CDs, IRAs & Money Markets

Start your savings out right with risk-free CDs, IRAs, and Money Markets. Each account is flexible to the term you choose. These accounts yield a higher rate of return than a regular savings account and best of all they are a safe way to save because they are insured by the NCUA for up to $250,000.

  • CDs
  • IRAs
  • Money Markets


A CD is one of the most widely held and accepted investments today. It is a flexible, safe investment that pays a high market interest rate. Opening a CD is absolutely free and all the interest your CD earns is compounded quarterly! See the interest rates in the tables below.

Joint Owners: A joint owner may be added to a Certificate if you desire. The joint owner is listed as the secondary owner of the Certificate and is subject to the same terms and agreements as the primary owner.

Early Withdrawal: If you withdraw part or all of your Certificate prior to maturity, you will pay an interest penalty. This penalty is clearly spelled out in Members Choice Financial Credit Union’s Certificate Disclosure form. A penalty will not be imposed for withdrawals following the death or judicially declared incompetence of the account holder.

Dividends: Dividend rates on Certificates depend on current economic conditions and the length of time you agree to leave your money on deposit at Members Choice. Once you purchase a Certificate, the interest rate and corresponding annual percentage yield is fixed for the life of that Certificate. With our Certificates, you may elect to have your quarterly interest credited to the Certificate balance, posted to a Share Account or have a check mailed to your home. Certificate interest is computed daily, compounded quarterly and quoted in terms of annual percentage yield.


  • Minimum investment of $500
  • 3 to 60 month terms available
  • Dividend rate fixed for the term of the certificate
  • The APY (Annual Percentage Yield) is based on the dividends remaining on the deposit until maturity is reached
  • Dividends are compounded and posted quarterly
  • 90 Day dividend penalty for early withdrawal at the rate being paid
  • Funds insured up to $250,000 by the NCUA


Members Choice is now paying out higher dividends. See which CD group qualifies you!

  • Members Advantage:
    • Ages 60 and above
  • Jumbo
    • Minimum $50,000 CD opened
  • Premium
    • $50,000+ existing on deposit with Members Choice
  • Loyal
    • Debit card holder
    • Checking account
    • Direct deposit

For current rates on these qualifying groups above, contact any Members Choice branch and ask about our available rate sheets.

Regular Share CertificatesA.P.Y*Rate
6 Months0.30%0.300%
12 Months0.60%0.599%
18 months0.70%0.698%
24 Months0.75%0.748%
36 Months1.35%1.343%
48 Months1.60%1.590%
60 Months2.10%2.083%
48 Months STEP-UP-CD1.50%1.491%
Jumbo Share CertificatesA.P.Y.*Rate
$50,000 and Over
6 Months0.40%0.399%
12 Months0.70%0.698%
18 Months0.80%0.797%
24 Months0.85%0.847%
36 Months1.45%1.442%
48 Months1.70%1.689%
60 Months2.20%2.181%
48 Months STEP-UP-CD1.60%1.590%


An IRA account offers flexibility to allow you to start saving for your retirement. You can make a one lump sum contribution or make many throughout the year. Members Choice offers three types of IRAs to fit your savings needs. A deposit can be as little as $1.00 to a variable IRA account and just $500.00 for a certificate IRA with a set term.

Brochure Links:

IRA CertificatesA.P.Y*RateMembers Advantage (A.P.Y*)Members Advantage (Rate)
Traditional, Roth, and Coverdell
6 Months0.60%0.599%0.60%0.599%
12 Months0.85%0.847%0.95%0.946%
18 Months1.00%0.996%1.10%1.095%
24 Months1.05%1.046%1.15%1.145%
36 Months1.65%1.639%1.75%1.738%
48 Months1.70%1.689%1.80%1.787%
60 Months2.20%2.181%2.30%2.279%
Jumbo IRA CertificatesA.P.Y*Rate
$50,000 and Over
Traditional, Roth, and Coverdell
6 Months0.70%0.698%
12 Months0.95%0.946%
18 Months1.10%1.095%
24 Months1.15%1.145%
36 Months1.75%1.738%
48 Months1.80%1.787%
60 Months2.30%2.279%

Money Markets

A Money Market is a great way to save! The dividends will be calculated from the date of deposit to date of withdrawal. Dividends are posted monthly on the first day of the following month.

  • $1,000.00 Minimum Balance required
  • Three withdrawals or transfers are permitted per month
The dividend rate is determined weekly based on our index Federal Funds Average Rate (MAC rate). This Dividend Rate equals the index value minus a margin of not less than 1.00% or not more than 2.50%.  
Money Market AccountsA.P.Y*Rate
Dividends Posted Monthly
$100,000 or more0.45%0.449%
*APY = Annual Percentage Yield. IRA = Individual Retirement Account. Dividends are computed daily and compounded quarterly. The APY may fluctuate slightly depending on the number of days in each quarter. The APY is based on the assumption that dividends will remain in the account until maturity. Rates are subject to change at any time. Dividends are calculated by the Average Daily Balance method. A penalty may be imposed if you withdraw from your account before the maturity day. The penalty schedule is as follows: Terms of 1 year or less 90 days dividends; Terms of greater than 1 year 180 days dividends. **Rates are subject to change weekly. Dividends are posted monthly. No term, easy access. ***Rates on share accounts are not guaranteed, but are based on the earnings of the credit union and declared quarterly. Dividends are calculated on a “day of deposit/day of withdrawal basis. Members Choice Financial Credit Union membership is required.