bank rates

Good CD Rates For Mississippi Residents

All Mississippians can take advantage of the strong 60-month CD rates at Mississippi Telco Federal Credit Union.

It pays 2.27% APY with a minimum deposit of $1,000.

The top nationally available 60-month CD rate on our CD Rates Leaderboard hasn’t seen a yield that high yet this year.

The current leader, the New York branch of the State Bank of India, pays just 1.86% APY — more than fourth-tenths of a percentage point less.

Mississippi Telco Federal Credit Union also offers above Leaderboard CD rates for two other terms, but they’re not quite as amazing.

It pays 1.51% APY for 30-month CDs, which is nearly a tenth of a percentage point higher than the current 36-month lead rate of 1.42% APY.

And it offers 1.31% APY for 24-month CDs. The nationally available rate for that term is 1.25% APY.

Both require a minimum deposit of $1,000 as well.

You have to be a member of Mississippi Telco Federal Credit Union to buy these certificates of deposit. Membership is open to those who live, work, worship, attend school or volunteer in certain areas of Pearl, Miss., as well as employees and their families and household members of affiliated select employee groups.

A map of the eligible areas and a list of those businesses and organizations are on the website.

Anyone in the state of Mississippi can join online by becoming a friend of the Richland Library. An individual membership costs $10, and an application form is on the website.

Membership in Mississippi Telco Federal Credit Union requires a $10 deposit in a share savings account.

Members can buy CDs online, over the phone or in person at the credit union’s single office, which is at 409 Riverwind Drive in Pearl.

Learn more about Mississippi Telco Federal Credit Union at or call 601-664-2085.

Compare these returns with the best CD rates from scores of banks in our extensive database.

Don't miss out on the next bank deal. Get the newest deals delivered straight to your inbox!

Comments (2)
1 Star2 Stars3 Stars4 Stars5 Stars (2 votes, average: 4.50 out of 5)
2 Existing Comments
  1. Kathy at Bankaholic said:
    on March 8th at 08:37 am

    Mississippi Telco has dropped some of its rates:
    60-month CDs now pay 2.02% APY.
    24-month CDs now pay 1.21% APY.

  2. Kathy at Bankaholic said:
    on April 26th at 06:28 am

    Mississippi Telco’s rates have dropped again:

    60-month = 1.91% APY
    30-month = 1.41% APY
    24-month = 1.10% APY