Michigan Community Credit Union offers a variety of Term Shares/CDs, allowing you to earn higher dividend rates for terms of 3 months, 6 months, 9 months, 12 months, 18 months, 24 months, 30 months, 36 months, 48 months and 60 months. A $1,000 minimum balance is required for each Term Share/CD.
Ira term shares
All Term Share/CD accounts from 12 – 60 months (excluding 30 months) are also available as Individual Retirement Accounts (IRAs). With an IRA CD account from Michigan Community Credit Union, you get the tax advantages of an IRA and the higher returns of a traditional CD. An IRA CD is the ideal way to enjoy the benefits of tax-deferred earnings for retirement. The minimum balance requirement is $1,000.