Online Banking / Bill Pay

Enroll | Help/FAQ | Security

Hours & Locations
ATM Locations
Current Rates
Contact Us

700 E. Sharon Ave.
Houghton, MI 49931

Phone: 906.482.5005
Fax: 906.482.2451

Routing Number: 291172682

Tuesday, May 23rd - 12:58 PM


Savings (Share) Accounts

Your $25 opening deposit establishes your membership and buys you a “share” in the credit union. You become a member/owner at the Michigan Tech Employees Federal Credit Union.

  • Open with a minimum balance of $25
  • Access your funds with an Debit Card
  • Interest accrues daily and is paid quarterly on March 31, June 30, September 30, and December 31. Your will receive statements quarterly (monthly if you have electronic activity or a checking account)
  • Free eStatements via Online Banking

Please note:

If there is no activity in your account within a 12 month period then you may receive a $5.00 inactive account fee.

Federal Reserve Board Regulation D limits the number of certain withdrawals from savings accounts. As required by regulation, we monitor your accounts to ensure the transaction restrictions are observed. Beginning on May 1, 2015, your Credit Union will begin limiting withdrawals covered by the regulation from savings accounts (including your primary share account, any secondary share savings accounts, and minor shares as well as member perks accounts). For a list of FAQs, click here.

Deposit Rates Dividend Rate APY*
Savings 0.05% 0.05%

Other share products and services include:

Debit / ATM Card – Access thousands of surcharge free CO-OP Network ATMs!
Share Certificates – Open a certificate to save for something special (higher dividends than savings)
Youth Savings – Start saving at an earlier age (for members age 17 and under)
IRAs – Save for your retirement with a Individual Retirement Account
HSAs – Save for future medical expenses by opening a Health Savings Account

Direct Deposit – Automatically deposit your paycheck to your account
Payroll Deduction – Set aside a bit of money from each paycheck
Deposit Insurance – Your share account is federally insured by the NCUA up to $250,000

Insured by NCUA Federally Insured by NCUA
Privacy Policy
Equal Housing Lender Equal Housing Lender