Whether your credit union needs to fund loan demand
or simply invest surplus funds, SimpliCD can be the
key to your success.
SimpliCD is a Certificate of Deposit program that will
enable your credit union to invest substantial funds
in federally-insured institutions.
A complete investment system, SimpliCD combines the
safety of certificate investing with the performance
of competitive interest rates from nationwide issuers.
SimpliCD will search for the best rates, perform due
diligence and maintain all reporting requirements. Plus,
it will add diversity to your existing portfolio through
insured certificates with financial institutions while
assuring your adherence to Regulation 703 and other
With SimpliCD, we’ll provide you competitive,
exclusive rates on a daily basis, without devoting your
staff’s time and energy to find them. You can
base your investment decisions on sound options, familiar
procedures, and up-to-the-minute information in an easy-to-manage
program tailored to fit your changing needs.
SimpliCD can also give you an innovative way to fund
loan demand — without the additional effort needed
to bring your issues to market.
- Convenient, centralized way to raise funds, regardless
of the term or amount
- Access to a national market of credit union investors
- Assistance in developing the terms of issuance
- Easy, convenient settlement options
- No fee to your credit union
- SimpliCD complements your investment alternatives
and allows you to diversify while maintaining a trusted
relationship with MCCU.
SimpliCD Sign-up Forms
To sign up for the SimpliCD program, simply print the
following forms, complete, and mail or fax to:
Missouri Corporate Credit Union
2055 Craigshire Drive
St. Louis, MO 63146-4009
Fax (314) 439-2015