Welcome to the new Monterra Credit Union website
We’re ready to improve your banking experience with our new and improved website. Take a tour to see what changes have been made and where you can find the products that you’re most interested in.
We offer competitive rates for loans and savings to help your money work for you.
Product | Minimum Balance to Open | Dividend Rate | Annual Percentage Yield (APY) |
---|---|---|---|
Regular (Share) Savings | $0 | 0.050% | 0.05% |
Business Savings | $0 | 0.050% | 0.05% |
Youth Savings | $0 | 0.050% | 0.05% |
Holiday Savings | $25 | 0.050% | 0.05% |
IRA Savings | $0 | 0.100% | 0.10% |
Health Savings Account (HSA)† | $100 | 0.250% | 0.25% |
Minimum Balance to Open: $0.00
Average Daily Balance | Dividend Rate | Annual Percentage Yield (APY) |
---|---|---|
$0.01 - $4,999.99 | 3.928% | 4.00% |
$5,000.00 - $9,999.99 | 2.960% | 3.00% |
$10,000.00 - $19,999.99 | 1.490% | 1.50% |
$20,000.00 and above | 0.499% | 0.50% |
Minimum Balance to Open: $1,000.00
Share Certificate Term | Standard Rate | Standard APY* | Rate with Active Checking† | APY* with Active Checking† |
---|---|---|---|---|
60 Months | 2.472% | 2.50% | 2.716% | 2.75% |
48 Months | 2.374% | 2.40% | 2.618% | 2.65% |
36 Months | 2.667% | 2.70% | 2.911% | 2.95% |
30 Months¹ | 3.687% | 3.75% | 3.9285% | 4.00% |
24 Months | 2.472% | 2.50% | 2.716% | 2.75% |
20 Months¹ | 4.650% | 4.75% | 4.889% | 5.00% |
18 Months | 2.227% | 2.25% | 2.472% | 2.50% |
12 Months | 1.982% | 2.00% | 2.227% | 2.25% |
11 Months¹ | 4.410% | 4.50% | 4.650% | 4.75% |
6 Months | 0.995% | 1.00% | 1.243% | 1.25% |
3 Months | 0.499% | 0.50% | 0.747% | 0.75% |
Minimum Balance to Open Traditional and Roth IRAs: $1,000.00
Minimum Balance to Open Educational Savings Accounts (ESA): $500.00
Regular Certificate Term | Standard Rate | Standard APY* | Rate with Active Checking† | APY* with Active Checking† |
---|---|---|---|---|
60 Months | 2.472% | 2.50% | 2.618% | 2.75% |
48 Months | 2.374% | 2.40% | 2.618% | 2.65% |
36 Months | 2.667% | 2.70% | 2.911% | 2.95% |
30 Months¹ | 3.687% | 3.75% | 3.9285% | 4.00% |
24 Months | 2.472% | 2.50% | 2.716% | 2.75% |
20 Months¹ | 4.650% | 4.75% | 4.889% | 5.00% |
18 Months | 2.227% | 2.25% | 2.472% | 2.50% |
12 Months | 1.982% | 2.00% | 2.227% | 2.25% |
11 Months¹ | 4.410% | 4.50% | 4.650% | 4.75% |
Product | Term | Minimum Balance to Open | Standard Rate | Standard APY* | Rate with Active Checking† | APY* with Active Checking† |
---|---|---|---|---|---|---|
Flex Certificate² | 12 Months | $1,000.00 | 3.928% | 4.00% | not applicable | not applicable |
Youth Certificate³ | 12 Months | $250.00 | 1.982% | 2.00% | 2.227% | 2.25% |
Add-On IRA Certificate⁴ | 24 Months | $2,000.00 | 2.472% | 2.50% | 2.716% | 2.75% |
Registry Certificate Account⁵ | 15 Months | $100.00 | 0.20% | 0.20% | 0.449% | 0.45% |
Minimum Balance to Open: $2,500.00
Average Daily Balance | Dividend Rate | Annual Percentage Yield (APY) |
---|---|---|
$250,000.00 and above | 1.982% | 2.00% |
$150,000 - $249,999.99 | 1.982% | 2.00% |
$100,000.00 - $149,999.99 | 1.490% | 1.50% |
$50,000.00-$99,999.99 | 0.995% | 1.00% |
$0.01 - $49,999.99 | 0.499% | 0.50% |
Product | Minimum Balance to Open | Dividend Rate | Annual Percentage Yield (APY) |
---|---|---|---|
Premium Checking when requirements are met* | $20.00 | 3.445% | 3.50% |
Premium Checking when requirements are not met* | $20.00 | 0.00% | 0.00% |
Free Checking | $20.00 | 0.00% | 0.00% |
Student Checking (Ages 13-17) | $20.00 | 0.00% | 0.00% |
Business Checking | $100.00 | 0.00% | 0.00% |
Rates, terms, conditions, and availability are subject to change or withdrawal at any time and without notice. Nothing herein is or should be interpreted as an offer or commitment to rate or to lend. All loans are subject to credit and property approval. The following rates are effective 11/08/2023.
