Money Market Account
A Money Market Account is perfect for the serious saver who wants to maximize earnings, minimize risk, and keep funds accessible. There is no penalty for withdrawal, and this account pays a higher dividend rate than our regular savings account as long as you maintain a minimum balance of $500. During any month that the average daily balance falls between $25 and $500, dividends will be paid at the regular savings account rate. When the balance is below $25 there are no dividends paid and a low balance fee will be charged to your account.
If you don’t have $500 to open a Money Market Account, you can open a Regular Savings Account with $25 and build your savings up to $500. Once you have saved $500, open a Money Market Account. You can easily save by having your money automatically deposited into either Savings Account through payroll deduction or automatic transfer.
All deposits in Members Credit Union are federally insured by the National Credit Union Administration, a U.S. Government agency, for up to $250,000.
How to Open an Account
To open an account you must be a member. Find out about membership eligibility on our Join MCU page. Print out a Membership Application and take it to the nearest MCU branch location. Existing members may fill out a Subsequent Action form to open new products. Call 1800-951-8000 (Monday-Friday, 8 a.m. to 5 p.m.) when you need assistance.