Money FCU (NY) Features 6-Month CD


Deal Summary: 6-month Special Rate CD, 1.26% APY, $500 minimum deposit

Availability: Residents of Cayuga, Madison, Onondaga, and Oswego Counties, New York.

Money Federal Credit Union (Money FCU) is offering a 6-month Special Rate CD (1.26% APY). The minimum opening deposit is $500, with no stated balance cap.

According to CSR, the Early Withdrawal Penalty is 30 days interest.


Headquartered in Syracuse, New York, Money Federal Credit Union’s field of membership (FOM) is residency-based, with individuals who live, work, worship, or attend school in the Central New York State counties of Cayuga, Madison, Onondaga, or Oswego eligible to join.

Joining Money FCU and/or opening a Special rate CD can be done online, or in person at the sole New York branch located on Madison Street in Syracuse.

The Member Account application is also available for download, as is a Share Certificate application, both which can be returned in person, by mail, or by fax.

Money FCU is a member of the Co-Op Shared Branch Network, providing more than 5,000 locations country-wide for members to “have more direct access to their money than most traditional bank customers do.”

Credit Union Overview

Money Federal Credit Union has an overall health grade of "B+" at, with a Texas ratio of 2.34% (excellent) based on September 30, 2016 data. Money FCU has an excellent capitalization level (14.70%), a result of holding $40.16 million in assets with $5.9 million in equity. Please refer to our financial overview of Money Federal Credit Union (NCUA Charter # 22566) for more details.

Money Federal Credit Union was established in 1976 by Mutual of New York Life Insurance Company (MONY) employees. (The “Money” FCU name now makes sense.) In the past 40 years, Money FCU has expanded its FOM to include the residents of four Central New York counties.

How the Special Rate CD Compares

When compared to the similar length of term CDs tracked by that require a similar minimum deposit and are available within the FOM, Money Federal Credit Union's 6-month Special Rate CD APY currently ranks first.

The above rates are accurate as of 2/28/2017.

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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.