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Contact Us

Main Branch:
700 E. Sharon Ave.
Houghton, MI 49931


Phone 906.482.5005
Fax 906.482.2451


memberservices@mtefcu.org


[Branches]

Friday, September 3rd - 7:42 AM

Certificate of Deposits

Certificates of Deposit are a terrific way to save for a special purpose. Our CDs are designed to give you the most competitive dividend rates available, combined with the safety and security you associate with this popular investment. There is a substantial interest penalty for early withdrawal from any of these certificates. Call a MTEFCU member service representative today at 906.482.5005.

Notice for all Certificate of Deposits

When a CD matures, the funds will automatically renew into a new CD with the current dividend rate. If you would not like the funds to transfer into a new CD, please notify your credit union prior to the maturity date.

CD Dividend Rates at your MTEFCU
Minimum $500 deposit
Dividend rates current as of June 2, 2010

Term Dividend Rate APY*
6 Month 1.10% 1.105%
12 Month 1.15% 1.155%
24 Month 1.50% 1.508%
36 Month 2.00% 2.015%
48 Month 2.25% 2.269%
60 Month 2.50% 2.524%
Youth CD (17 yrs and under; $125 minimum)
6 Month 1.10% 1.105%

*Annual Percentage Yield. Rates subject to change without notice. The credit union is insured by the National Credit Union Administration.

Upon maturity, CDs are reinvested in a new CD at the current dividend rate.

  • 700 E. Sharon Avenue
  • Houghton, MI
  • (906) 482-5005
  • MTEFCU

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