Kellogg Community Credit Union (MI) Adds 14-Month CD, 2.30% APY

POSTED ON BY

Deal Summary: 14-month CD Special, 2.30% APY, $500 minimum deposit.

Availability: Residents of 15 west Michigan counties.

In celebration of the grand opening of its newest branch in the Metro Health Village, Kellogg Community Credit Union (KCCU) is offering a 14-month CD Special, which earns 2.30% APY. This limited-time offer requires a $500 minimum opening deposit, with no stated balance cap.

APYMINMAXINSTITUTIONPRODUCTDETAILS
2.30%$500-Kellogg Community Credit Union14 Month CD Special
Rates as of November 12, 2019.

The 14-month CD Special is also available as an IRA (Traditional, Roth, CESA), earning the same APY with the same funding requirements.

According to CSR, the Early Withdrawal Penalty for the 14-month CD Special is 90 days interest.

eChecking and Kasasa Cash

KCCU continues to be the only credit union I am aware of that offers two separate rewards checking accounts.

APYMINMAXINSTITUTIONPRODUCTDETAILS
4.25*%-$7.5kKellogg Community Credit UnionKasasa Cash
OTHER TIERS: 0.25% $7.5k+
4.00%-$15kKellogg Community Credit UnioneChecking
Rates as of November 12, 2019.

KCCU introduced its eChecking account in 2015 and its initial 4.00% APY on qualifying balances up to $15k is still in effect. The monthly qualifying requirements are,

  • Minimum of $500 in direct deposit(s)
  • Minimum of four online banking logins
  • Minimum of 20 debit card transactions
  • Receive eStatements
  • Enroll in bill pay

KCCU began offering Kasasa products in December 2017. The Kasasa Cash account earns a higher APY (4.25%), but has a much lower balance cap of $7.5k. The Kasasa Cash qualifying requirements are quite similar to that of the eChecking account.

  • Minimum of $500 in direct deposit(s)
  • Minimum of one online banking logins
  • Minimum of 12 debit card transactions
  • Receive eStatements
  • Maintain a valid e-mail address

Availability

Headquartered in Battle Creek, Kellogg Community Credit Union’s field of membership (FOM) is residency-based, with individuals who live, work, worship, or attend school in the Michigan counties of Allegan, Barry, Berrien, Branch, Calhoun, Cass, Ionia, Kalamazoo, Kent, Montcalm, Newaygo, Ottawa, St. Joseph, or Van Buren, eligible to join.

Relatives of current KCCU members also qualify for membership. (The website does not specify which relatives qualify.)

Joining KCCU can be done online, or at any of 14 Michigan branches located in Battle Creek (5), Grand Rapids (2), Kalamazoo (3), Marshall, Portage, Springfield, and Three Rivers.

KCCU membership requires a minimum savings account deposit of just $5.00.

According to CSR, opening a CD Special can be done at any of the above-mentioned branch locations or by calling 269.968.9251. Current KCCU members can also open a CD Special by logging into their online banking account.

In addition to the CO-OP Shared Branching and ATM networks, KCCU participates in the Xtend Shared Branching network that,

serves thousands of members in over 10 states with over 200 branch locations; many of them are located right here in Michigan.

Credit Union Overview

Kellogg Community Credit Union has an overall health grade of "A+" at DepositAccounts.com, with a Texas Ratio of 1.46% (excellent) based on June 30, 2019 data. In the past year, KCCU increased its total non-brokered deposits by $49.93 million, an excellent growth rate of 11.31%. Please refer to our financial overview of Kellogg Community Credit Union (NCUA Charter# 68678) for more details.

In 1941, twelve Kellogg Company employees contributed $5 each and applied for a charter, forming a credit union to serve the financial needs of Kellogg Company employees and retirees in Battle Creek.

Nearly 80 years later, Kellogg Community Credit Union is currently Michigan’s 26th largest credit union, with more than 39,600 members and assets in excess of $590 million.

How the CD Special Compares

When compared to 269 similar length-of-term CDs tracked by DepositAccounts.com that require a similar minimum deposit and are available within FOM, Kellogg Community Credit Union's 14-month CD Special APY currently ranks second.

