| Savings Accounts |
| Effective Date: Sunday, September 24, 2023 |
| Account Type | Minimum to open the account | Minimum to Earn APY | Interest Rate | APY* |
| Membership Savings (Main Share) |
$5.00 |
$5.00 |
0.10% |
0.10% |
| Savings (Share Savings) |
$5.00 |
$0.00 |
0.10% |
0.10% |
| Holiday Club |
$5.00 |
$0.00 |
0.20% |
0.20% |
| Vacation Club |
$5.00 |
$0.00 |
0.20% |
0.20% |
| Back to School Club |
$5.00 |
$0.00 |
0.20% |
0.20% |
| IRA Share Savings |
$5.00 |
$0.00 |
0.10% |
0.10% |
| APY - Annual Percentage Yield assumes that all funds, including dividends, remain on deposit for 365 days. Fees may reduce earnings. Rates subject to change daily and may change after the account is opened. Accounts are insured by NCUA up to $250,000.Shares and Deposits in excess of NCUA limits are fully insured by MSIC. |
| High Yield Savings |
| Effective Date: Sunday, September 24th, 2023 |
| Name | Minimum To Open the Account | Minimum to Earn APY | Interest Rate | APY* |
| High Yield Savings |
$10,000.00 |
$0.00 - $49,999.99 |
1.98% |
2.00% |
| |
|
$50,000 and above |
2.96% |
3.00% |
*APY – Annual Percentage Yield assumes that all funds, including dividends, remain on deposit for 365 days. Rates subject to change after the account is opened. Accounts are insured by NCUA up to $250,000. Shares and Deposits in excess of NCUA limits are fully insured by MSIC. Fees may reduce earnings.
|
| Checking (Share Draft) |
| Effective Date: Sunday, September 24th, 2023 |
| Account Type | Minimum Deposit | Minimum to Earn APY | Interest Rate | APY* |
| Basic Checking |
$25.00 |
|
0.00% |
0.00% |
| Performance Checking |
$0.00 |
|
0.00% |
0.00% |
| Class Act Checking |
$0.00 |
|
0.00% |
0.00% |
| Kasasa Cash Back (Free Checking) |
$25.00 |
|
0.00% |
0.00% |
| Kasasa Cash (High Interest Checking) |
$25.00 |
|
|
|
| |
|
Up to but not exceeding $10,000 (if qualifications are met) |
1.98% |
2.00% |
| |
|
Above $10,000 (if qualifications are met) |
0.20% |
2.00% - 0.20% |
| |
|
(if qualifications are not met) |
0.02% |
0.02% |
| APY - Annual Percentage Yield assumes that all funds, including dividends, remain on deposit for 365 days. Fees may reduce earnings. Rates subject to change daily and may change after the account is opened. Accounts are insured by NCUA up to $250,000.Shares and Deposits in excess of NCUA limits are fully insured by MSIC. |
| Kasasa Saver |
| Effective Date: Sunday, September 24th, 2023 |
| Minimum to open the account | Minimum to Earn APY | Interest Rate | APY* |
| $5.00 |
Up to but not exceeding $25,000 (if qualifications are met) |
1.00% |
1.00% |
| |
Above $25,000 (if qualifications are met) |
0.20% |
1.00% - 0.20% |
| |
(if qualifications are not met) |
0.02% |
0.02% |
| APY - Annual Percentage Yield assumes that all funds, including dividends, remain on deposit for 365 days. Fees may reduce earnings. Rates subject to change daily and may change after the account is opened. Accounts are insured by NCUA up to $250,000.Shares and Deposits in excess of NCUA limits are fully insured by MSIC. |
| Money Market Accounts |
| Effective Date: Sunday, September 24th, 2023 |
| Minimum to open the account | Minimum to Earn APY | Interest Rate | APY* |
| $25.00 |
$0.00-$2,499.99 |
0.25% |
0.25% |
| |
$2,500-$24,999.99 |
0.25% |
0.25% |
| |
$25,000-$49,999.99 |
0.50% |
0.50% |
| |
$50,000-$99,999.99 |
0.75% |
0.75% |
| |
$100,000-$249,999.99 |
1.00% |
1.00% |
| |
$250,000-$999,999.99 |
1.49% |
1.50% |
| |
$1,000,000+ |
4.89% |
5.00% |
