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 6-1-2020, 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$1,0000.50%0.50%
18-month$1,0000.60%0.60%
24-month$1,0000.80%0.80%
30-month$1,0001.00%1.00%
36-month$1,0001.05%1.05%
48-month$1,0001.15%1.16%
60-month$1,0001.30%1.31%
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$1,0000.60%0.60%
18-month IRA$1,0000.70%0.70%
24-month IRA$1,0000.90%0.90%
30-month IRA$1,0001.10%1.11%
36-month IRA$1,0001.15%1.16%
48-month IRA$1,0001.25%1.26%
60-month IRA$1,0001.40%1.41%
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$100,0000.90%0.90%
6-month$100,0001.05%1.05%
12-month$100,0001.25%1.26%
18-month$100,0001.35%1.36%
24-month$100,0001.55%1.56%
30-month$100,0001.75%1.76%
36-month$100,0001.80%1.81%
48-month$100,0001.90%1.91%
60-month$100,0002.05%2.07%
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$100,0001.35%1.36%
18-month$100,0001.45%1.46%
24-month$100,0001.65%1.66%
30-month$100,0001.85%1.86%
36-month$100,0001.90%1.91%
48-month$100,0002.00%2.02%
60-month$100,0002.15%2.17%
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.