Have a question? Use the question bar above to search our database of public information. If you do not find what you are looking for, please submit your question to us so we can better satisfy your needs.




When it comes to Savings and Deposit rates, MECU has the competitive edge!*

Money Market rates of area financial institutions

Data compiled July 03, 2008***
Rates shown as annual percentage yields (APY)
Balance

MECU

M&T

Provident

Bank of America

Wachovia

$0 to $499
--
0.15
0.70
0.25
0.04
$500 to $9,999
1.51
0.15
0.70
0.25
0.04
$10,000 to $24,999
2.00
0.15
1.5
0.25
0.43
$25,000 to $49,999
2.30
0.15
1.35
0.25
0.50
$50,000 to $74,999
2.60
0.15
1.50

0.25

0.55
$75,000 to $99,999
2.60
0.15
1.50
0.25
0.55
$100,000+
2.85
0.15
1.50
0.25
0.92
 
Minimum opening deposit for a money market

MECU

M&T

Provident

Bank of America

Wachovia

Minimum balance of
$500
$2,500
$2,500
$2,500
$2,500
To avoid monthly fee of
$10.00
$10.00
$8.00
$10.00
$10.00
Minimum to open
$500
$2,500
$2,500
$1,000
$2,500
Note:
*This document is intended for comparative purposes only.  For complete details on various accounts including minimum balance to earn the advertised annual percentage yield, minimum opening deposit, rates and terms refer to the financial institution's current Truth in Savings Disclosure and Rate and Fee schedule.
Earnings on account could be reduced by fees.
Rates are current as of July 03, 2008 and are subject to change after account is opened.
Rates at some financial institutions may vary based on combinations of services members may have at those institutions.

***Source of data:  Rates of financial institutions compiled and reported by Informa Research Services, Inc., Calabasas, CA. www.informars.com.  Rates shown for MECU are effective July 03, 2008 and are subject to change.