Marshall CCU (MI) Introduces Competitive Rate 55-Month CD Special


Availability: Residents of 8 mid-Michigan counties

Last week, Marshall Community Credit Union’s (Marshall CCU) introduced a new 55-month CD Special (2.25% APY). The minimum deposit is $1K of new money, with no balance cap. The Early Withdrawal Penalty on the 55-month CD is 365 days’ dividends.

The possibility of an additional 10 basis points added to the APY is noted on Marshall CCU’s Rates page:

Any CD over $50,000 will receive an additional .10% APY for terms of 24 months or longer.

Marshall CCU also offers a new, competitive Kasasa Cash checking account that I recently wrote about. This Kasasa Cash checking account earns 2.25% APY on qualifying balances up to $25K.

Thanks to DA member, PearlBrown, for her Forum post on the 55-month CD Special.


Membership in Marshall Community Credit Union is residency based, with individuals who reside, work, worship, or attend school in the Michigan counties of Barry, Branch, Calhoun, Eaton, Hillsdale, Jackson, Kalamazoo, and St. Joseph, eligible to join.

In addition, immediate family members of a current Marshall CCU member is also eligible for membership. Complete qualification details are listed on the Membership Eligibility page.

Joining Marshall CCU and/or opening a CD can be done online, or at either branch located in Marshall and Battle Creek.

Credit Union Overview

Marshall Community Credit Union has an overall health grade of "A" at, with a Texas ratio of 6.08% (excellent) based on September 30, 2014 data. In the past year, Marshall CCU has increased its total deposits by $1.64 Million, an above average annual growth rate of 1.33%. Please refer to our financial overview of Marshall Community Credit Union for more details.

Marshall Community Credit Union (NCUA Certificate # 62160) was established in 1951, and for the past 64 years has continuously provided financial services to the residents of Calhoun County and its adjacent counties. Marshall Community Credit Union plays an active role in the community through its charitable work, with a particular focus on education.

How the CD Compares

While the 2.25% APY on the 55-month CD Special may not be the highest rate available, the lower length of term adds to its viability. When compared to other similar length-of-term CDs tracked by, that require a similar minimum deposit and are available to Michigan residents, Marshall Community Credit Union's 55-month CD Special is competitive.

The above rates are accurate as of 2/16/2015.

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

Anonymous   |     |   Comment #1
Those counties are not located in mid-Michigan; they're all in south or southwest Michigan.
Marshall Community CU (MI) Adds Kasasa Cash And Kasasa Savings
Availability: Residents of 8 mid-Michigan counties

In mid-January, Marshall Community Credit Union’s (Marshall CCU) began offering a Kasasa Cash checking account with a competitive rate (2.25% APY) and a competitive balance cap ($25K).

Unlike many other Kasasa Cash checking accounts, Marshall CCU’s Kasasa Cash’s monthly qualifying transactions do not include a direct deposit.

Monthly Qualifications

  • At least 12 debit card purchases
  • Be enrolled in and receive eStatements
  • Be enrolled in and log into online banking platform

Account Details

  • Qualifying balances up to $25K earn 2.25% APY
  • Qualifying balances over $25K earn 0.25% APY
  • If qualifications are not met, the...

Continue Reading