Meritrust Credit Union provides competitive interest rate with their short term and long term certificates of deposit. This money in the bank deal has the following current CD rates:

• 3 months        0.20% APY
• 6 months        0.30% APY
• 12 months      1.00% APY
• 24 months      1.00% APY
• 36 months      1.50% APY
• 60 months      2.50% APY

You can start earning this highest CD rates when you make an initial deposit of $500 to open an account. You also need to maintain this balance to earn these best interest rates. The earnings of this money in the bank deal are compounded and credited on your account every month. Please note that the interest rate of this CD account is subject to change anytime without prior notice.

A penalty may be imposed on your account if you withdraw funds before the maturity date. The amount of penalty will depend on the term of your certificate of deposit account. This CD account automatically renews once it reaches it’s maturity. A written notification will be sent to you to inform you about the maturity date and the grace period that will be given to you, for you to be able to make changes or withdraw funds without being charged of any penalty.

Membership with Meritrust Credit Union are open to anyone who live, work, worship, or attend school in the counties of Cowley, Pottawatomie, Sumner, Riley, Butler, Geary, Sedgwick, Dickinson, Harvey, Saline, Douglas, McPherson, Osage, Marion, Morris, and Chase in the state of Kansas. If you belong to one of the credit union’s select employee groups then you are eligible to join. Immediate family are also welcome to join.

Individuals who wants to apply for membership may complete the online application. You must open a share savings account which requires a minimum deposit of $25. You also need to submit valid photo ID as part of their requirement. If you still have questions or concerns with regard to their certificate of deposit rate, field of membership, or requirements you may call their customer service line at 800-342-9278.

You may visit one of the credit union’s office located in the cities of Lawrence, Wichita, Junction City, or Derby in the state of Kansas.

Meritrust Credit Union was opened in 1935. They have reached over $717 million in declared assets. The credit union is a member of the National Credit Union Association and has a charter number 63283.