Savings & Certificates
Save toward whatever’s next.
Whether it’s a lifelong dream or a weekend getaway, we offer a variety of savings options to help you get there — each depositor insured up to $250,000 by the NCUA.
Our savings accounts earn competitive rates while keeping your money totally liquid, so you can reach it whenever you need it. Regular-share withdrawals can be phoned in, faxed, or emailed; checks are disbursed the same day when the request reaches our office before 1:00 pm.
- Payroll deduction for consistent, effortless saving.
- Christmas Club accounts to ease the burden of holiday shopping.
- Certificates of deposit to maximize your earnings.
- Attractive rates with low minimum deposit requirements.
Certificate terms
- 6- and 12-month terms available
- Interest credited at the end of each quarter, paid to the CD
- No additional deposits until maturity
- Early withdrawal penalty equals 90 days’ dividend
- Maturity notice mailed about 2 weeks ahead
- Auto-renews at maturity · 10-day grace period to withdraw
Current savings rates
| Account | Rate | APY | Details |
|---|---|---|---|
| Regular savings | 0.25% | 0.25% | $5 minimum eff. 6/30/25 |
| Christmas Club | 0.15% | 0.15% | $5 minimum eff. 6/30/25 |
| 6-month certificate | 2.0% | 2.01% | $1,000 minimum eff. 2/2/26 |
| 12-month certificate | 2.5% | 2.52% | $1,000 minimum eff. 2/2/26 |
| Jumbo certificate new money only | 3.25% | 3.29% | $10,000 min · 12 mo. eff. 2/2/26 |
| Jumbo certificate new money only | 3.75% | 3.80% | $25,000 min · 12 mo. eff. 2/2/26 |
Dividends are declared at the end of each quarter and are subject to change without notice. “New money” means funds not already on deposit with MEFCU. APY = Annual Percentage Yield.