We offer a variety of different checking account options because we know there’s no “one size fits all” solution for your financial needs. Whether you want a no-frills account or you’re looking for something more rewarding, you’ll find the best checking account for your needs here.
Every MTC Federal checking account includes the following features:
No matter which account you choose, you can receive rewards simply for using your MTC Federal Debit Rewards Mastercard® to make purchases!
To redeem rewards, log-in to Web-Branch or call 877-769-7795.
| Account Type | Best For | Key Features |
|---|---|---|
| Basic Checking | Flexible, straightforward service | Free online and mobile banking with no service charges |
| Dividend Checking | Earning money on your balance | Monthly dividends paid on balances of $300 or more |
| E-Checking | Greater rewards for higher balances | Monthly dividends paid on balances of $1,500 or more |
| 50+ Checking | Members age 50 and over | Adds special benefits to Basic, Dividend or E-Checking for members 50+ |
| Teen Checking | Members age 13-17 | Free checking account with special features for teens |
To open a checking account or get help from a Member Service Representative, use the Open an Account form, call 800-442-7792 or visit a branch. Switching to an MTC Federal checking account is easy! Use our Switch Kit to get started.
For additional details about each account type, expand the account option you’re interested in.
Free Basic Checking from MTC Federal offers flexibility, convenience and easy access to help you manage your daily expenses.
Requirements:
Special Features:
Make your money work harder for you with a Dividend Checking account! Enjoy all the benefits and convenience of a Basic Checking account plus earn dividends each month on your account balance.
Requirements:
Special Features:
Current Rates:
| Account Balance | Dividend Rates | Annual Percentage Yield (APY) |
| $300 - $2,499.99 | 0.05% | 0.05% |
| $2,500 - $14,999.99 | 0.10% | 0.10% |
| $15,000 - $49,999.99 | 0.10% | 0.10% |
| $50,000 - $74,999.99 | 0.15% | 0.15% |
| $75,000 - $99,999.99 | 0.20% | 0.20% |
| $100,000 or more | 0.30% | 0.30% |
Earn more and save more with an E-Checking account! In addition to earning dividends on your balance, you’ll enjoy special bonus points for loans and deposits.
Requirements:
Special Features:
Current Rates:
| Account Balance | Dividend Rates | Annual Percentage Yield (APY) |
|---|---|---|
| $1,500 - $2,499.99 | 0.05% | 0.05% |
| $2,500 - $14,999.99 | 0.10% | 0.10% |
| $15,000 - $49,999.99 | 0.10% | 0.10% |
| $50,000 - $74,999.99 | 0.15% | 0.15% |
| $75,000 - $99,999.99 | 0.20% | 0.20% |
| $100,000 or more | 0.30% | 0.30% |
You’ve worked hard to get to where you are in life, and MTC Federal wants to reward you for that! If you’re age 50 or over, you can take advantage of our 50+ Checking accounts to receive extra benefits that save you money. This program adds perks to any MTC Federal checking account: Basic Checking, Dividend Checking, or E-Checking.
Requirements:
Special Features:
Help your teenager learn good money management skills with their own checking account! Youth members are eligible to open a Teen Checking account at age 13.
Requirements:
Special Features:
A parent/guardian cosigner is required. The cosigner will also have 24/7 account access through Web-Branch and our mobile app.
Learn more about Youth Accounts.
Current Rates:
| Account Balance | Dividend Rates | Annual Percentage Yield (APY) |
| $300 - $2,499.99 | 0.05% | 0.05% |
| $2,500 - $14,999.99 | 0.10% | 0.10% |
| $15,000 - $49,999.99 | 0.10% | 0.10% |
| $50,000 - $74,999.99 | 0.15% | 0.15% |
| $75,000 - $99,999.99 | 0.20% | 0.20% |
| $100,000 or more | 0.30% | 0.30% |
To open a checking account with MTC Federal Credit Union, you must be a credit union member. Learn more. If you have questions or need assistance, please contact us at 800-442-7792 or visit a branch near you.