* Close-out prior to maturity date forfeits interest, whether credited to account or not, as follows:
Term Certificate Accounts = 12 months or less: Member forfeits interest for 3 months
Term Certificate Accounts = Over 12 months: Member forfeits interest for 6 months
Effective 7/01/2008
Money Market Account
|
Minimum Balances
|
Dividend Rate
|
APY*
|
|
Less Than $2,000.00
|
0.00%
|
0.00%
|
|
$2,000.00-$9,999.99
|
1.000%
|
1.00%
|
|
$10,000.00-24,999.99
|
1.489%
|
1.50%
|
|
$25,000.00-$49,999.99
|
1.735%
|
1.75%
|
|
$50,000.00 & Over
|
2.225%
|
2.25%
|
*APY = Annual Percentage Yield
Back to Top
Term Certificate AccountsBack to Top
|
Certificates
|
Minimum Deposit
|
Dividend Rate
|
APY*
|
|
6 month term
|
$500
|
2.762%
|
2.80%
|
|
12 month term
|
$500
|
2.859%
|
2.90%
|
|
18 month term
|
$500
|
2.956%
|
3.00%
|
|
24 month term
|
$500
|
3.005%
|
3.05%
|
|
36 month term
|
$500
|
3.198%
|
3.25%
|
|
48 month term
|
$500
|
3.441%
|
3.50%
|
|
60 month term
|
$500
|
3.635%
|
3.70%
|
*APY = Annual Percentage Yield
** Requires Direct Deposit of payroll or retirement check and maintenance of MSECU checking
IRA Term Certificate Accounts/Traditional Roth & Education (Min. $500.00)
|
Certificates
|
Minimum Deposit
|
Dividend Rate
|
APY*
|
|
12 month term
|
$500
|
2.859%
|
2.90%
|
|
24 month term
|
$500
|
3.005%
|
3.05%
|
|
36 month term
|
$500
|
3.198%
|
3.25%
|
|
48 month term
|
$500
|
3.441%
|
3.50%
|
|
60 month term
|
$500
|
3.635%
|
3.70%
|
*APY = Annual Percentage Yield
Back to Top
IRA Money Market(Traditional, Roth & Education)
|
Minimum Balances
|
Dividend Rate
|
APY*
|
|
Less Than $2,000.00
|
0.00%
|
0.00%
|
|
$2,000.00-$9,999.99
|
1.000%
|
1.00%
|
|
$10,000.00-24,999.99
|
1.489%
|
1.50%
|
|
$25,000.00-$49,999.99
|
1.735%
|
1.75%
|
|
$50,000.00 & Over
|
2.225%
|
2.25%
|
*APY = Annual Percentage Yield
Back to Top
|
Payroll Deduct your IRA Contributions
Under 50 years of Age Max
$192.31 on a Biweekly payroll = $5,000/yr
Over 50 Years of Age Max
$230.77 on a Biweekly Payroll = $6,000/yr
|
All deposits fully insured by the NCUA, an Agency of the U.S. Government, up to $100,000. Balances above $100,000 insured by MSIC up to the maximum allowed by law.
Rates Subject to Change without prior notification
|
