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Savings ProductEvery member of the credit union owns a "share" of the credit union. Hence the name, "share account." Every eligible individual of MPO's field of membership wishing to join the credit union must open a share account. Once you have opened your share account, you are eligible to utilize the other services and products we offer. Why should you save with us?
Interest RatesClick here to see our current Share Rates:
StatementsStatements are mailed quarterly with the period ending March, June, September and December. NCUA Share Insurance FAQ's NOTICE OF CHANGES IN TEMPORARY NCUA INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS All funds in a “noninterest-bearing transaction account” are insured in full by the National Credit Union Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA’s general share insurance rules. The term “noninterest-bearing transaction account” includes a traditional share account (or demand deposit account) on which the insured credit union pays no interest or dividend. It does not include any money-market deposit account, and Interest on Lawyers Trust Account (“IOLTA”), even if share drafts may be drawn on the account. For more information about temporary NCUA insurance coverage of transaction accounts, visit NCUA.gov.
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Your savings federally insured to at least
$250,000 and backed by the full faith and credit of the US Government Send mail to
admin@mpofederal.org with
questions or comments about this web site.
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