Savings
$0 – $99.990.00%
$100 – $999.990.03%
$1,000 – $1,999.990.03%
$2,000 – $4,999.990.03%
$5,000 – $9,999.990.05%
$10,000 and over0.05%
Interest paid quarterly. Subject to change quarterly.
Savings
Open with $1 and own a piece of it.
A share savings account is what makes you a member rather than a customer. Dividends start at a $100 average daily balance and step up from there, there are no monthly fees, and every dollar is federally insured.
Share savings
The account that makes you an owner.
Every member starts here — it is the on-ramp to everything else MCCU offers.
$1 opens it
A single $1 deposit establishes your ownership share.
Dividends from $100
Balances under $100 earn no dividend; above it, your rate steps up as you save.
No monthly fee
No maintenance charge for keeping it open.
Insured to $250,000
Federally insured by NCUA, per account.
Overdraft backstop
Link it to checking to cover an overdraft for $3 per transfer.
One member, one vote
Ownership comes with a say in the cooperative.
Deposits
Savings rates
Tiered yields that grow with your balance.
IRA & Christmas Club
IRA Variable Rate Notice Account0.10% APY
Christmas Club0.05% APY
APY = Annual Percentage Yield. Rates are subject to change. Savings rates effective March 18, 2026; share certificate rates effective July 28, 2026; money market, checking, IRA and Christmas Club rates effective November 20, 2025. Federally insured by NCUA.
Compare accounts
Which savings account fits?
Five ways to save, all with no monthly service fee.
Primary Share Savings
- Minimum Deposit
- $1
- Interest Paid
- Based on Average Daily Balance over $100
- Monthly Service Fee
- No
- Early Withdrawal Penalty
- No
Secondary Share Savings
- Minimum Deposit
- $0
- Interest Paid
- Based on Average Daily Balance over $100
- Monthly Service Fee
- No
- Early Withdrawal Penalty
- No
Christmas Club
- Minimum Deposit
- $0
- Interest Paid
- Based on Average Daily Balance
- Monthly Service Fee
- No
- Early Withdrawal Penalty
- No
Money Market
- Minimum Deposit
- $0
- Interest Paid
- Based on Average Daily Balance
- Monthly Service Fee
- No
- Early Withdrawal Penalty
- No
Certificate of Deposit
- Minimum Deposit
- $500
- Interest Paid
- Based on Average Daily Balance
- Monthly Service Fee
- No
- Early Withdrawal Penalty
- Yes
| Feature | Primary Share Savings | Secondary Share Savings | Christmas Club | Money Market | Certificate of Deposit |
|---|---|---|---|---|---|
| Minimum Deposit | $1 | $0 | $0 | $0 | $500 |
| Interest Paid | Based on Average Daily Balance over $100 | Based on Average Daily Balance over $100 | Based on Average Daily Balance | Based on Average Daily Balance | Based on Average Daily Balance |
| Monthly Service Fee | No | No | No | No | No |
| Early Withdrawal Penalty | No | No | No | No | Yes |
The $1 minimum on Primary Share Savings is your membership share — it makes you an owner of the credit union. See the rates above for current dividends by balance tier. Federally insured by NCUA.
Saving for something bigger?
Two ways to earn more.
Ready to start saving?
Opening an account takes about five minutes.