Product | Rate | APR* |
---|---|---|
15 Year Fixed Rate | 7.000% | 7.335% |
20 Year Fixed Rate | 7.125% | 7.421% |
30 Year Fixed Rate | 7.375% | 7.635% |
5/5 Adjustable Rate | 7.125% | 7.382% |
Product | Rate | APR* |
---|---|---|
15 Year Fixed Rate | 7.500% | 7.842% |
30 Year Fixed Rate | 7.875% | 8.141% |
5/5 Adjustable Rate | 7.250% | 7.508% |
7/1 Adjustable Rate | 7.375% | 7.635% |
10/1 Adjustable Rate | 7.625% | 7.888% |
Product | Rate | APR |
---|---|---|
15 Year Fixed Rate | 7.500% | 7.842% |
30 Year Fixed Rate | 7.750% | 8.015% |
5/5 Adjustable Rate | 7.250% | 7.508% |
7/1 Adjustable Rate | 7.500% | 7.761% |
10/1 Adjustable Rate | 7.625% | 7.888% |
Rates, terms, conditions, and availability are subject to change or withdrawal at any time and without notice. Nothing herein is or should be interpreted as an offer or commitment to rate or to lend. All loans are subject to credit and property approval.
Published rate may be adjusted based on other factors, including but not limited to, when your rate is locked, actual occupancy status, loan purpose, loan amount, credit score, debt to income ratio, and loan to value.
Rate As Low As | APR* As Low As |
---|---|
8.750% | 8.750% |
LIMITED TIME OFFER: Special low-rate of 6.99% APR* for 12 months.
Term | Rates As Low As | APR* As Low As |
---|---|---|
5 Years | 7.625% | 7.625% |
10 Years | 7.750% | 7.750% |
15 Years | 7.875% | 7.875% |
30 Due in 15 Years | 7.500% | 7.500% |
Monterra credit cards carry a variable rate and your specific rate within the rate ranges displayed below depends on your credit score.
Credit Card | Credit Line | Variable APR¹ Range | Intro APR² As Low As |
---|---|---|---|
Visa® Signature | $5,000 - $35,000 | 15.99% - 17.99% | N/A |
Visa® Platinum Rewards | $500 - $25,000 | 14.99% - 18.00% | 2.99% |
Visa® Platinum | $500 - $25,000 | 13.99% - 18.00% | 1.99% |
Business Rewards Visa® | $500 - $25,000 | 15.49% - 18.00% | 1.99% |
Student Visa® | $100 - $2,000 | 14.99% - 18.00% | 2.99% |
Visa® Secured³ | $100 - $20,000 | 14.99% - 18.00% | N/A |
Product | Term | Available | APR* As Low As |
---|---|---|---|
Personal Loan | Up to 60 Months | $100.00 - $35,000.00 | 9.99% |
Tuition Loan | Up to 60 Months | $500.00 - $25,000.00 | 6.99% |
Tax Loan | Up to 60 Months | $300.00 - $25,000.00 | 9.99% |
The following rates apply to new and used auto loans for vehicles that are 2016 or newer, have a maximum of 100,000 miles, and do not exceed 130% of the Retail Blue Book MSRP. For rates and options outside of these parameters, please call (650) 363-1725 (choose option #3).
Term | Minimum Amount | APR* As Low As |
---|---|---|
Up to 36 Months | N/A | 4.99% |
37 - 60 Months | $10,000 | 6.49% |
61 - 72 Months | $15,000 | 6.99% |
73 - 84 Months | $25,000 | 7.24% |
The following rates apply to new and used boats, motor homes, and travel trailers that are 2016 or newer, have a maximum of 100,000 miles, and do not exceed 130% of the Retail Blue Book MSRP. For rates and options outside of these parameters, please call (650) 363-1725 (choose option #3).
Term | APR* As Low As |
---|---|
Up to 84 Months | 8.24% |
The following rates apply to new and used motorcycles that are 2016 or newer and have a maximum of 100,000 miles. For rates and options outside of these parameters, please call (650) 363-1725 (choose option #3).
Term | APR* As Low As |
---|---|
Up to 60 Months | 6.99% |
Online Banking is the branch that's always open.
We invest in the success of people and our community by: