Do I have to have a Membership Savings Account?

To take advantage of all the benefits of Metro membership, you will need to open a Membership Savings Account with just a $5.00 required minimum balance.

Can I open My Reward Savings without My Reward Checking?

My Reward Savings can only be opened by members who already have My Reward Checking.

How do I get money from my Club account?

Funds are automatically transferred to a Metro savings account on May 1st for Vacation Club accounts and October 1st for Christmas Club accounts.

Savings Accounts | Metro Credit Union

Visit your local branch 877.MY.METRO Open Now

Membership Savings

The key to unlocking your membership benefits with Metro
Only $5.00 required as your member share amount

Open Now

My Reward Savings

Pays a higher rate of interest on balances up to $3,000.00
Account must be linked to My Reward Checking
Save Your Change - A convenient way to help you save by “rounding up” debit card purchases with the change deposited into your Metro savings account. Call 877.MY.METRO or visit a branch to enroll!

Open Now

High Yield Savings

The more you save, the more you earn
Premium rates on balances of $10,000.00 or more

Open Now

Club Accounts

Put money away for Christmas or a vacation...or both
With automated deposits, you'll never miss the money you save
Funds are distributed on October 1 for the Christmas Club and May 1 for the Vacation Club

Open Now

Money Market Account

Enjoy a higher rate on your savings
Easy access to your funds by check or ATM

Open Now

Savings Builder

Build your investment foundation
Start with as little as $10.00
When your balance reaches $500.00, it automatically converts to a 12 month CD
For every $500.00 you save, another 12 month CD is opened

Open Now

Certificate of Deposit

Lock in a guaranteed rate over a fixed period of time
Low minimum investment of $500.00
Terms from 3 months to 5 years
Interest is compounded daily and paid monthly for terms 1 year or greater
Terms less than 1 year earn simple interest

Open Now

IRAs

IRA Accumulator

Make weekly, bi-weekly, or monthly contributions
Spread your IRA contribution over the entire year, helping you to save regularly
Choose from Traditional or Roth IRA

IRA CDs

Lock in a lump sum contribution at a higher rate of interest
Terms from one to five years
Open with as little as $500.00
Choose from Traditional or Roth

Traditional IRA

Create a balanced, long-term savings plan that will help provide safety and security
Contributions may be deducted from your taxable income, reducing the income taxes you pay now.

Roth IRA

An easy and safe way to plan for the future.
Withdraw contributions any time, tax-free and penalty-free.
No mandatory distribution at age 70½.
Contributions are not tax-deductible, but the earnings are tax-free as long as your funds have been in the account for at least five years and you are either over age 59½, disabled, or buying your first home.

Questions? We have answers.

By the Numbers

Effective 10.18.2021

Product	APY¹	Interest Rate	Min Balance to Earn Interest	Min Balance to Open
Membership Savings Account	0.10^%	0.10^%	$25.00	$5.00
Christmas Club	0.10^%	0.10^%	$25.00	$10.00
Vacation Club	0.10^%	0.10^%	$25.00	$10.00
IRA Accumulator	0.50^%	0.50^%	$25.00	$10.00
Roth IRA	0.50^%	0.50^%	$25.00	$10.00
My Reward Savings**	2.00^%	1.98^%	Up to $3,000.00	$5.00
	0.10^%	0.10^%	Over $3,000.00	-

¹

Annual Percentage Yield. Rates are variable and subject to change after account opening without notice. Fees may reduce earnings. Dividends are compounded and paid monthly. Membership Savings Account/Secondary Savings accounts have a low balance fee of $2.00 if the average daily balance falls below $150.00, and there is no associated loan product. Annual Percentage Yield (APY) Earn 0.50% APY on balances up to $5,000.00 and 0.10% APY on balances greater than $5,000.00. For example: $5,000.01 earns 0.50% APY and a $10,000.00 balance earns 0.30% APY. Funds earn dividends from the business day of deposit and are compounded and paid monthly. **2.00% APY will be paid on the balance in your account up to $3,000. An interest rate of 0.10% will be paid on the remaining balance in your account that exceeds $3,000 with a $3,000.01 balance in your account earning 2.00% APY and a $4,000 balance in your account earning 1.53% APY, as examples. $5 minimum deposit to open. One My Reward Savings per person and must be linked to My Reward Checking. Rates may change after account opening. Funds earn dividends from the first business day of deposit and are compounded and paid monthly. Fees may reduce earnings.

