MECU Regular CD

Unaffiliated

in CD Accounts from MECU

Not enough votes for recommendation

Highlights
Minimum Deposit	$500
APY (Annual Percentage Yield)	1.25% - 2.60%
Deposit Term	6 months 9 months 12 months 18 months 2 years 3 years 4 years 5 years

MECU Regular CD Review

MECU Regular CD is offered by MECU, a credit union founded in 1936 and based in Baltimore, MD. MECU Regular CD is available in 1 state across the USA.

Are cd accounts from MECU federally insured?

No, your MECU cd accounts are not insured by a federal insurance agency. This means that if MECU were to fall into financial difficulties, your deposits are not covered by a government backed insurance fund like the FDIC or NCUSIF.

What types of CDs does MECU offer?

IRA
Traditional

What APY does MECU offer on its CDs?

MECU Regular CD offers an APY starting at 1.25% and ranging up to 2.60% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only checking accounts, which is around 1% APY.

What types of terms does MECU Regular CD offer?

MECU offers CD terms of the following lengths:

MECU Regular CD Rates & Terms
Description
APY (Annual Percentage Yield)	1.25% - 2.60%
APY Type	Fixed APY
3-Month APY	N/A
6-Month APY	1.25%
11-Month APY	N/A
12-Month APY	2.00%
2-Year APY	2.20%
3-Year APY	2.30%
4-Year APY	2.40%
5-Year APY	2.60%
7-Year APY	N/A

What is the minimum deposit to open a CD account with MECU?

MECU Regular CD requires a minimum initial deposit of $500 to open an account.

What types of early withdrawal penalties does MECU Regular 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.

MECU does not charge an early withdrawal fee.

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