TFCU membership is established by opening and maintaining an Easy Savings Account with a minimum balance of $5. You will then be able to take advantage of all of our products, benefits, programs, and services. Account holders will receive a quarterly or a monthly statement depending on the member’s usage of electronic transactions, such as ATMs.
Here’s a look at our other deposit accounts available to help you save:
This structured account is opened in October with an annual payout to your main Easy Savings account the following October. Very popular with members on payroll deduction. Withdrawals from this account are not allowed.
Premium fixed rates are offered for the term of the certificate. A minimum deposit of $250 is required to open a certificate. We offer a variety of terms from 3 months to 60 months. Click here to view our current rate sheet for details on rates and terms.*
Money Market Accounts earn a higher dividend than a regular share type account, which is based on a tiered dividend rate system. This account is a great account for our members who do not make frequent withdrawals.**
An Individual Retirement Account (IRA) can help your retirement savings grow more rapidly by allowing earnings to compound on a tax-deferred basis until you are ready to withdraw them. In some cases, you may also be able to take a tax deduction or tax credit on your contributions. See your tax advisor for details.
*Interest compounded monthly. Minimum balance to earn interest on all certificates is $250. **If the average daily balance falls below the minimum balance required within any Tier, the rate given will be the rate then in effect for the current balance in the account. Only 3 withdrawals are allowed per month from any of our Money Market Accounts.