Frequently Asked Questions

Have questions? Start here.

Check our FAQs for answers to common questions

We've compiled some of the questions we hear most frequently from members when they visit a MECU Credit Union branch in and around Baltimore, MD, or when they contact us online. Chances are, the question you want to ask is here with the answer you need. And if it's not, feel free to contact us so we can help.

Savings

A Roth IRA is an individual retirement account you fund with money that’s already been taxed. Because contributions are made with after‑tax dollars, any growth and qualified withdrawals in retirement are generally tax‑free.

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