Best Credit Union 18 Month CD Rates in Wyoming, Michigan, MI

You are viewing rates from credit unions across Wyoming

Below are eighteen month Certificates of Deposit (CD) rates from credit unions in Wyoming, Michigan. Eighteen Month CDs offer a bit more yield than 1 year CDs but require a longer time-commitment. Like any CD, you should consider the trade-off between the difference in yield and the required time commitment. If an 18 month CD pays significantly above the yield of a 12-month CD, it may be worth opening.

Wyoming, MI - August 2, 2025

18 Month CD National Average : 0.58% ^?

Credit Unions	APY	MIN	MILES ^?
Dow Dow Chemical Employees' Credit Union Branch Restrictions	4.35%	$500	-	Learn More Add Review
Rate History: 4.90% → 4.35% → 4.15% → 4.00% → 4.35%
Lake Michigan Lake Michigan Credit Union Branch Restrictions	4.00%	$500	-	Learn More Add Review
Rate History: 5.00% → 3.60% → 4.00%
Michigan State University Msufcu - East Lansing Branch Restrictions	3.80% 3.65%	$100,000 $500	-	Learn More Add Review
Rate History: 4.72% → 3.80%
Dfcu Financial Dfcu Financial Branch Restrictions	3.50% 3.35% 3.25%	$100,000 $25,000 $1,000	-	Learn More
Rate History: 2.20% → 3.50%
Melvin Markwardt \| Oct 7, 2023 Have a problem that ICan not find an answer to in DFCU Financial. Trying to change info from USMail to Internet. They ask for my account number and the only thing I can find is onPurshing note. It is, H25... Read More Reviews (1)
Genisys 23 Auburn Hills Branch Restrictions	3.34% 3.29%	$100,000 $500	-	Learn More Add Review
Rate History: 3.78% → 3.55% → 3.70% → 3.34%
Farmers Insurance Group Farmers Insurance Group Federal Credit Union Branch Restrictions	2.75%	$1,000	-	Learn More Add Review
Rate History: 4.15% → 3.75% → 3.50% → 3.25% → 2.75%
Department of Commerce Restrictions	2.18%	$500	-	Learn More
Rate History: 4.76% → 4.24% → 3.98% → 3.52% → 2.18%
member \| Dec 14, 2022 Agree with Jaben to stay away from docfcu. They don't appreciate loyal members and easily turn down any requests after a delayed response. I have closed my accounts and moved my funds to better institutio... Read More Reviews (2)
United St. Joseph - Corporate Office Branch Restrictions	1.75%	$500	-	Learn More Add Review
Everwise Niles Branch Restrictions	1.62%	$500	-	Learn More Add Review
Limestone Main Office Branch Restrictions	1.05%	$100,000	-	Learn More
Mymomo05 \| Jan 23, 2019 This place is absolutely not for their members like they claim. They charge astronomical interest rates and put you on a balloon if you have less than perfect credit. Not to mention, the little fact that... Read More Reviews (1)
Country Heritage Country Heritage Credit Union Branch	1.01%	$10,000	-	Learn More Add Review
Wildfire Wildfire Credit Union Branch Restrictions	1.00%	$100,000	-	Learn More Add Review
Settlers Settlers Federal Credit Union Branch	0.96%	$500	-	Learn More Add Review
Health Advantage State St Office Branch Restrictions	0.95%	$10,000	-	Learn More Add Review
Peninsula Menominee Office Branch Restrictions	0.90%	$10,000	-	Learn More Add Review
Zeal Zeal Credit Union Branch Restrictions	0.90%	$100,000	-	Learn More Add Review
Michigan Schools And Government Main Branch Restrictions	0.90%	$10,000	-	Learn More
Roger \| Aug 6, 2019 These people are crooks. They make up ways to steal your money through fees. They will short you on your interest. Beware! Read More Reviews (2)
West Michigan Grand Rapids Branch Restrictions	0.86%	$100,000	-	Learn More Add Review
