- 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
- Scholarship Search
- Schedule an Appointment
HERO SAVINGS
Earn Up to 0.05% APY*
![Hero-Hero Savings-Square](https://www.nymcu.org/hs-fs/hubfs/Hero-Hero%20Savings-Square.png?width=524&height=524&name=Hero-Hero%20Savings-Square.png)
Open an Account with Just a Penny, and Start Earning a Great APY* Right Away.
Saving for your dream vacation? Putting away money for retirement? Just need a savings account to keep your money in the smartest place possible?
MCU gives you simple, reliable banking you can count on.
Features & Benefits
- No Minimum Balance Fee
- MCU Visa® Debit Card
- Convenient Access to 33,000 Fee-Free ATMs** Nationwide
- Manage Your Money On-the-Go with Digital Banking
- Get Paid Up to 2 Days Early with Direct Deposit
- Accounts Insured by the National Credit Union Administration
Today's Rates
![savings-wht-f](https://www.nymcu.org/hubfs/savings-wht-f.png)
Hero Savings
$50,000 and Over
0.05 %
APY(1)![savings-wht-f](https://www.nymcu.org/hubfs/savings-wht-f.png)
Hero Savings
$4,000 - $49,999.99
0.05 %
APY(1)![savings-wht-f](https://www.nymcu.org/hubfs/savings-wht-f.png)
Hero Savings
$1,000 - $3,999.99
0.01 %
APY(1)![savings-wht-f](https://www.nymcu.org/hubfs/savings-wht-f.png)
Hero Savings
$500 - $999.99
0.01 %
APY(1)APY = Annual Percentage Yield (OPEN TO READ MORE)
1Minimum Opening Deposit is $0.01, funded by MCU.
Save Time with Mobile Deposits
With MCU's mobile deposit feature, depositing a check is as easy as snapping a photo on your phone. Just take a picture of your check, upload it using the NYMCU Mobile App, and you're done!
![mobile-deposits-student](https://www.nymcu.org/hs-fs/hubfs/mobile-deposits-student.jpg?width=524&height=499&name=mobile-deposits-student.jpg)
![Dots 1-1](https://www.nymcu.org/hs-fs/hubfs/MCU/Dots%201-1.png?width=193&height=126&name=Dots%201-1.png)
Ready to Join the MCU Community?
Apply now to get access to the competitive rates, personal banking products, and educational resources you need to create a foundation for an exceptional financial future.
FAQs
Can I be sure that my deposits are safe?
Are my savings insured?
How are APY and dividend rates determined?
How do I know which savings product is best suited for my needs?
Am I eligible to become an MCU member?