High Yield Savings

Effective 10.18.2021

Product	APY¹	Interest Rate	Min Balance to Earn Interest	Min Balance to Open
High Yield Savings	0.25^%	0.25^%	Up to $9,999.99	$10,000.00
	0.25^%	0.25^%	$10,000.00 - $24,999.99	-
	0.30^%	0.30^%	$25,000.00 - $49,999.99	-
	0.40^%	0.40^%	$50,000.00 or more	-

¹

Annual Percentage Yield (APY), but may vary after account opening, is subject to change and is based on daily balances. Rates may change throughout the month and will affect the monthly interest payment. Fees may reduce earnings. Accounts cannot be accessed using ATM or Debit Card. $10,000 minimum opening deposit is required. Low balance fee of $25, if at any time during the month the Average Daily balance falls below $10,000.00.” (New Money ONLY).

Money Market

Effective 10.18.2021

Product	APY¹	Interest Rate	Min Balance to Earn Interest	Min Balance to Open
Money Market	0.15^%	0.15^%	$2,000.00 - $9,999.99	$2,000.00
	0.20^%	0.20^%	$10,000.00 - $24,999.99	-
	0.25^%	0.25^%	$25,000.00 - $49,999.99	-
	0.25^%	0.25^%	$50,000.00 - $74,999.99	-
	0.30^%	0.30^%	$75,000.00 or more	-

¹

*Annual Percentage Yield (APY) as of 10.18.20, but may vary after account opening, and is subject to change and based on daily balances. This is a variable rate account and rates may change throughout the month and will affect the monthly interest payment. Minimum of $2,000 to open. On average daily balances below $2,000, rate will be comparable to the regular savings rate. Low balance fee of $5.00 if average daily balance is less than $2,000 and no associated loan product. Fees may reduce earnings. This account can only be opened online. New money only.

Certificates of Deposit

Effective 01.04.2021

Product	APY¹	Interest Rate	Min Balance to Earn Interest	Min Balance to Open
3 Months	0.25^%	0.25^%	$0.01	$500.00
6 Months	0.35^%	0.35^%	$0.01	$500.00
9 Months	0.35^%	0.35^%	$0.01	$500.00
12 Months	0.35^%	0.35^%	$0.10	$500.00
18 Months	0.50^%	0.50^%	$0.01	$500.00
24 Months	0.75^%	0.75^%	$0.01	$500.00
36 Months	0.95^%	0.95^%	$0.01	$500.00
60 Months	1.05^%	1.04^%	$0.01	$500.00
12 Month CD Special*	0.50^%	0.50^%	$0.10	$500.00
18 Month Special*	0.60^%	0.60^%	$0.01	$500.00
24 Month CD Special*	0.85^%	0.85^%	$0.01	$500.00
12 Months Traditional/Roth IRA CD	0.45^%	0.45^%	$0.01	$500.00
18 Months Traditional/Roth IRA CD	0.60^%	0.60^%	$0.01	$500.00
20 Months Traditional/Roth IRA CD	0.85^%	0.85^%	$0.01	$500.00
24 Months Traditional/Roth IRA CD	0.85^%	0.85^%	$0.01	$500.00
36 Months Traditional/Roth IRA CD	1.05^%	1.04^%	$0.01	$500.00
60 Months Traditional/Roth IRA CD	1.15^%	1.14^%	$0.01	$500.00
12 Months Traditional/Roth Special IRA CD	0.60^%	0.60^%	$0.01	$500.00
18 Months Traditional/Roth Special IRA CD	0.70^%	0.70^%	$0.01	$500.00
24 Months Traditional/Roth Special IRA CD	0.95^%	0.95^%	$0.01	$500.00

¹

Annual Percentage Yield. CD rates are subject to change without notice. Terms less than 12 months earn simple interest paid at maturity. Dividends are compounded daily and paid monthly on terms greater than 12 months. 12, 18 and 24 Month CD Specials cannot be opened online, and cannot be combined with any other offer. Federal Regulations require a substantial penalty on funds withdrawn prior to maturity for all Certificate of Deposit (CD) accounts. Fees could reduce earnings on the account. Please see Metro’s Truth in Savings for Certificates of Deposit. *Cannot be opened online.

Fees may apply. See the Consumer Account Fee Schedule and the Membership Account Agreement for details.