Dedicated to Deposits: Deals, Data, and Discussion

6.06% 60-Month CD at a Tennessee CU (MPD Community)


MPD Community Credit Union continues to offer high yields on several share certificates. The highest is a 6.06% APY 60-month CD. Others include a 5.80% APY 48-month CD and a 5.54% 36-month CD. All have a minimum deposit requirement of $2.5K and according to the website, rates are subject to change every Wednesday and are based on the 13-Week T-Bill Discount Rate.

My last report on this credit union was in July. Rates have dropped since then.

The credit union has expanded its field of membership since July. It now includes those who live, work, worship or attend school in Davidson County, Tennessee. Previously, it was limited to employees of Davidson County police departments and a few other select employer groups.

MPD Community remains a small credit union with a branch in Nashville. It's federally insured by the NCUA. I has 2,225 members and $12.9 million in assets.