Certificates of Deposit-Regular & IRA
Looking for a no-risk investment for your savings? Check our rates and terms on a Certificate of Deposit. Available in 6, 12, 23, 24, 36, 48 and 60 month terms, with a minimum deposit of only $200 gets you a great rate and a guaranteed return on your investment. CDs are easy, secure, and net a higher return when you invest for a longer term. Our CDs are insured up to $250,000 for added security.
To open your Certificate of Deposit, call us at 313.568.5000.
Effective Date: May 27, 2025
Term | Rate | APY* | Minimum Balance |
---|---|---|---|
6 Month | 3.96% | 4.00% | $200.00 |
12 Months | 3.45% | 3.50% | $200.00 |
12 Months Save to Win | 2.97% | 3.00% | $25.00 |
23 Month Special** | 4.23% | 4.30% | $200.00 |
24 Months | 2.72% | 2.75% | $200.00 |
48 Month Special** | 3.94% | 4.00% | $200.00 |
36 Months | 2.48% | 2.50% | $200.00 |
60 Months | 2.23% | 2.25% | $200.00 |
*APY = Annual Percentage Yield. There will be a penalty for early withdrawal.
**APY=Annual Percentage Yield. New Money Only. Minimum deposit is $200. Early withdrawal penalties will apply. Upon maturity, your 23 month CD will automatically renew at the 24 month CD rate at that time. Upon maturity your 48 month CD will automatically renew at 36 month CD rate at that time. Jumbo CD bump is excluded from this 23, and 48 month special. Offer can end at any time.
Important Information:
Jumbo CD & IRA over $100,000.00 add 0.05% to all terms – minimum balance $100,000.00.
23 Month CD Renews at 24 Month
48 month CD renews at 36 Month
Legacy CD
The Legacy CD is designed to provide a flexible financial savings option for loved ones of deceased members at DMCU, offering a higher interest rate than a standard savings account. This product aims to support beneficiaries, joint account owners, or representatives during a transitional period. As your credit union, we are here to help you as you navigate through these difficult times.*
- The Legacy CD is a 12-month Certificate of Deposit.
- During the 12-month period, account holders can make two withdrawals and two additional deposits without penalty.
Term | APY* | Minimum Balance |
---|---|---|
12 Months | 5.15% | $5,000.00 |
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