Home Buying Process
There are several steps to finding and buying a home. Your challenge is to put the home buying steps in the ...
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Savings Accounts
Regular Savings
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$5 minimum opening balance establishes your membership in MCT
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Minimum to earn dividends is $100 ($5 if under age 18)
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Dividends are compounded and paid monthly
Rates Calculators Open account at a branch Easy ways to save
Custodial Account
- Open for a minor under the age of 18 with as little as $5
- Limited to one minor, one custodian, and one successor. Only the custodian can make deposits and withdrawals. Minor can't access the account until they are 18 years old.
- Earn dividends on balances of $5
- For greater savings, open a certificate under the custodial account
- Possible tax advantages (consult a tax advisor)
- Dividends compounded and paid monthly
Rates Calculators Open account at a branch Easy ways to save
Money Market Accounts
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Regular Money Market—earn dividends with a minimum opening balance of $2,500
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High-Yield Money Market—earn dividends with a minimum opening balance of $25,000
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Access your money up to three times per month
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Dividends are compounded and paid monthly
Rates Calculators Open account at a branch Easy ways to save
Club Savings Accounts
Minimum balance
Vacation Club
Holiday Club
$0
$0
Disbursal date
Quarterly at your request
November 1st of each year
Penalty-free withdrawals*
One per quarter
N/A
Dividends
compounded and paid monthly
compounded and paid monthly
Savings method
Payroll allocation or auto transfer
Payroll allocation or auto transfer
Rates Calculators Open account at a branch Easy ways to save
Other accounts and services to help you save
Security for peace of mind
All MCT accounts are insured up to $250,000 by the National Credit Uinon Administration (NCUA), an agency of the Federal Government. For more information on how your accounts are insured, click here.
*To help you resist the temptation to dip into your club savings accounts, withdrawals are restricted and subject to a withdrawal fee. (See fee schedule for details.) If there is no activity on the savings account for six (6) months, and there is a zero balance, the savings account will be closed.

