Market USA FCU (Multi-State) Has Competitive 60-Month CD


Availability: Residents of District of Columbia, Georgia, Maryland, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia, and West Virginia; various Partner Organizations and SEGs.

Last week, Maryland-based Market USA Federal Credit Union (Market USA) raised the rate on its 60-month CD (2.41% Preferred APY). The minimum opening deposit is $500 and there is no balance cap.

2.36%$500-Market USA Federal Credit Union60 Month CD
Accounts mentioned in this post. Rates as of September 19, 2017.

The Preferred APY includes a 0.35% premium; eligibility for the 0.35% premium requires having Direct Deposits and receiving e-Statements. The APY will decrease by 0.35% if the direct deposits or e-statements are discontinued at any time during the term of the CD.

As stated in Market USA’s Terms and Conditions document, the Early Withdrawal Penalty reads as follows:

For certificates with terms of more than one year, the penalty is the loss of 180 days dividends.

VIP Checking Platinum

Market USA also has a VIP Checking Platinum Tier account that earns 2.00% APY on qualifying balances up to $15K. The 2.00% APY has been in effect for almost four years. There is no minimum balance requirement, no monthly maintenance fee or per check charge.

3.01*%-$15kMarket USA Federal Credit UnionVIP Checking Platinum Tier
OTHER TIERS: 0.05% $15k+
Accounts mentioned in this post. Rates as of September 19, 2017.

The monthly qualification requirements are:

  • At least $250 in direct deposits
  • At least 12 debit card purchases
  • At least three bill payments
  • Be enrolled in Internet Banking and eStatements


Headquartered in Laurel, Maryland, Market USA Federal Credit Union’s field of membership is both residency and employment based.

Residency: Residents of North and South Carolina, Virginia, Tennessee and Georgia are eligible to join Market USA through the Carolina Chapter of the American Consumer Council (ACC), and residents of Maryland, Washington D.C., Virginia, West Virginia and Pennsylvania are eligible to join through the Maryland ACC Chapter.

If joining Market USA through ACC, please put ACC - SC or ACC-MD as the Group you are affiliated with. By doing so, when you join Market USA, you will also become a member of ACC at no cost to you.

Employment: Market USA has 26 Partner Organizations (mostly grocery store chains) who offer Market USA membership as part of their employee benefits package.

There are also 84 other organizations whose employees and members are eligible for Market USA membership.

Joining Market USA can be done by downloading the membership application and returning the completed application, a copy of your government ID, and your initial $5 deposit. The application can be returned by mail or by visiting any of the three branch locations in Laurel and Landover, Maryland, and Greenville, South Carolina.

Opening a CD or VIP Checking account requires an in-person visit for new members, while current members can use Market USA’s Internet Banking platform to open additional accounts.

Credit Union Overview

Market USA Federal Credit Union has an overall health grade of "A" at, with a Texas ratio of 2.68% (excellent) based on June 30, 2015 data. In the past year, Market USA has increased its total deposits by $67K, an above average annual growth rate of 0.09%. Please refer to our financial overview of Market USA Federal Credit Union for more details.

Market USA Federal Credit Union (NCUA Charter # 9003) was originally established in 1953 as Giant Food Department Stores Federal Credit Union. In the past 62 years, the Credit Union has gone through three name changes, three mergers, and a field of membership expansion, which has resulted in a significant presence throughout the Southeast. Market USA currently has 17,300+ members and assets in excess of $96 Million.

How the CD Compares

Given that Market USA’s product line is available to residents of nine different states, using a national comparison makes sense. Therefore, when compared to the 109 similar length-of-term CDs tracked by that require a similar minimum deposit and are available nationwide, Market USA Federal Credit Union's 60-month Featured CD currently ranks second.

The above rates are accurate as of 10/26/2015.

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: Market USA Federal Credit Union, Washington, Greenville

gregk   |     |   Comment #1
3% is our minimum for a 5 year now, Ken.  No need to bother with a write-up of this other stuff, - however dutiful.
klink   |     |   Comment #2
I have to agree with gregk. I do thank you for keeping us up to speed.
51hh   |     |   Comment #3
Thanks so much, Ken.  Such information is always useful for at least "some" folks; if not all.

Keep up the good work.  :-)
Roush   |     |   Comment #4
Well said, 51hh, well said.
4.00% Reward Checking Account at Market USA Federal Credit Union in MD, MA & SC - Local Only
Market USA FCU is offering a high yield reward checking account called VIP Checking. The account offers the following rates and features if certain monthly requirements are met:
  • 4.00% APY on balances up to $50,000
  • 0.10% on all amounts above $50,000
  • No interest is earned if requirements are not met
The monthly requirements include:
  • 12 Visa check card purchases (minimum $5 each)
  • One direct deposit of at least $250 of net pay
  • Enrollment in Internet Banking and eStatements
  • 3 online bill payments (minimum $20)
Additional features of the account regardless of the monthly requirements include:
  • No minimum balance requirement
  • No monthly...

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5.31% 13-Month CD at a MD/SC/MA Credit Union (Market USA).
Update 2/2/08: CD special has ended. Please check the credit union's website for the latest rates.

Market USA Federal Credit Union is offering a special 5.31% APY 13-month share certificate. The minimum deposit is $500.

Membership is primarily based on select employee groups. Please see their Membership page for the full details. Membership requires a $5 deposit in your savings account.

Branches are located in Maryland, South Carolina and Massachusetts. The credit union is federally insured by the NCUA (Charter # 9003). It has $80.3 million in assets and 22,114 members.

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