Free Basic Checking from MTC Federal offers flexibility, convenience and easy access to help you manage your daily expenses.
Requirements:
Special Features:
- No minimum balance requirement
- No service charges
- Complimentary 1st box of checks
- 6 free non-MTC Federal ATM withdrawals per month
Make your money work harder for you with a Dividend Checking account! Enjoy all the benefits and convenience of a Basic Checking account plus earn dividends each month on your account balance.
Requirements:
- $300 minimum balance to earn dividends
Special Features:
- No monthly service charge
- Monthly dividends paid on account based on average daily balance
- 6 free non-MTC Federal ATM withdrawals per month
Current Rates:
Dividend Checking
Account Balance
|
Dividend Rates
|
Annual Percentage Yield (APY)
|
$300 - $2,499.99
|
0.05%
|
0.05%
|
$2,500 - $14,999.99
|
0.10%
|
0.10%
|
$15,000 - $49,999.99
|
0.10%
|
0.10%
|
$50,000 - $74,999.99
|
0.15%
|
0.15%
|
$75,000 - $99,999.99
|
0.20%
|
0.20%
|
$100,000 or more
|
0.30%
|
0.30%
|
Earn more and save more with an E-Checking account! In addition to earning dividends on your balance, you’ll enjoy special bonus points for loans and deposits.
Requirements:
- Direct deposit of $400 per month
- $1,500 minimum balance to earn dividends
- Use of e-statements required
Special Features:
- Monthly dividends paid on account based on average daily balance
- $1,500 minimum balance to avoid a service fee
Current Rates:
E-Checking
Account Balance
|
Dividend Rates
|
Annual Percentage Yield (APY)
|
$1,500 - $2,499.99
|
0.05%
|
0.05%
|
$2,500 - $14,999.99
|
0.10%
|
0.10%
|
$15,000 - $49,999.99
|
0.10%
|
0.10%
|
$50,000 - $74,999.99
|
0.15%
|
0.15%
|
$75,000 - $99,999.99
|
0.20%
|
0.20%
|
$100,000 or more
|
0.30%
|
0.30%
|
You’ve worked hard to get to where you are in life, and MTC Federal wants to reward you for that! If you’re age 50 or over, you can take advantage of our 50+ Checking accounts to receive extra benefits that save you money. This program adds perks to any MTC Federal checking account: Basic Checking, Dividend Checking, or E-Checking.
Requirements:
- Member must be age 50 or over
- Requirements for selected checking account option apply
Special Features:
- Free basic checks (up to 2 boxes per year)
- Free online stop payment requests
Help your teenager learn good money management skills with their own checking account! Youth members are eligible to open a Teen Checking account at age 13.
Requirements:
- Must have Claim Your Youth savings account with initial deposit of $10.
Special Features:
A parent/guardian cosigner is required. The cosigner will also have 24/7 account access through Web-Branch and our mobile app.
Learn more about Youth Accounts.
Current Rates:
Dividend Checking
Account Balance
|
Dividend Rates
|
Annual Percentage Yield (APY)
|
$300 - $2,499.99
|
0.05%
|
0.05%
|
$2,500 - $14,999.99
|
0.10%
|
0.10%
|
$15,000 - $49,999.99
|
0.10%
|
0.10%
|
$50,000 - $74,999.99
|
0.15%
|
0.15%
|
$75,000 - $99,999.99
|
0.20%
|
0.20%
|
$100,000 or more
|
0.30%
|
0.30%
|