Savings Rates
Members Exchange Savings Account Rates
Use our calculators to estimate your savings.
| Share Account Type | Rate Type | Minimum Opening Balance | Minimum Earning Balance | Dividend Rate | Annual Percentage Yield |
|---|---|---|---|---|---|
Savings Accounts |
|||||
| Regular Share Savings (Minors Only) |
Variable | $1.00 | $0.01 | 0.010% | 0.010% |
| Regular Share Savings | Variable | $1.00 | $500 | 0.010% | 0.010% |
| Regular Share Savings | Variable | $1.00 | $1,000 | 0.010% | 0.010% |
| Regular Share Savings | Variable | $1.00 | $2,500 | 0.010% | 0.010% |
| Regular Share Savings | Variable | $1.00 | $5,000 | 0.010% | 0.010% |
| Holiday Club | Variable | $1.00 | $500 | 0.010% | 0.010% |
| Vacation Club | Variable | $1.00 | $500 | 0.010% | 0.010% |
Kasasa Saver Savings |
|||||
| Qualifying*+ | Variable | $0.00 | $0.01 – $25,000 | 0.995% | 1.000% |
| Qualifying*+ | Variable | $0.00 | $25,000.01 or more | 0.250% | 0.250% |
| Non-Qualifying | Variable | $0.00 | $0.01 | 0.050% | 0.050% |
Higher Earning Accounts |
|||||
| Money Market | Variable | $2,500 | $2,500 | 0.150% | 0.150% |
| Money Market | Variable | $2,500 | $10,000 | 0.200% | 0.200% |
| Money Market | Variable | $2,500 | $25,000 | 0.250% | 0.250% |
| Money Market | Variable | $2,500 | $50,000 | 0.300% | 0.300% |
| IRA Savings | Variable | $0.00 | $0.01 | 0.010% | 0.010% |
| IRA Savings | Variable | $0.00 | $1,000 | 0.050% | 0.050% |
| IRA Savings | Variable | $0.00 | $2,500 | 0.100% | 0.100% |
| IRA Savings | Variable | $0.00 | $5,000 | 0.150% | 0.150% |
Checking Accounts |
|||||
| Kasasa Cash Checking | |||||
| Qualifying+ | Variable | $50 | $0.01 – $25,000 | 4.889% | 5.000% |
| Qualifying+ | Variable | $50 | $25,000 or more | 0.250% | 0.250% |
| Non-Qualifying | Variable | $50 | $0.00 | 0.050% | 0.050% |
| Members Choice Checking | Variable | $100 | $1,000 | 0.010% | 0.010% |
| Simply Checking | Variable | $100 | $1,000 | 0.010% | 0.010% |
*Kasasa Saver accounts are only linked to Kasasa Cash Back and Kasasa Cash Checking.+ Kasasa accounts must meet the account qualifications set forth in the Truth in Savings Disclosure in order to earn the qualifying dividend rate and APY.
Dividends on share accounts are determined at the end of each quarter after taking into account income and available earnings after required transfers to reserves. Dividends are earned on the daily share balance, and the share account must remain open through the end of the dividend period. Dividend rates for future periods are not guaranteed.
Share and deposit rates effective 3/14/2023.
APY=Annual Percentage Yield.
Check out the complete list of our Personal Savings Accounts. Please call Members Exchange at 601-922-3350 to obtain the most current rate information.