Add guaranteed returns to your savings with Certificates of Deposit.

One way MSGCU gives back to our members is through competitive rates, and our Certificates of Deposit (CDs) are a great way to earn higher interest on savings you don’t need immediate access to. CD terms from six months to five years are available and the interest rate is guaranteed, making them a risk-free way to save.

A CD may be a great option for growing your money for these common savings goals:
 

  • A down payment on a new home
  • A dream vacation or splurge item
  • A new vehicle
  • College tuition
  • Home renovations

We are always here to help our members create a plan to reach their savings goals, and we encourage you to contact us if you’d like some guidance on selecting the right CD for you.

Certificate of Deposit (Regular and IRA CDs)
TermAPY*Interest Rate
Standard
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%
Promotional
9 Months 5.000% 4.909%
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.

New Money Promotional
11 Months 5.400% 5.294%

*APY = Annual Percentage Yield. Minimum balance to open the CD account and earn the advertised APY is $500 in new money. The 11-month promotional CD is offered as of 9/6/2023 for new money only (funds that are not currently on deposit at MSGCU). 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 opened within five days. Minimum of $10,000 of new money must be deposited to the CD using cash or check before existing MSGCU funds can be added. Offer renews to a 12-month term Certificate of Deposit. There will be a 90-day interest penalty on early withdrawal. 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 CD is not eligible for a rate bump.

Learn more and see how you can open a CD at msgcu.org/cd.

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