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^*APY=Annual Percentage Yield. APY is accurate as of 10/16/2026.

High-Yield Savings Account - Eligibility for Advertised APY:

To be eligible to earn dividends for the High Yield Savings account at the posted High Yield Savings Annual Percentage Yield ("APY"), you must first deposit a total of $5,000 of New Money† into the High Yield Savings account ("New Money Requirement"). Other funds currently on deposit in a MCU account may be transferred or deposited into the High Yield Savings Account, but those funds will not count towards the New Money Requirement. Until the New Money Requirement is met, dividends on the Average Daily Balance in the High Yield Savings Account will accrue at the same APY as the Hero Savings Account with the corresponding Minimum Balance to earn the stated APY for the Hero Savings Account. Once the New Money Requirement is met, there is no minimum balance required to earn the posted High Yield Savings APY and, after the New Money Requirement is met, any High Yield Savings Account balance will earn dividends at the posted High Yield Savings APY. The dividend rate and APY is subject to change.

The Annual Percentage Yield ("APY") reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period.

Minimum Opening Deposit: A minimum of $100.00 opening deposit is required.

This is a variable rate account and the rate may change monthly after the account is opened. Fees and other conditions could reduce earnings. The disclosed Dividend Rate and Annual Percentage Yield are accurate as of the last dividend declaration date.

^†“New Money” is defined as funds that are not on deposit in any MCU account at the time the account with the New Money requirement is opened. The New Money requirement may be satisfied by: (1) making a deposit of New Money directly into an account bearing a New Money requirement; or (2) making a deposit of New Money into a savings or checking account and transferring the New Money into the account bearing the New Money requirement within seven (7) days of the date of deposit. Funds transferred into an account bearing a New Money requirement from any MCU account after seven (7) days from the date of deposit will not be eligible to satisfy the New Money requirement.

Fees: There are no Account specific fees. Standard fees applicable to MCU membership and deposit accounts apply. Fees may reduce earnings.

Membership is open to anyone who lives, works, worships, or attends school in New York City (NYC), and family members or household members of existing MCU members. A primary share account is required to establish membership. Primary share accounts are the Hero Savings Account, the Smart Apple, and the Youth Savings Account. Membership eligibility is subject to verification. Certain restrictions may apply.

View Truth-in-Lending Rates and Fees Schedule.

Source of Average Bank Savings: NCUA Credit Union and Bank Rates. The data represents interest rates reported by active banks and credit unions for the last Friday of the quarter.