Vibe CU (MI) Raises Rates on 48- And 60-Month CDs To Competitive Level



Residents of Michigan’s Lower Peninsula.

Yesterday, Vibe Credit Union raised the rates on its 48-month CD (2.00% APY) and 60-month CD (2.50% APY). The minimum opening deposit for either CD is $500, with no maximum balance cap.

As stated on Vibe Credit Union’s CD page, the Early Withdrawal Penalty reads as follows:

If any or all of the certificate principal amount is withdrawn before the Maturity Date, a penalty will be charged. The amount of the penalty shall be 90 days interest on 12-month CDs and 180 days interest on all others.
1.80%$500-Vibe Credit Union60 Month CD
1.50%$500-Vibe Credit Union48 Month CD
Accounts mentioned in this post. Rates as of October 23, 2016.


Changes in Vibe Credit Union’s charter has opened membership to the vast majority of Michigan’s residents: if you live, work, worship or attend school in any county in the Lower Peninsula of Michigan, you are eligible for membership.

Retirees of Michigan Bell, SBC, Ameritech, AT&T, or Western Electric qualify for membership, as do any relative of a current Vibe member or non-relative living in the same household.

Joining Vibe Credit Union and/or opening a CD can be done online, or by visiting of any of ten branches located in Berkley, Birmingham, Canton, Livonia, Novi (2), Royal Oak, South Lyon, Southfield and Sterling Heights. Vibe Credit Union also participates in the Shared Branch Location program, with 13 Family Service Center Locations in the Detroit Metro area.

Credit Union Overview

Vibe Credit Union has an overall health grade of "A" at, with a Texas ratio of 3.18% (excellent) based on September 30, 2014 data. Vibe Credit Union has an excellent capitalization level of 17.04%, a result of holding $413.96 Million in assets, with $70.55 Million in equity. Please refer to our financial overview of Vibe Credit Union for more details.

In 1936, ten employees of the downtown Detroit office of Michigan Bell Telephone Company founded the Telephone Employees Credit Union, after chipping in $10 each. In 1982, after Michigan Bell was broken into separate, the credit union name was changed to Telcom. The name continued to imply (erroneously) that the credit union was only for members of the telecom industry. The Credit Union was re-branded "Vibe" in 2013 and the field of membership was greatly expanded; today Vibe Credit Union has over 31,000 members and assets in excess of $413 Million.

How the CDs Compare

When compared to other similar length-of-term CDs tracked by, that require a similar minimum deposit and available to Michigan residents, Vibe Credit Union's 60-month CD tops the list and the 48-month ranks within the top four.

The above rates are accurate as of 1/22/2015.

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

5.25% 61-Month / 5.25% 18-Month CD at a Michigan CU - Easy Membership (Telcom)
Telcom Credit Union has two special CDs both with a yield of 5.25% APY. One has a term of 18 months and a minimum deposit of $2,500, and the other has a term of 61 months and a minimum deposit of $5,000.

This 61-month special CD has had higher rates in the past (6% in July 2007 and 6.25% in September 2006). Nevertheless, the current 5.25% APY is still very competitive in today's rate environment.

Membership is open to everyone by virtue of a $2 donation to the Salvation Army Bed and...

Continue Reading
6.00% 61-Month CD at a Michigan CU (Telcom)
Telcom Credit Union is offering a special 6.00% APY 61-month certificate of deposit. The minimum deposit is $5,000. It's only available to existing members or new members who are Michigan residents.

The credit union has offered similar specials in the past. Last September it had a 6.25% 61-month CD special. This is the first time I've noticed that they've restricted the special to Michigan residents. With such easy eligibility, perhaps they had too many out-of-state people taking advantage of past specials.

The Field of membership is open to everyone by virtue of...

Continue Reading
5.75% 13-Month CD at a Michigan CU (Hometown Community)
Hometown Community Credit Union is offering a 5.75% APY 13-month certificate. The minimum deposit is $2,500. It's available through December 31, 2006.

The field of membership includes those who live, work or attend school in parts of Oakland and Wayne County of Michigan. Retirees who live in or belong to a retirement organization in the county of the credit union's main office or in neighboring counties are also eligible. See site for details. The main office is located in Novi, Michigan with a branch office in Livonia.

The credit union is NCUA...

Continue Reading
6.00% 70-Month CD at a Michigan CU - Open To All (Telcom).
Telcom Credit Union is offering a 6.00% APY 70-month certificate of deposit. This special is only for this week. It ends on November 18, 2006. According to their CD description page, the early withdrawal penalty is 180 days of interest.

This credit had been offering a 6.25% 61-month CD in September. The rates of the standard CD's have gone down, but are still competitive. The best one is currently a 5.75% APY for a 60-month term (see rates page).

The field of membership is open to everyone by virture of a $2...

Continue Reading
6.25% 61-Month CD at a Michigan CU - Open To All (Telcom)

Telcom Credit Union is offering a 6.25% APY 61-month certificate. The minimum deposit is $2.5K. This 6.25% rate requires a checking account and direct deposit. You can still get 6% without the checking account and direct deposit. The 0.25% bonus rate is available on all of the CDs with a checking account and direct deposit. The CD is also available on IRA accounts. The early withdrawal penalty equals 180 days of interest.

The field of membership is open to everyone by virture of a $2 donation to the Salvation Army Bed...

Continue Reading

More Past Offers