If you have money to invest, you have to decide what is the best way to get the most bang for your buck. Do you invest in mutual funds or stocks where the returns can fluctuate and your money is not insured? Or do you put your money in a credit union Share Certificate (similar to a bank CD) where the funds are federally insured up to at least $250,000 by the NCUA? Or both?
The answer lies in how much risk you're willing to take on. If you want to make sure that you won't lose the money you invest, your best bet is an insured Shared Certificate. And MCCU has an amazing special Certificate rate, just for you!
We are offering a special Share Certificate at 2.75% APY1 for a term of 15 months! This certificate is good for regular or IRA money, and you only need a minimum of $1,000 to open the account. So even if you don't have a lot to invest, at least you know you can get a good return and your money will be safe. And if you have a lot to invest, you can deposit more!
1APY=Annual Percentage Yield. Rate as of 9/20/18 and is subject to change. Membership required to open Certificate account. Penalty for early withdrawal. Dividends are compounded and paid monthly. Fees may reduce earnings. Certain State and Federal penalties may apply to IRA accounts, please consult your tax advisor. See disclosures for special features and requirements. Each member account is federally insured up to at least $250,000 by the NCUA, a US Government Agency.
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