Take Your Savings To New Heights! 

For a limited time, you can earn an impressive 4.75% APY* on a 12 Month Share Certificate with a minimum deposit of $2,500! Use this opportunity to set aside funds for a special purpose or to simply elevate your savings.

Michigan Educational Credit Union offers a variety of terms to suit your particular savings goals. Our Share Certificates feature:

  • Terms of 3 to 60 months
  • Minimum of $2,500 required for terms up to 12 months
  • Minimum of $5,000 required for terms of 18 months and longer
  • Individual Retirement Account (IRA) Certificates also available
  • Federally insured
  • Competitive rates

For more information and to take advantage of this limited-time offer, call (734) 455-9200 or toll-free (888) 261-3355 or contact Member Services at any MECU office.  

* Annual Percentage Yield effective December 1, 2023, and is subject to change at any time without notice. Minimum deposit of $2,500 required. A penalty will be imposed for early withdrawal and may invade on principal. Membership eligibility must be met. Federally insured by the NCUA.

Share Certificates
Effective Date: 03/01/2024
TermAPY*Minimum Amount
91 Days 1.80% $2,500
182 Days 2.60% $2,500
365 Days 4.75% $2,500
18 Months 3.50% $5,000
24 Months 3.15% $5,000
30 Months 3.15% $5,000
36 Months 3.35% $5,000
48 Months 3.55% $5,000
60 Months 3.95% $5,000
Rates are subject to change at any time without notice. Please call for the most current rates. A penalty will be imposed for early withdrawal.
3 months and 6 months Share Certificate - all interest accrued penalty.
1 to 2.5 years Share Certificate - 6 months of interest accrued penalty.
3-5 years Share Certificate - 9 months of interest accrued penalty.
*Annual Percentage Yield

 

Go to main navigation