Deposit Rates

Members First Credit Union offers a variety of options to choose from with the most competitive rates, quality service and beneficial dividends. All savings are federally insured by the National Credit Union Administration (NCUA), a U.S. governmental agency.

Rates and terms are subject to change as determined by the Board of Directors.

Deposit Rates

Savings Accounts
Effective Date: Thursday, January 17th, 2019
Account Type	Dividend Rate	Annual Percentage Yield	Minimum Balance
Regular Shares *	0.15%	0.15%	$5.00
Kid's Club*	0.15%	0.15%	$5.00
Student Club*	0.15%	0.15%	$5.00
Christmas Club*	0.15%	0.15%	N/A
Special Savings *	0.15%	0.15%	N/A
Rates are variable and may change after account is opened.

Share Draft Checking
Effective Date: Thursday, January 17th, 2019
Account Type	Dividend Rate	Annual Percentage Yield	Minimum Balance
eChecking Package**	0.05%	0.05%	$1,000.00
Advantage 60 Checking Package (Age 60 and up).**	0.05%	0.05%	$1,000.00

Premier Checking Rates
Effective Date: Thursday, January 17th, 2019
Minimum Balance	Dividend Rate	Annual Percentage Yield
$1,000 - $2,499**	0.10%	0.10%
$2,500 - $9,999**	0.20%	0.20%
$10,000+**	0.25%	0.25%

High Yield and IRA High Yield Savings
Effective Date: Thursday, January 17th, 2019
Account Type	Dividend Rate	Annual Percentage Yield	Minimum Balance
High Yield Savings ***	0.41%	0.41%	$2,500.00
Rates are variable and may change after account is opened.

Super High Yield and IRA Super High Yield Savings
Effective Date: Thursday, January 17th, 2019
Balance	Dividend Rate	Annual Percentage Yield
$10,000.00 - $49,999.99	0.45%	0.45%
$50,000.00 - $99,999.99	0.75%	0.75%
$100,000.00 and higher	0.85%	0.85%
Rates are variable and may change after account is opened.
.10% APY bonus earned if you also have a MFCU Premier Checking Account.

Individual Retirement Accounts (IRA)
Effective Date: Thursday, January 17th, 2019
Account Type	Dividend Rate	Annual Percentage Yield	Minimum Balance
Individual Retirement Account *	0.15%	0.15%	N/A
Rates are variable and may change after account is opened.

Certificates of Deposit and IRA Certificates of Deposit
Effective Date: Thursday, January 17th, 2019
Terms	Interest Rate	Annual Percentage Yield	Minimum Balance
6 Months††	1.10%	1.10%	$1,000.00
44 Week Special†	2.00%	2.00%	$1,000.00
12 Months††	1.89%	1.90%	$1,000.00
15 Month Special††	2.58%	2.61%	$1,000.00
24 Months††	2.23%	2.25%	$1,000.00
27 Months Special††	2.98%	3.01%	$1,000.00
36 Months††	2.48%	2.50%	$1,000.00
48 Months††	2.72%	2.75%	$1,000.00
60 Months††	2.98%	3.01%	$1,000.00
For members under the age of 18 the required minimum balance on all CDs is only $100.00
.10% APY bonus earned if you also have a MFCU Premier Checking Account.

Certificate Early Withdrawal Penalties
Effective Date: Thursday, January 17th, 2019
Term	Penalty
6 Months	Up to 90 days interest
44 Weeks	Up to 90 day interest
12 Month	Up to 180 days interest
15 Month	Up to 180 days interest
24 Month	Up to 180 days interest
27 Month	Up to 180 days interest
36 Month	Up to 180 days interest
48 Month	Up to 180 days interest
60 Months	Up to 180 days interest

Premier Business Checking
Effective Date: Thursday, January 17th, 2019
Balance	Dividend Rate	Annual Percentage Yield
$500 - $9,999.99	0.15%	0.15%
$10,000 - $49,999.99	0.25%	0.25%
$50,000 - 249,999.99	0.30%	0.30%
$250,000 and above	0.40%	0.40%
Rates are variable and may change after account is opened.

*Dividends are calculated by the daily balance method and credited on the last day of each month.

** If your account balance falls below $1,000.00 any day during the dividend period, you will not earn any dividends for that day.  Dividends are calculated by the daily balance method and credited on the last day of each month.

*** Dividends are calculated by the daily balance method and credited on the last day of each month.

† Interest is calculated by the daily balance method and credited at maturity.  Fees and withdrawals of funds from this account prior to maturity will reduce earnings.  See chart for penalty information.

†† Interest is calculated by the daily balance method and credited monthly.  Fees and withdrawals of funds from this account prior to maturity will reduce earnings.  See chart for penalty information.