Residents of Michigan, this is for you guys! Community Financial Credit Union has wide array of products to meet your individual needs. They offer members competitively-priced savings & loan products and outstanding personal service. In this review, we will go in-depth on their CD products. They offer standard CD rates from 90-Day to 60-months with 0.10% to 0.50% APY Rates. Right now, they are having a special on their 13-month CD term with 2.10% APY and 57-month CD term with 2.30% APY. All you need is $1k minimum deposit then you’ll get to enjoy their competitive rates. By joining Community Financial Credit Union and opening a CD account, you get to enjoy earning higher interest rate than regular savings account. If you are interested, make sure to read on to learn more about Community Financial Credit Union’s wide array of CDs or visit any branch now and open your CD today!
Eligibility: Membership in Community Financial is open to anyone who lives, works, worships or attends school within the state of Michigan. Please see their current Membership Page for more info.
Community Financial Credit Union CDs:
CDs are a certificate issued by a bank to a person depositing money for a specified length of time and usually the longer of a term is – the higher APY rate you make! Community Financial Credit Union’s Best CD Offer are their 13-month CD term with 2.10% APY and 57-month CD term with 2.30% APY. How much you can earn depends on the amount, term, and rate. If you’re interested in making a higher rate than a traditional savings account then make sure to check out below CD rates.
Special CD Rates:
| Club Type | Share Certificates & Non-Club Members & Student Certificates | eClub & Advantage Club |
Sterling Club | President’s Club |
|---|---|---|---|---|
| Term | APY Rate | APY Rate | APY Rate | APY Rate |
| 13 Month | 2.10% | 2.10% | 2.10% | 2.10% |
| 57 Month | 2.30% | 2.30% | 2.30% | 2.30% |
Certificates of Deposits Rates:
| Club Type | Share Certificates & Non-Club Members & Student Certificates | eClub & Advantage Club |
Sterling Club | President’s Club |
|---|---|---|---|---|
| Term | APY Rate | APY Rate | APY Rate | APY Rate |
| 90 Day | 0.10% | 0.20% | 0.25% | 0.30% |
| 180 Day | 0.10% | 0.20% | 0.25% | 0.30% |
| 12 Month | 0.10% | 0.20% | 0.25% | 0.30% |
| 24 Month | 0.20% | 0.30% | 0.35% | 0.40% |
| 36 Month | 0.30% | 0.40% | 0.45% | 0.50% |
| 48 Month | 0.40% | 0.50% | 0.55% | 0.60% |
| 60 Month | 0.50% | 0.60% | 0.65% | 0.70% |
*Rates effective as of 1/16/2018
CD Features:
- Certificates available for investments of $1,000
- IRA Certificates for as little as $500
- Student Certificates for as little as $100
- Terms from 90 days to 5 years
- Bonus rates up to 0.20% on regular certificates of $10,000 or more
- Savings insured to $500,000, IRAs to $750,000 by the NCUA & private ESI insurance.
Bottom Line:
If you are interested in a short term or long term CD, look no further as Community Financial Credit Union offers you 2 special CD rate specials: 13-month CD term with 2.10% APY or 2.30% APY on 57-month term. All you need to do is to pick your CD term and watch your money grow! We will be adding these 2 specials to our Best 12-Month CD Rates & Best 60-Month CD Rates local region list. You can have peace of mind that Community Financial Credit Union is insured by NCUA & private ESI insurance. Sign up for a CD with Community Financial Credit Union and the enjoy their high APY rates today. If you are not interested or eligible, check out our Best CD Rates at HMB!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
 The Chase Sapphire Preferred® Card offers 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. You'll earn: • 5x on travel purchased through Chase TravelSM • 3x on dining, select streaming services and online groceries • 2x on all other travel purchases • 1x on all other purchases • $50 Annual Chase Travel Hotel Credit • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027. Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase TravelSM This card carries a $95 annual fee. |
Leave a Reply