Credit union · NCUA insured
MMEFCU CD Rates
MMEFCU’s best CD rate is 0.60% APY on a 30-month share certificate (CD). Terms run from 3 months to 30 months. Rates checked October 15, 2026.
How MMEFCU’s CD rates compare
Compared with banks and credit unions near Memphis, TN-MS-AR, where MMEFCU has the most branches. $10,000, best rate first.
This credit union’s best
MMEFCU
0.60%APY
- Term
- 30 months
- Requires
- None
- Minimum
- $5,000
- Earns on $10,000
- $151
Certificate
Top rate
Paragon Bank
4.39%APY
- Term
- 13 months
- Requires
- Another account
- Minimum
- $1,000
- Earns on $10,000
- $476
2nd-highest rate
UT Federal Credit Union
4.25%APY
- Term
- 7 months
- Requires
- None
- Minimum
- $5,000
- Earns on $10,000
- $246
MMEFCU CD score
60
CD score
Higher than 2% of U.S. banks and credit unions
- 3–8 months3–8 mo0.05%
- 9–15 months9–15 mo0.37%
- 16–30 months16–30 mo0.60%
- QualifiedQualified0.60%
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 MMEFCU 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.
Certificate
Up to 0.60%APY · 5 terms
| Term | APY · $500 and up | APY · $1,000 and up | APY · $5,000 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|---|
| 3 months | 0.05% | — | — | 0.05% | $1 |
| 6 months | 0.05% | — | — | 0.05% | $2 |
| 12 months | 0.07% | 0.37% | — | 0.07%0.37% from $1k | $7 |
| 24 months | — | — | 0.55% | 0.55% | $110 |
| 30 months | — | — | 0.60% | 0.60% | $151 |
Sources (1)
- mmefcu.org/rates.html · captured Oct 5, 2026
Special-purpose accounts
IRA
Up to 0.60%APY · 5 terms
| Term | APY · $500 and up | APY · $1,000 and up | APY · $5,000 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|---|
| 3 months | 0.05% | — | — | 0.05% | $1 |
| 6 months | 0.05% | — | — | 0.05% | $2 |
| 12 months | 0.07% | 0.37% | — | 0.07%0.37% from $1k | $7 |
| 24 months | — | — | 0.55% | 0.55% | $110 |
| 30 months | — | — | 0.60% | 0.60% | $151 |
Sources (1)
- mmefcu.org/rates.html · captured Oct 5, 2026
Who can join MMEFCU
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees of NIDEC Motor Corporation, Regional One Health, Hi-Speed Electrical, or Family Home Health Agency are eligible for membership.
Military, government and schools
- Employees of City of Memphis, Memphis-Shelby County Airport Authority, Memphis Housing Authority, or Shelby County Government are eligible for membership.
Family and household
- Immediate family members (defined as spouse, children, parents, grandparents, grandchildren, brothers, and sisters) of eligible individuals are eligible for membership.
Other ways
- A Christian of any denomination is eligible for membership.
Cost to join
- Eligibility through Christian affiliation requires a minimum deposit of $30.00, including a non-refundable Christian Benevolent fee of $16.00, a membership fee of $9.00, and a minimum deposit of $5.00.
- Eligibility through sponsor employment requires a minimum deposit of $14.00, consisting of a non-refundable membership fee of $9.00 and a minimum share savings deposit of $5.00.
Membership information collected October 5, 2026.