MTCU rates are structured to benefit you.

As a not-for-profit credit union in Midland, Texas, we make decisions with our members' best interests in mind. That means we provide competitively low rates for loans, mortgages and credit cards while paying higher dividends on savings. All of our rates focus on the same objective - helping you get the most out of your money.
The Dividend rates and Annual Percentage Yield may change monthly as determined by the Credit Union's Board of Directors. CD rates are subject to change daily. Early Withdrawal Penalties may reduce your earnings.

Loan Rates

Auto Loan Rates

Effective: June 18, 2018
Product TypeRepayment TermsAPR as low as
New AutoUp to 84 Months3.24%
Used AutoUp to 84 Months4.24%
Collateral Loans New or Used (Non Purchase)Up to 84 Months4.99%
Personal Loans with Discount for Auto Pay &  Direct DepositUp to 48 Months11.70%

Personal Loan Rates

Effective: June 18, 2018
Product TypeRepayment TermsAPR as low as
PayDay Alternative Loans Maximum Term 6 Months28.00%
MasterCard Revolving11.90%
MasterCard GoldRevolving10.90%
Home Equity5 to 15 Years Rates Change Weekly Please call your Mortgage Loan Officer
Christmas Loan Special Available Nov 1 to Dec 21st!Up to 12 Months10.00%

Share Secured & Money Market

Effective: June 18, 2018
Product TypeRepayment TermsAPR as low as
Share Secured & Money MarketUp to 24 Months2% above Dividend Rate
Share Secured & Money MarketUp to 36 Months3% above Dividend Rate
Share Secured & Money MarketUp to 48 Months4% above Dividend Rate

Line of Credit

N/A
Product TypeAPR
Line of Credit- Suffix 9N/A
Line of Credit Credit Score of PlatinumN/A
Line of Credit  Score of A PaperN/A
Line of Credit Score of B PaperN/A
Limited Product - Restrictions ApplyN/A

CD Loans

Effective: June 18, 2018
Product TypeRepayment TermsAPR as low as
CD LoansUp to 24 Months2% above CD Rate
CD LoansOver 24 Months3% above. CD Rate

Account Rates

Checking

Dividend Declaration Date: November 12, 2018
Share TypeMin Bal to openBalance Required to Earn Stated YieldDividend RateAPY*Credited Frequency
InControl Checking$25.00N/AN/AN/AN/A
Checking Accounts$25.00 N/AN/AN/AN/A

Regular Shares/Special Tiered**

Dividend Declaration Date: November 12, 2018
Share TypeDividend RateAPY*Credited Frequency
Regular Shares/Special Tiered from $100.00 to $10,0000.15%0.15%Monthly
Regular Shares/Special Tiered from $10,000.01 to $25,0000.25%0.25%Monthly
Regular Shares/Special Tiered from $25,000.01 to $50,0000.35%0.35%Monthly
Regular Shares/Special Tiered from $50,000.010.45%0.45%Monthly

IRA Savings Account

Dividend Declaration Date: November 12, 2018
Share TypeDividend RateAPY*Credited Frequency
IRA Savings Account less than $25,0000.25%0.25%Monthly
IRA Savings Account from $25,000.01 to $50,0000.35%0.35%Monthly
IRA Savings Account from $50,000.01 to $99,0000.45%0.45%Monthly
IRA Savings Account from $99,000.010.55%0.55%Monthly

Kasasa

Dividend Declaration Date: November 12, 2018
Share TypeMin Bal to openBalance Required to Earn Stated YieldDividend RateAPY*Credited Frequency
Kasasa Saver $0.00Less than $10,000.00 and Qualifications Met0.75%0.75%Monthly
Kasasa Saver$0.00Greater than $10,000.01 & Qualifications Met0.25%0.25%Monthly
Kasasa Saver$0.00Qualifications Not Met0.01%0.01%Monthly
Kasasa Cash$25.00 Less than $10,000.00 & Qualifications Met2.50%2.53%Monthly
Kasasa Cash$25.00 Greater than $10,000.01 and Qualifications Met0.25%0.25%Monthly
Kasasa Cash$25.00 Qualifications Not Met0.01%0.01%Monthly
Kasasa Cash Back$25.00 N/AN/AN/AN/A

Money Market Shares***

Effective: December 2018
Share TypeDividend RateAPY*Credited Frequency
Money Market Shares from $2,500 to $25,0000.25%0.25%Monthly
Money Market Shares from $25,000.01 - $50,0000.35%0.35%Monthly
Money Market Shares from $50,000.01 - $99,0000.45%0.45%Monthly
Money Market Shares from $99,000.010.50%0.50%Monthly

Certificates of Deposit rates from $1,000 to $50,000

Effective: November 20, 2018
TermDividend RateAPYCredited Frequency
3 Month0.56%0.56%Monthly
6 Month0.96%0.97%Monthly
12 Month1.31%1.31%Monthly
24 Month1.71%1.73%Monthly
60 Month2.16%2.18%Monthly

Certificates of Deposit rates from $50,000.01 to $99,000

Effective: November 20, 2018
TermDividend RateAPYCredited Frequency
3 Month0.61%0.61%Monthly
6 Month1.01%1.02%Monthly
12 Month1.36%1.37%Monthly
24 Month1.76%1.78%Monthly
60 Month2.21%2.23%Monthly

Certificates of Deposit rates from $99,000.01

Effective: November 20, 2018
TermDividend RateAPYCredited Frequency
3 Month0.66%0.66%Monthly
6 Month1.06%1.07%Monthly
12 Month1.41%1.42%Monthly
24 Month1.81%1.83%Monthly
60 Month2.26%2.27%Monthly
*APY = Annual Percentage Yield
**$25.00 minimum balance to open
***$2,500 minimum balance to open