MECU Deposit Rates
Complete Rate Schedule for Dividend and Interest-Bearing MECU Accounts
All rates below are current as of the dates listed. Posted rates are subject to change.
Savings Accounts * |
|||
|---|---|---|---|
| Account Type | Dividend / Interest Rate | (APY) Annual Percentage Yield |
Minimum Initial Deposit |
| Share Savings** | 0.50 % | 0.50 % | $5 † |
| Holiday Savings | 0.50 % | 0.50 % | $5 † |
| Pay All Year Savings | 0.50 % | 0.50 % | $5 † |
| Checking Accounts | 0.25 % | 0.25 % | $25 |
* Fees could reduce the earnings on these accounts. The rate may change after the account is opened. ** Proposed Dividend Rate and Annual Percentage Yield Rates as of: February 1, 2012. † Minimum balance in order to earn interest. |
|||
Rates as of: February 1, 2012 Money Market Account* |
|||
|---|---|---|---|
| Account Type † | Interest Rate | (APY) Annual Percentage Yield |
Minimum Initial Deposit |
| Less than $500 | 0.00 % | 0.00 % | $ 500 |
| $500 - $9,999.99 | 0.55 % | 0.55 % | $ 500 |
| $10,000 - $24,999.99 | 0.60 % | 0.60 % | $ 500 |
| $25,000 - $49,999.99 | 0.60 % | 0.60 % | $ 500 |
| $50,000 - $74,999.99 | 0.65 % | 0.65 % | $ 500 |
| $75,000 - $99,999.99 | 0.65 % | 0.65 % | $ 500 |
| $100,000 or more | 0.75 % | 0.75 % | $ 500 |
* Fees could reduce the earnings on the account. The rate may change after the account is opened. † Minimum balance in order to earn stated APY. |
|||
Rates as of: February 1, 2012 Premier Money Market Account* |
|||
|---|---|---|---|
| Account Type † | Interest Rate | (APY) Annual Percentage Yield |
Minimum Initial Deposit |
| Less than $500 | 0.25 % | 0.25 % | $ 50,000 |
| $500 - $9,999.99 | 0.55 % | 0.55 % | $ 50,000 |
| $10,000 - $49,999.99 | 0.65 % | 0.65 % | $ 50,000 |
| $50,000 - $99,999.99 | 0.75 % | 0.75 % | $ 50,000 |
| $100,000 - $149,999.99 | 0.85 % | 0.85 % | $ 50,000 |
| $150,000 - $499,999.99 | 0.85 % | 0.85 % | $ 50,000 |
| $500,000 - $2,499,999.99 | 0.90 % | 0.90 % | $ 50,000 |
| $2,500,000 or more | 1.00 % | 1.00 % | $ 50,000 |
* Fees could reduce the earnings on the account. The rate may change after the account is opened. † Minimum balance in order to earn stated APY. |
|||
Rates as of: February 1, 2012 Certificates of Deposit Fixed, IRA or Roth IRA* (Regular CD) |
|||
|---|---|---|---|
| Account Type | Interest Rate | (APY) Annual Percentage Yield |
Minimum Initial Deposit † |
| 60-month | 2.23 % | 2.25 % | $ 500 |
| 48-month | 1.79 % | 1.80 % | $ 500 |
| 36-month | 1.74 % | 1.75 % | $ 500 |
| 24-month | 1.29 % | 1.30 % | $ 500 |
| 18-month | 1.00 % | 1.00 % | $ 500 |
| 12-month | 0.95 % | 0.95 % | $ 500 |
| 9-month | 0.85 % | 0.85 % | $ 500 |
* Early withdrawal penalty may be imposed for withdrawal of principal before the maturity date. † Minimum balance in order to earn stated APY. |
|||
Rates as of: February 1, 2012 SuperFlex CD* |
|||
|---|---|---|---|
| Account Type | Interest Rate | (APY) Annual Percentage Yield |
Minimum Initial Deposit † |
| 11-month | 0.85 % | 0.85 % | $ 5,000 |
* Early withdrawal penalty may be imposed for withdrawal of principal before the maturity date. Only one withdrawal without paying a penalty will be permitted with the Superflex CD; the balance remaining must be at least $1,000. † Minimum balance to earn interest on SuperflexCD is $1,000. |
|||
Rates as of: February 1, 2012 Certificates of Deposit* Regular or IRA** (Bump-Up CD) |
|||
|---|---|---|---|
| Account Type | Interest Rate | (APY) Annual Percentage Yield |
Minimum Initial Deposit † |
| 60-month | 2.23 % | 2.25 % | $ 500 |
| 48-month | 1.79 % | 1.80 % | $ 500 |
| 36-month | 1.74 % | 1.75 % | $ 500 |
| 24-month | 1.29 % | 1.30 % | $ 500 |
* Early withdrawal penalty may be imposed for withdrawal of principal before the maturity date. ** Excludes Roth IRA † Minimum balance in order to earn interest. |
|||
Rates as of: February 1, 2012 Certificate of Deposit* Fixed or IRA** (Auto-Build) |
|||
|---|---|---|---|
| Account Type | Interest Rate | (APY) Annual Percentage Yield |
Minimum Initial Deposit † |
| 12 Month Term | |||
| $25 to $500 | 0.85 % | 0.85 % | $ 25 |
| $500.01 to $4,999.99 | 0.90 % | 0.90 % | $ 25 |
| $5,000 or more | 0.95 % | 0.95 % | $ 25 |
| 24 Month Term | |||
| $25 to $500 | 0.95 % | 0.95 % | $ 25 |
| $500.01 to $4,999.99 | 1.10 % | 1.10 % | $ 25 |
| $5,000 or more | 1.24 % | 1.25 % | $ 25 |
* Early withdrawal penalty may be imposed for withdrawal of principal before the maturity date. ** Excludes Roth IRA † Minimum balance in order to earn interest. |
|||
Rates as of: February 1, 2012 IRA Savings Accounts |
|||
|---|---|---|---|
| Account Type | Interest Rate | (APY) Annual Percentage Yield |
Minimum Initial Deposit † |
| Individual Retirement Accounts-Traditional * | 0.50 % | 0.50 % | $25 |
| Individual Retirement Accounts-Roth * | 0.50 % | 0.50 % | $25 |
| Education Savings Account * | 2.09 % | 2.11 % | $25 |
|
|||
