Mississippi Public Employees CU

Products - Savings

Regular Savings Account

Regular Savings Account is your basic savings account. You must have a $10 Savings Account balance in order to have membership and to use other credit union services. Interest is accrued daily; paid and compounded quarterly on balances of $500 or more. You are allowed 6 free withdrawals per year; each withdrawal beyond 6 will have an excessive withdrawal fee.

Credit Builder Savings Plan

This savings plan offers a short-term loan to members who have either minimal to no credit history or who need to improve or rebuild a damaged credit history with the additional benefit of establishing a savings plan.

All applicants must be 18 years of age or older and must be in good standing with the credit union
Minimum loan amount of $500 to qualified borrowers
Loan proceeds will be deposited to the borrower's savings account and will remain there until the loan is paid in full

EZ Living Account

Earn .25% interest higher than the Regular Savings Account. Must be age 55 to qualify. Minimum opening deposit is $50. Interest is accrued daily; paid and compounded quarterly on balances of $500 or more.

Vacation Club Account

The Vacation Club Account was designed to help you save money for your annual vacation. Interest is accrued daily; paid and compounded quarterly on balances of $500 or more. You are allowed 1 withdrawal per year.

Christmas Club Accounts

The Christmas Club Account was designed to help you save for the holiday season. Deposit money into this interest-bearing account during the year. We will automaticlly disburse these accounts in October. Interest is accrued daily; paid and compounded quarterly on balances of $500 or more.

6 Month, 1 Year and 2 Year Share Certificates

Your credit union offers very competitive rates on your investments. Each certificate account requires an opening deposit of $1,000. The 6-Month certificate accrues interest daily and is paid at maturity. All other certificate accounts will accrue interest daily; paid and compounded quarterly. All certificates have a 7 day grace period at maturity which will allow you to deposit additional funds, withdraw funds, or transfer to another investment account. Withdrawals prior to maturity will have a penalty.

THIRD PARTY SITE DISCLAIMER - By accessing the noted link you will be leaving the Mississippi Public Employees CU website and entering a website hosted by another party. Mississippi Public Employees CU has not approved this as a reliable partner site. Please be advised that you will no longer be subject to, or under the protection of, the privacy and security policies of the Mississippi Public Employees CU website. We encourage you to read and evaluate the privacy and security policies of the site you are entering, which may be different than those of Mississippi Public Employees CU. CLICK CONTINUE TO CONTINUE OR CANCEL TO ABORT.

Continue Cancel