Top CD Rates at MPD Community Credit Union in Nashville - Local Only

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APYMINMAXINSTITUTIONPRODUCTDETAILS
1.06%$2,500-M.P.D. Community Credit Union36 Month Share Certificate
0.90%$2,500-M.P.D. Community Credit Union24 Month Share Certificate
0.80%$2,500-M.P.D. Community Credit Union18 Month Share Certificate
0.75%$2,500-M.P.D. Community Credit Union12 Month Share Certificate
Accounts mentioned in this post. Rates as of December 6, 2016.

MPD Community Credit Union is offering several competitive CD rates. The best include a 1.80% APY for a 1-year CD and 2.00% APY for a 2-year CD. Other notable rates include 2.11% APY for a 3-year CD and 1.90% APY for an 18-month CD. Minimum deposit is $2,500. These rates are listed in the credit union's savings rates page as of 1/13/2011.

As a comparison to internet banks on 1/13/2011, the best 1-year and 2-year CD rate are 1.41% APY and 1.60% APY at Bank of Internet USA. As a comparison to credit unions with easy membership, the best 1-year CD rate is 1.75% APY at Connexus Credit Union (requires active checking) and the best 2-year CD rate is 1.75% APY at Fort Knox Federal Credit Union.

Membership in MPD Community Credit Union is open to those who live, work, worship, attend school or conduct business in Davidson County, Tennessee. Please refer to the credit union's eligibility page for the full details. It was initially chartered to serve the Nashville's Metropolitan Police Department. A few years ago it expanded its field of membership to be community based.

It's a small credit union with two offices in Nashville. The credit union has an overall health score of 4 out of 5 with a Texas Ratio of 0.88% (excellent) based on September 2010 data. Please refer to our overview of MPD Community Credit Union for more details. The credit union is federally insured by the NCUA (Charter # 67979).

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Comments
6.06% 60-Month CD at a Tennessee CU (MPD Community)
MPD Community Credit Union continues to offer high yields on several share certificates. The highest is a 6.06% APY 60-month CD. Others include a 5.80% APY 48-month CD and a 5.54% 36-month CD. All have a minimum deposit requirement of $2.5K and according to the website, rates are subject to change every Wednesday and are based on the 13-Week T-Bill Discount Rate.

My last report on this credit union was in July. Rates have dropped since then.

The credit union has expanded its field of membership since July. It now includes those...



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6.05% 24-Month CD at a Nashville CU (MPD)
MPD Community Credit Union is offering high yields on several share certificates. The highest is a 6.05% APY 24-month CD. Others include a 5.79% APY 18-month CD and a 5.53% 12-month CD. All have a minimum deposit requirement of $2.5K.

I had reported on this credit union's high CD rates last March 12. The CD rates have continued to remain very competitive. The rates are changed weekly based on the 13-week T-Bill Discount Rate.

The credit union's field of membership includes employees of many police departments and businesses in Davidson County, Tennessee....



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5.56% 24-Month CD at a Nashville CU
MPD Community Credit Union is offering high yields on several share certificates. The highest is a 5.56% APY 24-month CD. Others include a 5.30% APY 18-month CD and a 5.04% 12-month CD. All have a minimum deposit requirement of $2.5K.

The credit union's field of membership includes residents of Davidson County, Tennessee along with employees of many police departments and businesses.

MPD Community is a small credit union with two branches in Nashville. It's NCUA insured with about 2,200 members and $11 million in assets.



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