The MTCU Money Market Account
A Money Market account is typically used when members want to save money without locking all of their funds into a CD (Certificate of Deposit). If this is the case for you, then a mTCU Money Market Account may be the answer. Our money market accounts allow you to save money and earn higher dividends than our other savings accounts.
A Money Market account at memberstrust Credit Union is not a checking account, therefore, you are unable to write checks on these funds.
Our Money Market accounts have two levels of saving:
| Amount of Deposit |
Annual Percentage Rate (APR) |
Annual Percentage Yield (APY) |
| $2,500.00-$24,999.00 |
1.00% APR |
1.0046% APY |
| $25,000.00 plus |
1.75% APR |
1.7641% APY |
Ready to open a Money Market Account? Contact our Member Service Representative for more information at (757)671.8800.