These links will take you outside the Mountain Laurel Federal Credit Union's web site. Please remember that the credit union is not responsible for the content or availability of other websites you may visit.

Would you like to proceed?


Great Rates

A Credit Union Share Certificate gives you the opportunity to invest your money with minimum risk and a guaranteed return. You can earn a higher rate than you would on a savings account and still enjoy the security of a low-risk investment tool.

We offer certificates with terms ranging from six months to two years.

View our current certificate rates here.

  • Early Withdrawal Penalty - We may impose a penalty if you withdraw from your account before the maturity date.
  • Amount of Penalty - For Share Certificate accounts, the amount of early withdrawal penalty for your account is 90 days' dividends, including principal.

IRA Accounts

Plan for your retirement with an Individual Retirement Account. A variety of options are available to meet your financial needs, and deposits may be tax deductible.

WHY OPEN AN IRA? Here are some good reasons to consider having an IRA:

  • LONGEVITY - retired Americans are living longer, healthier lives. This certainly has resulted in the need to stretch or add to your retirement funds.
  • SAVE ON CURRENT TAX BILL - If you are eligible, you may be able to deduct your contributions to a Traditional IRA on your current tax form and still reap tax-deferred earnings until withdrawal at retirement.
  • TAX FREE EARNINGS - Roth IRAs generate tax free earnings when withdrawn, as long as the account has been maintained for 5 years or you meet certain other withdrawal conditions.
  • DIVERSIFICATION - IRAs can help to diversify your retirement portfolio.

Traditional or Roth IRA contributions for 2018 are $5,500. If you are 50 years of age or over, the maximum is $6,500.

We can help you to secure a more comfortable retirement by assisting in your consideration of which type of IRA may be best for you.

View our current IRA rates here.

Visa Credit CardStudent Choice