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.

Schedule In-Branch Appointment

Savings Accounts
Effective Date: Friday, June 2nd, 2023
Please contact us or stop into a branch to verify the current rate.
Account TypeDividend RateAnnual Percentage YieldMinimum Balance
Regular Shares * 0.25% 0.25% $5.00
Kid's Club* 0.25% 0.25% $5.00
Student Club* 0.25% 0.25% $5.00
Christmas Club* 0.25% 0.25% N/A
Special Savings * 0.25% 0.25% N/A
*Dividends are calculated by the daily balance method and credited on the last day of each quarter.
Rates are variable and may change after account is opened.
Rates and terms are subject to change as determined by the Board of Directors.

Share Draft Checking
Effective Date: Friday, June 2nd, 2023
Please contact us or stop into a branch to verify the current rate.
Account TypeDividend RateAnnual Percentage YieldMinimum Balance
eChecking Package** 0.22% 0.22% $1,000.00
Advantage 60 Checking Package (Age 60 and up).** 0.17% 0.17% $1,000.00
Rates and terms are subject to change as determined by the Board of Directors.

Premier Checking Rates
Effective Date: Friday, June 2nd, 2023
Please contact us or stop into a branch to verify the current rate.
Minimum BalanceDividend RateAnnual Percentage Yield
$0 - $999.99 N/A N/A
$1,000 - $2,499** 0.17% 0.17%
$2,500 - $9,999** 0.20% 0.20%
$10,000+** 0.25% 0.25%
Rates and terms are subject to change as determined by the Board of Directors.

High Yield and IRA High Yield Savings
Effective Date: Friday, June 2nd, 2023
Please contact us or stop into a branch to verify the current rate.
BalanceDividend RateAnnual Percentage Yield
$0 - $999.99 N/A N/A
$1,000 - $4,999.99 0.50% 0.50%
$5,000 - $9,999.99 0.55% 0.55%
$10,000 and above 0.60% 0.60%
*Dividends are calculated by the daily balance method and credited on the last day of each month.
Rates are variable and may change after account is opened.
Rates and terms are subject to change as determined by the Board of Directors.

Super High Yield and IRA Super High Yield Savings
Effective Date: Friday, June 2nd, 2023
Please contact us or stop into a branch to verify the current rate.
BalanceDividend RateAnnual Percentage Yield
$0 - $9,999.99 N/A N/A
$10,000.00 - $24,999.99 1.00% 1.01%
$25,000.00 - $49,999.99 1.25% 1.26%
$50,000.00 - $99,999.99 1.50% 1.51%
$100,000.00 - $199,999.99 1.75% 1.76%
$200,000.00 and higher 2.00% 2.02%
*Dividends are calculated by the daily balance method and credited on the last day of each month.
.10% APY bonus earned if you also have a MFCU Premier Checking Account.
Rates are variable and may change after account is opened.
Rates and terms are subject to change as determined by the Board of Directors.

Individual Retirement Account (IRA) Savings
Effective Date: Friday, June 2nd, 2023
Please contact us or stop into a branch to verify the current rate.
Account TypeDividend RateAnnual Percentage YieldMinimum Balance
Individual Retirement Account 0.25% 0.25% N/A
Rates are variable and may change after account is opened.
Rates and terms are subject to change as determined by the Board of Directors.

Certificates of Deposit and IRA Certificates of Deposit
Effective Date: Friday, June 2nd, 2023
Please contact us or stop into a branch to verify the current rate.
TermsInterest RateAnnual Percentage YieldMinimum Opening Deposit
6 Months 4.41% 4.50% $1,000.00
44 Weeks 4.48% 4.50% $1,000.00
12 Months 4.51% 4.60% $1,000.00
15 Months 4.65% 4.75% $1,000.00
24 Months 3.50% 3.56% $1,000.00
27 Months 4.01% 4.08% $1,000.00
36 Months 3.25% 3.30% $1,000.00
48 Months 3.25% 3.30% $1,000.00
60 Months - Raise Your Rate* 3.50% 3.56% $1,000.00


For members under the age of 18 the required minimum balance on all CDs is $100.00.
.10% APY bonus earned if you also have a MFCU Premier Checking Account.

A penalty may be assessed for early withdrawals.
Fees and withdrawals of funds from this account prior to maturity will reduce earning.

*Interest Rate and APY may be increased once during the term of the CD, if our rates increase during that time, and will be increased to the rate for a 60-month CD as of the date of the request. The rate increases will be effective as of the date of the request.

Premier Business Checking
Effective Date: Friday, June 2nd, 2023
Please contact us or stop into a branch to verify the current rate.
BalanceDividend RateInterest Rate
$0 - $499.99 N/A N/A
$500 - $9,999.99 0.15% 0.15%
$10,000 - $49,999.99 0.17% 0.17%
$50,000 - 249,999.99 0.20% 0.20%
$250,000 and above 0.25% 0.25%
Rates are variable and may change after account is opened.
Rates and terms are subject to change as determined by the Board of Directors.

*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.
† 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.

Go to main navigation