Morrisons Cove 1st FCU Checking

Deposit Accounts

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It all starts here! Saving money today provides a solid foundation for your financial future.  
Save for a special event, retirement, or just everyday needs. Open an account today and watch your savings grow!

Regular Share Account

Opening a regular share (savings) account for a minimum $5.00 deposit establishes your relationship with us so you can take advantage of all your Credit Union has to offer. These accounts pay dividends monthly; periodic statements will show your savings growth!

Share Draft Account

Share drafts are the Credit Union equivalent of a checking account. There is no service fee, and no minimum balance; no dividends are paid on share draft accounts. 

Share Certificates

Share Certificates are the equivalent of Certificates of Deposit. For a minimum of $500, you may purchase a six- or 12-month certificate. 

Special Share Account

Special share accounts are a great way to save for a special occasion or to save up for a particular purchase. Make additions whenever you have some extra cash, or use payroll deductions to add to it. Dividends are paid monthly.

Christmas Club

Christmas Club accounts are the perfect way to save money for Christmas. The funds you deposit are distributed on the second Tuesday of October*, just in time for Christmas shopping! Dividends are paid monthly.

Individual Retirement Accounts (IRA)

It's never too early or too late to start planning for retirement, and an IRA is a great way to save for the future you envision. We offer both Roth and Traditional plans, which can be opened with a minimum $25 deposit. Dividends are paid quarterly. 

Savings and Checking Rates
Effective Date: Sunday, February 5th, 2023
NameDividend RateAPYCompounding
Savings 0.010% 0.010% Monthly
Christmas Club 0.010% 0.010% Monthly
6- or 12-Month Certificate 0.050% 0.050% Monthly
IRA 0.250% 0.250% Quarterly
Checking 0.000% 0.000%  

Get started saving for your future today! Contact us to see how our versatile checking and savings accounts can help you reach your financial goals!

*Penalty for early withdrawal applies to Christmas Club accounts

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