1 MECU’s Checking Account earns interest as shown above. There is no requirement that you maintain a minimum balance in this account in order to avoid a monthly fee-- unlike most area banks. There is also no need to have direct deposit to open this account---unlike many area banks. You only need $25 to open your MECU interest-bearing checking account. For more detailed comparative information on checking accounts, click here.
2 MECU’s Base Share Savings Account earns interest as shown above. There is no requirement that you maintain a minimum balance in this account in order to avoid a monthly fee-- unlike most area banks. You only need $5 to open your MECU Base Share Savings Account. For more detailed comparative information on savings account, click here.
**Share Savings is a dividend-bearing account at credit unions, All others shown in this category are interest-bearing savings accounts. Rate listed is the proposed dividend for the current period.
*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 institutions' current Truth in Savings Disclosure and Rate and Fee scheduled. For more detailed comparative information on Money Market Accounts, click here
**MECU's Premier Money Market Account earns interest as shown above. There is a requirement of
$500.00 in order to avoid a monthly fee of
$10.00. For more detailed comparative information on Premium Money Market Account, click here.
***Sources 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 May 08,
2008 and are subject to change.
Your savings federally insured to at least $100,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency. Additional coverage provided through Excess Share Insurance Corporation to a combined total of at least $175,000.
|
