Savings Accounts

Earn Above-Average
Savings Interest

Nationwide Access at
Thousands of Locations

No Maintenance
or Service Fees

As a Realtor® you can take advantage of the benefits that come with an MRFCU Savings Account! Support your community, benefit from our great rates and relax with our personal service.

Become a Member Today

Current Rates

Savings
$100.00
- $49,999.99

0.20%

APY

Savings
$50,000.00
- $99,999.99

0.25%

APY

Savings
$100,000.00 +
_

0.45%

APY

Money Market
$25,000.00
- $99,999.99

0.50%

APY

Money Market
$100,000.00+
_

1.00%

APY

Let's Compare:

Banks*

Average Bank Rate

The average Bank Savings rate listed is the APY (Annual Percentage Yield) for Regular Savings Accounts, with at least a $1,000.00 balance, taken from the NCUA September 2020 Average Credit Union and Bank Rates Report.

% APY

Credit Unions*

Average Credit Union Rate

The average Credit Union Savings rate listed is the APY (Annual Percentage Yield) for Regular Savings Accounts, with at least a $1,000.00 balance, taken from the NCUA September 2020 Average Credit Union and Bank Rates Report.

% APY

MRFCU*

MRFCU Rate

APY = Annual Percentage Yield. Rates subject to change with or without notice, and Rates on Savings accounts may change after the account is opened. A minimum balance of $100.00 must be mainted in the Savings account to earn APY. Additional account disclosures can be found HERE.

% APY

Frequently Asked Questions:

How do I Open a Savings Account?

When you become a member of the credit union, you are opening up a savings account.

You can start your membership by submitting a membership application, a copy of your drivers license and an initial deposit of at least $25.00.

Click Here to see more about becoming a member.

If you are already a member of the credit union, you already have a savings account with us! You can choose to open a separate account if you would like to. Simply follow the same application process listed above.

Can I have more than one Savings Account?

Yes. You can either choose to open a separate account (with a separate member number) or you can open a sub-account.

Some of our members wish to have separate accounts rather than sub-accounts. This helps them choose specific joint owners, or beneficiaries for those separate accounts. To open a new account, CLICK HERE .

Some of our members find that having sub-accounts is easier to manage, since the accounts all fall under one membership, or member number. To open a sub account, CLICK HERE.

We are happy to help you save, in whatever way is best for you!

What is a Money Market Account?

A money market account is a high yield savings account with some checking account features. Our money market accounts can have checks issued, allowing you to make up to 6 check withdrawal or payments from your account each month. Members must maintain a balance of $50,000.00 in their money market account to get the advertised interest rate.

To open a Money Market Account, you can simply request it on either the membership application (for new members) or the membership change form (for existing members).

Are my Deposits Insured?

Are my Deposits Insured

Yes! Your funds are insured through the NCUA (National Credit Union Administration). This administration insures your funds similar to how the FDIC insures funds deposited at a Bank. Individual Owners are insured up to $250,000.00. Having Joint Owners and/or beneficiaries on your account increases how much of your funds are insured.

For more information contact us, or visit www.NCUA.gov.

Banking Disclosures