Deposit Accounts

Checking Accounts

Checking works best when it puts people first.
Whether it’s getting cash from an ATM, paying with a debit card or writing checks to pay the bills, checking accounts are the ones that have to do it all. That’s why we’ve set out to make our checking account as simple and straightforward as possible. After all, that’s your money in the account. We’re just here to help you make the most of it.

No hidden fees
Banks charge for services such as speaking with a person, payroll deposits, minimum balance fees, printing a statement, transferring money between accounts and much more. My Healthcare FCU offers most of those services for free, and we are up front with the few fees we do charge. No surprises.
► View Our Fee Schedule

  • Personal Checking:
  • NO minimum balance requirements
  • NO monthly service fees
  • Free 24/7 online and phone banking account access
  • Free electronic statements
  • Free Visa debit card to make debit and ATM transactions
  • Free Online Bill Pay
  • Free Account Alerts via e-mail
  • Overdraft coverage services for every-day debit card transactions
  • Overdraft coverage services for ACH and Check transactions
  • Check Orders
  • Direct Deposit to save you time and also give you access to your money right away

Teen Checking (Ages 13-17)

Help your teen get smart with their money and use an account with the essentials for a successful future!

  • NO minimum balance requirements
  • NO monthly service fees
  • Free 24/7 online and phone banking account access
  • Free electronic statements
  • Free Visa debit card to make debit and ATM transactions on account with Joint Parent
  • Free Online Bill Pay
  • Free Account Alerts via e-mail
  • Overdraft coverage services for every-day debit card transactions
  • Overdraft coverage services for ACH and Check transactions
  • Check Orders
  • Direct Deposit to save you time and also give you access to your money right away
  • Free gift at account opening

Open an account

Visit Us or call 1-888-333-4760 to start saving more today.

Savings

Savings Accounts

A variety of savings accounts are available to from My Healthcare FCU. Whether you save a few dollars a month or a larger lump sum, we are here to help you save smart. No matter what accounts you choose, you’ll enjoy these free benefits.

  • Free 24/7 online and phone banking account access
  • Free Electronic statements
  • Insured deposits up to $250,000 per owner
  • Free ATM card for ATM use

Basic Share Savings Your initial deposit of $5 into a Basic Share Savings account is all that’s required to join My Healthcare FCU and gain access to all of the privileges membership provides. You also become a credit union owner and get to have a say on issues that come before the membership. Plus, you’ll earn interest on your deposit and have the option of establishing your account as automatic overdraft for a My Healthcare FCU checking account.

Money Market This account is for the serious saver and requires a minimum deposit of $2,500. With our Money Market account, you’ll get bigger dividends that grow as you continue to save.

Vacation Club Savings Don’t let worrying about vacation costs stress you out. Plan ahead with our Vacation Club Account. You can set aside as little or as much as you would like and interest will be earned and credited to your account at the end of each quarter. To help monitor your savings progress you will receive a quarterly statement, or a monthly statement if inked to your checking account. Start your Vacation Savings Account today….that tropical getaway is right around the corner.

Christmas Club SavingsThe Christmas Club account will help you to Deck the Halls worry free. This account allows you to set aside spending money for the holidays. There is no minimum opening deposit, no minimum balance requirement, and no monthly service charge, so there is no reason to delay in saving for the Holidays Today!

Youth Savings (Ages 0-17)It’s never too early to teach your children how to save. Starting with a youth savings account is the perfect way to enable them with money management skills at a young age. It is easy to start and has the following benefits:

  • No member Fee
  • $5.00 minimum balance
  • Free Piggy Bank at opening
  • Free coloring book at opening
  • No Statement Fees

Open an account

Visit Us or call 1-888-333-4760 to start saving more today.

CERTIFICATE OF DEPOSIT

Certificates of Deposit

If you want a slightly bigger commitment than a traditional savings account, a certificate might be right for you. Certificates require that your money remain in the accounts for a certain period of time, but provide greater dividends. Dividends are compounded and credited at the end of each quarter and at maturity.

Terms range from 6 months to 5 years and the minimum to deposit is $1,000.00. The more you deposit, the more you’ll earn. View our Certificate Rates.

Term

Minimum to Open

6 Months

$1,000

1 Year

$1,000

2 Years

$1,000

5 Years

$1,000

3 Years

$1,000

IRA

Individual Retirement Accounts (IRA)

Retirement means different things to different people. Opening an IRA is a great start towards financial security. The two most common plans are Traditional IRAs and Roth IRAs. Each plan offers different tax advantages and benefits and we offer savings accounts and certificates for both plans. We’ll help you choose the plan that’s right for you to make the most of your retirement dollars.

Traditional IRA
The Traditional IRA helps you save for your retirement, and contributions may be deductible.

  • Individuals under age 70½ with qualifying income may contribute
  • Early withdrawals are subject to 10% penalty unless disabled or paying for qualified expenses (e.g., first home, education)
  • Mandatory distributions at age 70½

Benefits

  • Contributions may be tax deductible
  • Interest grows tax-deferred until withdrawn
  • Funds can be used to purchase a first home ($10,000 lifetime maximum)
  • Funds can be used to pay for qualifying education expenses

Roth IRA

A Roth IRA helps you save for your retirement by sheltering your earnings from income tax

  • Individuals with qualified income may contribute, regardless of age
  • Contributions are nondeductible
  • Early withdrawals of earnings are subject to 10% penalty unless disabled or paying for qualified expenses (e.g., first home)
  • No distribution requirements

Benefits

  • All withdrawals, including earnings, are tax-free if the account has been open at least 5 years and are used for qualified expenses
  • No requirement to withdraw at any age
  • Contributions can be made at any age, with qualified income
  • Funds can be used to purchase a first home ($10,000 lifetime maximum)
  • Funds can be used to pay for qualifying education expenses

IRA Products

IRA Share Savings: The IRA Savings account requires no minimum balance, has no credit union imposed penalty for early withdrawal, and allows for deposits. They are classified as an IRA and therefore are subject to IRS terms and conditions. Because of the increased flexibility, the interest rate is very similar to a regular savings account. View our IRA Share rates .

IRA Certificates of Deposit:An IRA Certificate is basically the same as a regular Certificate of Deposit, except they are classified as part of your IRA and therefore are subject to IRS terms and conditions. As with any certificate, there is a penalty for early withdrawal and there may also be a penalty under IRS law. View our IRA Certificate rates.