- Home
- Meet the Team
- Log In
- Contact
- Careers
- Search
- Search Results
- Branches & ATMs
- Rates
- Log In
- About MCU
- Join MCU
- Personal Banking
- Lending
- Credit Cards
- Lending Services
- Insurance
- Member Resources
- MCU Financials
- Forms and Disclosures
- Privacy Policy
- Automated Telephone Banking
- Order New Checks
- Security & Fraud Alerts
- Privacy Notice
- Schedule an Appointment
Account Holder
A member with an active account, entitled to the institution's services and responsible for managing their account and transactions.
More Details
An account holder is a member with an active bank account or investment account. The account holder is responsible for managing the account and has the ability to make transactions, such as deposits and withdrawals
Example
An MCU member opens a savings account so that they can work towards their financial goals. They are now an account holder.
Related Terms
Account Statement
An official summary of all transactions and activities that occur in an account over the course of a given period of time.
Disclosure
The act of making information known to the public or to a specific individual or group.
Collateral
Property or assets offered as security for a loan. If the borrower defaults, the lender can seize the collateral to recover the value of the loan.