Members Choice CU (IL) Promotes New Top-Rate 30-month CD


Members Choice Credit Union (IL) has debuted a new, promotional 30-month CD (2.00% APY). The minimum opening deposit is a low $500 and there is no maximum balance cap. According to a very knowledgeable CSR, the Early Withdrawal Penalty is 3 months interest.

The Members Choice Credit Union’s (Members Choice) website states,

This promotional offer is only available for a limited time, so open your certificate today!

When asked, CSR said the 30-month CD "will likely last until the end of year." Obviously not a guarantee, but an indication of Members Choice’s intentions.

Thank you to the DA member who emailed me with information about this deal!


Members Choice Credit Union is headquartered in Peoria, IL, with its membership comprised mainly of healthcare employees.

To join Members Choice, you must be employed by or have a family member employed by Ameren Cilco, OSF Healthcare Systems (all subsidiaries), OSF St. Francis Medical Center, OSF St. Mary Medical Center, OSF Corporate Office, OSF Healthplans, St. Francis Inc., Toulon Healthcare Center, or OSF Internal Medicine. In addition, employees of the United States Government in Peoria, IL, with the exception of those employed in the Postal Service, are also eligible for membership.

Joining Members Choice and/or opening a CD can be done at any of four branches located in Peoria, Galesburg, Pekin, and Springfield. At this time, online banking features are limited to account management tools for existing members. Members Choice can also contact you to assist in joining, if you so desire.

If you are eligible to become a member of Members Choice Credit Union, please email your name, address and telephone number to [email protected]. One of our Member Service Representatives will personally contact you about the benefits of becoming a member.

Credit Union Overview

Members Choice Credit Union has an overall health grade of "A" at, with a Texas ratio of 1.63% (excellent) based on June 30, 2014 data. Members Choice has an excellent capitalization level of 13.72%, a result of holding $114.96 Million in assets, with $15.78 in equity. Please refer to our financial overview of Members Choice Credit Union for more details.

Members Choice Credit Union (NCUA Charter # 63783) is the result of the 2000 merger of two long-standing credit unions: CILCO Credit Union (established 1935) and Healthcare Family Credit Union (established 1955). Today, Members Choice serves over 10,000 members and continues to grow.

How the CDCompares

When compared to similar length-of-term CDs tracked by, with a $500 minimum deposit and available to Illinois residents, Members Choice Credit Union’s 30-month CD is clearly the leader:

Interest Rate

CD Length of Term

Financial Institution

2.00% APY 30-month CD Members Choice Credit Union
1.71% APY 35-month CD Special USAlliance Credit Union
1.60% APY 36-month CD First Technology Federal Credit Union

These rates are accurate as of 11/7/2014.

To look for the best nationwide CD rates and the best CD rates in your state, please refer to our CD rates table.

Related Pages: CD rates


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.