MIDFLORIDA CU Adds 5-Year Celebration CD


UPDATE 1/16/18: The Celebration CD with a 3% APY has expired and is no longer available.

Deal Summary: 5-Year Celebration Certificate, 3.00% APY, $3k min/$100k max deposit, for existing MIDFLORIDA Credit Union members only.

Availability: Residents of 24 central Florida Counties.

MIDFLORIDA Credit Union’s (MIDFLORIDA) assets now total $3 billion. To mark the occasion, MIDFLORIDA is offering a 5-Year Celebration Certificate (3.00% APY) to existing members. This is a limited time offer that requires a $3k minimum opening deposit and is capped at $100k.

We are so excited to have reached this milestone, and we couldn’t have done it without you – our member! So to say thanks, we’re offering a special CD for MIDFLORIDA members only!

According to CSR, “existing members” are those who have joined MIDFLORIDA prior to December 11, 2017, the date the Celebration Certificate was first offered.

The Early Withdrawal Penalty is harsh. As stated on MIDFLORIDA’s Terms and Conditions document, the Early Withdrawal Penalty reads as follows:

If your account has an original maturity of 49 months or greater, the penalty we may
impose will equal 36 months dividends on the amount withdrawn subject to penalty.

In November, MIDFLORIDA was offering a special 5-year Lifestyle CD with a 3% APY. That special was intended to promote their new Orlando branches. Unlike this current promotion, the Lifestyle CD had a $100k minimum and it allowed penalty-free partial early withdrawals. The Lifestyle CD is no longer available.


Headquartered in Lakeland, MIDFLORIDA Credit Union’s field of membership (FOM) is residency based, with individuals who live, work, worship, or attend school in any of the following Florida counties eligible to join.

Florida counties: Charlotte, Citrus, DeSoto, Glades, Hardee, Hernando, Highlands, Hillsborough, Indian River, Lake, Manatee, Martin, Okeechobee, Orange, Osceola, Pasco, Pinellas, Polk, Sarasota, Seminole, St. Lucie, Sumter, and Volusia.

In addition, portions of Brevard County (Zip Codes 32908, 32909, 32949, and 23976) also qualify for membership eligibility.

Opening a Celebration CD can be done using the Credit Union’s Online Banking platform, or at any of 47 full-service Florida branches located in Arcadia, Auburndale, Avon Park, Bartow, Bay Pines, Brandon, Clearwater (2), Davenport, Haines City, Kissimmee, Lake Placid, Lake Wales, Lakeland (8), Largo, Lutz (2), New Port Richey, Okeechobee, Orlando (6), Pinellas Park, Plant City, Port Saint Lucie, Sebring (3), St. Petersburg, Tampa (3), Vero Beach, Wauchula, and Winter Haven (3).

Credit Union Overview

MIDFLORIDA Credit Union has an overall health grade of "A" at DepositAccounts.com, with a Texas Ratio of 3.58% (excellent), based on September 30, 2017 data. In the past year, MIDFLORIDA has increased its total non-brokered deposits by $343.2 million, an excellent annual growth rate of 16.1%. Please refer to our financial overview of MIDFLORIDA Credit Union (NCUA Charter # 68600) for more details.

In 1954, a shoebox in the home of a Polk County school teacher served as the initial repository for the newly established Polk County Teachers Credit Union. For 43 years, the Credit Union’s membership was limited to educational employees, but in 1997 the charter was changed to a residency-based field of membership. The next 15 years saw two name changes, two mergers, another charter change, and expansion into several counties. Following the July merger with Martin Federal Credit Union, MIDFLORIDA Credit Union has become Florida’s fourth largest credit union, with nearly 280,000 members and assets in excess of $2.97 billion.

How the Celebration Certificate Compares

When compared to the 216 similar length of term CDs tracked by DepositAccounts.com, which are available within the FOM, MIDFLORIDA Credit Union’s 5-Year Celebration Certificate currently ranks first.

The above rates are accurate as of 12/21/2017.

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

Related Pages: Orlando CD rates, Tampa CD rates, West Palm Beach CD rates, Ft. Myers CD rates, 5-year CD rates

MIDFLORIDA Credit Union Adds Limited-Time 5-Year CD

UPDATE 1/16/18: The Lifestyle Certificate has expired and is no longer available.

UPDATE 12/19/17: The 5-year Lifestyle Certificate rate is back at 3% APY. This is according to a MIDFLORIDA representative.

UPDATE 11/21/17: The 5-year Lifestyle Certificate rate has fallen to 2.50% APY. All other features are the same. This is according to a MIDFLORIDA representative.

UPDATE 11/10/17: I've received new details. Please see updates below.

Deal Summary: 5-Year Lifestyle Certificate, 3.00% APY, $100k minimum deposit, new money, partial penalty-free early withdrawals allowed (up to 10% per year).

Availability: Residents of 24...

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