Whether you’re a Wall Street investor or a rainy day saver, Mid-Minnesota Federal Credit Union provides a variety of ways to save.
All savings accounts provided by Mid-Minnesota are insured by the National Credit Union Administration (NCUA), an agency of the federal government, up to $250,000.
A savings account paying you dividends on your average monthly balance. Current Rates >
Term Share Certificates
With a minimum deposit of $500 you can earn a higher return on your investment. Terms vary from 3 to 48 months. With an active MMFCU checking account you receive an additional .25%APY on your certificate. Current Rates >
Fast Forward Certificate
With a Fast Forward Certificate you earn dividends as you build your balance! You can start the certificate with as little as $10 and a commitment to deposit at least $10 per month for the remainder of the term. While you are contributing each month, you are also earning dividends. The Fast Forward Certificate is a great way to save money for a down payment on a house or car, or use it as a structured way to help everyone in your family plan their own savings and track monthly interest.
*Must make minimum $10 monthly contribution to avoid a $10 penalty.
Individual Retirement Accounts
Visit our IRA Service Center to learn more about IRAs, planning your retirement, opening an IRA account, or make transactions on an existing MMFCU IRA.
Money Market Savings
Earn more without a long-term commitment. Minimum balance to open is $25,000. Dividends are compounded and paid monthly*. Access your funds with our 24-hour services including ATM, Phone Teller and PC Teller with a maximum of six transactions a month**. The more you invest the more you earn.
*If balance falls below $25,000 in a given month a $15 fee will be assessed. **A per item fee of $10 for each withdrawal or transfer in excess of six during a month will be charged.
Health Savings Accounts (HSA)
Do rising health care costs also have your blood pressure rising? Consider a Health Savings Account (HSA). Pay your medical expenses with tax-free HSA distributions or save for future needs. Learn more about HSA's and if you are eligible by talking with Member Services at your local branch.
Term Share Certificate (Age 18 and younger)
Money doesn't grow on trees, but your kids might think so... Mid-Minnesota members age 0-18 earn great rates with traditional Term Share Certificates for 6, 12, 18, 24, and 36 month terms with a $100 MINIMUM DEPOSIT. Plus, increase your dividend rate by .25%APY when the adult certificate holder has an active checking account at Mid-Minnesota.
WINcentive™ Savings Account
WINcentive™ Savings is a savings account that offers you the chance to win cash prizes from a state-wide drawing! WINcentive Savings offers prize drawing entries in return for each time you increase your month-over-month savings balance by $25 (up to 4 entries per month). Prize drawings occur monthly, quarterly and annually – so the more you save, the more chances you have to win! You could even end up winning the grand prize of $5,000! In addition to the statewide drawings, MMFCU is also offering $50 monthly drawings exclusively for our members! Lean more here >
Mid-Minnesota Investment and Retirement Services
Financial Advisors Rory Papenfuss and Wendy Oksness can help you plan and prepare for your future through a variety of investment and retirement services.