| APY - Annual Percentage Yield assumes that all funds, including dividends, remain on deposit for 365 days. The minimum balance to avoid a service fee is $2,500.00. Fees may reduce earnings. Rates subject to change daily and may change after the account is opened. Accounts are insured by NCUA up to $250,000. Shares and Deposits in excess of NCUA limits are fully insured by MSIC. |
| Certificate Accounts |
| Effective Date: Sunday, September 24th, 2023 |
| Term | Minimum Deposit to OPEN and to EARN APY | Interest Rate | APY* |
| 3 Month |
$1,000.00 |
0.10% |
0.10% |
| 3 Month Premium |
$50,000.00 |
0.15% |
0.15% |
| 6 Month |
$1,000.00 |
0.30% |
0.30% |
| 6 Month Premium |
$50,000.00 |
0.35% |
0.35% |
| 9 Month SPECIAL** |
$15,000.00 |
4.89% |
5.00% |
| 12 Month |
$500.00 |
4.41% |
4.50% |
| 12 Month Premium |
$50,000.00 |
4.41% |
4.50% |
| 18 Month |
$500.00 |
4.17% |
4.25% |
| 18 Month Premium |
$50,000.00 |
4.17% |
4.25% |
| 24 Month |
$500.00 |
1.98% |
2.00% |
| 24 Month Premium |
$50,000.00 |
2.08% |
2.10% |
| 36 Month |
$500.00 |
1.05% |
1.05% |
| 36 Month Premium |
$50,000.00 |
1.14% |
1.15% |
| 48 Month |
$500.00 |
0.85% |
0.85% |
| 48 Month Premium |
$50,000.00 |
0.95% |
0.95% |
| 60 Month |
$500.00 |
0.90% |
0.90% |
| 60 Month Premium |
$50,000.00 |
1.00% |
1.00% |
| APY - Annual Percentage Yield assumes that all funds, including dividends, remain on deposit for 365 days. You will be subject to a penalty for early withdrawal. Accounts are insured by NCUA up to $250,000. Shares and Deposits in excess of NCUA limits are fully insured by MSIC. **SPECIAL OFFER: Annual Percentage Yield is subject to change without notice. 9 Month Certificate: New Money Only; For existing members to satisfy this requirement, funds can be transferred from an existing MVCU account if an additional $15,000 in external funds are added to the certificate. |
| Business Accounts |
| Name | Minimum to open the account | Minimum to Earn APY | Interest Rate | APY* |
| Business Main Share Savings |
$5.00 |
$0.00 |
0.10% |
0.10% |
| Business 300 Checking |
$25.00 |
$0.00 |
0.00% |
0.00% |
| Business Value Checking |
$25.00 |
$0.00 |
0.00% |
0.00% |
| Business Money Market |
$25.00 |
$0.00 - $2,499.99 |
0.25% |
0.25% |
| |
|
$2,500 - $24,999.99 |
0.25% |
0.25% |
| |
|
$25,000 - $49,999.99 |
0.50% |
0.50% |
| |
|
$50,000 - $99,999.99 |
0.75% |
0.75% |
| |
|
$100,000 - $249,999.99 |
1.00% |
1.00% |
| |
|
$250,000 - $999,999.99 |
1.49% |
1.50% |
| |
|
$1,000,000+ |
4.89% |
5.00% |
| APY - Annual Percentage Yield assumes that all funds, including dividends, remain on deposit for 365 days. Fees may reduce earnings. Rates subject to change daily and may change after the account is opened. Accounts are insured by NCUA up to $250,000. Shares and Deposits in excess of NCUA limits are fully insured by MSIC. |
| Accounts Not Currently Offered but Still Active |
| Effective Date: Sunday, September 24th, 2023 |
| Account Type | Minimum to Earn APY | Interest Rate | APY* |
| Passbook |
$0.00 |
0.10% |
0.10% |
| Premium Savings |
$0.00 |
0.15% |
0.15% |
| Interest Checking |
|
|
|
| |
$0 - $4,999.99 |
0.02% |
0.02% |
| |
Over $5,000 |
0.05% |
0.05% |
| Dividend Checking |
$0.00 |
0.05% |
0.05% |
| eChecking |
$0.00 |
0.05% |
0.05% |
| eChecking Plus |
$0.00 |
0.05% |
0.05% |
| Performance Dividend Checking |
$0.00 |
0.05% |
0.05% |
| Business Value Plan Checking |
$0.00 |
0.05% |
0.05% |
| Business Premium Checking |
$25.00 |
0.05% |
0.05% |
| Business Interest Bearing Checking |
$25.00 |
0.05% |
0.05% |
| APY - Annual Percentage Yield assumes that all funds, including dividends, remain on deposit for 365 days. Fees may reduce earnings. Rates subject to change daily and may change after the account is opened. Accounts are insured by NCUA up to $250,000.Shares and Deposits in excess of NCUA limits are fully insured by MSIC. |
