Top CD Rates at MyUSA Credit Union in Ohio


Deal Summary: Share Certificates – 12-month (0.95% APY), 18-month (1.00% APY), 24-month (1.06% APY), 36-month (1.11% APY), 48-month (1.16% APY), 60-month (1.26% APY), $500 minimum deposit.

Availability: Six Ohio Miami Valley counties

Ohio-based Heartland Federal Credit Union and MidUSA Credit Union recently merged and have rebranded as MyUSA Credit Union (MyUSA). All of its Share Certificates offer very competitive rates, with the shorter-terms having some of the highest rates available in the state of Ohio. The minimum opening deposit is $500, with no stated balance cap.

With the exception of the 18-month, all of the Share Certificates are available as IRA Certificates (Traditional and Roth), earning the same APYs with the same deposit requirements.

According to CSR, Share Certificates can only be closed early, with no partial withdrawals allowed. The Early Withdrawal Penalty for the 12- and 18-month Share Certificates is three months dividends, with the 24-, 36-, 48-, and 60-month Share Certificates losing six months of dividends.

American Share Insurance

MyUSA Credit Union is not federally insured nor insured by any state government, but is instead insured by American Share Insurance (ASI), a provider of private share insurance for credit unions. As stated on ASI’s website,

Coverage of $250,000 per account – not per individual.

When you insure your members’ deposits with American Share, more of their money is protected. American Share offers $250,000 coverage per account, with no limit to the number of accounts held by a member.

In addition to the standard ASI coverage, MyUSA also “carries addition insurance on members’ funds for a total of $500,000.”

For those not familiar with ASI, here are a few facts to help you decide if you’re comfortable with an ASI insured credit union:

  • ASI is the nation’s largest provider of private share insurance for credit unions.
  • ASI has been insuring credit unions since 1974.
  • Only ten states permit credit unions to be privately insured (Alabama, California, Idaho, Illinois, Indiana, Maryland, Nevada, Ohio, Texas, and Wyoming).
  • Privately insured credit unions are legitimate credit unions that are regulated by their home state.
  • ASI-only insured credit union liquidations have been rare, with only three occurring between 2009 and 2014: Cumorah Credit Union, Nevada (2009); USA One National Credit Union, Illinois (2012); and Bensenville Community Credit Union, Illinois (2014).

The above facts are intended as neither endorsement or objection to ASI or ASI insured credit unions.


Headquartered in Dayton, Ohio, MyUSA Credit Union’s field of membership (FOM) is community based, offering membership to individuals who live, work, worship, or attend school in the Ohio counties of Butler, Clark, Greene, Miami, Montgomery, or Warren.

Joining MyUSA can be done online, or at any of five Ohio branches located in Dayton, Kettering, Moraine, Piqua, and Springfield. Starting on September 1, 2021, members will have access to the five former MidUSA CU Ohio branches located in Kettering, Middletown (2), Trenton, Vandalia.

CSR stated that those who are joining MyUSA and wish to open a Share Certificate must come into a branch “in order to establish their identify.” Once a membership has been established and identify has been verified, members can open a Share Certificate over the phone (937.294.1991), through the It’s Me 247 online banking platform, or at any of the above-mentioned branches.

A $5 deposit in our Regular Savings Account establishes your membership with MyUSA Credit Union.

MyUSA participates in both the CO-OP Shared Branching and ATM networks.

Credit Union Overview

While the merger between Heartland FCU and MidUSA CU was effective July 1, 2021, it will be a couple of months before the data integration is complete, including financial health information provided by NCUA. Heartland FCU has updated its website to reflect the new name, logo, merger information, etc., but MidUSA CU’s website has yet to be updated. Rather than do a combined overview with estimated percentages, I’ve chosen to present the current data from NCUA.

MyUSA (Heartland FCU) Credit Union has an overall health grade of "A+" at, with a Texas Ratio of 1.54% (excellent) based on March 31, 2021 data. In the past year, the credit union has increased its total non-brokered deposits by $21.8 million, an excellent annual growth rate of 25.19%. Please refer to our financial overview of MyUSA Credit Union (NCUA Charter # 264) for more details.

MidUSA Credit Union has an overall health grade of "A+" at, with a Texas Ratio of 2.33% (excellent) based on March 31, 2021 data. In the past year, the credit union has increased its total non-brokered deposits by $22.12 million, an excellent annual growth rate of 12.42%. Please refer to our financial overview of MyUSA Credit Union (NCUA Charter # 96755) for more details.

Heartland FCU (originally known as Dayton Telco Employees Federal Credit Union) and MidUSA Credit Union (originally known as Armco Employees Credit Union) are contemporaries, having been established in 1935 and 1934, respectively. According to a June 2021 Dayton Business Journal article,

James Miles, president and CEO of MidUSA Credit Union, will be CEO of MyUSA. Ron Huist, president and CEO of Heartland Federal, will be president and chief operating officer.

"This new partnership brings together a combined total of more than 170 years of financial success with no staff being displaced, and no offices closed or services ending," Miles said in a statement. "The future is bright for our members, staff, and the communities we serve."

Based on current NCUA information, MyUSA Credit Union will be the 26th largest credit union headquartered in Ohio, with nearly 23,000 members and assets in excess of $353 million.

How the Share Certificates Compare

When compared to the similar length-of-term CDs tracked by that are available within the FOM and require a similar minimum deposit, MyUSA Credit Union's 12-, 18-, 24-, 36-, 48-, and 60-month Share Certificate APYs all currently rank either first or second.

The above rates are accurate as of 7/29/2021.

Looking for the best CD rates, either nationwide and state specific? Please refer to our CD Rates Table page.

Related Pages: Dayton CD rates, 1-year CD rates, 5-year CD rates


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