Savings
A deposit of $25 is required and will make you an official "member" of Monterey Credit Union!
What is the Main Share Account
Allows member to earn $10 each monthly sstatement cycle with regular use of your MCU Visa Check Card, online banking and e-statement enrollment when activity requirements are met. No monthly fee.
Cash Back Checking
For 55 years, what is the type of loan that help many members get on the road to a fuller life?
Auto loans
Most important way we differ from banks?
Member owned, not for profit,
Enjoy a better rate of return on higher balances, lower risk, greater accessibility, fewer fees, and faster growth than a traditioal savings account.
What is a High-Rate & Platinum Savings
Allows our members to earn 8.33% APY on up to $10,000 with regular use of your MCu Visa Check Card, online banking, and e-statement enrollment when activity requirements are met. No monthly fee.
Live Full Checking
What type of loans does MCU offer 15 and 30 year fixed and adjustable rates?
Mortgage refinance loans
Fixed rate, fixed-terms ranging from 30 days to 2 years. Rates are generally our best available with higher yields for larger balances and/or longer terms.
What are the activity requirements to earn $10 each monhtly statement cycle?
Member must be enrolled in MCU online banking and e-statments, and meet activity requirements of a leasst one MCU online banking log-in in the previous 90 calendar days and at least 30 MCU debit card merchant purchases ($3 per-purchase minimum)/. At least one merchant purchase per monthly statement cycle must be from Amazon, Netflix, iTunes or Google.
MCU can help tap-in to the value of your home to finance home improvements, purchase a vehicle, and mor with this.
Home Equity
These accounts enjoy a greater rate of return than our basic savings accounts but require a higher minimu balance to open. Maintaining a minimum balance willhelp you to avoid monthly service charges
Money Market options: Money Market, market Checking and Market IRA
What are the requirments to earn dividends on the Live Full Checking?
Must be enrolled in MCu Online Banking and e-statements and meet activity requirements of a least one MCU online bganking log-in the previous 90 calendar days and least 25 MCu debit card merchant purchaseds ($3 minimum) that post and clear during the statment cycle. Reversed debit card purchases do not count.
Investing options.
A comprehensive range of IRA options: Traditional,l ROTH, and Educational. We also offer access to a variety of investment opportunities including mutual funds, stocks, and bonds offered through our partner Cetera Advisors Networs.
What can happen if MCU determines purchases or returns are eing manipulated to qualify?
MCU reserves the right not to pay dividends and/or not to pay cash back.