The difference between customer and owner.
A share savings account at Mill City CU establishes your membership, making you part-owner in your credit union and entitling you to its many benefits. A $5 deposit, equal to the value of one share, is required to open and maintain your credit union account.
Our Share Savings accounts feature:
- Competitive dividends, paid quarterly
- No monthly or transaction fees
- Convenient access via Virtual Branch, Mobile Money, by phone or in-branch
- The security of NCUA insurance up to $250,000, plus an additional $250,000 by Mill City CU through the Excess Share Insurance Corp (ESI)
- ATM card access option
Mill City CU also offers sub-savings accounts you can use to set money aside for a specific purpose, like a family vacation, school tuition, or holiday savings. There is no minimum balance requirement for sub-savings accounts.