their financial goals.
