A MembersFirst Certificate of Deposit (CD) provides a safe place for money that you want to "put on hold" for a future purpose. Unlike investments in the stock market or mutual funds, your CD funds are federally insured up to $250,000.00 by the National Credit Union Administration (NCUA), a US Government agency.
Not only do you enjoy preferred rates on loans, but also on your Certificates of Deposit, with the following features:
- Flexible maturities from three months to five years
- Low minimum deposits
- Competitive dividend rates
MembersFirst 55+ members receive an increased rate on all CDs and can request a one-time step up rate on certificates with a term of 2 years or more.