Carmel, Indiana Best CD Rates October 2026

Special; $250K+ balance

$250K +; Special rate for $250K+ balances

Available to members ages 17 & younger; maximum original principal balance of $5,000; APY based on $1,000 example

Penalty: 1% Prin., No Penalty After 30 Days

Min. Deposit $100,000; Dividend Rate / APY

VARIABLE RATE ACCOUT: rate is subject to change any time after account opening. Fees could reduce earnings. Please see our Rate & Fee Disclosure Statement for further information about fees potentially related to these accounts. Penalty varies based upon the term of the certificate (and may include principal) as follows: Under one year = the equivalent of 30 days' dividends; 12-36 months = the equivalent of 180 days' dividends; over 36 months = the equivalent of 365 days' dividends; Any Purpose Savings = the equivalent of 90 days' dividends. If funds are withdrawn before the maturity date, an early withdrawal penalty is applicable and may include principal. Any Purpose Savings Certificate: Allows accountholder to select a term ranging from 6 to 24 months. Upon renewal, will renew at a 3-month term. This certificate allows for the accountholder to add funds throughout the term of the certificate. IRA certificates exclude the Any Purpose Savings Certificate, 3 month Certificate and 11 month safety certificates.

Min. Deposit $250; Dividend Rate / APY

Effective Date: 02/01/2026; Penalty may be imposed for early withdrawal

Share Certificate; Min Deposit of $500 on all Certificate of Deposits

Dividend rate and APY as high as

Compounding Frequency: Maturity

Effective Date: October 01, 2026

APY with Bonus Rate: 1.60%

Minimum $500 Balance; Let the Lampco Lighthouse Light Guide you to the Best CD rates in Madison County; A penalty may be imposed for early withdrawal

Balance: $1,000.00 - $24,999.99

Balance: $1.00 - $999.99

Qualifications Required; Checking and Savings account, Debit card, currently have Direct Deposit; money must be new to MWFFCU; APR column shown as 4.50%; Penalty for early withdrawal is loss of 90 days dividends

See Below*

Dividends paid at end of each: Month; Withdrawal penalty on amount: See Below*

Non-Compounding Certificates available

Balance: $500 - $20,000

Guaranteed rate of return with flexible terms. All rates are Annual Percentage Yields.

Set aside money for retirement with our flexible CD options. All rates are Annual Percentage Yields.

Set aside money for retirement with our flexible CD options. All rates are Annual Percentage Yields.

New accounts only with $10,000 new money deposit

Featured rate from homepage banner; $500 minimum deposit

Balance: $50,000 & up; Dividends Paid Monthly

Traditional and Roth IRA; APY effective as of October 1, 2026; Primary members under 18 must have a $500 minimum deposit to open

Primary members under 18: $500 minimum deposit to open; APY effective as of October 1, 2026

Effective May 28, 2025; penalty imposed for early withdrawal

APY* footnote: APY=Annual Percentage Yield

There may be penalties for early withdrawal; A Regular Savings Account is required.

Certificate yields assume dividends compounded monthly; early withdrawal penalty applies

VARIABLE RATE ACCOUT: rate is subject to change any time after account opening. Fees could reduce earnings. Please see our Rate & Fee Disclosure Statement for further information about fees potentially related to these accounts. Penalty varies based upon the term of the certificate (and may include principal) as follows: Under one year = the equivalent of 30 days' dividends; 12-36 months = the equivalent of 180 days' dividends; over 36 months = the equivalent of 365 days' dividends; Any Purpose Savings = the equivalent of 90 days' dividends. If funds are withdrawn before the maturity date, an early withdrawal penalty is applicable and may include principal. Any Purpose Savings Certificate: Allows accountholder to select a term ranging from 6 to 24 months. Upon renewal, will renew at a 3-month term. This certificate allows for the accountholder to add funds throughout the term of the certificate. IRA certificates exclude the Any Purpose Savings Certificate, 3 month Certificate and 11 month safety certificates.

Available to members ages 17 & younger; maximum original principal balance of $5,000; APY based on $1,000 example