Interest RateCD Length of TermCredit Union/Bank
2.35% APY12-Month CDSallie Mae Bank
2.30% APY14-Month CD SpecialKellogg Community Credit Union
2.25% APY12-Month CDTAB Bank

The above rates are accurate as of 11/6/2019.

To search for the best CD rates, both nationwide and state specific, please refer to our CD Rates Table page.

Related Pages: Grand Rapids checking accounts, reward checking accounts, 1-year CD rates

Comments
Bozo Indicator
Bozo Indicator   |     |   Comment #1
Vanguard PRIME money market has forecast STEADY interest rates.

As a leading indicator, a canary in the coal mine iyw, more upward surprises are FORECAST.
Kellogg Community Credit Union Has 29-Month CD Special
Deal Summary: Winter CD Specials – 29-month (3.15% APY), 19-month (3.00% APY), and 9-month (2.50% APY), $500 minimum deposit.

Availability: Residents of 15 west Michigan counties.

Kellogg Community Credit Union (KCCU) is hoping you’ll “feel the warmth” with the “hot” rates being offered on its Winter CD Specials: 29-month (3.15% APY), 19-month (3.00% APY), and 9-month (2.50% APY). Of the three, the 29- and 19-month CD Specials offer the more competitive rates. These limited-time specials require a $500 minimum opening deposit, with no stated balance cap.

Continue Reading
Kellogg Community CU (MI) Adds 18-Month CD Special
Deal Summary: “Pot of Gold” Certificate Specials – 18-month, 1.75% APY ($500 min), 1.85% APY ($50k min); 8-month 1.40% APY ($500 min), 1.50% APY ($50k min); new money required.

Availability: Residents of 15 west Michigan counties.

Kellogg Community Credit Union’s (KCCU) has two added “Pot of Gold” Certificate Specials: 8-month and 18-month with tiered APYs ($500 and $50k minimum deposits). These limited-time specials require new money.

”Pot of Gold” IRA (Traditional, Roth, CESA) Certificate Specials are also available, earning the same tiered APYs with the same funding...

Continue Reading
Kellogg Community FCU (MI) Adds eChecking (New RCA)
Availability: Residents of nine Southwestern Michigan counties.

Kellogg Community Federal Credit Union’s (KCFCU) has added a new rewards checking account: eChecking, which earns 4.00% APY on qualifying balances up to $15K. eChecking offers the same benefits of KCFCU’s Classic Checking.

Monthly Qualification Requirements

  • Minimum of $500 in Direct Deposits
  • Minimum of four online banking logins
  • Minimum of 20 debit card transactions
  • Receive eStatements
  • Enrolled in bill pay

Refer A Friend Program

Current KCFCU members will receive $25 for each new referred member who opens a checking account (minimum $100 opening deposit); the new member will...

Continue Reading
Kellogg Community FCU (Michigan) Raises Rates on 5-year CDs

Southwest Michigan’s Kellogg Community Federal Credit Union’s (Kellogg Community FCU) just raised the rates on two of its long-term Share Accounts (CDs): 5-year CD (2.20% APY) and 5-year Golden CD (2.40% APY).

The minimum opening deposit for the 5-year CD is a low $500, while the 5-year Golden CD requires a minimum $50K; there is no maximum balance cap for either CD. Both 5-year CDs are available as IRAs (Traditional, Roth and CESA) at the same rates, with the same funding requirements.

According to Kellogg Community FCU’s Disclosures page,

Continue Reading
4.99% 7-Month CD ($5K Max) at Kellogg Community FCU in Michigan - Local Only
Kellogg Community FCU is having a grand opening special with a 4.99% APY 7-month certificate. Minimum deposit is $500, and the maximum is $4,999. It requires that you also open a checking account with direct deposit of at least $100. It's scheduled to last through this week but it could end at anytime. This special is not listed at the credit union's website. A reader emailed me info on this, and I just called for additional details.

The CSR said that this special is only available at their two new branches...

Continue Reading


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.