Competitive Rates
Savings and Loans Rates
Start a Savings Account with great dividends or get a low rate loan from Morton Federal Credit Union!
Loan rates may vary depending on credit score
Account Rates
| Account Type | Rate | APY* | Min. Balance |
| Share / Savings | 0.10% | 0.10% | $5.00 |
| Checking | 0.05% | 0.05% | $100.00 |
| Money Market | 0.20% | 0.20% | $2,500.00 |
| Christmas / Vacation | 0.50% | 0.50% | $5.00 |
| IRA | 1.00% | 1.00% | $5.00 |
*APY =Annual percentage yield
CD Rates
| Term | Rate | APY* |
| 3 months | 0.15% | 0.15% |
| 6 months | 0.25% | 0.25% |
| 12 months | 0.35% | 0.35% |
| 18 months | 0.45% | 0.45% |
| 24 months | 0.55% | 0.55% |
| 36 months | 0.65% | 0.65% |
*APY =Annual percentage yield. Interest accrues on balances $1,000.00 and up
Loan Rates
| Loan Type | APR* | Term |
| Secured | 2% above Dividend Rate up | up to 5 years |
| Secured | 3% above Dividend Rate | up to 10 years |
| New Cars | 4.99% | up to 6 years |
| Used Cards | 5.99% | up to 6 years |
| Open-End ($20,000 maximum) | 10.40% | 3 years |
| Personal | 5.99% | 1 year |
| – | 6.99% | 2 years |
| – | 7.99% | 3 years |
| – | 8.99% | 4 years |
| – | 9.99% | 5 years |
| Home Improvement | 4.50% | 1-5 years |
| – | 5.00% | 6-10 years |
| – | 5.50% | 11-15 years |
| Recreational Vehicles (New) | 6.49% | up to 12 years |
| Recreational Vehicles (Used) | 7.49% | up to 12 years |
These rates are based on approved credit. Other terms/rates may apply based on creditwo1thiness of the borrower. Please stop by or call (828-7036) the Credit Union for more information regarding any of above, obtaining applications, Debit cards, or one of our other services.
All rates are subject to change