Regular Share Savings

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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!