Lake Michigan Credit Union CD
in CD Accounts from Lake Michigan Credit Union
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| Minimum Deposit | $500 |
| APY | 0.05% - 2.85% |
Lake Michigan Credit Union CD Review
Lake Michigan Credit Union is a credit union based in Grand Rapids, MI. It was founded in 1933 and offers banking services in 2 states across the USA.
Is Lake Michigan Credit Union CD insured by the FDIC?
Lake Michigan Credit Union CD is not a member of the Federal Deposit Insurance Corporation (FDIC). This means your deposits are not covered by the FDIC if Lake Michigan Credit Union CD were to fall into financial difficulties.What types of CDs does Lake Michigan Credit Union offer?
- IRA
- Traditional
What APY does Lake Michigan Credit Union offer on its CDs?
Lake Michigan Credit Union CD offers an APY starting at 0.05% and ranging up to 2.85% (APY stands for annual percentage yield, rates may change).
What types of terms does Lake Michigan Credit Union CD offer?
Lake Michigan Credit Union offers CD terms of the following lengths:| Description | |
|---|---|
| APY | 0.05% - 2.85% |
| APY Type | Array |
| 3-Month APY | 0.05% - 0.3% |
| 6-Month APY | 0.05% - 0.3% |
| 11-Month APY | 0.05% - 0.3% |
| 12-Month APY | 2.2% - 2.45% |
| 2-Year APY | 0.5% - 0.75% |
| 3-Year APY | 1.05% - 1.3% |
| 4-Year APY | 1.3% - 1.55% |
| 5-Year APY | 2.6% - 2.85% |
| 7-Year APY | N/A |
What are the account minimums for Lake Michigan Credit Union CD?
Lake Michigan Credit Union CD requires a minimum initial deposit of $500 to open an account.What fees does Lake Michigan Credit Union CD charge?
Financial institutions don't typically charge many fees on certificate of deposit accounts. However, some do charge a fee if you chooose to withdrawal your money before the CD term ends. Lake Michigan Credit Union does not charge an early withdrawal fee.| Description |
|---|
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Contact
- Headquarters
-
PO Box 2848
Grand Rapids, MI 49501 USA - Visit Site
Other Services by Lake Michigan Credit Union
Availability
Available in 2 states
- Florida
- Michigan
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