Savings Accounts

Regular Savings Account

Just $5 and you unlock all the savings. With a minimum balance of $5, you are eligible for MCU’s wide variety of products and services including discounts on CarFax reports, free financial counseling, low loan rates and more! 

Your savings will start earning dividends with a balance of $100 or more. Dividends are calculated daily and credited to your account quarterly.

Youth Savings Account

Teach the value of money early. Help a child in your life start building smart financial habits early with our High-Interest Youth Savings Accounts! Designed for young savers, this account offers competitive interest rates that reward kids and teens for saving. With no monthly fees and flexible deposit options, it’s easy for young members to watch their savings grow.

Whether they’re saving for a special purchase or learning the value of financial responsibility, our High-Interest Youth Savings Account is the perfect way to set them up for a bright financial future! 

Members under the age of 18 are required to have an adult member as a joint owner on the account. Custodial accounts will allow parents to save without the child having access to the funds in the account. Dividends are calculated daily and credited to your account quarterly. 

Don’t miss our other great resources for youths:

• Save for college – Coverdell Educational Savings Account
• Pay for college – ISL Education Lending Student Loans
• Financial Education – visit our Financial Smarts page for financial wellness tools for all ages. Find money games for little kids, preparing teens for their first job, learning about credit scores, scholarship listings, and so much more.

Christmas Club

Add the happy back into your holidays. Take the stress out of holiday spending with our Christmas Club Savings Account! Designed to help you save for the holidays, this account locks in your funds throughout the year, making it easier to build a holiday budget without the temptation to dip into your savings early. With automatic deposits and no monthly fees, you’ll be ready to cover gifts, travel, and festive expenses when the season arrives—without the financial strain. Start saving today and give yourself the gift of a debt-free holiday season!

Deposits can be made automatically through online banking or your payroll direct deposit. Balances are available to you on October 1st each year. An early withdrawal fee is charged to help keep your savings on track. Dividends are calculated daily and credited to your account quarterly.

Vacation Club

Your dream vacation awaits. White sandy beaches, majestic mountain tops, bustling cities or Disney World, whatever your dream vacation, Vacation Club can help get you there. Easily set aside money every month with automatic deposits set up in online banking or direct through your payroll deposit. 

This account follows the same rules and offers the same benefits as our regular savings account. 

Organizational Accounts

Organize your club’s finances. From bowling leagues to non-profit groups, secure your organization’s financial future with our Organization Savings Account. Designed to support nonprofits, clubs, small businesses, and community groups in managing their funds effectively. With competitive interest rates, no hidden fees, and flexible access, this account helps your organization grow its savings while keeping funds safe.

In order to qualify for the Organizational Club, the majority of the individuals listed on the account must fall into MCU’s field of membership. Standard savings dividends apply. 

Funeral Trust Accounts

Save for the unexpected. Plan ahead and give your loved ones peace of mind with our Funeral Trust Account. This dedicated savings account allows you to set aside funds specifically for funeral expenses, providing financial security and relieving your family from the burden of managing costs during a difficult time.

With guaranteed protection, flexible funding options, and the ability to tailor the account to your personal wishes, our Funeral Trust Account is a thoughtful way to plan for the future, offering you and your family the comfort of knowing everything is taken care of.