Regular Share Savings
- Summary
When you save your money at MCT Credit Union, you are actually purchasing shares of a financial institution that you, your colleagues, and family members own.
Just $25 will open your Share Savings Account and start your membership.
- Earn a fixed dividend
- Use as collateral for a Share Loan
- Build a rainy day fund
- Just keep a $25 balance
- ASI insurance
Plus there is no membership fee and no fee when you transfer money from your Share Account to other MCT Credit Union accounts!
- More Information
Why should you choose our Regular Share Account?
- We pay a fixed dividend on the entire balance in your account.
- Your Regular Share Account may be used as collateral for a Share Loan.
- You may also be able to use your Regular Share Account for special purposes such as creating a personal escrows fund, savings for a down payment on a home or automobile, or building a rainy day fund for emergency purposes,
- You can have your pay directly deposited into your account if your employer provides Direct Deposit.
- American Share insurance (ASI) insures the individual or joint share-type accounts up to $250,000 per account (IRAs insured separately).
- Keeping a $25 balance is all it takes to maintain the account!
