Savings Accounts: Save now, enjoy later

Savings is the backbone of any financial plan, and at MCU, we have three great accounts to keep your money safe and working hard.

Best of all, though, your money’s safe here. Every account at Members Credit Union is insured by the National Credit Union Administration to at least $250,000 so you can put your money here with confidence, knowing that it’s safe.


Saving money is good, and this account makes it easy. Minimum opening balance is only $20 and dividends are paid quarterly on balances of $250 or more. There’s no service fee if you have total balances in all your MCU accounts of $100 or more, and you get six free withdrawals per quarter. This account holds your membership shares.

Special Savings

Need a better rate? Simply make a $500 opening deposit and RealRate Special Savings will pay you higher dividends. There’s no account fee and dividends are paid quarterly on balances over $500. Plus, you get six free withdrawals per quarter. Existing members can open a Special Savings account through Virtual Branch or visit one of our branches.

Money Market

The more you put into our RealRate Money Market, the more you earn! This is a “tiered” account, so as your balance increases, so does the rate you earn. It has a minimum opening balance of $2,500, and has five tiers of earning power. Again, there’s no account fee and you receive six free withdrawals per quarter.

Dollar Dog Kids Club

Help teach kids the value of saving money. With the Dollar Dog Kids Club, members receive an official membership card and new account packet and a piggy bank. For each deposit of $5 or more, they receive a gift and a paw print. Paw prints can then be redeemed for more prizes, the more paw prints, the bigger the prize! All it takes to open a Dollar Dog Kids Club account is $5, the standard membership fee is waived.

Education Savings Account

This is a smart way to save for your child’s education. The Educational Savings Account’s sole purpose is to help you pay for your child’s education expenses, such as tuition, fees, books, supplies and equipment.

Like a Roth IRA, your contributions to an ESA aren’t tax deductible, but the earnings grow tax free so long as the proceeds are used to pay educational expenses at any accredited elementary school, grade school, high school, or college.

You can contribute up to $2,000 per year (each child), and you can contribute to the account until the child reaches age 18.

Christmas Club Account

Save for the holidays, and earn a higher rate. A Christmas Club is designed to let you make deposits all year round but take the money out only once a year (in fact, there are fees for closing the account or making early withdrawals). It only takes $20 to get started and the balance of the account is transferred to your RealRate Savings on October 1st after dividends have been posted.

Certificates of Deposit

CD’s are a great way to earn our highest dividends on money that you might not need right away. You promise to leave your money with us for a term of 6 months to 5 years, and we’ll reward you handsomely. Plus, we have CD’s for your Individual Retirement Account(s) that are insured up to $250,000. Minimum deposit or opening balance is $1,000.

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