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On Tuesday, 1/27/2026, branches will open with a delay at 9:30 AM.

7-MONTH SHARE CERTIFICATE

Park Your Money.
Earn More with MCU.

No Parking Tickets... Just Great Rates.

 

Lock in 3.75% APY for 7 months

PERFECT FOR:

  • Short-term savings goals

  • Emergency fund building

  • Parking money between major financial moves

FEATURES:

  • 3.75% APY for 7 months — guaranteed rate

  • $5,000 minimum — new to MCU money1 only

  • NCUA insured — your deposits protected

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*APY = Annual Percentage Yield

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¹ There is a minimum opening deposit and balance requirement of $5,000.00 of New Money to open a7 Months – New Money Share Certificate. New Money" is defined as funds that are not on deposit in any MCU account at the time the account with the New Money requirement is opened. The New Money requirement may be satisfied by: (1) making a deposit of New Money directly into an account bearing a New Money requirement; or (2) making a deposit of New Money into a savings or checking account and transferring the New Money into the account bearing the New Money requirement within seven (7) days of the date of deposit. Funds transferred into an account bearing a New Money requirement from any MCU account after seven (7) days from the date of deposit will not be eligible to satisfy the New Money requirement. You may deposit additional New Money into the account for up to seven (7) days from the date the account is opened. All money deposited into the account must be New Money. After seven (7) days from opening the 7 Months – New Money Share Certificate no additional deposits are permitted into the account until the renewal grace period. The 7 Months – New Money Share Certificate will automatically renew into the 6 Months Share Certificate and will be subject to the Dividend Rate, APY, and other terms and conditions of the 6 Months Share Certificate in effect at the time of renewal unless the account is closed prior to maturity or during the ten (10) day renewal grace period. 

FAQs

Can I be sure that my deposits are safe?

The National Credit Union Administration (NCUA) insures MCU deposits, so you can trust that your funds are safe. The NCUA is an independent federal agency that insures deposits at federally insured credit unions, protects the members who own credit unions, and charters and regulates federal credit unions. Your savings are federally insured to at least $250,000 by the full faith and credit of the United States Government. Additionally, the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) provides federal production to IRAs up to $1 million (some restrictions may apply depending on roll-over status and uniquely unqualified accounts).

Where can I find MCU branches and fee-free ATMs?

Check out our page featuring all of our branches and ATMs. Choose from any of our 15 locations, and search for various fee-free ATM options.

Are my deposits insured?

Your savings are federally insured by the National Credit Union Administration (NCUA), a U.S. Government Agency. Savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.

Who can I contact if I have questions about my account?

You have questions, and we have answers! Feel free to reach out to the MCU Contact Center, and we'll help you by providing the answers you need.

Hours: Monday - Friday: 7:00am -7:00pm
Saturday: 9am - 2pm
Sunday: Closed
1-844-MCU-NYNY (1-844-628-6969)

What happens if I need the money in my Share Certificate Account before the term is up?

You may access the money in your Share Certificate Account before the term is officially up, but there will be an early-withdrawal penalty.

Can I extend my Share Certificate term for another investment once my term is up?

Yes, unless instructed otherwise, your Share Certificate will automatically renew at maturity. However, there will be a grace period in which you may access your funds if needed.
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