Earn A Higher Rate Without A Higher Risk

Reap the benefits of a higher annual percentage yield than you're currently earning on a regular savings account. With as little as $2,500, you can earn a higher rate of return with a Michigan Educational Credit Union Share Certificate.

Our Share Certificates feature:

  • Terms of 3 to 60 months
  • Terms up to 12 months require a minimum of $2,500
  • Terms of 18 months and longer require a minimum of $5,000
  • Available with a compounding or non-compounding option
  • Individual Retirement Account (IRA) Certificates also available
  • Federally insured

Share Certificates
Effective Date: 05/01/2022
TermAPY*Minimum Amount
91 Days 0.35% $2,500
182 Days 0.45% $2,500
365 Days 0.75% $2,500
18 Months 0.75% $5,000
24 Months 0.85% $5,000
30 Months 0.85% $5,000
36 Months 1.05% $5,000
48 Months 1.25% $5,000
60 Months 1.35% $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

Share Certificates are subject to penalty for early withdrawals.

 

 

 

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