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Savings Accounts

Our savings account options can help you save for the future, the holidays, or a specific purpose.

Whether you're looking to safely store your pocket change or save with a purpose, MTC Federal has savings account options tailored to your needs. Our High-Yield Savings account offers a higher interest rate, making it even easier to grow your money and plan for a brighter future.

Combine High-Yield Checking or Cash Back Checking — and build savings automatically while earning high dividends.

  • Free account that builds your savings effortlessly
  • Automatic transfers of High-Yield or Cash Back earnings
  • 4.00% APY‡ on balances as much as $100,000.00
  • 4.00% to 2.25% APY on balances over $100,000.00 depending on balance in account‡
  • 0.05% APY‡ on all balances if qualifications are not met in High-Yield or Cash Back
  • No monthly maintenance fee
  • No minimum balance to earn rewards
  • No minimum deposit to open

Qualifications to Earn the Higher Rate

Qualifying for your High-Yield or Cash Back rewards automatically qualifies you for the highest High-Yield Savings rate, too. Enrollments must be in place and all of the following transactions and activities must post and settle to your High-Yield or Cash Back account during each Monthly Qualification Cycle:

  • At least 15 debit card transactions
  • At least 1 direct deposit or ACH payment transaction(s)
  • Be enrolled in and agree to receive e-statements

And if you don’t meet these qualifications, don’t worry — your accounts are still free. Plus, you’ll still earn our base rate on High-Yield Savings. And you can get right back to earning your full rewards the very next cycle that you qualify.

See Terms & Conditions

Watch your savings grow when you earn monthly dividends on your balance! A Share Savings account establishes your MTC Federal Credit Union membership and gives you access to the benefits of membership.

  • Initial deposit of $50 required
  • Tiered rates: the more you save, the more you earn

We also offer Youth Accounts to help young members save.

Current Rates

Share Savings Account

Account Balance Dividend Rates Annual Percentage Yield (APY)
$50 - $999.99