Current Rates
Deposit Rates
| Deposit Rates | |||
| Effective Date: Saturday, July 31st, 2010 | |||
| Account Type | Rate (APY) | Compounding | Minimum to Earn |
| Share (Savings) | .15% | Monthly | $5.00 Minimum $300 To Earn |
| Senior Share (Savings) | .15% | Monthly | $2,000 Minimum |
| Share Draft (Checking) | Non-interest bearing | Monthly | $0.00 |
| Investment Draft | .15% .35% |
Monthly | $2,500 Minimum Over $10,000 |
| High Yield | 0.25% 0.35% 0.45% |
Monthly | $2,500 Over $25,000 Over $50,000 |
| Christmas Club | .15% | Quarterly | $1.00 Minimum |
| Vacation Club | .15% | Semi-Annual | $1.00 minimum |
| Money Management | Non-interest bearing | $0.00 | |
| Business Share | .15% | Compounded Daily Paid Monthly |
$5.00 Minimum $300 To Earn |
| Business Basic Draft | Non-interest bearing | N/A | $5.00 + first share draft order Non-interest bearing |
| Business Plus Draft | .25% | Compounded Daily Paid Monthly |
$2500 Minimum opening balance $2500 to earn interest |
| .25% | $10,000 | ||
| .50% | $50,000 | ||
| .75% | $100,000 | ||
| *If average daily balance falls below $2,500 in Investment Checking account, a $10 fee will be issued. | |||
| **Business Basic Draft Account: $5.00 monthly fee is waived with a balance over $100. Over 500 items monthly incurs .20 per item fee | |||
| **Business Plus Draft Account: $15.00 monthly fee is waived with a balance over $2500. Over 50 items monthly incurs .15 per item fee | |||
| Certificate Rates | |||
| Effective Date: Saturday, July 31st, 2010 | |||
| Certificate Type | Rate (APY) | Compounding | Minimum Deposit |
| YOUTH CD 12 Month | 0.50% | Monthy | $250 |
| YOUTH CD 24 Month | 0.75% | Monthly | $250 |
| YOUTH CD 36 Month | 1.25% | Monthly | $250 |
| 3 Month | 0.15% | Monthly | $1,000 |
| 3 Month | 0.15% | Monthly | $10,000 |
| 6 Month | 0.15% | Monthly | $1,000 |
| 6 Month | 0.20% | Monthly | $10,000 |
| 12 Month | 0.40% | Monthly | $1,000 |
| 12 Month | 0.45% | Monthly | $10,000 |
| 18 Month | 0.70% | Monthly | $1,000 |
| 18 Month | 0.90% | Monthly | $10,000 |
| 24 Month | 0.90% | Monthly | $1,000 |
| 24 Month | 1.00% | Quarterly | $10,000 |
| 36 Months | 1.40% | Monthly | $1,000 |
| 36 Months | 1.50% | Quarterly | $10,000 |
| 48 Months | 1.80% | Monthly | $1,000 |
| 48 Months | 2.00% | Quarterly | $10,000 |
| 60 Months | 2.40% | Monthly | $1,000 |
| 60 Months | 2.65% | Quarterly | $10,000 |
| BONUS CD 3 Months | 0.20% | Monthly | $25,000 |
| BONUS CD 6 Months | 0.30% | Monthly | $25,000 |
| BONUS CD 12 Months | 0.60% | Monthly | $25,000 |
| BONUS CD 18 Months | 1.00% | Monthly | $25,000 |
| BONUS CD 24 Months | 1.25% | Quarterly | $25,000 |
| BONUS CD 36 Months | 1.60% | Quarterly | $25,000 |
| BONUS CD 48 Months | 2.35% | Quarterly | $25,000 |
| BONUS CD 60 Months | 2.75% | Quarterly | $25,000 |
| IRA CD 6 Months | 0.25% | Quarterly | $500 |
| IRA CD 12 Months | 0.75% | Quarterly | $500 |
| IRA CD 24 Months | 1.35% | Quarterly | $500 |
| IRA CD 36 Months | 1.60% | Quarterly | $500 |
| IRA CD 48 Months | 2.35% | Quarterly | $500 |
| IRA CD 60 Months | 2.75% | Quarterly | $500 |
Loan Rates
| Loan Rates | |
| Effective Date: Saturday, July 31st, 2010 | |
| Loan Type | Rate (APY) |
| New Auto Loans | As low as 5.75% |
| Snowmobiles, watercraft, motorcycles, 4-wheelers | As low as 5.75% |
| Used Auto Loans | As low as 6.49% |
| Personal Loans | As low as 10.25% |
| Educational Loans | As low as 9.25% |
| Recreational Vehicle Loans | As low as 8.75% |
| (boats,travel trailers,motor homes) | |
| Home Equity Loans Click here to view Disclosure Information |
Wall Street Prime +0 |
| Revolving Line-of-Credit Loans | As low as 9.00% |
| Mortgage Loans | Changes frequently, please contact a loan officer |
| Loyalty Bonuses | ||
| Account Type | Rate | Term |
| Jumbo CD Bonus: Level 1 | Add .10% | $100,000 & Over |
| Jumbo CD Bonus: Level 2 | Add .10% | $200,000 & Over |
| New Money Bonus | Add .10% | For money not currently on deposit at MCCCU, over $5000 |
| Loan Bonus | Add .10% | If you have a mortgage/HELOC with a balance over $10K |
| Draft Account* | Add .05% | |
| Money Mgt/ High Yield/ Senior Saving** | Add .05% | |
| Direct Dep | Add .10% | |
| eStatements | Add .25% | |
| Debit Card | Add .10% | |
| New Checking | Add .10% | |
| Bill Pay | Add .10% | |
| Additional Loan** | .10% off | |
| Mortgage*** | .20% off | |
* All CDs not on special have a Maximum Loyalty Bonus of .20%. Jumbo CD Bonus applicable on all new CDs over $100,000. IRA CDs are also included in the Loyalty Bonus program.
*Active Draft Account qualifies as having ACH activity within the last 90 days with a positive balance or a new draft account with a minimum of $500 on deposit.
** Money Management Account must be active account with balance over $300.00
***Youth CD available for members 17 years and under; Youth cannot select term that matures past 18th birthday; Certificate must be opened under youth's name and SSN; Must have the same joint member that is on savings account with them.
Click here to view Disclosure Information
A penalty may be imposed for early withdrawal.
Note: APY (Annual Percentage Yield) means a percentage rate reflecting the total amount of dividend/interest paid on an account, based on the rate and the frequency of compounding for a 365 day period and calculated according to the rules of the Truth in Savings regulation.
The dividend rate and annual percentage yield may change every month. We may change the dividend rate for your account as determined by the credit union Board of Directors. Contact the credit union to inquire.
Fees may reduce earnings on accounts.
*Draft Account qualifies as having ACH activity within the last 90 days with a positive balance or a new draft account with a minimum of $500 on deposit. Loyalty bonus not valid on specials.
** Additional loan must be current with a balance (mortgage not included)
***1st/2nd mortgage or HELOC above $10,000 held at MCCCU, not a third party
Maximum interest rate decrease 0.50%