Filer Main Office Branch Restrictions	0.85%	$100,000	-	Learn More Add Review
Credit Union One Cuo-ferndale Branch Restrictions	0.85%	$100,000	-	Learn More Add Review
United Financial United Financial/dixie Hwy Branch Restrictions	0.85%	$100,000	-	Learn More Add Review
Circle Niles Branch Restrictions	0.85%	$10,000	-	Learn More Add Review
Our Normandy Office Branch Restrictions	0.85%	$10,000	-	Learn More Add Review
Credit Union Advantage Main Office Branch Restrictions	0.85%	$100,000	-	Learn More Add Review
Frankenmuth Main Office Branch Restrictions	0.83%	$100,000	-	Learn More Add Review
Consumers Professional Cpcu-lansing Branch Restrictions	0.80%	$100,000	-	Learn More Add Review
Security Main Office Branch Restrictions	0.80%	$10,000	-	Learn More Add Review
Lenco Lenco Cu Branch Restrictions	0.80%	$10,000	-	Learn More Add Review
Zeal Zeal Credit Union Branch Restrictions	0.80%	$10,000	-	Learn More Add Review
Filer Main Office Branch Restrictions	0.75%	$10,000	-	Learn More Add Review
Wildfire Wildfire Credit Union Branch Restrictions	0.75%	$10,000	-	Learn More Add Review
Team One Saginaw Main Branch Restrictions	0.75%	$10,000	-	Learn More Add Review
United Financial United Financial/dixie Hwy Branch Restrictions	0.75%	$10,000	-	Learn More Add Review
Family First Saginaw Office Branch Restrictions	0.75%	$10,000	-	Learn More Add Review
Financial Plus 3381 Van Slyke Rd Branch Restrictions	0.75%	$10,000	-	Learn More Add Review
Credit Union Advantage Main Office Branch Restrictions	0.75%	$10,000	-	Learn More Add Review
Consumers Professional Cpcu-lansing Branch Restrictions	0.70%	$10,000	-	Learn More Add Review
Great Lakes First Escanaba Office Branch Restrictions	0.70%	$10,000	-	Learn More Add Review
Delta County Main Branch Restrictions	0.70%	$10,000	-	Learn More Add Review
St. Francis X St. Francis X Federal Credit Union Branch Restrictions	0.70%	$100,000	-	Learn More Add Review
Case Main Branch Restrictions	0.70%	$10,000	-	Learn More Add Review
Intouch Pontiac Branch Restrictions	0.65%	$1,000	-	Learn More Add Review
4front Us31 Branch Restrictions	0.65%	$100,000	-	Learn More Add Review
Limestone Main Office Branch Restrictions	0.65%	$10,000	-	Learn More
Mymomo05 \| Jan 23, 2019 This place is absolutely not for their members like they claim. They charge astronomical interest rates and put you on a balloon if you have less than perfect credit. Not to mention, the little fact that... Read More Reviews (1)
Cornerstone Community Financial Auburn Hills Branch Restrictions	0.65%	$100,000	-	Learn More Add Review
Christian Financial Center Line Branch Restrictions	0.65%	$10,000	-	Learn More Add Review
Frankenmuth Main Office Branch Restrictions	0.63%	$10,000	-	Learn More Add Review
Cp Spring Arbor Branch Restrictions	0.61%	$10,000	-	Learn More Add Review
St. Francis X St. Francis X Federal Credit Union Branch Restrictions	0.60%	$10,000	-	Learn More Add Review
Alpena-alcona Area Alpena Office Branch Restrictions	0.60%	$10,000	-	Learn More Add Review
Northland Area Tawas Branch Restrictions	0.60%	$10,000	-	Learn More Add Review
Financialedge Community Euclid Office Branch Restrictions	0.60%	$100,000	-	Learn More Add Review
Community First Main Office Branch	0.60%	$10,000	-	Learn More Add Review
Harborlight Harborlight Cu Branch Restrictions	0.60%	$10,000	-	Learn More Add Review
Service 1 Service 1 Fcu Branch Restrictions	0.60%	$10,000	-	Learn More Add Review
