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  MEMBERS1st Community Credit Union Kids1st

MEMBERS1st Community Credit Union Kids1st

in CD Accounts from MEMBERS1st Community Credit Union · ncua

Unaffiliated

MEMBERS1st Community Credit Union Kids1st

Unaffiliated

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

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Highlights
Minimum Opening Deposit Starting at $100
Certificate Term
  • 12 months
  • 2 years
APY (Annual Percentage Yield) 0.7% - 0.85%

MEMBERS1st Community Credit Union Kids1st Review

MEMBERS1st Community Credit Union Kids1st is offered by MEMBERS1st Community Credit Union, a credit union founded in 1964 and based in Marshalltown, IA. MEMBERS1st Community Credit Union Kids1st is available in 1 state across the USA.

Key Takeaways
  • Only one CD account type available. MEMBERS1st Community Credit Union CD only offers traditional CD accounts.
  • Very high APY. This account offers an annual percentage yield of up to 0.85%, which is much higher than the national average for a certificate account.
  • Small minimum initial deposit. You only need $100 to open an account.
  • Limited selection of CD terms. MEMBERS1st Community Credit Union CD only offers two CD terms. This limits your options when trying to set up a certificate ladder.
Pros & Cons of MEMBERS1st Community Credit Union Kids1st
Pros Cons
  • Insured by NCUA.
  • High-dividend yield
  • No charge on incoming domestic or international wire transfers.
  • Only available in one state.
  • Poor selection of certificate terms.
  • There isn't a no-penalty certificate option.
  • Does not offer an IRA CD.
MEMBERS1st Community Credit Union Kids1st 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 CD 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 CD offers an APY starting at 0.7% and ranging up to 0.85%. 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 CD offer?

MEMBERS1st Community Credit Union offers CD terms of the following lengths:
MEMBERS1st Community Credit Union Kids1st Rates & Terms
Description
2-Year APY 0.85%
12-Month APY 0.7%
APY (Annual Percentage Yield) 0.7% - 0.85%

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

MEMBERS1st Community Credit Union CD requires a minimum deposit of $100 to open an account.

What is the grace period for MEMBERS1st Community Credit Union CD?

MEMBERS1st Community Credit Union CD 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 CD 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 Kids1st

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

Many parents open a savings account for their child at birth, and then don’t do much with it until their teenage years. We encourage you to keep your child’s account active, even if you’re only depositing small amounts, and bring your child to the credit union as often as you’re able. This will get them used to visiting the credit union, and will build their understanding of financial services.

 

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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View all cd accounts offered by MEMBERS1st Community Credit Union

Availability

  Available in 1 state
Iowa
Availabile in all of Iowa

Feature Breakdown

Minimum Opening Deposit Starting at $100
2-Year APY 0.85%
12-Month APY 0.7%
APY (Annual Percentage Yield) 0.7% - 0.85%
CD Accounts Traditional
Certificate Term
  • 12 months
  • 2 years

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