Money One Federal Credit Union Has 3-Year IRA Special, 3.60% APY


Deal Summary: 3-year IRA Certificate Special, 3.60% APY, new money, no min/$250k max deposit.

Availability: Residents of 25 named communities in Prince Georges County, Maryland; 100+ SEGs, easy membership requirement with one-time donation to Easter Seals (in-person visit required with proof of donation).

As DA reader, CapitalClimate, noted in a Forum post, Money One Federal Credit Union (Money One FCU) is currently promoting a 3-year IRA Certificate Special (Traditional and Roth) earning a very competitive 3.60% APY.

This limited-time offer has no minimum deposit requirement, but is capped at $250k and requires new money.

Money already on deposit at Money One is considered
existing money and does not qualify for this certificate offer.

As stated in the fine print on the IRA Certificate Special landing page, the Early Withdrawal Penalty reads as follows:

There is a 180-day dividend penalty for early
withdrawal which could reduce your principal investment.


Headquartered in Largo, Maryland, Money One Federal Credit Union’s field of membership (FOM) offers four ways for U.S. citizens and resident aliens to join.

Residency: Individuals who live in any of 25 named communities in Prince Georges County (MD), based on Zip Codes, are eligible to join.

Employment/Affiliation: Employees or members of nearly 100 companies, churches, and organizations also qualify for membership.

Relationship: Immediate family members (parents, children, siblings, grandparents, grandchildren, including step relations) and household members of current Money One members or membership-eligible individuals are welcome to apply.

Almost Easy Membership: For individuals who do not qualify through any of the above methods, joining Gifts for Easter Seals qualifies for membership, but (and this is the “almost easy” part) you must bring proof of your donation to a branch location.

I do want to participate in MONEY ONE FCU’s GIFTS FOR EASTER SEALS program.
I understand by making this one-time membership donation that I am eligible to become a member of Money One FCU.

Joining Money One FCU and/or opening IRA Certificate Special can be done online, or at either of the two Maryland branches located in College Park and Largo.

Credit Union Overview

Money One Federal Credit Union has an overall health grade of "C+" at, with a Texas Ratio of 16.98% (above average) based on September 30, 2018 data. Money One FCU has an above average capitalization level (10.60%), the result of holding $131.39 million in assets with $13.93 million in equity. Please refer to our financial overview of Money One Federal Credit Union (NCUA Charter # 7264) for more details.

Originally established in 1951 for the benefit of Safeway (grocery store) employees, Money One Federal Credit Union is currently Maryland’s 32nd largest credit union, with more than 12,600 members. As more of a “David” than a “Goliath” in the world of consumer finance, Money One FCU is collaborating with “several CUSOs including member business lending, disaster recovery and mortgage origination and servicing, the latter alliance in place because the credit union is too small to have a mortgage division on its own.”

According to Money One FCU’s President/CEO, Beverly Zook,

Collaborating with CUSOs allows us to get the economies of scale of larger credit unions. Money One, at $105 million, is still considered small in the banking world. (Collaboration) allows us to compete with mega banks for consumers who think they can’t get (products and services) at smaller credit unions.

How the IRA Certificate Special Compares

When compared to 231 similar length-of-term IRAs tracked by requiring a similar minimum deposit and available within the FOM, Money One Federal Credit Union’s 3-year IRA Certificate Special APY currently ranks first.

The above rates are accurate as of 1/31/2019.

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

Related Pages: Washington banks, IRA CD rates

Money One FCU (Washington DC Area) Adds 18-Month CD Special
Deal Summary: 18-month Certificate Special, 1.80% APY, new money, no minimum/$250k maximum.

Availability: Residents of 25 named communities in Prince Georges County, Maryland; 100+ SEGs, easy membership requirement with one-time donation to Easter Seals (Credit Union branch visit required with proof of donation).

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Hot 19-Month CD Special at Money One Federal Credit Union

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More Past Offers

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