Rates

Deposit Accounts

Declaration Date 03-20-14

 

Account Type


 

Dividend Rate

 

APY*

 


Savings**

.15%

.15%

Quarterly Dividends;  $300.00 Min. Balance

Checking*

.10%

.10%

Monthly Dividends;  $2,500.00 Min. Balance

Checking Business Plus*

.15%

.15%

Monthly Dividends;  $2,500.00 Min. Balance

 

*Share Checking Account dividends are paid monthly.

*Please note that the rates may change after the account is opened. Fees may reduce earnings.

* **The annual percentage yields are accurate as of March 20, 2014.

** Dividends are paid and compounded quarterly. A minimum deposit of $25 is required to open account.

 

Insured Money Market Account


Account Type

Dividend Rate

APY*

 

IMMA

0.25%

0.25%

Monthly Dividends;  $2500.00 Min. Balance

 

0.35%

0.35%

Monthly Dividends;  $10,000.00 Min. Balance

 

0.50%

0.50%

Monthly Dividends;  $25,000.00 Min. Balance

 

For Insured Money Market Accounts, there is a $2,500 minimum daily balance required to maintain the account. If the $2,500 minimum daily balance is not met, the Insured Money Market Account will be closed and the existing balance will be transferred to your Savings Account.

Free Check Writing

Up to 3 per month***

Earns Dividends

Monthly with $2,500 minimum daily balance

Share Certificate Accounts

Effective Date 01-17-14

 

Share Certificate Type

Term

Dividend Rate

APY*

 

Regular Certificates

91 Days

0.30%

0.30%

Dividend Paid at Maturity; $2,500.00 Min. Deposit

Regular Certificates

6 Months

0.35%

0.35%

Dividend Paid at Maturity; $2,500.00 Min. Deposit

Save A Lot Certificate

12 Months

0.55%

0.55%

Dividend Paid Quarterly; $25.00 Min. Deposit

Regular CertifIcates

12 Months

0.55%

0.55%

Dividend Paid Quarterly; $500.00 Min. Deposit 

Regular Certificates

18 Months 

0.75% 

0.75% 

Dividend paid Quarterly; $500.00 Min. Deposit 

Regular Certificates

24 Months

0.75% 

0.75% 

Dividend Paid Quarterly; $500.00 Min. Deposit

Regular Certificates

 30 Months

1.05%

1.06% 

Dividend Paid Quarterly; $500.00 Min. Deposit

Regular Certificates

36 Months

1.05%

1.06%

Dividend Paid Quarterly; $500.00 Min. Deposit

Regular Certificates

48 Months

1.05%

1.06%

Dividend Paid Quarterly; $500.00 Min. Deposit

Regular Certificates

60 Months

1.45%

1.46%

Dividend Paid Quarterly; $500.00 Min. Deposit

´╗┐JUMBO CERTIFICATES Effective Date 02-25-14

Jumbo Certificates

6 Months

0.45%

0.45%

Dividend Paid at Maturity; $50,000.00 Min. Deposit

Jumbo Certificates

12 Months

0.65%

0.65%

Dividend Paid Quarterly; $50,000.00 Min. Deposit

Jumbo Certificates

18 Months Rate Plus

0.85%

0.85%

Dividend Paid Quarterly; $50,000.00 Min. Deposit 

Jumbo Certificates

24 Months

0.85%

0.85%

Dividend Paid Quarterly; $50,000.00 Min. Deposit

Jumbo Certificates

30 Months Rate Plus

1.15%

1.16%

Dividend Paid Quarterly; $50,000.00 Min Deposit

Jumbo Certificates

36 Months

1.15%

1.16%

Dividend Paid Quarterly; $50,000.00 Min. Deposit

Jumbo Certificates

48 Months

1.15%

1.16%

Dividend Paid Quarterly; $50,000.00 Min. Deposit

Jumbo Certificates

60 Months

1.55%

1.56%

Dividend Paid Quarterly; $50,000.00 Min. Deposit

IRA

IRAs help you to begin investing for a secure future and can save you tax dollars when you contribute and while your money grows. TFCU offers Traditional, Roth and Education IRA accounts.


IRA Share Certificates are also available and offer the same rates and terms as our Traditional and Jumbo Share Certificates.



Account Type

Dividend Rate

APY*

 

IRA

0.30%

0.30%

Quarterly Dividends;  $1.00 Min. Balance

 

 

Earns Dividends - Quarterly

 

 

 

Dividends are paid and compounded quarterly.

Please note that the rates may change after the account is opened.

The annual percentage yields are accurate as of March 20, 2014.

 

*All rates stated as Annual Percentage Yields. Rates are in effect until further notice and are subject to change by the Board of Directors. You may call (915) 843-TFCU(8328) for additional rate information. Three and six month share certificate dividends are paid at maturity. Twelve to sixty month share certificate dividends are paid and compounded quarterly. We may impose a penalty if you withdraw any of the principal before the maturity date. The amount of the early withdrawal penalty is based on the term of your account. You must be eligible for membership. The minimum balance required to open a share savings account for membership is $25.00.

 

**Transfer limitations. For all share savings accounts, you may make no more than six (6) transfers and withdrawals from your account to another account of yours or to a third party in any month by means of a  preauthorized, automatic or internet transfer, by telephonic order or instruction, or by check, draft, debit card or similar order. If you exceed these limitations, your account may be subject to a fee or be closed.

 

***For Insured Money Market (IMMA) accounts, no more than six transfers and withdrawals from your account to another account of yours or to a third party in any month by means of a  preauthorized, automatic or internet transfer, by telephonic order or instruction, or by check, draft, debit card or similar order. If you exceed these limitations, your account may be subject to a fee or be closed.