High Five
Congratulations! You made the smart choice to become part of Metropolitan College. We're pleased to offer financial services that can make your experience even more rewarding.
Managing money is part of the learning process
The keys to academic success? Hard work and good study habits. The keys to financial success? A convenient checking account, a choice of savings options, and affordable loans. At Commonwealth Credit Union, we offer Metropolitan College students tools that can help them make the financial grade.
Whether you're buying a new laptop or Friday night pizza, our top-of-the-line checking account offers a variety of ways to pay. To sweeten the deal, we'll throw in a little money of our own.
- Every debit transaction will be “rounded up” to the next whole dollar amount and deposited into your Round UP Savings account, which earns 5.00% APY*
- We’ll match 100% of the rounded up transfers for the first 90 days, and 5% thereafter for a maximum of $250 per year
- You get a free Visa debit card - and a free first box of checks
- Unlimited access to Online Banking and our top-rated mobile app
- Withdraw money at a nationwide network of ATMs
- We'll reimburse foreign ATM fees up to five transactions a month**
- Reorder checks easily through Deluxe
*Annual Percentage Yield. Rate effective as of January 1, 2023. 100% match of the round up transfer amount will be paid at the end of the first 90 days. 5% of round up transfer amount, maximum of $250, will be paid annually on the first business day after your anniversary of account opening. Rates may change after the account is opened. Fees could reduce earnings on the account. Online Banking and eStatement are required.
** Checking account withdrawals only.
College students tend to live in the moment. Nothing wrong with that, but it's also a good idea to save for future needs. Our flexible Certificate is a great way to grow your money.
- Flexible certificate with 5.00% APY*, paid annually**
- $5 initial deposit and a $20 monthly minimum deposit required to earn the stated APY
- 24- or 48-month terms available
- 24-month term has a monthly maximum deposit of $400
- 48-month term has a monthly maximum deposit of $200
- Required monthly contribution transfer from account once per month
- Every 90 calendar days (from the most previous withdrawal date), a member may make a penalty-free withdrawal from their Wealth Development CD***
*Annual Percentage Yield. Accurate as of January 1, 2023. Early withdrawal penalties may reduce earnings. Funds transferred to a regular savings account at maturity.
**Dividend paid on the anniversary of the open date.
***A subsequent withdrawal in the same 90-day period will be subject to an early withdrawal penalty and the certificate will be closed.
Ready to slide into a new ride? Our innovative savings program can help you buy a sweet set of wheels that take you to work and school.
- We'll match 25% of the savings - up to $750 - you put toward a down payment or other purchase expenses on a new or used vehicle purchased with one of our loans*
- Requires a minimum $25 monthly deposit for 12 consecutive months
- Regular savings rates apply
- A Wealth Ambassador will meet with you to help set up your savings plan
- A savings plan may be canceled at any time. If that happens, all matching funds are forfeited
*One Rock-A-Ride Savings per person, per lifetime. Program subject to change.
You're a student now, but life moves fast. Someday soon, you might be looking to buy a place of your own. The First Home Savings Plan can help you start setting aside money for a down payment.
- Students can meet with one of our home loan experts to set a savings goal
- We'll match 25% of the funds saved, up to $750
- Matched funds are to be applied to closing costs
- Saved funds can be used for a down payment on a home or for other home-buying expenses
*One First Home Savings Plan per person, per lifetime. Account does not earn dividends. Program subject to change.
A loan to get you back on track for current or past due institutional fees (referral, eligibility, and approval required).
- Borrow cash for 24 months at 5% APR*
- Maximum loan amount is $1,500, minimum loan amount is $250
- Loans issued up to two times per year
- Student must be issued a loan request form from Metropolitan College
All loans subject to approval.
*Annual Percentage Rate. Must qualify. For example: the monthly payment for a $1,500 MC GAP loan with a 24-month term at 5% APR would be $65.82.
Access to self-paced online learning and group sessions
