Saving at MCCU

MCCU offers great savings options to our members. After you open your savings account you begin your relationship with MCCU! Opening your Savings account is easy and safe and can be done in as little as 10 minutes! As always, you can rest assured that your savings will be insured up to at least $250,000 through the National Credit Union Administration (NCUA).

Share Savings Accounts

When you first become a member, you open a Share Savings Account with a minimum deposit of just $5.  This account begins your path to savings and becoming a member of MN Catholic Credit Union.

Money Market Accounts

Money Market Accounts are designed to help you earn a higher interest rate for a higher balance.  The minimum balances is $2,000.  These are federally insured just like all of our savings accounts but give you a higher rate of return while having easy access to your funds.

Christmas Club Accounts

Christmas Club Accounts allow you to save for holiday shopping all year long, and earn great interest at the same time. You can even set up automatic payroll deduction to make saving easier! In early November MN Catholic CU will send you a check or transfer the monies into your checking account, just in time for holiday shopping. No more post-holiday debt to deal with!

Certificates of Deposit (CDs) are popular because they deliver insured safety, attractive guaranteed fixed rates, and maturities ranging from 6 months to 2 years. The minimum CD amount starts as low as $1000. Rates for new CDs are subject to change at any time and interest is compounded monthly for all terms. Interest earned can be compounded, paid to you by check, or deposited to your credit union checking or savings accounts.

Current CD Terms Being Offered:

  • 6 month term
  • 12 month term
  • 18 month term
  • 24 month term

Stop in today to open a CD account, or call us at (651) 484-0265.

IRAsWe offer three types of Individual Retirement Accounts (IRAs).

A Traditional IRA is a tax-deferred retirement savings account. You pay taxes on your money only when you make withdrawals in retirement. Deferring taxes means all of your dividends, interest payments and capital gains can compound each year without being hindered by taxes – allowing an IRA to grow much faster than a taxable account.

Traditional IRAs come in two varieties: deductible and nondeductible. Whether you qualify for a full or partial tax deduction depends mostly on your income and whether you have access to a work-related retirement account like a 401(k). A deductible IRA can lower your tax bill by allowing you to deduct your contributions on your tax return – you essentially get a refund on the taxes you paid earlier in the year. You fund a nondeductible IRA with after-tax dollars. You cannot deduct contributions on your tax return.

A Roth IRA is a retirement savings account that allows your money to grow tax-free. You fund a Roth with after-tax dollars, meaning you’ve already paid taxes on the money you put into it.  In return for no up-front tax break, your money grows and grows tax free, and when you withdraw at retirement, you pay no taxes. That’s right – every penny goes straight in your pocket.

A Coverdell Education Savings Account (ESA) allows your investment to grow tax deferred and withdrawals for qualified education expenses are tax free.

Guidelines can change anytime. Please contact the Credit Union for more information.

Start your Teen off on the right foot and introduce them to learning and managing a debit card account! Going to the mall with friends after school, out for an ice cream after the big game? No problem… MCCU’s debit cards are FREE, safe, dependable and easy to use.

Youth Savings AccountsYouth Debit Card Accounts

  • Available to teens ages 13-18 yrs old
  • $25 to open the account
  • NO monthly minimum balance required
  • NO monthly maintenance fee
  • Thousands of Surcharge FREE ATM available to use across the country, and access your cash!
  • Free online access to easily manage and check your account balances
  • Parental Co-ownership is required
  • Youth Debit Cards cannot be overdrawn either!
  • You are only able to spend what is in your account, not a penny more!

*This account automatically becomes your Always Free Checking Account, when you reach the age of 18 yrs old.



As a non-for-profit credit union, we’re proud to offer competitive rates on our CDs and other products.

We want to help you reach your goals.

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