9 MONTH TERM | $1,000 MINIMUM TO OPEN
A certificate of deposit (CD) provides members with the opportunity to lock-in a fixed rate of return for a specified length of time. With CDs, you are guaranteed a competitive interest rate for the full term of the CD.
MCU CDs offer low minimum opening balances starting at $1000 with terms ranging from 6 months to 60 months. Early withdrawal penalties apply.
The first step to opening your CD is becoming a MCU member. Simply apply for membership or visit one of our locations to open an account. If you’re already a member, give us a call at 713.778.6300 to open your CD or come into any of our branches.
What's the Difference Between a Share Certificate and a CD?
They’re pretty similar. You can get share certificates at credit unions (not-for-profit) and CDs at banks (for profit). They’re both low-risk accounts that securely grow your money for a fixed period of time—regardless of what’s happening in the market. And, best of all, they generally earn more than other savings options.
Explore our certificate rates below and enjoy one of the safest paths to financial security.
*APY is Annual Percentage Yield and assumes all dividends remain in the account. The minimum opening deposit is $1,000. Penalty for early withdrawal. The certificate will automatically renew at the end of the term at the then-published rate for 6-month certificates. Dividends compounded daily, credited monthly. Promotional rate subject to availability and may be canceled at any time without notice. Contact a Representative at Memorial Credit Union for further details. Membership eligibility requirements apply.