Muskegon Co Op Peck Street Branch Restrictions	0.60%	$10,000	-	Learn More Add Review
Parda Parda Federal Credit Union Branch Restrictions	0.60%	$10,000	-	Learn More
Renee G \| Mar 3, 2021 I have had a few on line issues over the past 2 days one gets corrected to have another creep up. I have talked to Nicole lots of times over the past few years, Tiffany yesterday and Yvette today. All 3 ... Read More Reviews (1)
Aac Grand Rapids Branch Restrictions	0.60%	$10,000	-	Learn More Add Review
Lake Huron Main Office Branch Restrictions	0.60%	$10,000	-	Learn More Add Review
Astera Astera Credit Union-main Branch Restrictions	0.60%	$10,000	-	Learn More Add Review
Cornerstone Community Financial Auburn Hills Branch Restrictions	0.60%	$10,000	-	Learn More Add Review
Vibe Waterford - County Campus Branch Restrictions	0.60%	$100,000	-	Learn More Add Review
Tlc Community Main Branch Restrictions	0.55%	$10,000	-	Learn More
Deborah y \| Jun 9, 2019 Vacation funds for Read More Reviews (2)
Vibe Waterford - County Campus Branch Restrictions	0.55%	$10,000	-	Learn More Add Review
Loc Farmington Branch Restrictions	0.50%	$500	-	Learn More Add Review
4front Us31 Branch Restrictions	0.50%	$1,000	-	Learn More Add Review
Financialedge Community Euclid Office Branch Restrictions	0.50%	$10,000	-	Learn More Add Review
Lake Trust Capitol Branch Restrictions	0.50%	$10,000	-	Learn More Add Review
Michigan Educational Michigan Educational Credit Union Branch Restrictions	0.50%	$10,000	-	Learn More
gdellcdell@aol.com \| Jul 3, 2021 Question, what is the suffix I use when making a deposit? Is it 03? Read More Reviews (1)
Thornapple Main Office Branch Restrictions	0.50%	$10,000	-	Learn More Add Review
United Bay Community Lincoln Office Branch Restrictions	0.46%	$10,000	-	Learn More Add Review
Copoco Community Copoco Community Credit Union Branch Restrictions	0.45%	$10,000	-	Learn More Add Review
Michigan One Community Main Office Branch Restrictions	0.45%	$10,000	-	Learn More Add Review
Bloom Wyoming Branch Restrictions	0.45%	$100,000	-	Learn More Add Review
Gr Consumers Grccu - Campbell Branch	0.45%	$10,000	-	Learn More Add Review
Torch Lake Torch Lake Federal Credit Union Branch	0.40%	$10,000	-	Learn More Add Review
Honor Honor Credit Union Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
North Central Area Administration Building Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
Community West Kentwood Branch Restrictions	0.40%	$10,000	-	Learn More Add Review
West Michigan Grand Rapids Branch Restrictions	0.35%	$10,000	-	Learn More Add Review
Bloom Wyoming Branch Restrictions	0.35%	$10,000	-	Learn More Add Review
Blueox Battle Creek Main Branch Restrictions	0.30%	$10,000	-	Learn More Add Review
Public Service Public Service Credit Union Branch Restrictions	0.27%	$100,000	-	Learn More Add Review
Lake Superior Lake Superior Credit Union Branch	0.25%	$10,000	-	Learn More Add Review
Credit Union One Cuo-ferndale Branch Restrictions	0.25%	$10,000	-	Learn More Add Review
Public Service Public Service Credit Union Branch Restrictions	0.23%	$10,000	-	Learn More Add Review
Credit Union One Cuo-ferndale Branch Restrictions	0.15%	$10,000	-	Learn More Add Review
Meijer Meijer Credit Union Branch Restrictions	0.05%	$500	-	Learn More
Akoetje \| Jan 24, 2020 It is not available online. Simply call the main branch at 616.784.4822 and they will send one in the mail or over email. Cutoff time for domestic wire is 4pm and international is 11am. Flat $25 fee Read More Reviews (8)

