Credit union · Privately insured
Monterey Credit Union Savings Rates
Monterey Credit Union’s best savings rate is 0.20% APY on $10,000, with its High Rate Savings. Rates checked October 16, 2026.
How Monterey Credit Union’s savings rates compare
Compared with banks and credit unions near Salinas, CA, where Monterey Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Monterey Credit Union
0.20%APY
- Earns on $10,000 a year
- $20
High Rate Savings
Top rate
UMB Bank
3.71%APY
- Earns on $10,000 a year
- $371
2nd-highest rate
Corrections Federal Credit Union
2.85%APY
- Earns on $10,000 a year
- $285
Monterey Credit Union savings score
65
Savings score
Higher than 14% of U.S. banks and credit unions
By balance
- $1,000 balance$1,0000.03%
- $10,000 balance$10,0000.10%
- $100,000 balance$100,0001.00%
- QualifiedQualified0.10%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Monterey Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Redwood Savings
0.00%APY
Minimum balance to open and earn dividends: $250,000. All deposited funds earn the rate for the tier.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $250,000Monthly service fee is $15.00 (Primary/Preferred); waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. | 0.00% | $0 | Monthly service fee is $15.00 (Primary/Preferred); waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. |
| $250,000 – $500,000Monthly service fee waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. | 1.77% | — | Monthly service fee waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. |
| $500,000 – $750,000Monthly service fee waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. | 1.98% | — | Monthly service fee waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. |
| $750,000 – $1,000,000Monthly service fee waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. | 3.05% | — | Monthly service fee waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. |
| $1,000,000 and upMonthly service fee waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. | 3.30% | — | Monthly service fee waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. |
Sources (3)
All captured Sep 16, 2026
Platinum Savings
0.20%APY
Must establish a Main Share account first. All deposited funds earn the rate for the tier.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Monthly service fee is $15.00 (Primary/Preferred); waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. | 0.00% | — | Monthly service fee is $15.00 (Primary/Preferred); waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. |
| $10,000 – $100,000Monthly service fee waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. | 0.20% | $20 | Monthly service fee waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. |
| $100,000 and upMonthly service fee waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. | 1.00% | — | Monthly service fee waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. |
High Rate Savings
0.20%APY
Must establish a Main Share account first. All deposited funds earn the rate for the tier.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $10,000Monthly service fee is $15.00 (Primary/Preferred); waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. | 0.00% | — | Monthly service fee is $15.00 (Primary/Preferred); waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. |
| $10,000 and upMonthly service fee waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. | 0.20% | $20 | Monthly service fee waived if minimum daily account balance exceeds $10,000.00 or with Premier Relationship Rewards. |
Money Market
0.10%APY
All deposited funds earn the rate for the tier. Rate is variable. Monthly service fee waived if minimum daily account balance exceeds $5,000.00.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $2,500Monthly service fee is $15.00 for Primary relationship, $7.50 for Preferred relationship, and Free for Premier relationship; waived if minimum daily account balance exceeds $5,000.00. All deposited funds earn the rate for the tier. | 0.03% | — | Monthly service fee is $15.00 for Primary relationship, $7.50 for Preferred relationship, and Free for Premier relationship; waived if minimum daily account balance exceeds $5,000.00. All deposited funds earn the rate for the tier. |
| $2,500 – $10,000Monthly service fee is $15.00 for Primary relationship, $7.50 for Preferred relationship, and Free for Premier relationship; waived if minimum daily account balance exceeds $5,000.00. All deposited funds earn the rate for the tier. | 0.05% | — | Monthly service fee is $15.00 for Primary relationship, $7.50 for Preferred relationship, and Free for Premier relationship; waived if minimum daily account balance exceeds $5,000.00. All deposited funds earn the rate for the tier. |
| $10,000 – $50,000Monthly service fee is $15.00 for Primary relationship, $7.50 for Preferred relationship, and Free for Premier relationship; waived if minimum daily account balance exceeds $5,000.00. All deposited funds earn the rate for the tier. | 0.10% | $10 | Monthly service fee is $15.00 for Primary relationship, $7.50 for Preferred relationship, and Free for Premier relationship; waived if minimum daily account balance exceeds $5,000.00. All deposited funds earn the rate for the tier. |
| $50,000 and upMonthly service fee is $15.00 for Primary relationship, $7.50 for Preferred relationship, and Free for Premier relationship; waived if minimum daily account balance exceeds $5,000.00. All deposited funds earn the rate for the tier. | 0.10% | — | Monthly service fee is $15.00 for Primary relationship, $7.50 for Preferred relationship, and Free for Premier relationship; waived if minimum daily account balance exceeds $5,000.00. All deposited funds earn the rate for the tier. |
Share
0.03%APY
To open a Share Account, a deposit of $25 is required. All deposited funds earn the rate for the tier.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Up to $250Single Service monthly maintenance fee of $5.00 applies if Share Savings balance is under $750.00. | 0.01% | — | Single Service monthly maintenance fee of $5.00 applies if Share Savings balance is under $750.00. |
| $250 and upSingle Service monthly maintenance fee of $5.00 applies if Share Savings balance is under $750.00. | 0.03% | $3 | Single Service monthly maintenance fee of $5.00 applies if Share Savings balance is under $750.00. |
Special-purpose accounts
Market IRA
0.05%APY
Variable rate. Subject to IRA annual maintenance fee of $25.00 for Primary/Preferred relationship tiers (Free for Premier).
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceVariable rate. IRA Annual Maintenance fee is $25.00 for Primary and Preferred relationships, Free for Premier relationship.Any balance | 0.05% | $5 | Variable rate. IRA Annual Maintenance fee is $25.00 for Primary and Preferred relationships, Free for Premier relationship. |
Education IRA Accumulation
0.05%APY
Variable-rate Education IRA accumulation account.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceIRA Annual Maintenance fee is $25.00 per member (Primary/Preferred); FREE with Premier Relationship Rewards.Any balance | 0.05% | $5 | IRA Annual Maintenance fee is $25.00 per member (Primary/Preferred); FREE with Premier Relationship Rewards. |
Market IRA
0.05%APY
Variable-rate IRA accumulation account.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceIRA Annual Maintenance fee is $25.00 per member (Primary/Preferred); FREE with Premier Relationship Rewards.Any balance | 0.05% | $5 | IRA Annual Maintenance fee is $25.00 per member (Primary/Preferred); FREE with Premier Relationship Rewards. |
Roth IRA Accumulation
0.05%APY
Variable-rate Roth IRA accumulation account.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceIRA Annual Maintenance fee is $25.00 per member (Primary/Preferred); FREE with Premier Relationship Rewards.Any balance | 0.05% | $5 | IRA Annual Maintenance fee is $25.00 per member (Primary/Preferred); FREE with Premier Relationship Rewards. |
SEP IRA Accumulation
0.05%APY
Variable-rate SEP IRA accumulation account.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceIRA Annual Maintenance fee is $25.00 per member (Primary/Preferred); FREE with Premier Relationship Rewards.Any balance | 0.05% | $5 | IRA Annual Maintenance fee is $25.00 per member (Primary/Preferred); FREE with Premier Relationship Rewards. |
Who can join Monterey Credit Union
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