Credit union · NCUA insured
MIT Federal Credit Union CD Rates
Top CarrotMIT Federal Credit Union’s best CD rate is 4.00% APY on a 15-month share certificate (CD). Terms run from 3 months to 5 years. Rates checked October 15, 2026.
How MIT Federal Credit Union’s CD rates compare
Compared with banks and credit unions near Boston, MA-NH, where MIT Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
MIT Federal Credit Union
4.00%APY
- Term
- 15 months
- Minimum
- $500
- Earns on $10,000
- $502
Certificates
Top rate
RiverWorks Credit Union
4.80%APY
- Term
- 6 months
- Minimum
- $500
- Earns on $10,000
- $237
2nd-highest rate
Arise Financial
4.75%APY
- Term
- 36 months
- Minimum
- $500
- Earns on $10,000
- $1,494
MIT Federal Credit Union CD score
81
CD score
Higher than 57% of U.S. banks and credit unions
- 3–8 months3–8 mo3.40%
- 9–15 months9–15 mo4.00%
- 16–30 months16–30 mo3.60%
- 31–60 months31–60 mo3.13%
- QualifiedQualified4.00%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where MIT Federal Credit Union ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Certificates
Up to 4.00%APY · 11 terms
Must maintain a minimum daily balance of $500.00 (for Regular share certificate types) in your account each day to obtain the disclosed APY. Federal Regulations require a substantial penalty on funds withdrawn prior to maturity for all Share Certificate accounts. Dividends are compounded daily and paid monthly. Share Certificate APY assumes dividends are retained in the Certificate.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 3 months3 Months High Yield. Not eligible for Traditional and Roth accounts | 3.10% | $77 |
| 6 months | 3.40% | $169 |
| 9 months | 3.25% | $243 |
| 10 months | 3.75% | $312 |
| 12 months | 3.25% | $325 |
| 15 months | 4.00% | $502 |
| 18 months | 3.60% | $545 |
| 24 months | 3.00% | $609 |
| 36 months | 3.00% | $927 |
| 48 months | 3.13% | $1,310 |
| 60 months | 3.00% | $1,593 |
Sources (1)
- mitfcu.org/bank/certificates · captured Oct 5, 2026
Special-purpose accounts
IRA Share Certificate
Up to 3.60%APY · 8 terms
May be used for Traditional and Roth accounts. Dividend Rate, APY, and earnings may vary for Traditional and Roth accounts. Federal Regulations require a substantial penalty on funds withdrawn prior to maturity for all Share Certificate accounts. Dividends are compounded daily and paid monthly. Share Certificate APY assumes dividends are retained in the Certificate.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 monthsMay be used for Traditional and Roth accounts | 3.40% | $169 |
| 9 monthsMay be used for Traditional and Roth accounts | 3.25% | $243 |
| 12 monthsMay be used for Traditional and Roth accounts | 3.25% | $325 |
| 18 monthsMay be used for Traditional and Roth accounts | 3.60% | $545 |
| 24 monthsMay be used for Traditional and Roth accounts | 3.00% | $609 |
| 36 monthsMay be used for Traditional and Roth accounts | 3.00% | $927 |
| 48 monthsMay be used for Traditional and Roth accounts | 3.13% | $1,310 |
| 60 monthsMay be used for Traditional and Roth accounts | 3.00% | $1,593 |
Sources (1)
- mitfcu.org/bank/certificates · captured Oct 5, 2026
Who can join MIT Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Open to anyone
- Anyone not qualifying through other groups can become a member by joining the American Consumer Council (ACC).
Employers and groups
- Employees of select Cambridge and Lexington businesses or partner associations are eligible for membership.
Military, government and schools
- Members of the MIT community, including employees, students, alumni, faculty, and staff, are eligible for membership.
Family and household
- Immediate family members (parents, siblings, children, grandparents, spouses), partners, roommates, and household members of eligible individuals can join.
Cost to join
- A savings share account with a minimum balance of $5.00 is required to establish and maintain membership.
Membership information collected October 5, 2026.