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Due to system maintenance, NYMCU Digital Banking, including the Mobile application will be unavailable on Monday, September 18th, 2023 from 12:59am - 5:00am.

Money Market Accounts
Money Market Accounts

Save More, Earn More with an MCU Money Market Account.

Earn higher dividends each time your balance reaches certain levels with an MCU Money Market Account. You'll get dividends compounded and credited monthly so you can earn more, faster.

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Open an Account to Start Earning a Competitive APY* Right Away.

Saving for your dream vacation? Putting away money for retirement? Just need a basic savings account to keep your money in the best place possible? Earn up to 1.41% APY* with a money market account that racks up more dividends when your balance reaches certain levels.


Earn Up to 1.41% APY*

Start earning up to 1.41% APY* when you open a money market account at MCU. The more you add to your account, the closer you get to the next dividend rate. 


Federally Insured by the NCUA

The National Credit Union Administration (NCUA) insures your deposits at MCU, so you can trust that your funds are safe. Your savings are federally insured to at least $250,000 by the full faith and credit of the United States Government.

Convenient Banking Locations

Convenient Banking Locations

We’re not some out-of-town banking goliath—we’re in your communities, ready to help. We’ve got branches and ATMs all across New York City for easy account access, and our member success teams are here to support you through all of your financial milestones.

Liquid Savings Access

Liquid Savings Access

Write checks, make mail or branch withdrawals, and keep growing your nest egg at the same time. While traditional banks frown on customers for dipping into their savings, we think our members deserve flexible savings options that can be managed on their terms.

Get Rewarded for Growing Your Nest Egg in an MCU Money Market Account.

Combine all the benefits of a high-yield savings account with the flexibility of easy withdrawals and check writing.

Unlike most long-term savings options that don’t allow you to touch your balance while you save, a money market account lets you make deposits (and withdrawals) as you’re able—rewarding you with more dividends for each savings tier you reach.


All Your Banking, Accessible Anywhere

Manage all your accounts from anywhere and any device. The NYMCU online and mobile banking applications make it easy to manage your savings accounts, checking accounts or any other MCU banking product. Plus, it features helpful saving and budgeting tools to make sure your goals are met!

NYMCU Digital Banking

No Matter Where You Are in Life, We’re Right There with You.

At MCU, we believe that a credit union should be a lifelong source of financial education and support—from planning for college to saving for retirement and everything in between.

That’s why we have specialized recommendations for products and services designed to help you meet your goals (both short-term and down the road), based on your changing needs and priorities.

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Make the Most of Your MCU Membership.

Membership in our community is about more than just banking. As an MCU member, you can access valuable information and resources to help you plan and reach your financial goals.

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Get Answers to Our Most Frequently Asked Questions.

Can I be sure that my deposits are safe?

The National Credit Union Administration (NCUA) insures MCU deposits, so you can trust that your funds are safe. The NCUA is an independent federal agency that insures deposits at federally insured credit unions, protects the members who own credit unions, and charters and regulates federal credit unions. Your savings are federally insured to at least $250,000 by the full faith and credit of the United States Government. Additionally, the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) provides federal production to IRAs up to $1 million (some restrictions may apply depending on roll-over status and uniquely unqualified accounts).

Where can I find MCU branches and fee-free ATMs?

Check out our page featuring all of our branches and ATMs. Choose from any of our 15 locations, and search for various fee-free ATM options.

Are my deposits insured?

Your savings are federally insured by the National Credit Union Administration (NCUA), a U.S. Government Agency. Savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.

How are APY and dividend rates determined?

While many factors influence APY rates, the biggest contributing factor is the Federal Reserve (A.K.A. ‘the Fed’). When the Fed raises or lowers interest rates it affects the entire US financial ecosystem. APYs on products like student loans, credit cards, mortgages and savings accounts are also impacted by such rate changes.

Who can I contact if I have questions about my account?

You have questions, and we have answers! Feel free to reach out to the MCU Contact Center, and we'll help you by providing the answers you need.

Hours: Monday - Friday: 7:00am -7:00pm
Saturday: 9 am - 2 pm
Sunday: Closed
Greater New York City:
(212) 693-4900

Outside New York City:
(800) 323- 6713

Ready to Start Saving?

Join now to get access to the competitive rates, reliable banking products, and educational resources you need to create a foundation for an exceptional financial future.

Join MCU Today
Learn More About Membership

* APY = Annual Percentage Yield. The disclosed Dividend Rates and Annual Percentage Yields are accurate as of the last dividend declaration date. These are variable rate accounts and the rate may change after the account is opened. Fees and other conditions could reduce earnings.

Rates and Terms are subject to change without notice. For more details, see our Rates page.

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