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Certificates of Deposit

If you do not need immediate access to your funds, you can earn a higher yield and enjoy guaranteed safety with a Certificate of Deposit.

  • Competitive fixed rate of interest
  • FDIC insurance
  • Available terms range from 3 months to 5 years
  • Available options for interest payments:
    • automatic reinvestment
    • check
    • transfer to a Mutual Federal checking or savings account
    • transfer to a checking or savings account at another bank
  • Loans on Deposit available

 

  Minimum Balance to
Open and Earn APY
Interest
Rate
Annual PercentageYield *
3 MONTH CERTIFICATE $1,000 0.15% 0.15%
6 MONTH CERTIFICATE $1,000 0.20% 0.20%
9 MONTH CERTIFICATE  $900 0.35% 0.35%
1 YEAR CERTIFICATE $500 1.70% 1.71%
18 MONTH CERTIFICATE $500 1.72% 1.73%
2 YEAR CERTIFICATE $500 1.75% 1.77%
2 1/2 YEAR CERTIFICATE $500 1.80% 1.82%
3 YEAR CERTIFICATE $500 1.95% 1.97%
4 YEAR CERTIFICATE $500 2.00% 2.02%
5 YEAR CERTIFICATE $500 2.10% 2.12%

 

* Penalties for early withdrawal of funds may apply. Maximum deposit $249,000.
  Rates accurate as of August 18, 2017.

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© 2010 Mutual Federal Bank, Member FDIC, Certificate No. 28302.