Mountain Star Federal Credit Union Savings

Savings Accounts

To become a credit union member, open a primary savings account with a minimum deposit of $10.00 and $5.00 membership fee. This $10.00 is your "share" in the credit union, and must remain on deposit to retain your membership. As a member, you share in the ownership of the credit union. Dividends are calculated on the account's daily balance. These dividends are compounded quarterly and paid quarterly. You will receive a quarterly statement of transactions made to your account during the period.

Certificate of Deposit

MSFCU offers short and long term investments. Term Share Certificates are time deposits which require a minimum deposit of $1,000.00 or $2,500.00. Terms are available from three (3) months to five (5) years. Penalties will be charged for early withdrawals.

Iolta Savings Account

A savings account established for attorneys to deposit funds and generate appropriate levels of revenue to provide legal services to low income citiziens.
A minimum deposit of $15.00 is required. Dividends are paid monthly on the account's average daily balance .

Christmas Club Account

The perfect way to save for the holiday season

No monthly service charge

Make regular deposits conveniently through payroll deduction

Your balance is automatically transferred to your savings account each October.

Competitive dividend rate
Early withdrawal fee applies

Vacation Club Account

No monthly service charge

Make regular deposits conveniently through payroll deduction

Your balance is automatically transferred to your savings account each June.

Competitive dividend rate
Early withdrawal fee applies

See rates below

Individual Retirement Accounts

We have one of the best options to help wage-earners and spouses save for tomorrow's retirement years while receiving possible tax benefits today. We have Traditional, Educational and Roth Accounts.

Dividends earned are tax-deferred

Your contributions may be tax-deductible

No monthly or annual fees

Funds insured independently from other accounts up to $100,000

Your choice of investment options; IRA savings or IRA certificates
Early withdrawal fee applies

Current Rates effective 9/1/2010

Share Rates

*Rates are subject to change without notice.

Regular Share Account 0.15% APR 0.150% APY

Iolta Savings Account 0.15% APR 0.150% APY

IRA Shares 2.700% APR 2.727% APY

Share Draft (checking) Account 0.10%APR 0.100% APY

Iolta Checking Account 0.750% APR 0.753% APY

* Christmas Club-No minimum balance required; maximum deposit $7,500 per year. 0.50% APR 0.501% APY

*Vacation Club-No minimum balance required; maximum deposit $7,500 per year 0.50% APR 0.501% APY

Roth IRA 2.700% APR 2.727% APY

Education IRA 2.700% APR 2.727% APY

Fees could reduce the earnings on the accounts.

Certificate Rates / IRA Certificate Rates - Eff. 9/1/2010

3 Month	0.25%APR	0.250% APY
6 Month	0.50%APR	0.501% APY
1 Year	0.75%APR	0.752% APY
2 Year	1.00%APR	1.004% APY
3 Year	1.75% APR	1.762% APY
4 Year	2.25% APR	2.269% APY
5 Year	2.50% APR	2.524% APY

Star Saver CD 1 Year (maximum deposit $2,500 per year)	0.75% APR	0.752% APY