Find the latest Michigan State University Federal Credit Union CD Rates, Offers, and Promotions here.
Best CD Rates: 1-year Jumbo Certificate, 4.51% APY, 18-month Jumbo Certificate, 4.76% APY, 2-year Jumbo Certificate, 4.66% APY, $100K min deposit.
Availability: Nationwide, easy membership. A $10 donation to the Desk Drawer Fund qualifies for MSUFCU membership.
Credit Pull: Unknown
About Michigan State University Federal Credit Union
Michigan State University Federal Credit Union is headquartered in East Lansing, Michigan and was founded in 1979. Since then they have grown to 16 locations, offer savings rates that are 83% higher than the national average, and they have an A health rating.
| Eligibility: Membership in Michigan State University Federal Credit Union is open to anyone through a $10 donation to the MSU Alumni Association (joining MSUFCU and making the $10 donation can be done simultaneously using the MSUFCU’s online application). Anyone who lives, works, worships, goes to school, or owns a business in Oakland, Genesee, Lapeer, Livingston, or Macomb Counties in Michigan is also eligible to join. Membership is also open to faculty, staff, or students of Michigan State University. Employees/members of more than 250 Select Employee Groups, including all State of Michigan employees, are also eligible to join. See current membership details |
Michigan State University Federal Credit Union offers a vast array of products including CD options for all of your specific financial needs. From checking and savings account to loans and CDs, you are bound to find one that works for you.
| Term | APY Rate | Minimum Deposit |
| 3-Month | 3.00% | $500 |
| 3-Month Jumbo | 3.26% | $100,000 |
| 6-Month | 4.00% | $500 |
| 6-Month Jumbo | 4.26% | $100,000 |
| 13-23 Month | 4.25% | $500 |
| 13-23 Month Jumbo | 4.51% | $100,000 |
| 1-Year | 4.25% | $500 |
| 1-Year Jumbo | 4.51% | $100,000 |
| 18-Month | 4.50% | $500 |
| 18-Month Jumbo | 4.76% | $100,000 |
| 2-Year | 4.40% | $500 |
| 2-Year Jumbo | 4.66% | $100,000 |
| 3-Year | 4.10% | $500 |
| 3-Year Jumbo | 4.36% | $100,000 |
| 4-Year | 4.00% | $500 |
| 4-Year Jumbo | 4.26% | $100,000 |
| 5-Year | 4.00% | $500 |
| 5-Year Jumbo | 4.26% | $100,000 |
| 7-Year | 4.00% | $500 |
| 7-Year Jumbo | 4.26% | $100,000 |
*The above rates are accurate as of 1/18/2023*
Michigan State University FCU CD Rates
CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer of a term, the higher APY rate you make.
With as little as $500, you can invest in a Michigan State University Federal Credit Union CD account to maximize your earnings. Compare their offering now to find the solutions that fit best with your savings goals. If you’re interested in making a higher rate than a traditional savings account then make sure to check out below CD rates.
- Minimum deposit: $500 or $100,000
- Maximum deposit: None
- Early withdrawal penalty: Certificates of more than five years: Results in penalty equal to 365 days dividends based on amount withdrawn.
(NCUA Insured)
| Alliant Credit Union 12-Month Certificate (4.80% APY) | Quontic Bank 6-Month CD (5.10% APY) |
| Western Alliance Bank 3-Month CD (4.30% APY) | Western Alliance Bank 5-Month CD (4.10% APY) |
| Ponce Bank 3-Month CD (5.10% APY) | Blue Federal Credit Union 9-Month No Penalty CD (4.25% APY) |
| SkyOne Federal Credit Union 5-Month CD (4.75% APY) | Sun Canyon Bank 11-Month CD (4.29% APY) |
| Nelnet Bank 12-Month CD (5.00% APY) | Nelnet Bank 24-Month CD (3.56% APY) |
| Nelnet Bank 36-Month CD (3.30% APY) | Rising Bank 12-Month CD (4.00% APY) |
| Rising Bank 6-Month CD (4.25% APY) | |
Michigan State University FCU CD Features
- Low minimum balance requirement
- Competitive rates on all CD terms
- Free online and mobile banking
- Insured by the NCUA up to the maximum allowed by law
Bottom Line
With a unique selection of CD lengths to choose from, you can be sure to find an account that best fits all your banking needs. Take advantage of a low required minimum balance of just $500 or $100,000.
This is ideal for accounts like Certificate of Deposits, which require very little maintenance. The rates are worth a look, but always compare them with the nation’s best using our guides: CD Rates | Savings Rates.
*While Michigan State University Federal Credit Union does have competitive rates with their launch, their product line is limited. I recommend to take a look at Discover Bank Promotions here
This is a great opportunity to invest in a high-interest CD from Michigan State University Federal Credit Union. However, you may want to compare them with our best CD Rates:
- 6-Month CD Rates
- 9-Month CD Rates
- 12-Month CD Rates
- 18-Month CD Rates
- 24-Month CD Rates
- 36-Month CD Rates
- 48-Month CD Rates
- 60-Month CD Rates
You might even find yourself earning more than a regular savings account. Be sure to apply as soon as you can to start your new account experience. Check back often for the latest Michigan State University Federal Credit Union CD rates!
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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