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Checking & Savings > Accumulator Certificate 

Accumulator Certificate

The Accumulator Certificate is a great account for new savers to start saving regularly.  As your savings balance grows, you'll be able to move the funds to higher yielding accounts and earn even more.

For example, if you save $85 per month for a year in your Accumulator Certificate, you'll have over $1,000 when the certificate matures.  At maturity, you could take the $1,000 and put it into a regular certificate which earns even higher dividends.  This is one way you can grow your savings.

Accumulator Certificate features and benefits: 


  • Open your account with as little as $100 or as much as $2,000

  • Select terms ranging from 180 to 364 days*

  • Competitive dividends

  • Requires a monthly deposit of at least $25

  • Additional deposits can be made--the maximum amount per month is $1,000

  • Saving is made easy by setting-up automatic transfers from your regular savings or checking account each month**


*There is a penalty for early withdrawals.
**The $25 minimum monthly deposit must be automatically transferred if you're over the age of 18.



Open an Accumulator Certificate today!

If you're an MCT member, you can open an Accumulator Certificate through Online Banking.  If you're not yet a member, simply complete a membership application.


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