Certificate of Deposit

Secure and
Insured Deposit

Competitive Rates

No Hidden
Fees or Charges

If you don't plan on withdrawing your funds for some time, MRFCU's CD program is a great way to make the best use of your funds by earning interest with our competitive rate!

Become a Member Today

Let's Compare:

Banks*

Average Bank Rate

The average Bank CD rate listed is the APY (Annual Percentage Yield) for 1 Year CD's, with at least a $10,000.00 balance, taken from the NCUA December 2019 Average Credit Union and Bank Rates Report.

% APY

Credit Unions*

Average Credit Union Rate

The average Credit Union CD rate listed is the APY (Annual Percentage Yield) for 1 Year CD's, with at least a $10,000.00 balance, taken from the NCUA December 2019 Average Credit Union and Bank Rates Report.

% APY

MRFCU*

MRFCU Rate

APY = Annual Percentage Yield. MRFCU rates are subject to change with or without notice. CD funds must be 'new money' to your credit union account. The credit union reserves the right to determine if funds are considered new money or not. An early withdrawal fee may be accessed if funds are withdrawn before the end of the designated period. All new CD owners will receive a safe-keeping receipt that explain the agreed terms of the Certificate of Deposit. Additional account disclosures can be found HERE.

% APY

Frequently Asked Questions:

How do I Open a CD Account?

To open a CD, you first must be a member of the credit union.

You can start your membership by submitting a membership application, a copy of your drivers license and an initial deposit of at least $25.00.

Click Here to see more about becoming a member.

If you are already a member of the credit union, you can open up a CD account by visiting us, or my contact us at our main office. To find our how to contact us, Click Here.

Is there a minimum to open a CD?

Yes, currently our 12-Month CD program has a minimum deposit of $10,000.00.

This deposit has to be new money, or new funds brought into the credit union.

If you are interested in other CD products, please let us know! We are always looking for new ways to better help our members.

Are there any fees if I withdrawal early?

If you withdrawal your funds from the credit union before the end of your CD term is complete, you will be deducted a fee of 3 months total interest.

If you have additional questions about this, please reach out to us at our main office.

Banking Disclosures

CONTACT US

LOCATIONS

MRFCU's Main Office is Located at:

346 Sunrise Highway
West Babylon NY 11704

For nationwide convenient access, find a location closer to you!
SHARED-BRANCH | ATMs

EMAIL US

Support Email Address:

creditunion@mrfcu.com

Secure Email Platform:

CLICK HERE

CALL US

Main Office:

631-661-4800 x371

After Hours Debit Card Support:

1-888-241-2510

Click to Learn More:

Savings

Your membership with MRFCU begins with a savings account. In fact, your savings account makes you an owner of the credit union!

Our savings accounts have above average interest, and costs you nothing!

Learn More

Savings

Checking

In addition to have a savings account with the credit union, you can choose to open a checking account.

There is no minimum balance and there are no service fees. Just easier access to your deposits.

Learn More

Checking

Certificate of Deposit

MRFCU is now offering Certificates of Deposit (CD's) at competitive rates!

Click to Learn More

CD's

Forms

All of our forms, digital and/or printable, can be found at the below web page:

Learn More

Forms

Online Banking

Your account is just one touch away with our Online Banking Access.

View you account, request transfers, view statements and more.

Learn More

Online Banking

Convenience

Even though we only have one MRFCU location, you can visit over 5,600 different credit union branchesand 30,000 surcharge free ATMs nationwide where you can access and transact on your account.

Find a Location Near You!