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Saving for life’s opportunities and surprises

A savings account with MIT Federal Credit Union gets you started on the path to your financial goals. 

  • Establish an emergency savings plan
  • Explore new places
  • Book that dream vacation
  • Plan for retirement
  • Provide security for you and your family

Your membership with us  begins with just a $5 deposit. Choose from a variety of savings accounts, and select the one(s) that work best for you.

Open your account now! 

Savings Accounts
Effective Date: Tuesday, October 4th, 2022
Account TypeMinimum Daily Balance to EarnDividend RateAPY**
Savings* $100.00 0.05% 0.05%
IRA Share (Traditional & Roth) $100.00 0.05% 0.05%
Select Savings $25,000.00 0.10% 0.10%
Money Market $50,000.00 0.10% 0.10%
  $10,000.00 0.10% 0.10%
  $1,000.00 0.05% 0.05%
Club Accounts None 0.05% 0.05%

*A $5.00 balance is required to open a Savings Account, which is required for membership at MIT Federal Credit Union. To earn a dividend, you must maintain the Minimum Daily Balance listed above. No dividend will be paid on days when the balance falls below the required minimum. The rate may change after account opening. Fees could reduce earnings on the account.

** APY=Annual Percentage Yield. Share Certificate APY assumes dividends are retained in the Certificate; there may be a penalty for early withdrawal. The required Minimum Daily Balance must be maintained at all times. Other terms and conditions apply. Rates are accurate as of the current date. Rates are subject to change without notice. Please consult a Representative for complete savings information.

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