Savings Products
Regular Share Savings
To become a member and take advantage of a full line of services, you must open and maintain a Regular Share Savings account with a minimum balance of at least $25.00. When the balance is over $100.00 interest is earned at competitive rates. Dividends are calculated daily and paid monthly. Dividends will not be paid if you close your account before dividends are credited.
Piggy Bank Club Accounts
A special account for ages 0 - 17. With a minimum deposit of $5.00 you can open this account. Earn interest on balances of $5.00 or more. Kids can receive special prizes and take part in activities throughout the year. Dividends are calculated daily and paid monthly. Dividends will not be paid if you close your account before dividends are credited.
Direct Money Market
An alternative investment service that yields a little higher dividend. Minimum balance required to open the Direct Money Market account is $1,000.00 if you use direct deposit or payroll deduction to fund your money market account. Falling below could result in a monthly below minimum balance fee. Dividends will be compounded and credited (added) to this account monthly. If you close your money market account before dividends are credited, you will not receive accrued interest. . These accounts are subject to transaction limitations. Please contact the Credit Union with further information regarding these limitations.
Flexible Money Market
An alternative investment service that yields a little higher dividend. money market account. Minimum balance required to open the Flexible Money Market account is $2,500.00 and does not require the use of direct deposit or payroll deduction. Falling below could result in a monthly below minimum balance fee. Dividends will be compounded and credited (added) to this account monthly. If you close your money market account before dividends are credited, you will not receive accrued interest. These accounts are subject to transaction limitations. Please contact the Credit Union with further information regarding these limitations.
Members Advantage Checking
Wisconsin Medical Credit Union offers a checking account, which requires no minimum balance and has no monthly fees, no limit on check writing. Debit cards are also available to make your account convenient and put the credit union at your fingertips 24 hours a day.
Certificates of Deposit
An attractive investment, offering the perfect combination of higher return and maximum safety. You may choose to let the interest from our CD's selection ranging from 3mo's to 5 years to fully compounded, be transferred or withdrawn each quarter. The choice is yours with a minimum deposit of $1,000.00.
Piggy Bank Account Certificates of Deposit
Want to make sure your child’s college fund is there when you need it? Start saving for your child’s future by opening a certificate of deposit under their Piggy Bank Account. These certificates offer a perfect combination of a higher return and maximum safety. Same rates apply as our regular certificate program. Minimum balance required of $500.00. Available in three month, six month, and one year terms.
Christmas Clubs
Plan for the holidays by opening a Christmas club account. Enjoy the peace of mind knowing that you will have cash for those holiday expenses. All you need is a minimum deposit of $5.00 to open and maintain your Christmas club account. A balance of $100.00 is required to earn dividends. November 1st the balance in your account will be transferred to a WI Medical CU account of your choice.
Tax Clubs
Whether you pay once in December or split your Real Estate taxes in two payments, we have just the account for you. The tax account is an easy way to be assured that you will have the dollar amount needed, when you need it. All you need is a minimum deposit of $5.00 to open and maintain your Tax account. A balance of $100.00 is required to earn dividends. At the time or payout the funds in the account will be automatically transferred to an WI Medical CU account of your choice.
Vacation Accounts
Wouldn't you like to get away from it all without causing financial stress? Now you can. First you deposit an amount (designated by you). These accounts do not have a scheduled pay out date, you are allowed one withdrawal from the account per quarter. This account is designed for your convenience so you can take that vacation you desperately need. . All you need is a minimum deposit of $5.00 to open and maintain your Vacation club account. A balance of $100.00 is required to earn dividends.
IRA Share Account
Individual Retirement Accounts offer a tax-deferred means of investing for you retirement years. A minimum deposit of $25.00 is required to open and maintain this account. When the balance is over $100.00 interest is earned at competitive rates. Dividends are calculated daily and paid monthly. Dividends will not be paid if you close your account before dividends are credited.
IRA Certificate of Deposits
An attractive investment, offering the perfect combination of higher return and maximum safety. You may choose any terms from 3months - 5 year CD that best meets your investment needs . Dividends fully compounded each quarter and added to the Certificate. The choice is yours with a minimum deposit of $1,000.00.
