Share Accounts

Share Accounts

Machinists-Boilermakers Federal Credit Union offers you a variety of excellent savings options. We are sure there is one to fit your individual needs.

You may use Payroll Deduction, Direct Deposit or cash payments. Our savings accounts are convenient and easy to open.

money growing

Regular Shares

To become a member of the Credit Union one needs to open a share (savings) account with the with a minimum deposit of $25.00. This deposit remains in the account to maintain membership. Your $25.00 deposit is one membership share and must remain in your share account to take advantage of any and all of the services and products offered by the Credit union. This share gives you one vote during an election for our Board of Directors.

To earn dividends a balance of $25.00 must be maintained in a share account. Dividends are paid on the entire share balance.

High Yield Savings

$5,000.00 minimum daily balance to earn interest.

Checking Accounts

We offer a Regular Checking account with no minimum balance fee, no per item fee and same day availability for most funds.

Click here to Reorder Checks Online.

Christmas Club

Open your Christmas Club Anytime!

  • There is no minimum balance required.
  • Deposits can be made whenever and however you wish.
  • Dividends are posted to your Christmas Club quarterly.
  • Withdrawals are prohibited.
  • The Club may be closed early with no penalty.
  • If you have a Christmas Club Account, your balance will be automatically transferred into your Regular Share Savings account on November 1st each year. You can request a check or withdraw funds as of that date.

Why not start saving for next year NOW?!

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