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Rate Disclosures

All Accounts

  • APY - Annual Percentage Yield
  • APR - Annual Percentage Rate
  • APY Balance - Minimum balance to earn the APY
  • Rates are subject to change daily
  • Any APY provided assumes dividends will remain on deposit until maturity. A withdrawal of dividends or the occurrence of fees will reduce earnings. Early withdrawal penalties may apply. The law prohibits payment of dividends in excess of available earnings. Savings and IRA Savings are federally insured to $250,000 by NCUA, a U.S. Government agency. Please consult our Truth in Savings Disclosure and Fee schedule for additional account information.
  • Dividends compounded and credited monthly. Certificate dividends are compounded daily and credited monthly
  • Dividends are calculated by the average daily balance method which applies a periodic rate to the average daily balance in the account for the period. The average daily balance is calculated by adding the balance in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is monthly

Membership Savings Accounts

  • You must maintain one share (five dollars $5) in your main savings account to maintain your membership status.

Regular Checking

  • APY paid on Average Daily Balances of $1,000 or more.

Certificate Accounts

  • Preferred Rate - You will receive a .35% premium in the Annual Percentage Yield if you have direct deposit of at least $500 per month into your Market USA account and activated enrollment in e-Statements. The APY will decrease by this amount if you discontinue direct deposit or e-statements. Not all terms are eligible for rate premiums. Additionally, certificate specials may have different requirements. Please visit our rates page for additional details
  • Once a certificate is opened, the rate will be fixed until first maturity.
  • Maximum certificate balance for Accumulator Certificate is $1,000.
  • Early withdrawal penalties:
    • Terms of 1 year or less - 90 days dividends on the amount withdrawn
    • Terms of greater than 1 year and up to 3 years - 180 days dividends on the amount withdrawn
    • Terms greater than 3 years and up to 4 years - 270 days dividends on the amount withdrawn
    • Terms greater than 4 years - 365 dividends on the amount withdrawn

These penalties apply to certificates opened on 7/18/2019 or later. For certificates opened prior to this date, please see the certificate disclosure that was given to you at the time of account opening.

Reward Checking Accounts (VIP)

  • Stated Annual Percentage Yield (APY) paid on balances between $0.01 and $15,000; balances over $15,000 earn the prevailing APY paid on regular checking accounts. Dividends paid monthly for qualified accounts. Accounts that do not qualify will not earn dividends for that month. Rates are subject to change without notice.
  • Enrollment in e-Statements required.
  • Monthly direct deposit of at least $500.
  • Direct Deposit from a single source cannot be used to meet the requirement for multiple accounts.
  • 15 Visa Debit Card purchases per month required for Platinum tier; 12 Visa Debit Card purchases per month required for Gold tier; minimum purchase $5.00 each; purchases must be posted to the account by close of business on the last business day of the month; purchase returns will reduce your number of transactions; multiple transactions of the same amount, on the same day, may cause your transactions to post manually, which will not count towards the qualification limits.
  • One VIP account permitted per member/SSN.

VIP Savings Account

  • Savings requirement to earn stated APY: (1) an active VIP Checking Account and (2) qualifications met for the VIP Checking Gold or Platinum tier. APY applies to balances up to $25,000; balances above $25,000 will earn the top tier main share savings rate. If high-rate VIP Checking criteria is not met, rate earned will be the bottom tier main share savings rate.

All Loan Accounts

  • Maximum Annual Percentage Rate (APR) 18.00%.
  • Loan To Value(LTV) - The comparison between the amount of the loan and the amount of the loan collateral.
  • Actual rates may vary based on an evaluation of your credit, the loan term, and the amount of the LTV if the loan has collateral.
  • Auto Loans: Payments at 5.24% APR for 36 months are approximately $89.46 per $1,000 per month.
  • Rates for vehicles 9 years and older are 2.00% above the stated rate.
  • Signature Loans: Payments at 11.74% APR for 12 months are approximately $89.32 per $1,000 per month.
  • Rates include a .25% discount for automatic payment, and a 0.50% discount for having a qualifying Rewards Rates relationship.
  • Summer/Holiday Loans: Rates are based on an evaluation of each applicant's credit. Your actual rate may vary. Payments at 8.49% APR for 12 months are approximately $87.53 per $1,000 per month. Offer available for a limited time only.
  • Receive an additional .25% discount for purchasing your vehicle through our Car Buying Service, powered by TRUECar. To qualify for this discount, you must purchase your auto from a certified dealer listed on your savings certificate within 30 days of loan approval.
  • To qualify for the Rewards Rate, you must have e-statements AND one of the following: (a) Direct Deposit of at least $500 per month and an active checking account; or (b) at least $25,000 on deposit.

Loan Rate discounts do not apply to:

  • Variable line of Credit
  • Share Secured
  • Certificate Secured
  • Fresh Start Loan
  • Fixed Home Equity
  • Home Equity Line of Credit
  • VISA Credit Cards
  • First Mortgages
  • Natural Disaster Assistance Loan

Market USA Federal Credit Union is a full-service financial institution with locations in Maryland and South Carolina as well as nationwide locations through the Shared Branch Network.