Interest Rates for Savings Products

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 August 1, 2020, and are subject to change without notice. Contact your local branch to verify today’s rates.

Term Share Certificates

TermMinimum Balance to Earn DividendsNominal Dividend RateAnnual Percentage Yield
3-month$1,0000.15%0.15%
6-month$1,0000.30%0.30%
12-month$1,0000.40%0.40%
18-month$1,0000.50%0.50%
24-month$1,0000.60%0.60%
30-month$1,0000.70%0.70%
36-month$1,0000.90%0.90%
48-month$1,0001.00%1.00%
60-month$1,0001.15%1.16%
Penalty may be imposed for early withdrawal and subject to account closure. NOTE – Minimum balance of $1000 applies to members under 18 (excluding Specials)

Individual Retirement Accounts

TypeMinimum Balance to Earn DividendsNominal Dividend RateAnnual Percentage Yield
12-mont IRA$1,0000.50%0.50%
18-month IRA$1,0000.60%0.60%
24-month IRA$1,0000.70%0.70%
30-month IRA$1,0000.80%0.80%
36-month IRA$1,0001.00%1.00%
48-month IRA$1,0001.10%1.11%
60-month IRA$1,0001.25%1.26%
Traditional, Roth and Coverdell IRA accounts. Penalty may be imposed for early withdrawal. NOTE – Minimum balance to open an IRA certificate is also $1,000.

Jumbo Term Share Certificates

TermMinimum Balance to Earn DividendsNominal Dividend RateAnnual Percentage Yield
3-month$100,0000.20%0.20%
6-month$100,0000.35%0.35%
12-month$100,0000.45%0.46%
18-month$100,0000.55%0.55%
24-month$100,0000.65%0.65%
30-month$100,0000.75%0.75%
36-month$100,0000.95%0.95%
48-month$100,0001.05%1.05%
60-month$100,0001.20%1.21%
Penalty may be imposed for early withdrawal and subject to account closure.

Jumbo Individual Retirement Accounts

TypeMinimum Balance to Earn DividendsNominal Dividend RateAnnual Percentage Yield
12-month$100,0000.55%0.55%
18-month$100,0000.65%0.65%
24-month$100,0000.75%0.75%
30-month$100,0000.85%0.85%
36-month$100,0001.05%1.05%
48-month$100,0001.15%1.16%
60-month$100,0001.30%1.31%
Traditional, Roth and Coverdell IRA accounts. Penalty may be imposed for early withdrawal. NOTE – Minimum balance to open a Jumbo IRA certificate is also $100,000.

All dividend rates subject to change without notice. Annual Percentage Yield (APY) assumes all principal and interest remain on deposit for the full term. Accounts are federally insured to $250,000 by NCUA.