Save
Whether you are dreaming about saving or saving for your dreams, it is important to have a savings plan in place. RMECU has the right savings account with the right rate to help you achieve your goals, dreams, and future security.
Checking
Free Checking
No minimum balance or monthly service fees
Free RMECU debit card
Free first box of checks
Earn monthly dividends on daily average balances over $100
Business Checking
Available to current members of RMECU
Free RMECU debit card
Business Checks
$5 monthly service fee
Savings
Regular Savings
- This savings is what makes you a member owner
- Minimum balance of $5 is your share in the credit union
- Earn monthly dividends on daily average balances over $100
Special Savings
Open one or multiple special savings to save for any purpose
No minimum balance requirements
Earn monthly dividends on daily average balances over $100
Certificates (CDs)
A great way to earn more for keeping your funds in an account for a designated period of time.
Terms as short as 3 months or as long as 48 months
Minimum deposit of $1,000
Dividends are paid monthly until maturity date
Retirement Accounts (IRAs)
Traditional
Rollover or transfer your existing Traditional IRA, 401(k) from a previous employer, or start saving for retirement.
- No maintenance fees
- A conservative way to save for retirement
- Earn monthly dividends
- Offered as a savings account
Roth
Rollover or transfer your existing Roth IRA or start saving for retirement.
- Put money away you have already paid taxes on
- No maintenance fees
- Earn monthly dividends
- Offered as a savings account
Health Savings Account (HSA)
Put money away in a tax-sheltered account to assist in paying for medical expenses if you have a high deductible health care plan.
No minimum balance
Free HSA Debit Card
Earn monthly dividends
Savings Rates
| Type | APR* | APY** |
|---|---|---|
| Regular Savings† | 0.08% | 0.08% |
| Club/Sub Savings | 0.08% | 0.08% |
| Checking Account | 0.01% | 0.01% |
| Certificate Accounts^ | ||
| 3 Months | 1.00% | 1.01% |
| 6 Months | 1.10% | 1.11% |
| 9 Months | 1.20% | 1.21% |
| 12 Months | 1.50% | 1.51% |
| 13 Month Special | 4.00% | 4.07% |
| 18 Months | 1.50% | 1.51% |
| 24 Months | 1.75% | 1.77% |
| 28 Month Special | 2.50% | 2.53% |
| 36 Months | 2.00% | 2.02% |
| 48 Months | 2.10% | 2.12% |
| IRA Savings (Traditional and Roth)† | 0.15% | 0.15% |
| HSA (Health Savings Account) | 0.90% | 0.90% |
*APR is annual percentage rate
**APY is annual percentage yield
†$5 membership deposit is required to open account.
^Minimum balance required to open a Certificate Account is $1,000 unless otherwise indicated. If certificate is closed before maturity date, a 90 day dividend penalty will be charged.
For more information on available share certificate account specials, contact the credit union.
Minimum daily balance of $100 to earn dividends on Regular Savings, Club/Sub Savings, Checking Account, and IRAs.