Current Rates for Our Deposits

Knowing current interest rates is a good first step on the journey to financial ownership. Marine Credit Union posts interest rates as a convenience to our members as they make financial decisions. Rates shown are current as of January 16, 2024 and are subject to change without notice. Contact us to verify today’s rates.

DEPOSIT RATE SPECIALS

Certificate Special*

TermMinimum Balance to Earn DividendsNominal Dividend RateAnnual Percentage Yield

13-month


$5,000


4.91%


5.00%


Money Market Special*

TermMinimum Balance to Earn DividendsNominal Dividend RateAnnual Percentage Yield

10-month


$10,000


2.96%


3.00%


DEPOSIT RATES

Savings*

Minimum Opening DepositMinimum Balance for APYDividend RateAnnual Percentage Yield
$5$50.10%0.10%Open an Account

Money Market*

Minimum Balance to Earn DividendsTierDividend RateAnnual Percentage Yield
$2,000$2,000-$10,0000.25%0.25%
$2,000$10,001-$50,0000.50%0.50%
$2,000$50,001-$100,0001.00%1.00%
$2,000$100,001-$250,0001.24%1.25%
$2,000$250,001 and over1.98%2.00%

Certificates*

TermMinimum Balance to Earn DividendsNominal Dividend RateAnnual Percentage Yield
3-month$1,0000.50%0.50%
6-month$1,0001.00%1.00%
12-month$1,0001.39%1.40%
18-month$1,0001.39%1.40%
24-month$1,0002.72%2.75%
36-month$1,0002.03%2.05%
48-month$1,0002.03%2.05%
60-month$1,0002.18%2.20%

Jumbo Certificates*

TermMinimum Balance to Earn DividendsNominal Dividend RateAnnual Percentage Yield
3-month$100,0000.55%0.55%
6-month$100,0001.05%1.05%
12-month$100,0001.44%1.45%
18-month$100,0001.44%1.45%
24-month$100,0002.77%2.80%
36-month$100,0002.08%2.10%
48-month$100,0002.08%2.10%
60-month$100,0002.23%2.25%

INDIVIDUAL RETIREMENT ACCOUNTS

Individual Retirement Accounts Savings*

Minimum Opening DepositMinimum Balance to Earn DividendsDividend RateAnnual Percentage Yield
$0N/A0.25%0.25%

Individual Retirement Account Certificates*

TypeMinimum Balance to Earn DividendsNominal Dividend RateAnnual Percentage Yield
12-month IRA$1,0001.49%1.50%
18-month IRA$1,0001.49%1.50%
24-month IRA$1,0002.82%2.85%
36-month IRA$1,0002.13%2.15%
48-month IRA$1,0002.13%2.15%
60-month IRA$1,0002.28%2.30%

Jumbo Individual Retirement Account Certificates*

TypeMinimum Balance to Earn DividendsNominal Dividend RateAnnual Percentage Yield
12-month$100,0001.54%1.55%
18-month$100,0001.54%1.55%
24-month$100,0002.87%2.90%
36-month$100,0002.18%2.20%
48-month$100,0002.18%2.20%
60-month$100,0002.33%2.35%

*DISCLAIMERS

Certificate Special: APY shown accurate as of 12/8/23 and available for a limited time.
Penalty for early withdrawal. Fees could reduce the earnings on the account for maintenance and activity fees.

Money Market Special: APY shown is accurate as of 5/8/23. Minimum opening deposit $10,000. Promotional rate effective for 10 months from opening date of new Money Market account.
Rate may change after account is opened. Please see your Truth in Savings schedule for rate information after the 10-month introductory period. Fees could reduce the earnings on the account for maintenance and activity fees.

Home Equity Line of Credit: Finance and other charges apply. The finance charge begins to accrue on the date each advance is posted to my Credit Limit and accrues for each day the balance remains unpaid. There is no “free ride period” which would allow you to avoid a finance charge on your credit line loan advances. The unpaid principal balance for each day is multiplied by the daily periodic rate to determine the finance charge you will pay. The unpaid principal balance is the unpaid balance of all advances made to you under the Plan at the close of each day after all transactions, including payments and new advances, have been entered. The annual percentage rate is calculated based on the value of an index and creditworthiness and can change every six months. A variable rate will apply that is based on the index which may change. A penalty rate may apply. If the payment is not received after the 10th day it is due two times in a 12-month period, the interest rate may increase. Other fees may apply.

Savings: Dividends will begin to accrue on non-cash deposits (e.g. checks) on the business day you make the deposit to your account. Dividends are paid from current income and available earnings after required transfers to reserves at the end of the dividend period. Your account is nontransferable and nonnegotiable.

Money Market: Minimum opening deposit $0.00. Minimum balance to avoid a service fee $0.00. Dividend compounding and crediting Daily/Monthly.
Fees could reduce the earnings on the account for maintenance and activity fees.

Certificates: Penalty may be imposed for early withdrawal and subject to account closure.

Individual Retirement Accounts: Traditional, Roth and Coverdell IRA accounts. Penalty may be imposed for early withdrawal.

Jumbo Certificates: Penalty may be imposed for early withdrawal and subject to account closure.

Jumbo Individual Retirement Accounts: Traditional, Roth and Coverdell IRA accounts. Penalty may be imposed for early withdrawal.

APY= Annual percentage yield. All dividend rates subject to change without notice. Other terms and conditions apply. Annual Percentage Yield (APY) assumes all principal and interest remain on deposit for the full term. APR = Annual Percentage Rate. Membership required. Federally insured by NCUA. Equal Housing Lender.