All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

Branches Info around zip 10007

Branch	Street	City	State
DOW Dow Chemical Employees' Credit Union Dow Chemical Employees' Credit Union Branch	600 E Lyon Rd	Midland	MI
LAKE MICHIGAN Lake Michigan Credit Union Lake Michigan Credit Union Branch	4560 Alpine Ave NW	Comstock Park	MI
MICHIGAN STATE UNIVERSITY Msufcu - East Lansing Branch Msufcu - East Lansing Branch	523 E Grand River Ave	East Lansing	MI
MICHIGAN STATE UNIVERSITY Msufcu - East Lansing Branch Msufcu - East Lansing Branch	523 E Grand River Ave	East Lansing	MI
DFCU FINANCIAL Dfcu Financial Dfcu Financial Branch	400 Town Center Dr	Dearborn	MI
DFCU FINANCIAL Dfcu Financial Dfcu Financial Branch	400 Town Center Dr	Dearborn	MI
GENISYS 23 Auburn Hills 23 Auburn Hills Branch	2100 Executive Hills Dr	Auburn Hills	MI
GENISYS 23 Auburn Hills 23 Auburn Hills Branch	2100 Executive Hills Dr	Auburn Hills	MI
DFCU FINANCIAL Dfcu Financial Dfcu Financial Branch	400 Town Center Dr	Dearborn	MI
FARMERS INSURANCE Farmers Insurance Group Federal Credit Union Farmers Insurance Group Federal Credit Union Branch	5600 Beechtree Ln SE	Caledonia	MI
UNITED St. Joseph - Corporate Office St. Joseph - Corporate Office Branch	2807 S State St	Saint Joseph	MI
EVERWISE Niles Niles Branch	1500 S 11th St	Niles	MI
LIMESTONE Main Office Main Office Branch	131 RIVER ST	MANISTIQUE	MI
COUNTRY HERITAGE Country Heritage Credit Union Country Heritage Credit Union Branch	16580 Bakertown Rd	Buchanan	MI
WILDFIRE Wildfire Credit Union Wildfire Credit Union Branch	6640 Bay Rd	Saginaw	MI
SETTLERS Settlers Federal Credit Union Settlers Federal Credit Union Branch	14623 State Highway M28 E	Bruce Crossing	MI
HEALTH ADVANTAGE State St Office State St Office Branch	4550 STATE ST	SAGINAW	MI
PENINSULA Menominee Office Menominee Office Branch	3700 10th St	Menominee	MI
ZEAL Zeal Credit Union Zeal Credit Union Branch	17250 Newburgh Rd	Livonia	MI
MICHIGAN SCHOOLS AND GOVERNMENT Main Main Branch	40400 Garfield Rd	Clinton Township	MI
WEST MICHIGAN Grand Rapids Grand Rapids Branch	1319 Front Ave NW	Grand Rapids	MI
FILER Main Office Main Office Branch	1117 28th St	Manistee	MI
CREDIT UNION ONE Cuo-ferndale Cuo-ferndale Branch	400 E 9 Mile Rd	Ferndale	MI
UNITED FINANCIAL United Financial/dixie Hwy United Financial/dixie Hwy Branch	5658 DIXIE HWY	SAGINAW	MI
CIRCLE Niles Branch Niles Branch	507 E Main St	Niles	MI
OUR Normandy Office Normandy Office Branch	3070 Normandy Rd	Royal Oak	MI
CREDIT UNION ADVANTAGE Main Office Main Office Branch	22250 Providence Dr	Southfield	MI
FRANKENMUTH Main Office Main Office Branch	580 N Main St	Frankenmuth	MI
CONSUMERS PROFESSIONAL Cpcu-lansing Cpcu-lansing Branch	525 W Willow St	Lansing	MI
SECURITY Main Office Main Office Branch	3801 W Boulevard Dr	Flint	MI
LENCO Lenco Cu Branch Lenco Cu Branch	1455 E US Highway 223	Adrian	MI
ZEAL Zeal Credit Union Zeal Credit Union Branch	17250 Newburgh Rd	Livonia	MI
FILER Main Office Main Office Branch	1117 28th St	Manistee	MI
WILDFIRE Wildfire Credit Union Wildfire Credit Union Branch	6640 Bay Rd	Saginaw	MI
TEAM ONE Saginaw Main Saginaw Main Branch	520 HAYDEN ST	SAGINAW	MI
UNITED FINANCIAL United Financial/dixie Hwy United Financial/dixie Hwy Branch	5658 DIXIE HWY	SAGINAW	MI
FAMILY FIRST Saginaw Office Saginaw Office Branch	1011 N Michigan Ave	Saginaw	MI
FINANCIAL PLUS 3381 Van Slyke Rd 3381 Van Slyke Rd Branch	G3381 Van Slyke Rd	Flint	MI
CREDIT UNION ADVANTAGE Main Office Main Office Branch	22250 Providence Dr	Southfield	MI
CONSUMERS PROFESSIONAL Cpcu-lansing Cpcu-lansing Branch	525 W Willow St	Lansing	MI
GREAT LAKES FIRST Escanaba Office Escanaba Office Branch	2110 3rd Ave N	Escanaba	MI
DELTA COUNTY Main Main Branch	2600 1st Ave S	Escanaba	MI
ST. FRANCIS X St. Francis X Federal Credit Union St. Francis X Federal Credit Union Branch	2140 M 119	Petoskey	MI
CASE Main Main Branch	4316 S Pennsylvania Ave	Lansing	MI
INTOUCH Pontiac Pontiac Branch	585 South Blvd E # 1AH21	Pontiac	MI
