Whether you’re just starting to save or you’re well underway towards achieving your financial goals, RMCU has a Savings account just for you!
Below you’ll find a comparison of our savings products so that you can decide which ones will best fit your needs.
*All members are required to open a Membership Savings with a $20 minimum balance in order to maintain membership with RMCU and utilize our additional products and services.
**Includes Roth, Traditional, SEP, or ESA
Savings*
Minimum Balance Requirement: $20
Monthly Fee: None
Interest Rate: 0.02%-0.10% APY
Free Online Banking and eStatements: Yes
Standard Money Market
Minimum Balance Requirement: $2,500
Monthly Fee: $10 if balance drops below $2,500
Interest Rate: 0.30%-0.45% APY
Free Online Banking and eStatements: Yes
Premier Money Market
Minimum Balance Requirement: $50,000
Monthly Fee: $25 if balance drops below $50,000
Interest Rate: 0.50%-0.65% APY
Free Online Banking and eStatements: Yes
IRA Savings**
Minimum Balance Requirement: None
Monthly Fee: None
Interest Rate: 0.05%-0.25% APY
Free Online Banking and eStatements: Yes
HSA Savings
Minimum Balance Requirement: None
Monthly Fee: None
Interest Rate:0.05%-0.25% APY
Free Online Banking and eStatements: Yes
Certifications of Deposit
In addition to our savings products, RMCU also offers an array of certificate options to assist you in reaching your financial goals. Below you can view our certificate options to see which ones best fit your needs.
*All Term Certificates also available for IRA accounts. Early withdrawal penalties and fees could reduce earnings.
Vault Certificate
Minimum Deposit: $1
Eligibility Requirement: Membership Savings and $10 Automatic Deposit to Certificate
Term: 12 Months
Can add to certificate during the term: Yes
Term Certificate
Minimum Deposit: $1,000
Eligibility Requirement: Membership Savings
Term: 3 - 60 Months
Can add to certificate during the term: Yes
Youth Certificate
Minimum Deposit: $250
Eligibility Requirement: Membership Savings & Under Age 18
Term: 18 Months
Can add to certificate during the term: Yes