Apply Today for the Members Plus Credit Union (MPCU) Annual Scholarships!

General Information: 1. Five scholarships of $1000 will be awarded at the 2010 Annual Meeting in April. 2. One scholarship per family per year. 3. Print the application (PDF) or stop by any branch of Members Plus Credit Union (MPCU).   Send completed application to:  Members Plus Credit Union  29 High Street  Medford MA 02155  Attn: Scholarship Application or send via fax: 781-306-0681 Deadline: March 26, 2010

Rules of Eligibility: 1. Applicant MUST be a member of MPCU, or a member's dependent. 2. Applicant MUST be enrolled in a 2- or 4-year school of higher learning. 3. One entry per student. 4. No director or employees of the Credit Union or their dependents are eligible.

Apply Today for the Massachusetts Credit Union League (MCUL) Scholarship!

General Information: 1. One scholarship in the amount of $1500 will be awarded through the Credit Union. 2. Print the application (PDF) or call any Members Plus branch for a copy.   Send completed application, typewritten essay and academic transcripts to:  Members Plus Credit Union  29 High Street  Medford MA 02155  Attn: Scholarship Application or send via fax: 781-306-0681 Deadline: April 5, 2010

Rules of Eligibility: 1. Applicant MUST be a member of MPCU, or a member's dependent. 2. Applicant MUST be a high school senior who will be enrolled in an undergraduate college degree program during the 2010-2011 academic year.

Enroll Today in our NEW 2 Year Step-Up CD!

Rate APY* 24 Months 2.00% 2.02% You have the option to upgrade your current rate afer one year! ** Click here to learn more about our additional great fall rates! * APY=Annual Percentage Yield. **You may exercise your step up option to change the rate on your account once in a twelve month period provided your account has been open for at least one year. You may change the rate on your account to the current rate offered on the 2 year step up account at the time you exercise the option to step up. Changing your rate will extend the maturity date on your account for an additional 2 years. To exercise this step up option, you must provide written instructions to the credit union either in person or by mail.

Your Money is Safe at Members Plus Credit Union

The National Credit Union Association (NCUA) federally protects deposit dollars up to $250,000 for individual accounts and $250,000 per account owner for joint accounts. Larger deposits are further insured through the Massachusetts Share Insurance Corporation. To learn more, visit NCUA.  Deposits are fully insured to the legally permissible deposit limit allowed by Massachusetts regulations. No deposit limits on IRAs. In addition, excess insurance is provided by the Massachusetts Credit Union Share Insurance Corporation (MSIC).  MSIC insures your savings that exceed the federal share insurance limit, up to $600,000 for single accounts, $1,200,000 for joint accounts and unlimited for IRA accounts. Learn more about the excess coverage provided by MSIC.  Please feel free to contact us at 781-905-1500, if you have any further questions.

*APR = Annual Percentage Rate. Qualification restrictions apply. Rates may vary based on individual credit score. Payments for the rate of 7.99% APR are approximatedl $86.99 per month per $1000 borrowed. Rated listed reflects discount for autopay rate with excellent credit rating. Autopay Rate: To qualify for Autopay rate you must have payroll direct deposit to a Members Plus Credit Union checking account with automatic loan payment transfer. Should you cancel your payroll deposit or automatic payment transfer, the interest rate will change to the non autopay rate.