Save

Whether you are dreaming about saving or saving for your dreams, it is important to have a savings plan in place. RMECU has the right savings account with the right rate to help you achieve your goals, dreams, and future security.

Checking

Free Checking
  • No minimum balance or monthly service fees

  • Free RMECU debit card

  • Free first box of checks

  • Earn monthly dividends on daily average balances over $100

Business Checking
  • Available to current members of RMECU

  • Free RMECU debit card

  • Business Checks

  • $5 monthly service fee

Savings

Regular Savings
  • This savings is what makes you a member owner
  • Minimum balance of $5 is your share in the credit union
  • Earn monthly dividends on daily average balances over $100
Special Savings
  • Open one or multiple special savings to save for any purpose

  • No minimum balance requirements

  • Earn monthly dividends on daily average balances over $100

Certificates (CDs)

A great way to earn more for keeping your funds in an account for a designated period of time.

  • Terms as short as 3 months or as long as 48 months

  • Minimum deposit of $1,000

  • Dividends are paid monthly until maturity date

Retirement Accounts (IRAs)

Traditional

Rollover or transfer your existing Traditional IRA, 401(k) from a previous employer, or start saving for retirement.

  • No maintenance fees
  • A conservative way to save for retirement
  • Earn monthly dividends
  • Offered as a savings account
Roth

Rollover or transfer your existing Roth IRA or start saving for retirement.

  • Put money away you have already paid taxes on
  • No maintenance fees
  • Earn monthly dividends
  • Offered as a savings account

Health Savings Account (HSA)

Put money away in a tax-sheltered account to assist in paying for medical expenses if you have a high deductible health care plan.

  • No minimum balance

  • Free HSA Debit Card

  • Earn monthly dividends

Savings Rates

TypeAPR*APY**
Regular Savings†0.08%0.08%
Club/Sub Savings0.08%0.08%
Checking Account0.01%0.01%
Certificate Accounts^
3 Months1.00%1.01%
6 Months1.10%1.11%
9 Months1.20%1.21%
12 Months1.50%1.51%
13 Month Special4.00%4.07%
18 Months1.50%1.51%
24 Months1.75%1.77%
28 Month Special2.50%2.53%
36 Months2.00%2.02%
48 Months2.10%2.12%
IRA Savings (Traditional and Roth)†0.15%0.15%
HSA (Health Savings Account)0.90%0.90%

*APR is annual percentage rate
**APY is annual percentage yield

†$5 membership deposit is required to open account.

^Minimum balance required to open a Certificate Account is $1,000 unless otherwise indicated. If certificate is closed before maturity date, a 90 day dividend penalty will be charged.

For more information on available share certificate account specials, contact the credit union.

Minimum daily balance of $100 to earn dividends on Regular Savings, Club/Sub Savings, Checking Account, and IRAs.