Melrose Credit Union CD Account Review: 1.41% to 2.42% APY CD Rates

Take advantage of Melrose Credit Union’s Share Certificates and invest funds at secure, competitive rates and terms. Invest a minimum of $5000 in a Share Certificate from competitive rates of 1.41% APY on a 1-Year CD to 2.42% APY on a 5-Year CD compounded quarterly.

Melrose Credit Union members enjoy some of the highest savings yields in the region with a variety of savings account options. Whether you are planning for retirement, saving for your child’s college education, or just saving for a rainy day, Melrose Credit Union offers a savings program to fit your needs. Their mission is to help you achieve your financial goals.

Melrose Credit Union CD Information:

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• Account Type: CD Account
• APY Rates: 1.41% – 2.42%
• Availability: Nationwide
• CD Lengths: 1 – 5 years
• Credit Inquiry: Hard Pull or Soft Pull? Let us know.
• Opening Deposit: $5000
• Additional Requirements: None
• Early Withdrawal Penalties: A penalty will be imposed if you make a withdrawal of principal prior to the maturity date.
• Renewal Policy: Yes,you will have 10 days after maturity to withdraw or cancel the automatic renewal.

Melrose Credit Union CD Terms:

• 1.41% APY for a 1-Year CD
• 1.56% APY for a 2-Year CD
• 1.81% APY for a 3-Year CD
• 2.07% APY for a 4-Year CD
• 2.42% APY for a 5-Year CD

Why You Should Apply for This Account:

Extremely Easy to Open an Account: To open an account you must be a U.S. citizen or resident alien that is 18 years or older, you must have a U.S. address, a Social Security number, and a driver’s license or state-issued ID, and you must have a check or bank account number to electronically transfer money into your new account.

Low Minimum Deposit: As long as you open your CD with at least $5,000, you will earn interest at the highest rate in the country.

Competitive Rate: At 2.42% APY, the CD account earns more than the national average. Interest is also compounded daily and credited monthly.

NCUA Insured: You can feel confident knowing that your funds are insured up to the maximum amount of $250,000.

Bottom Line:

Check out Melrose Credit Union online Share Certificate accounts and an earn interest rate up to 2.42% APY. Melrose Credit Union provides a wide variety of services and financial options to member. Join today and enjoy some of the highest saving yields and highest rates in the region. For investors looking to earn higher returns on longer CDs, you can find more of the Best CD Rates in the country from the HMB list!

Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.

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