Start smart. Save big. 

  • Available for members age 17 and younger
  • Interest will be compounded and credited quarterly, with a 4.00% APY*
  • Low minimum balance of $100
  • 12-month term with unlimited deposits up to the max balance of $15,000
  • Automatic transfer into membership share at maturity (12 months after the initial deposit)
  • Up to two penalty-free withdrawals per term§

With a Michigan Schools and Government Credit Union Youth Flex CD, you can watch the money grow in Online Banking. Available to open in branch, call center, and via video banking.

Youth Flex CD
TermAPY*Interest Rate
1 Year 4.00% 3.94%

*APY = Annual Percentage Yield. APY and rate rounded to the hundredth percentile. $100 Minimum Balance Required. Maximum balance is $15,000. Two penalty-free withdrawals per term may be made via an MSGCU team member thru a branch, call, or video; additional withdrawals will incur a penalty. APY is accurate as of December 1, 2025. No parental account required. Certificate of Deposits will automatically transfer to Membership Share 01 at maturity. One CD per membership.

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§CD must maintain the required minimum $100 balance. Withdrawals must be made via an MSGCU team member thru a branch, call, or video; additional withdrawals will incur a penalty.

 

icon: stopwatch showing 5 minutes Interested in learning more? Check out this 5-minute lesson.