Helping you plant the seeds for financial responsibility at every age.
Take advantage of great rates and get rewarded for your good grades - we're investing in your success!
Benefits You’ll Love
- Earn dividends on your average daily balance
- Make A's and get paid
- No monthly service fees
- No minimum balance requirements
- Members up to age 22 are eligible for Sprout Savings Account
- 2.50% APY* on balances up to $500
- .50% to 2.50% APY on balances over $500 depending on the balance in the account*
- No monthly maintenance fees
- No minimum balance to earn rewards
- Free digital banking services, including:
- Online banking
- Mobile banking
- e-Statements
- Financial literacy tools and resources
- $5 minimum deposit to open
We're Invested in Our Youth
We're paying for A's! We believe in investing in the next generation of movers and shakers, and we know it starts with education. That's why we're rewarding Sprout Savings Account holders for good grades.
- Tier 1 (ages 5-12)
- Earn $1/A on Report Cards*, up to twice per year
- Tier 2 (ages 13-17)
- Earn $3/A on Report Cards*, up to twice per year
- Tier 3 (ages 18-22)
- Earn $5/A on Report Cards*, up to twice per year
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What happens when the accountholder turns 23?
The Sprout Savings account will be closed when primary member reaches age 23 and any remaining funds in the Sprout Savings account will be transferred to the primary membership share.
How do accountholders receive report card payments?
Report cards must be submitted online or presented in-branch for review. Report card deposits may only be claimed on current grading periods, or within 30 days following the close of a grading period. Report cards will be reviewed, and deposits made within 10 business days after submission.
Can I add this account to my own membership for the benefit of my child?
No. To open a Sprout Savings account, a membership account must be established in the name of the individual benefiting from this account type. Minors under 18 require an adult 18 years or older to be joint on the membership.
*APY = Annual Percentage Yield. This is a tiered rate account. Average Daily Balances of $0.00 - $500.00 receive 2.50% APY; $500.01 - $5,000.00 receive 1.00% APY; $5,000.01 - $10,000.00 receive 0.75% APY; and Average Daily Balances above $10,000.00 receive 0.20% APY, resulting in a range from 2.50% to 0.50% APY depending on the account’s Average Daily Balance. This range is based on an Average Daily Balance of $25,000.00. Members up to age 22 are eligible for Sprout Savings. Minors under 18 require an adult 18 years or older to be joint on membership. Joint member may be removed when the minor turns 18. Sprout savings accounts will be closed when primary member reaches age 23 and any remaining funds will be transferred to the primary membership share. One Sprout savings account per social security number. Report Card Deposits are posted up to two times per school year. Report Cards must be submitted online or presented in-branch for review. Report cards will be reviewed with deposits made within 10 business days. Report Card Deposits are paid based on age and are as follows: $1 per “A” or equivalent grade with a $5 max per report card for ages 5-12, $3 per “A” or equivalent grade with a $15 max per report card for ages 13-17, and $5 per “A” or equivalent grade with a max of $25 per report card for ages 18-22. Report Card Deposits may only be claimed on current grading periods, or within 30 days following the close of a grading period. Membership eligibility applies for all individuals on account. $5 minimum deposit is required to open the account. APY is accurate as of 09/01/2023. Rates and rewards are variable and may change after account is opened. Fees may reduce earnings. There are no recurring monthly service charges to open or close this account. Maintenance or activity fees could apply. No minimum balance is required to earn or to receive the account’s rewards. Membership is required and includes a minimum deposit of $5.
Use this calculator to determine your projected earnings from our Kasasa Cash account. Move the sliders or type in the numbers to see your potential rewards.
- Estimated Annual Rewards $0
- Estimated monthly interest earned* $0
- Monthly ATM fees refunded**$0
This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.
- Net cost of buying $0
- Net cost of leasing $0
A fixed-rate, fixed-term Share Certificate can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.
- Total value at maturity $0
- Total dividend earned $0
- Annual Percentage Yield (APY)0.000%
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
- Monthly deposit needed to reach goal $0
This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.
- Estimated monthly payment $0
- Total paid $0
- Total interest paid $0
Credit Cards
| Card Type | Intro APR For initial 6 months* | APR for Purchases, Balance Transfers, & Cash Advance after intro APR if applicable* |
|---|---|---|
| VISA Platinum | 3.90% | 13.25% - 17.99% |
*Introductory APR applicable until the first day of the billing cycle includes the six-month anniversary date of the opening of your account. Restrictions apply to be eligible to receive the Introductory APR. Your exact rate is based on your creditworthiness. Ask a loan officer about the rate you qualify for. The periodic rate used to compute the FINANCIAL CHARGE for purchases is based on an index (the “Index”), which is the Prime Rate as published in the Money Rates section of The Wall Street Journal on the last business day of the month and is subject to change monthly.
