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  MEMBERS1st Community Credit Union Certificates of Deposit

MEMBERS1st Community Credit Union Certificates of Deposit

in CD Accounts from MEMBERS1st Community Credit Union · ncua

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MEMBERS1st Community Credit Union Certificates of Deposit

Unaffiliated

in CD Accounts from MEMBERS1st Community Credit Union · Insured by NCUA

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Highlights
Minimum Opening Deposit Starting at $0
Certificate Term
  • 6 months
  • 12 months
  • 2 years
  • 3 years
  • 4 years
  • 5 years
  • 18 months
  • 15 months
  • 30 months
APY (Annual Percentage Yield) 0.25% - 0.9%

MEMBERS1st Community Credit Union Certificates of Deposit Review

MEMBERS1st Community Credit Union Certificates of Deposit is offered by MEMBERS1st Community Credit Union, a credit union founded in 1964 and based in Marshalltown, IA. MEMBERS1st Community Credit Union Certificates of Deposit is available in 1 state across the USA.

Key Takeaways
  • Only one CD account type available. MEMBERS1st Community Credit Union Certificates of Deposit only offers traditional CD accounts.
  • Very high APY. This account offers an annual percentage yield of up to 0.9%, which is much higher than the national average for a certificate account.
  • No minimum initial deposit. There is no minimum balance required to open an account.
  • Wide selection of certificate terms. MEMBERS1st Community Credit Union Certificates of Deposit allows you to create a certificate ladder by spreading your cash across certificates with different terms. This combines the benefits of frequent access to funds and higher rates of return on your savings.
Pros & Cons of MEMBERS1st Community Credit Union Certificates of Deposit
Pros Cons
  • Insured by NCUA.
  • Multiple certificate terms available.
  • High-dividend yield
  • No charge on incoming domestic or international wire transfers.
  • Only available in one state.
  • There isn't a no-penalty certificate option.
  • Does not offer an IRA CD.
MEMBERS1st Community Credit Union Certificates of Deposit FAQ

Are cd accounts from MEMBERS1st Community Credit Union federally insured?

Yes, your MEMBERS1st Community Credit Union cd accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What types of CDs does MEMBERS1st Community Credit Union offer?

MEMBERS1st Community Credit Union Certificates of Deposit provides the following types of CDs.
  • Traditional CDs. These CDs pay a fixed interest rate i you deposit a fixed amount of money for a specific term. Once the maturity date arrives, you have the option of cashing out or rolling over the CD for another term.

What CD rates does MEMBERS1st Community Credit Union offer on its CDs?

MEMBERS1st Community Credit Union Certificates of Deposit offers an APY starting at 0.25% and ranging up to 0.9%. APY stands for annual percentage yield and shows the interest rate paid by the CD after taking into account compounding.

What terms does MEMBERS1st Community Credit Union Certificates of Deposit offer?

MEMBERS1st Community Credit Union offers CD terms of the following lengths:
MEMBERS1st Community Credit Union Certificates of Deposit Rates & Terms
Description
2-Year APY 0.55% - 0.6%
3-Year APY 0.75% - 0.8%
4-Year APY 0.85% - 0.9%
5-Year APY 0.85% - 0.9%
6-Month APY 0.25% - 0.3%
12-Month APY 0.4% - 0.45%
APY (Annual Percentage Yield) 0.25% - 0.9%

What is the minimum deposit to open a CD account with MEMBERS1st Community Credit Union?

MEMBERS1st Community Credit Union Certificates of Deposit does not require a minimum deposit.

What is the grace period for MEMBERS1st Community Credit Union Certificates of Deposit?

MEMBERS1st Community Credit Union Certificates of Deposit does not specify what their grace period is. A grace period is a period of time during which you can withdraw the money in your CD without paying an early withdrawal penalty. A grace period starts the day after a CD’s maturity date, or the final day a CD is opened. Standard CDs renew automatically at the same term if you don't withdraw your money after the grace period. Note that the new CD rates probably won’t be the same as the original.

What types of fees, such as early withdrawal penalties, does MEMBERS1st Community Credit Union Certificates of Deposit charge?

Financial institutions don't typically charge many fees on CDs. However, most charge a fee if you choose to withdraw your money before the CD term ends.

MEMBERS1st Community Credit Union does not charge an early withdrawal fee.

MEMBERS1st Community Credit Union does not seem to charge any of the fees we track.

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Message From MEMBERS1st Community Credit Union Certificates of Deposit

MEMBERS1st Community Credit Union is the premier financial institution in Central Iowa, offering members a unique ME1st Banking experience. 

Enhance your savings portfolio and reach your financial goals. Select a term and have your funds available when you need them. CDs are designed to increase your savings regardless of what the market does, thanks to its superpower: guaranteed interest.

Contact

Hours of Operation

  • Sunday Closed
  • Monday 9:00am - 5:00pm
  • Tuesday 9:00am - 5:00pm
  • Wednesday 9:30am - 5:00pm
  • Thursday 9:00am - 5:00pm
  • Friday 9:00am - 5:00pm
  • Saturday Closed

Other Services by MEMBERS1st Community Credit Union

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Availability

  Available in 1 state
Iowa
Availabile in all of Iowa

Feature Breakdown

2-Year APY 0.55% - 0.6%
3-Year APY 0.75% - 0.8%
4-Year APY 0.85% - 0.9%
5-Year APY 0.85% - 0.9%
6-Month APY 0.25% - 0.3%
12-Month APY 0.4% - 0.45%
APY (Annual Percentage Yield) 0.25% - 0.9%
CD Accounts Traditional
Certificate Term
  • 6 months
  • 12 months
  • 2 years
  • 3 years
  • 4 years
  • 5 years
  • 18 months
  • 15 months
  • 30 months

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