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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: December 16, 2024
Product TypeRepayment TermsAPR as low as
New AutoUp to 84 Months5.76%
Used AutoUp to 84 Months6.26%
Collateral Loans New or Used (Non Purchase)Up to 84 Months7.26%
APR= Annual Percentage Rate

*Example: A $20,000 Auto Loan balance with a 60 month term and an APR of 5.76% has a monthly payment of $386.00. For a more detailed payment amount, use our loan calculator under Resources. The example monthly payment includes only principal and interest. Does not include taxes or other fees.

Personal Loan Rates

Effective: November 22, 2023
Product TypeRepayment TermsAPR as low as
PayDay Alternative Loans Maximum Term 6 Months28.00%
MasterCard Revolving11.90%
Mastercard GoldRevolving10.90%
Platinum CardRevolving12.00%
Share Secured MasterCardRevolving11.90%
Home Equity5 to 15 Years Rates Change Weekly Please call your Mortgage Loan Officer
LifeLine Line of Credit LoansRevolving13.00%
Personal LoansUp to 60 Months10.25%

LifeLine Line of Credit

Effective: November 22, 2024
Product Type based on CreditworthinessAPR will vary with the market based on the Prime Rate
LifeLine Line of Creditas low as 12.75

Platinum Card

Effective: November 22, 2024
Product Type based on CreditworthinessAPR will vary with the market based on the Prime Rate
Tier 111.75%
Tier 214.75%
Tier 318.00%

Share Secured & Money Market

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

CD Loans

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: October 28, 2024
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: December 19, 2024
Share TypeDividend RateAPY*Credited Frequency
Regular Shares/Special Tiered from $100.00 to $10,0000.05%0.05%Monthly
Regular Shares/Special Tiered from $10,000.01 to $25,0000.20%0.20%Monthly
Regular Shares/Special Tiered from $25,000.01 to $50,0000.33%0.33%Monthly
Regular Shares/Special Tiered from $50,000.010.45%0.45%Monthly

IRA Savings Account

Dividend Declaration Date: December 19, 2024
Share TypeDividend RateAPY*Credited Frequency
IRA Savings Account less than $25,0000.46%0.46%Monthly
IRA Savings Account from $25,000.01 to $50,0000.59%0.59%Monthly
IRA Savings Account from $50,000.01 to $99,0000.71%0.71%Monthly
IRA Savings Account from $99,000.010.84%0.84%Monthly

Kasasa

Effective: January 1, 2025
Share TypeMin Bal to openBalance Required to Earn Stated YieldDividend RateAPY*Credited Frequency
Kasasa Saver $0.00Less than $10,000.00 and Qualifications Met0.20%0.20%Monthly
Kasasa Saver$0.00Greater than $10,000.01 & Qualifications Met0.2500.25%Monthly
Kasasa Saver$0.00Qualifications Not Met0.01%0.01%Monthly
Kasasa Cash$25.00 Less than $10,000.00 & Qualifications Met1.50%1.51%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: January 1, 2025
Share TypeDividend RateAPY*Credited Frequency
Money Market Shares from $2,500 to $25,0000.75%0.75%Monthly
Money Market Shares from $25,000.01 - $50,0000.83%0.83%Monthly
Money Market Shares from $50,000.01 - $99,0000.97%0.97%Monthly
Money Market Shares from $99,000.011.24%1.25%Monthly

Certificates of Deposit rates from $1,000 to $49,999

Effective: December 19, 2024
TermDividend RateAPYCredited Frequency
3 Month1.83%1.84%Monthly
6 Month2.29%2.31%Monthly
12 Month2.33%2.35%Monthly
24 Month2.05%2.07%Monthly
60 Month1.70%1.71%Monthly

Certificates of Deposit rates from $50,000 to $98,999

Effective: December 19, 2024
TermDividend RateAPYCredited Frequency
3 Month1.88%1.89%Monthly
6 Month2.34%2.36%Monthly
12 Month2.38%2.40%Monthly
24 Month2.10%2.12%Monthly
60Month1.75%1.76%Monthly

Certificates of Deposit rates from $99K and over

Effective: December 19, 2024
TermDividend RateAPYCredited Frequency
3 Month1.93%1.94%Monthly
6 Month2.39%2.41%Monthly
12 Month2.43%2.45%Monthly
24 Month2.15%2.17%Monthly
60 Month1.80%1.81%Monthly

See our Truth in Savings Disclosures: Checking, Regular Share/Special Tiered, Kasasa & Money Market Shares.
See our Truth in Savings Disclosures: Certificate of Deposit (all tiers)
See Kasasa Cycle Start and End Dates

*APY = Annual Percentage Yield
**$25.00 minimum balance to open
***$2,500 minimum balance to open
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