4FRONT Us31 Us31 Branch	3745 N US Highway 31 S	Traverse City	MI
LIMESTONE Main Office Main Office Branch	131 RIVER ST	MANISTIQUE	MI
CORNERSTONE COMMUNITY FINANCIAL Auburn Hills Auburn Hills Branch	2955 University Dr	Auburn Hills	MI
CHRISTIAN FINANCIAL Center Line Center Line Branch	8171 E 10 Mile Rd	Center Line	MI
FRANKENMUTH Main Office Main Office Branch	580 N Main St	Frankenmuth	MI
CP Spring Arbor Spring Arbor Branch	2055 Spring Arbor Rd	Jackson	MI
ST. FRANCIS X St. Francis X Federal Credit Union St. Francis X Federal Credit Union Branch	2140 M 119	Petoskey	MI
ALPENA-ALCONA AREA Alpena Office Alpena Office Branch	1100 S Bagley St	Alpena	MI
NORTHLAND AREA Tawas Branch Tawas Branch	201 E M 55	Tawas City	MI
FINANCIALEDGE Euclid Office Euclid Office Branch	1199 S Euclid Ave	Bay City	MI
COMMUNITY FIRST Main Office Main Office Branch	9637 N Greenville Rd	Lakeview	MI
HARBORLIGHT Harborlight Cu Harborlight Cu Branch	2151 Cogswell Dr	Whitehall	MI
SERVICE 1 Service 1 Fcu Service 1 Fcu Branch	1075 E Sherman Blvd	Norton Shores	MI
ROUTE 31 Peck Street Branch Peck Street Branch	1051 Peck St	Muskegon	MI
PARDA Parda Federal Credit Union Parda Federal Credit Union Branch	2601 Cambridge Ct Ste 210	Auburn Hills	MI
AAC Grand Rapids Branch Grand Rapids Branch	904 Broadway Ave NW	Grand Rapids	MI
LAKE HURON Main Office Main Office Branch	1540 Tittabawassee Rd	Saginaw	MI
ASTERA Astera Credit Union-main Astera Credit Union-main Branch	111 S Waverly Rd	Lansing	MI
CORNERSTONE COMMUNITY FINANCIAL Auburn Hills Auburn Hills Branch	2955 University Dr	Auburn Hills	MI
VIBE Waterford - County Campus Branch Waterford - County Campus Branch	1220 County Center Dr W	Waterford	MI
TLC COMMUNITY Main Main Branch	3030 S Adrian Hwy	Adrian	MI
VIBE Waterford - County Campus Branch Waterford - County Campus Branch	1220 County Center Dr W	Waterford	MI
LOC Farmington Farmington Branch	22981 Farmington Rd	Farmington	MI
4FRONT Us31 Us31 Branch	3745 N US Highway 31 S	Traverse City	MI
FINANCIALEDGE Euclid Office Euclid Office Branch	1199 S Euclid Ave	Bay City	MI
LAKE TRUST Capitol Branch Capitol Branch	501 S Capitol Ave	Lansing	MI
MICHIGAN EDUCATIONAL Michigan Educational Credit Union Michigan Educational Credit Union Branch	9200 N Haggerty Rd	Plymouth	MI
THORNAPPLE Main Office Main Office Branch	202 E Woodlawn Ave	Hastings	MI
UNITED BAY COMMUNITY Lincoln Office Lincoln Office Branch	1309 N Lincoln St	Bay City	MI
COPOCO COMMUNITY Copoco Community Credit Union Copoco Community Credit Union Branch	4265 Wilder Rd	Bay City	MI
MICHIGAN ONE COMMUNITY Main Office Main Office Branch	510 S Dexter St	Ionia	MI
BLOOM Wyoming Wyoming Branch	1414 Burton St SW	Wyoming	MI
GR CONSUMERS Grccu - Campbell Branch Grccu - Campbell Branch	17010 Croswell St	West Olive	MI
TORCH LAKE Torch Lake Federal Credit Union Torch Lake Federal Credit Union Branch	400 Hecla St	Laurium	MI
HONOR Honor Credit Union Honor Credit Union Branch	8952 US Highway 31	Berrien Springs	MI
NORTH CENTRAL AREA Administration Building Administration Building Branch	2665 Reserve Rd	Houghton Lake	MI
COMMUNITY WEST Kentwood Kentwood Branch	4045 60th ST SE	Kentwood	MI
WEST MICHIGAN Grand Rapids Grand Rapids Branch	1319 Front Ave NW	Grand Rapids	MI
BLOOM Wyoming Wyoming Branch	1414 Burton St SW	Wyoming	MI
IGNITE Battle Creek Main Battle Creek Main Branch	115 Riverside Dr	Battle Creek	MI
PUBLIC SERVICE Public Service Credit Union Public Service Credit Union Branch	7665 Merriman Rd	Romulus	MI
LAKE SUPERIOR Lake Superior Credit Union Lake Superior Credit Union Branch	801 River St	Ontonagon	MI
CREDIT UNION ONE Cuo-ferndale Cuo-ferndale Branch	400 E 9 Mile Rd	Ferndale	MI
PUBLIC SERVICE Public Service Credit Union Public Service Credit Union Branch	7665 Merriman Rd	Romulus	MI
CREDIT UNION ONE Cuo-ferndale Cuo-ferndale Branch	400 E 9 Mile Rd	Ferndale	MI
MEIJER Meijer Credit Union Meijer Credit Union Branch	2410 Gaynor Ave NW	Grand Rapids	MI