Kasasa Cash*
| Level 1 Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| 0 - $15,000 | $5 | 2.48% | 2.51% |
| $15,000+ | $5 | 0.50% | 2.51% to 0.76% |
| All balances if qualifications not met | $5 | 0.05% | 0.05% |
| Level 2 Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| 0 - $15,000 | $5 | 5.85% | 6.01% |
| $15,000+ | $5 | 0.50% | 6.01% to 1.22% |
| All balances if qualifications not met | $5 | 0.05% | 0.05% |
Qualifications
It is so easy to qualify, you are probably already doing it. Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash® account during each Monthly Qualification Cycle:
Level 1
- At least 10 debit card purchases
- At least 1 ACH debit, 1 direct deposit, or 1 bill pay transaction
- Be enrolled in and agree to receive e-Statements
Level 2
- At least 30 debit card purchases
- At least 1 ACH debit, 1 direct deposit, or 1 bill pay transaction
- Be enrolled in and agree to receive e-Statements
That's it. Even if you don't meet your qualifications during the cycle, your Kasasa Cash account is still free. Plus, you'll still earn our base dividend rate. And you can get right back to earning your full rewards the very next month.
Kasasa Saver*
| Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| 0 - $50,000 | $5 | 1.99% | 2.01% |
| $50,000+ | $5 | 0.50% | 2.01% to 1.00% |
| All balances if qualifications not met | $5 | 0.05% | 0.05% |
Qualifications
Qualifying for your Kasasa Cash, Kasasa Cash Back, Kasasa Eats, or Kasasa Play rewards automatically qualifies you for the highest Kasasa Saver® rate, too. Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash, Kasasa Cash Back, Kasasa Eats or Kasasa Play account during each Monthly Qualification Cycle:
- At least 10 debit card purchases
- At least 1 ACH debit, 1 direct deposit, or 1 bill pay transaction
- Be enrolled in and agree to receive e-Statements
That's it. Even if you don't meet your qualifications during the cycle, your Kasasa® accounts are still free. Plus, you'll still earn our base dividend rate on Kasasa Saver. And you can get right back to earning your full rewards the very next month.
Personal Loans
| Loan Type | APR 0-24 months |
APR 25-36 months |
APR 37-48 months |
APR 49-60 months |
APR 61-72 months |
APR 73-120 months |
|---|---|---|---|---|---|---|
| Share (Savings) or CD Secured Loan | 2.00%+* | 2.00%+* | 2.00%+* | 3.00%+* | 3.00%+* | 4.00%+* |
| Signature Loan | 11.75% | 11.75% | 11.75% | 11.75% | N/A | N/A |
| Personal Line of Credit | 11.75% | 11.75% | 11.75% | 11.75% | 11.75 | 11.75% |
Longer-term options may be available. Ask an MCT Member Service Representative for details. APR = Annual Percentage Rate. The rates disclosed are current.
*Rates are 2.00%-4.00% above Savings or CD rate, depending on term.
Share Accounts
| Account | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| Business Checking Account | $5 | 0.13% | 0.13% |
| Member Share Savings Account | $5 | 0.20% | 0.20% |
| Christmas Club Savings Account | $5 | 0.20% | 0.20% |
| Money Market Account | $2,500 | 0.65% | 0.65% |
| IRA Savings | $5 | 0.20% | 0.20% |
Share Certificates
| Certificate Term | Dividend Rate | APY |
|---|---|---|
| Six month | 3.75% | 3.82% |
| One year | 4.35% | 4.45% |
| Two years | 3.20% | 3.25% |
| Three years | 3.25% | 3.30% |
| Four years | 3.25% | 3.30% |
| Five years | 3.50% | 3.56% |
Penalty for early withdrawal.
Sprout Savings
| Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| 0 - $500 | $5 | 2.47% | 2.50% |
| $500.01 - $5,000.00 | $5 | 0.99% | 1.00% |
| $5000.01 - $10,000.00 | $5 | 0.75% | 0.75% |
| $10,000.01 or more | $5 | 0.20% | 2.50% to 0.20% |
- Members up to age 22 are eligible for Sprout Savings Account
- No monthly maintenance fees
- No minimum balance to earn rewards
Vehicle Loans
| Loan Type | APR 0-24 months |
APR 25-36 months |
APR 37-48 months |
APR 49-60 months |
APR 61-72 months |
|---|---|---|---|---|---|
| New Auto Loans | 5.50% | 5.50% | 5.50% | 5.75% | 6.25% |
| Used Auto Loans | 5.50% | 5.50% | 5.50% | 5.75% | 6.25% |
| Boat Loans | 6.25% | 6.25% | 6.25% | 6.25% | 6.75% |
| Travel Trailer Loans | 6.25% | 6.25% | 6.25% | 6.25% | 6.75% |
| Other Collateral Loans | 5.99% | 5.99% | 5.99% | 6.25% | 6.50% |
APR = Annual Percentage Rate. Rates disclosed may be different based on credit underwriting and/or elected loan protections. Rate discount of 1.00% available for the election of Warranty, Credit Life Insurance and Disbability Protection on qualified collateral loans. All loan rates are subject to change without prior notice. Maximum interest rate is 17.99%. Loan terms are dependent on amount financed and member/collateral. Membership required. Terms and conditions subject to change.