Risk-free Investment Strategies from Missouri Credit Union

Enjoy a risk-free investment with a Missouri Credit Union Certificate of Deposit (CD). Investing is an essential part of your overall financial health and growing your wealth.

What is a Certificate of Deposit?

A Certificate of Deposit, often referred to as a CD, is a type of savings account. A CD has a fixed interest rate that is usually higher than a standard savings account but also has a fixed maturity date. Most CDs have minimum deposit requirements, and terms of 1 year to 5 years.

Regular or IRA CD

The interest rate and Annual Percentage Yield (APY) are fixed when the deposit is made and will remain until the maturity date.
  • Minimum balance is just $500
  • Terms range from 12 months to 60 months
  • Interest is compounded and paid quarterly

When you purchase a CD from a personal financial officer at any MCU location, over the phone or within MCU Anywhere, you choose the maturity (term) that meets your needs. MCU pays you a high yielding, competitive rate on your money for the term of the CD. Because you've agreed to keep your money at your credit union for the length of your chosen term, your money should remain in the CD until it matures to earn the high yielding APY.

CD Rates

Maturity Term (Minimum Amount) Rate APY
60 Month CD ($500 min) 1.09% 1.10%
48 Month CD ($500 min) 0.89% 0.90%
36 Month CD ($500 min) 0.55% 0.55%
12 Month CD ($500 min) 0.35% 0.35%

Payroll Deposit CD (PD CD)

MCU makes it easy to save and earn competitive rates. With a PD CD, you can open and add money to the CD with just your payroll deposit.
  • Choose a high yielding term from 12 months to 60 months
  • You can start and add to your PD CD with a minimum payroll deposit (see below)
  • Increase the payroll deposit amount to your PD CD anytime to save even more
Minimum payroll deposits:
  • Monthly payroll deposit to a PD CD is $20 minimum.
  • Bi-weekly payroll deposit to a PD CD is $10 minimum.
  • Weekly payroll deposit to a PD CD is $10 minimum.

PD CD Rates

Maturity Term (Minimum Amount) Rate APY
60 Month ($20 min per month) 1.09% 1.10%
48 Month ($20 min per month) 0.89% 0.90%
36 Month ($20 min per month) 0.55% 0.55%
12 Month ($20 min per month) 0.35% 0.35%
Interested in opening a Certificate of Deposit account?
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