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BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

PRODUCT INFORMATION

Credit Union Certificates of Deposit 2025

Credit union certificates of deposit (“CDs”, also commonly called “time deposits” at credit unions) are contract-based and time-based savings vehicles that are offered by credit unions. In return for agreeing to keep your money tied up with the credit union for a given time period, you earn a fixed rate or return that cannot change over the course of that period. Should you need your money before the expiration of the contractual period, the penalties for early withdrawal can be severe. Not all credit unions even offer early withdrawal from CDs; many that do offer it maintain the right to deny it in their fine print. It therefore is important to fully understand the terms of any time-based deposit that you enter with a credit union. Read this article for further detail on early withdrawal penalties.

Many Americans enjoy performing their banking transactions with credit unions, citing better rates, non-profit status (owned by its depositors), more helpful employees, and a commitment to the community that is above the level offered by local banks. You will find a map with all credit unions that are close to you here. It is important to note that some credit unions have limited fields of membership, although others are more open ended. Under any circumstance, you must meet the membership requirements in order to become a member and open a CD or time deposit.

Those who are willing to tie up their money for one year will often get a slight premium over the best available savings rates. People who work with credit unions may find that they offer better rates on CDs or time deposits than local banks and online banks. You however should check the local bank rates where you live here and the online rates here.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

NCUA Insurance

Most, but not all, credit unions listed on BestCashCow are insured by the National Credit Union Administration (NCUA). You should confirm that the credit union that you are working with is NCUA-insured by visiting that institution’s BestCashCow page (NCUA coverage is detailed on the overview tab). The NCUA insures each named individual's deposits to $250,000 for all accounts at the credit union within ownership class. The rules are very similar, but not identical, to those for FDIC insurance. You should always stay within NCUA insurance limits.

BestCashCow strongly recommends that you deposit money only in NCUA insured credit unions and that you stay within insured limits. If you are considering depositing over $250,000 at a single NCUA-insured credit union across products (share certificates, time deposits, etc.) or across types of ownership (individual, joint, etc.) you should use the NCUA’s Share Insurance Toolkit in order to be sure that you are not exceeding coverage limits.

FREQUENTLY ASKED QUESTIONS ABOUT CREDIT UNIONS

Is my money any less safe at a credit union?

As long as your credit union is NCUA insured and you stay within the NCUA limits, As long as your credit union is NCUA insured and you stay within the NCUA limits, your money is no less safe than it would be in an FDIC-insured bank.

Is there any difference between a time deposit offered by a credit union and a CD account offered by a bank?

The difference is mainly one of terminology. But, you should always completely understand the terms of a time deposit or CD before you enter it, paying careful attention to the early withdrawal penalties. A reasonable early withdrawal penalty for a 1-year CD or time deposit is 3 months, and a reasonable early withdrawal penalty for a longer term CD is 6 months.

Does the small amount of interest gained on a time deposit make sense given the fact that I am losing access to my capital (liquidity)?

This is a decision that depends on your own specific circumstances, your needs for cash, and other investments that you may wish to pursue over the period of your time deposit or CD. The premium in a one-year CD is very small, with the premium of longer-term CDs being a little wider. A small difference in compounding interest can make a large difference over long period of time. You may wish to familiarize yourself with our Savings Booster Calculator in order to understand the importance of compounding interest at higher rates on your money over time.

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Credit Union CD Rates – 18-Month – Wyoming, Michigan

Branches Info around zip 10007

PRODUCT INFORMATION

Credit Union Certificates of Deposit 2025

NCUA Insurance

FREQUENTLY ASKED QUESTIONS ABOUT CREDIT UNIONS

Is my money any less safe at a credit union?

Is there any difference between a time deposit offered by a credit union and a CD account offered by a bank?

Does the small amount of interest gained on a time deposit make sense given the fact that I am losing access to my capital (liquidity)?

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