Municipal Credit Union CD Rates

Municipal Credit Union (MCU) of New York, New York is offering regular Share Certificates (certificates of deposit) with terms between 3 months and 36 months. The credit union is also offering an IRA Share Certificates, a Deposit Plus Share Certificate and a Secured Visa Share Certificate.The share CD interest rates are not the highest CD rates around but they are competitive. The short term certificates have the best CD rates compared to the national averages. The longer term CD rates are lower than the national average rates.The credit union's 3 month share certificate of deposit currently has a dividend rate (CD rate) of 0.55 percent with an annual percentage yield (APY) of 0.55 percent. The current 3 month national average CD rate is .042 percent.


The Deposit Plus share certificate and the Secured Visa Share Certificate both currently have a CD rate of 1.19 percent with an APY of 1.20 percent.

Current Certificate of Deposit Rates

Account	Minimum Opening Deposit	Minimum Balance	Term(months)	Annual Percentage Yield	Dividend Rate
3-Month Share Certificate	$500	$500	3	0.55%	0.55%
6-Month Share Certificate	$500	$500	6	0.65%	0.65%
9-Month Share Certificate	$500	$500	9	0.75%	0.75%
12-Month Share Certificate	$500	$500	12	1.20%	1.19%
24-Month Share Certificate	$500	$500	24	1.65%	1.64%
30-Month Share Certificate	$500	$500	30	1.65%	1.64%
36-Month Share Certificate	$500	$500	36	1.90%	1.88%
Deposit Plus Share Certificate	$250	$250	18	1.20%	1.19%
Secured Visa Share Certificate	$300	$300	18	1.20%	1.19%
IRA 03-Month Share Certificate	$500	$500	3	0.55%	0.55%
IRA 06-Month Share Certificate	$500	$500	6	0.65%	0.65%
IRA 09-Month Share Certificate	$500	$500	9	0.75%	0.75%
IRA 12-Month Share Certificate	$500	$500	12	1.20%	1.19%
IRA 18-Month Share Certificate	$100	$100	18	1.40%	1.39%
IRA 24-Month Share Certificate	$500	$500	24	1.65%	1.64%
IRA 30-Month Share Certificate	$500	$500	30	1.65%	1.64%
IRA 36-Month Share Certificate	$500	$500	36	1.90%	1.88%

As with any credit union, you'll have to join MCU to open a share certificate of deposit. To see if you're eligible to join and current CD rates visit: MCU