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

Savings Account  rates of area financial institutions

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

MECU Base Share Savings

 M&T Personal Statement Savings Provident Consumer Savings Bank of America Regular Savings

Wachovia Premium Savings
$0 to $9,999
1.51
0.15
0.25
0.20
0.25
$10,000 to $24,999
1.51
0.20
0.35
0.50
0.55
$25,000 to $49,999
1.51
0.20
0.45
0.50
0.65
$50,000 and over
1.51
0.20
0.45
0.50
0.65
 
Minimum Balance to Avoid Fee and Minimum Deposit to Open
 

MECU Base Share Savings

 M&T Personal Statement Savings

Provident Consumer Savings
Bank of America Regular Savings

Wachovia Premium Savings
Minimum balance of $0 $250 $250 $300 $300 a
To avoid  monthly fee of
$0
$5
$3
$3
$5
Yearly fee if minimum balance is not met each month
$0
$60
$36
$36
$60
Minimum to open
$5
$25
$50
$100
$0

a No minimum balance for those 18 and younger

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.  Some rate and fee information is collected from financial institution websites.