Electronic Transfer Service (ACH)
MCT’s ACH service allows you to transfer money electronically between your MCT account and accounts at other financial institutions. To enroll today, call 301.948.9880. See below for the many ways this service can save you time!
- Loan payments: Make one-time (available for a nominal fee—see fee schedule) or recurring payments to pay your credit card, auto loan, or mortgage.
- Summer Pay account: If you have an MCT Summer Pay account, you can send your Summer Pay funds in one lump sum or in five equal transfers to another financial institution during the summer.
- Bill payments: Stop writing and mailing checks to pay your rent and utility bills by enrolling in recurring ACH payments.
- Account transfers: Help your child learn to manage their money by opening an account for them and setting up recurring ACH payments to send an allowance to their account. This is especially useful if you have children away from home in college.
Direct Deposit
Have your paycheck, retirement check, and/or tax refund deposited electronically into your MCT account.
