Manatee Community FCU (FL) Adds Competitive 24-Month CD


Availability: Residents of Manatee County, Florida

Manatee Community Federal Credit Union (MCFCU) ended the week by introducing a 24-month CD that earns 1.75% APY. The minimum deposit to earn the promotional rate is $10k, with no balance cap.

As stated in MCFCU’s Rates page footnotes, the Early Withdrawal Penalty reads as follows:

If you withdraw any principal before the maturity date, a penalty equal to
90 days dividend on the funds withdrawn [earned or not] will be assessed.


Headquartered in Bradenton, Manatee Community Federal Credit Union offers membership to individuals who live, work, worship, or attend school in Manatee County, Florida.

Additionally, individuals who participate in programs that alleviate poverty or distress in Manatee County are also eligible for membership.

Joining MCFCU and/or opening a CD can be done online or by visiting the sole branch located on 13th Avenue East in Bradenton. The membership application is available as a PDF to facilitate an in-branch account opening.

Credit Union Overview

Manatee Community Federal Credit Union has an overall health grade of "B+" at, with a Texas Ratio of 0.86% (excellent) based on March 31, 2016 data. In the past year, MCFCU has increased its total deposits by $1.18 million, an excellent annual growth rate of 5.49%. Please refer to our financial overview of Manatee Community Federal Credit Union for more details.

Manatee Community Federal Credit Union (NCUA Charter # 12238) was founded in 1958 as Tropicana Employees Federal Credit Union, for the benefit of Tropicana Products employees. The Credit Union rebranded in 2007 following a change to a community charter. In 2012, MCFCU was granted a Community Development Financial Institution (CFDI) designation, which is given to credit unions that provide credit and financial services to underserved markets and populations.

How the CD Compares

When compared to the 183 similar length-of-term CDs tracked by available to residents of the Tampa-St. Petersburg metropolitan area, Manatee Community Federal Credit Union’s promotional 24-month CD APY ranks first, regardless of minimum deposit.

The above rates are accurate as of 6/10/2016.

To look for the best nationwide CD rates and the best CD rates in your state, please refer to our CD rates table or our new Rates Map page.