Prosper Rewards Pay My Loan ATM Locator

Rates valid as of Wednesday, March 29, 2017

Checking Accounts

If you opened your S3 Checking account prior to Aug. 24, 2015, click here

*APY = Annual Percentage Yield. Rates are subject to change without notice. Fees may reduce earnings. To earn the rate, you need an S3 Checking account, which requires a $100 minimum opening balance, a minimum monthly direct deposit of $500 or more, and an on-going minimum balance of at least $500. For Elite Checking, the account requires a $100 minimum opening balance, a minimum monthly direct deposit of $500 or more, and an on-going minimum balance of at least $49,999.99. 

Share Savings & Club Accounts

*APY = Annual Percentage Yield. Rates are subject to change without notice. Open with $5.00 or more.

Share Certificates & IRAs

*APY = Annual Percentage Yield. Rates and terms are subject to change without notice. Penalties apply for early withdrawal. There is no 3-month term for IRAs.

**APY = Annual Percentage Yield. Certificate rates valid as of 01/30/2017. Rates subject to change without notice. Rates shown require a minimum opening deposit of: Tier 1 ($1,000 - $19,999.99) -$1,000; Tier 2 ($20,000 - $49,999.99) - $20,000; Tier 3 ($50,000 - $1,000,000) - $50,000. Deposit may not exceed $1,000,000. Promotional CDs require new money that has not been on deposit with MHFCU for more than 30 business days. Fees could reduce earnings on the account. Penalties apply for early withdrawal which may result in loss of principal. 17-month promo certificates renew at an 18-month term and rate. Other rates and terms are available. Limit one certificate per unique Social Security number. Account requires credit union membership with at least $5 in the share savings account. Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government National Credit Union Administration (NCUA), a U.S. Government Agency.

Ascend Account

 

*APY = Annual Percentage Yield. Rates shown require new money that has not been on deposit with McGraw-Hill FCU for more than 30 days. Maximum deposit of $500,000. Funds must be deposited with the credit union between 3/1/2017 and 8/31/2017 to earn promotional rate. $5,000 minimum balance in the Ascend Account to earn interest. Interest is compounded daily and paid monthly. The amount of interest earned is based on the daily balances in the account. Fees could reduce earnings on this account. On 9/01/2017, rates will be converted to the traditional Money Market tiered rate structure. Current Money Market yields as of 03/01/2017: Tier 1 - $0 - $4,999.99 (0.05%), Tier 2 - $5,000 -$24,999.99 (0.10%), Tier 3 - $25,000-$99,999.99 (0.15%), Tier 4 - $100,000 - $249,999.99 (0.35%), Tier 5 - $250,000 or more (0.50%). Rates are variable and subject to change without notice at any time. Each tier reflects the current minimum daily balance required; the APY differs depending on balance in the account. A copy of the current rate sheet will be provided to you when you open your account or is available at any time upon request from the credit union. If account is closed within six (6) months of account opening, a $25 fee will be assessed. If your monthly balance drops below $5,000, a $25 fee will be assessed. Limit one promotional money market account per unique Social Security number. Account requires credit union membership with at least $5 in the share savings account. Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government National Credit Union Administration (NCUA), a U.S. Government Agency.

Money Market Account

 
*APY = Annual Percentage Yield. Rates are variable and may change after the account is opened. Fees may reduce earnings. If your monthly balance drops below $5,000 there is a $15 fee.

Premium IRA: Standard

*APY = Annual Percentage Yield. Rates and terms are subject to change without notice. Requires a minimum opening deposit of $25. The credit union is not a tax or legal advisor. Please consult with your own tax and legal advisors before taking any action that may have tax or legal consequences.

Other Checking Accounts

*APY = Annual Percentage Yield. Rates are subject to change without notice. Fees may reduce earnings.

**A monthly service fee may be assessed if the daily balance falls below the minimum balance requirement at any time during the statement cycle. These account types have been discontinued, but will remain open for all members who held an account as of May 7, 2012.

***My Choice: High Yield Checking requires account activity including Online Statements and a combination of eight (8) electronic services per month (Bill Payments, ACH transactions and/or signature-based purchases/transactions. PIN transactions are not included), and a qualifying monthly Direct Deposit to your account. A qualifying direct deposit is an electronic credit of your salary, pension, Social Security, or other regular monthly credit of $500 or more. Balances over $499,999.99 will earn 0.25% APY. 

 

Holiday Money Market Account
New Money Only

*APY = Annual Percentage Yield. Rates shown require new money that has been on deposit less than 14 calendar days from promo money market open date. Funds must be deposited with the credit union between 10/31/16 and 4/30/17 to earn promotional rate. $5,000 minimum balance to earn interest. Rates are variable and subject to change without notice at any time. Interest is compounded daily and paid monthly. The amount of interest earned is based on the daily balances in the account. After 4/30/2017, rates will be converted to a tiered structure. Each tier reflects the current minimum daily balance required; the APY differs depending on balance in the account. A copy of the current rate sheet will be provided to you when you open your account or is available at any time upon request from the credit union. Fees could reduce earnings on this account. Tier 1 - $5,000-$24,999.99 (0.20%), Tier 2 - $25,000-$49,999.99 (0.25%), Tier 3 - $50,000-$99,999.999 (0.65%), Tier 4 - $100,000 - $250,000 (0.80%). Balances $250,000 and over will earn 0.25%. If account is closed within six months of account opening, a $25 fee will be assessed. If your monthly balance drops below $5,000, a $25 fee will be assessed. Limit one promotional money market account per unique Social Security number. Accounts require membership in the Credit Union, which is subject to a $5 deposit. 


Optimizer Money Market Account
New Money Only

*APY means Annual Percentage Yield. Rates are variable and subject to change without notice at any time. Interest is compounded daily and paid monthly. The amount of interest earned is based on the daily balances in the account. Each tier described reflects the current minimum daily balance required; the APY differs depending on balance in the account. When the rates offered within two or more consecutive tiers are the same, this disclosure shows those multiple tiers as a single tier rate. The specific individual tiers are described in the rate sheet for this account. A copy of the current rate sheet will be provided to you when you open your account or is available at any time upon request from the credit union. Fees could reduce earnings on this account. Tier 1 - $5,000-$99,999.99 (0.15%), Tier 2 - $100,000-$499,999.99 (0.35%), Tier 3 - $500,000 and over (0.50%). If account is closed within six months of account opening, a $25 fee will be assessed. If your monthly balance drops below $5,000, a $15 fee will be assessed. Limit one Optimizer Money Market Account per unique social security number. Accounts require membership in the Credit Union, which is subject to a $5 deposit.

 

Maximizer Money Market Account 

As of 03/01/2017, all Maximizer Money Market Accounts have been transitioned to the Optimizer Money Market Account and rate structure.

 

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S Government Agency.

Questions? Ask McClever.