Join!
Ever notice the way great service puts a smile on your face? Or how someone listening to your concerns, even for a few minutes, makes you feel good? We do.
Membership in Mid-Atlantic Corporate is open to all credit unions, CUSOs and Leagues located in the United States. A single deposit of $5.00 into a Mid-Atlantic Corporate Share Account makes you part-owner of a financial institution whose mission and responsibility is to serve credit unions.
At Mid-Atlantic Corporate, we know each credit union has different needs. That’s why we’ve created three levels of membership to suit the unique needs of our members/owners. Today’s financial services market is challenging, but with Mid-Atlantic Corporate, our members know they have a friends who wants to keep them smiling. Mid-Atlantic Corporate Federal Credit Union — Your Friend In The Business®.
Membership Capital Account
Membership Capital Accounts (MCA) provide Mid-Atlantic Corporate with the capital necessary to generate value-added services at attractive prices. The benefits of these services result from the convenience of centralized activities and the efficiencies of economies of scale. While other providers often seek to maximize earnings from credit unions, MCA allows the Corporate to maximize your credit union earnings on investments, while keeping costs for credit unions low.
Correspondent Membership Plan
This is a non-MCA plan that earns a lower rate than the Membership Capital Account (MCA). Credit unions will be eligible to use all of the Corporate’s products and services under the Correspondent Membership Plan.
Investments Only Membership Plan
This plan allows credit unions to invest in and through Mid-Atlantic Corporate. Credit unions participating in the Investments Only Membership Plan are eligible to use the Corporate’s Investments products and services. In addition, this plan allows members to participate in any of our business partner relationships, Electronic Bill Payment Processing, Remote Branch Capture Deposit Processing, and Wire Services. No other services, including Items Processing, ACH, Official Drafts, Settlement Services and Loans, will be available to Investment Only members.
