Deposit Accounts
Once you are a member, you will be able to take advantage of our money saving and interest earning products and services. Members First Credit Union provides a full range of deposit accounts to meet the needs of our business members.
Savings products we offer are:
Savings
When you open a primary share account, you become an owner of the credit union, which is your membership into the credit union. Once you are a member, you will be able to take advantage of our money saving and interest earning products and services.
- $5.00 minimum deposit required at the time of opening
- Dividends are calculated daily and dispersed
- Can be pledged as collateral on loans
- Access by direct deposit or payroll deduction, First@HOME, FirstCall, ATM, mail, or in person
High Yield
A High Yield account allows you to earn more money than a regular savings account. Benefits of a High Yield account are:
- Low $2,500 minimum balance
- Three free withdrawals per month
- Dividends are dispersed monthly
- Makes deposit at any time for any amount
Super High Yield
A Super High Yield savings account allows you to earn more money than a High Yield account. Benefits of a Super High Yield account are:
- $10,000 minimum balance
- Six free withdrawals per month
- Ability to write checks from this account
- Dividends are dispersed monthly
- Make deposits at any time for any amount
Certificate of Deposit
We understand how important it is to have options when saving your money. Whether you are driven by minimum balance, rate, or terms, we have an option to fit your needs.
- Low minimum deposit of $1,000
- Many short and long term options
- Competitive fixed rates
- Interest may be compounded or transferred to the account of your choice
To start saving for your business call Erin Ireland at 989.633.1260
