Savings Accounts

Our Share Draft accounts are a great place to safely hang on to your savings.

MECU has several savings account options to earn interest, grow your savings, and make your money work for you.

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Regular Savings

We call them Share Draft accounts. You will call them awesome!

We understand the old adage of a penny saved is a penny earned. You’ve worked hard for your money, save it in a MECU Savings account.

With an initial deposit of $5, as your share in the credit union, you become an invested member not just another customer. And with no annual fees you keep what you save!

Features:

  • Quarterly Dividends
  • Competitive Rates
  • Online Banking
  • Mobile Banking
  • Remote Deposit Capture
  • E-Statements
  • Online Bill Pay
  • 24 Hr Telephone Service
  • Nationwide Access through
  • Share Branching Co-Op

Get a return on your savings account and make that money grow.

Our Gold Savings account is a smart way to earn a higher dividend without tying up your funds.

As long as you maintain a minimum daily balance of $25,000 or more, your account earns dividends. If the balance falls below the minimum amount, don’t worry, there is no penalty. Minimum opening deposit: $25,000.

Features:

  • Higher Paying, Competitive
  • Dividends
  • Dividends Paid Quarterly
  • Accessible Funds
  • No Monthly Service Fee (other fees may apply)
  • Online Banking
  • Mobile Banking
  • Remote Deposit Capture
  • E-Statements
  • Online Bill Pay
  • 24 Hr Telephone Service
  • Nationwide Access through
  • Share Branching Co-Op

Some services may be cancelled at any time at MECU’s discretion.

MECU CD’s allow you the benefits of investing with a modest minimum opening deposit of just $1,000.

Terms range from 6 months to 60 months so you choose how long you want to invest. For your convenience, your CD can automatically renew at maturity. The automatic renewal is based on the original term of investment and would be at the current rate in effect at the time of renewal. MECU offers a 10 day grace period should you elect to renew for a longer or shorter term of investment or should you elect to make other changes to the investment.

Features:

  • No Monthly Service Fee (early withdrawal penalty may apply)
  • Competitive Fixed Rates
  • Online Banking
  • Mobile Banking
  • Remote Deposit Capture
  • E-Statements
  • Online Bill Pay
  • 24 Hr Telephone Service
  • Nationwide Access through Share Branching Co-Op

Retirement savings is a vital step for everyone wanting to enjoy life for the long-term.

With an initial deposit as low as $25, you can start your tax-deferred MECU Investment Retirement Account (IRA) today. IRA’s allow you to save for your retirement one step at a time through payroll distributions or in-person deposits within contribution limits.

Features:

  • Quarterly Dividends
  • No Monthly Service Fee (early withdrawal penalty may apply)
  • Online Banking
  • Mobile Banking
  • Remote Deposit Capture
  • E-Statements
  • Online Bill Pay
  • 24 Hr Telephone Service
  • Nationwide Access through Share Branching Co-Op

It’s a Investment Retirement Account Certificate of Deposit designed to benefit you.

MECU IRA CD’s allow you the benefit of investing for your retirement while taking advantage of our CD rates! With a minimum opening deposit of just $1,000 and terms ranging from 6 to 60 months, you can grow your retirement savings with our competitive rates.

Features:

  • Quarterly or Monthly Dividends
  • Competitive Fixed Rates
  • No Monthly Service Fee (early withdrawal penalty may apply)
  • Online Banking
  • Mobile Banking
  • Remote Deposit Capture
  • E-Statements
  • Online Bill Pay
  • 24 Hr Telephone Service
  • Nationwide Access through Share Branching Co-Op
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The link to this website is not an endorsement of this third party by MECU. The privacy and security practices of the third party may be different from that practiced by MECU. You should take time to review the privacy and security policies of any website before providing any information to any third party.

You are leaving our site

By clicking on this link you are being directed to a third party website that is not controlled or operated by MECU.
MECU is not responsible for the content of the third party website and does not represent either the third party or the member should the two enter into any type of transactional relationship.

The link to this website is not an endorsement of this third party by MECU. The privacy and security practices of the third party may be different from that practiced by MECU. You should take time to review the privacy and security policies of any website before providing any information to any third party.

You are leaving our site

By clicking on this link you are being directed to a third party website that is not controlled or operated by MECU.
MECU is not responsible for the content of the third party website and does not represent either the third party or the member should the two enter into any type of transactional relationship.

The link to this website is not an endorsement of this third party by MECU. The privacy and security practices of the third party may be different from that practiced by MECU. You should take time to review the privacy and security policies of any website before providing any information to any third party.

You are leaving our site

By clicking on this link you are being directed to a third party website that is not controlled or operated by MECU.
MECU is not responsible for the content of the third party website and does not represent either the third party or the member should the two enter into any type of transactional relationship.

The link to this website is not an endorsement of this third party by MECU. The privacy and security practices of the third party may be different from that practiced by MECU. You should take time to review the privacy and security policies of any website before providing any information to any third party.