Bump-Up Certificate of Deposit (CD)

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Lock in higher yields now. Raise your interest rate later.

A MECU Credit Union Bump-Up CD puts you in the driver's seat by allowing you to step up to a higher interest rate once or twice during your CD's term.
CD Terms of 24, 36, 48, or 60 months
Choose when to lock in a higher interest rate3
CDs offer steady savings growth over your full term

It's the investment that comes with a big upside

With most CDs, the rate you start with is the one you finish with. But that's not the case with a Bump-Up CD. These unique investments allow you to take advantage of rising interest rates. You can choose to bump up your rate twice on a 48- or 60- month certificate and once on a 24- or 36-month CD.
  • $500 minimum opening deposit1
  • Even if rates drop, your money will continue to earn the higher rate
  • Available as Fixed or Traditional IRA CDs2
  • Watch your saving grow with Online Banking or Mobile Banking

Already a MECU member? Follow the below steps to open your CD:

  • Log in to Online Banking
  • Navigate to "Apply for a Loan or Account"
  • Select "Open an Account"
  • Click "Secondary Account"
Choose the savings account(s) you want to open and complete your application.
Banking with MECU Credit Union in Maryland means belonging to a local financial institution that invests in the Baltimore community and offers competitive rates on CDs and other savings accounts.
1 Minimum balance to earn stated APY
2Early withdrawal penalty may be imposed for withdrawal of principal before the maturity date.
3If you choose to exercise the rate increase option, the new interest rate and APY will be in effect for the remainder of the CD term.
Roth IRA not applicable for this product.