Savings Accounts
With traditionally higher than market dividend rates paid on deposit accounts at the McKenzie Valley Federal Credit Union coupled with the ease of electronic deposits or payroll deductions, watch your savings grow.
Money Markets– Are you looking for higher earnings but want to avoid long-term commitment? Our money market accounts earn interest monthly, and you don’t have to worry about a maturity date. Money Market Accounts yield higher returns on deposits than other savings accounts. Unlike some accounts you may see advertised (where your investment is not insured), your deposit at McKenzie Valley FCU is federally insured to at least $250,000 by the National Credit Union Administration.
Share Certificates
With only $5,000, members can access the six and twelve month share certificates with above average yields that are amongst the highest around. All of our share certificates also have the feature of a “Bump” rate. One time during the term of the share certificate, if our published rates are greater than your current rate, give us a call and we will “Bump” your rate to the higher rate.
Checking Accounts
The McKenzie Valley Federal Credit Union offers five types of checking accounts. Whether you need a low or high activity account, or want a higher dividend rate, we have an account that will fit your needs.
VISA Check/ATM Card
With the convenience of a VISA Check/ATM card, you can access your money in your checking 24-hours a day at thousands of ATMs and millions of merchants worldwide. There is no charge for purchases or point-of-sale transactions and your first four ATM withdrawals per month are free. Click Here To Apply For A VISA Check/ATM Card»
(ATM owner may charge fee for all transactions. The Credit Union will charge $1.00 for each ATM withdrawel in excess of the four free per month.)
Federal Insurance
The money on deposit at the McKenzie Valley Federal Credit Union is insured by the National Credit Union Administration (NCUA) for up to $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF). The NCUA is a federal agency that has oversight of all federally insured credit unions in the United States.
| Deposit Rates – Effective February 10, 2023 | ||
| Account Type | Rate | APY* |
| Savings | 0.05% | 0.05% |
| Money Market | ||
| $0 – $4,999 | 0.05% | 0.05% |
| $5,000 – $14,999 | 0.10% | 0.10% |
| $15,000 – $29,999 | 0.15% | 0.15% |
| $30,000 – $49,999 | 0.20% | 0.20% |
| $50,000 & Over | 0.20% | 0.20% |
| Checks Plus | 0.05% | 0.05% |
| Liberty Gold | 0.10% | 0.10% |
| 6 Month Certificate | ||
| $5,000 – $24,999 | 0.10% | 0.10% |
| $25,000 & Over | 0.15% | 0.15% |
| 12 Month Certificate | ||
| $0 – $24,999 | 0.15% | 0.15% |
| $25,000 & Over | 0.20% | 0.20% |
| 18 Month Certificate | ||
| $0 – $24,999 | 0.20% | 0.20% |
| $25,000 & Over | 0.25% | 0.25% |
| 24 Month Certificate | ||
| $0 – $24,999 | 0.25% | 0.25% |
| $25,000 & Over | 0.30% | 0.30% |
