MidSouth Community FCU Raises Rate on 20-month Certificate Special


In early October, MidSouth Community Federal Credit Union (Georgia) raised the rate on its 20-month Certificate Special to 1.30% APY. The minimum opening deposit is $1K and there is no maximum balance cap. According to CSR, the Early Withdrawal Penalty is one quarter's (three months) interest.

The 20-month Certificate Special is also available as an IRA (Traditional and Roth), with the same funding requirements.

0.75%$1k-MidSouth Community Federal Credit Union20 Month Certificate IRA Special (Traditional, Roth)
Accounts mentioned in this post. Rates as of October 22, 2016.


MidSouth Community Federal Credit Union (MidSouth) is a residency based credit union, with individuals who live, work, worship, or attend school in the Georgia Counties of Baldwin, Bibb, Crawford, Hancock, Houston, Jones, Monroe, Peach, Pulaski, Putnam, Twiggs, Washington, and Wilkinson eligible for membership.

MidSouth has online banking features available to members, but joining the credit union and/or opening an account requires an in-person visit to any of eight branches located in Macon (4), Milledgeville (2), and Warner Robins (2).

Credit Union Overview

Ranked 167th on DepositAccounts.com’s "Top 200 Healthiest Credit Unions for 2014" list, MidSouth has an overall health grade of "A+" at DepositAccounts.com, with a Texas ratio of 2.30% (excellent) based on June 30, 2014 data. In the past year, MidSouth increased its total deposits by $16.89 Million, an excellent annual growth rate of 10.9%. Please refer to our financial overview of MidSouth Community Federal Credit Union for more details.

Like so many other credit unions, MidSouth Community Federal Credit Union (NCUA Charter #1410) was established to fill a void: during the Great Depression, two school principals developed an idea of forming a credit union because they felt educators were not being treated fairly by local lenders. Originally chartered in 1936 as the Bibb Teachers Federal Credit Union, MidSouth is the oldest, locally owned financial institution in Macon, Georgia.

Over the next 60 years, the credit union’s size and scope grew, as membership was extended to more select employee groups. Based on the diversity of membership, a name change was in order, and in October 1996, MidSouth Federal Credit Union debuted. "Community" was added to the name in January 2010 to further describe the membership. Today, MidSouth has over 35,000 members and holds assets in excess of $201 Million.

How the CD Compares

Based on similar length-of-term CDs tracked by DepositAccounts.com, with a $1K minimum deposit and available to Georgia residents, MidSouth Community Federal Credit Union’s 20-month Certificate Special is competitive.

Interest Rate CD Length Institution
1.30% APY 20-month Certificate Special MidSouth Community Federal Credit Union
1.15% APY 18-month CD Triumph Savings Bank, SSB
1.10% APY 18-month CD First Internet Bank of IN

These rates are accurate as of 10/21/2014.

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