Dividend Rates
Rates current as of
Regular Shares
Dividend Rate | Annual Percentage Yield (APY) | |
$5+ | 0.05% | 0.05% |
Individual Retirement Accounts (IRA)**
Dividend Rate | APY | |
IRA Share | 0.45% | 0.45% |
Roth IRA Share | 0.45% | 0.45% |
Checking Account**
Dividend Rate | APY | |
$100-$9,999 | 0.05% | 0.05% |
$10,000+ | 0.50% | 0.50% |
Term Certificate Accounts**
Minimum Balance: $500 | Dividend Rate | APY |
6 month | 0.30% | 0.30% |
12 month | 0.45% | 0.45% |
18 month | 0.55% | 0.55% |
IRA & Roth Certificate Accounts**
Minimum Balance: $500 | Dividend Rate | APY |
6 month | 0.35% | 0.35% |
| 12 month | 0.45% | 0.45% |
18 month | 0.55% | 0.55% |
Dividends are credited to your account and compounded every month. *Regular Shares are paid quarterly. **Checking account, IRA and Certificates are paid monthly. MCCU computes the balance using the average monthly balance method, which applies a periodic rate to the average monthly balance in the account for the period. Penalty applies for early withdrawal. APR = Annual Percentage Rate. APY = Annual Percentage Yield. Fees may reduce earnings. Rates are subject to change without notice.