Savings

Savings Accounts

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A Savings Account represents your ownership in our credit union. It’s your first step to opening the door to all of our products and services.

 

Share Savings Accounts
Personal Savings & Checking Minimum Balance to Earn APY* Dividend Rate APY*
Share Account $0.00 0.05 0.05
Club & Alternate Savings Accounts $0.00 0.05 0.05
Interest Checking Account $700.00 0.05 0.05
Money Market Plus $0.00 – $2,499.99 0.00 0.00
Money Market Plus $2,500.00 – $49,999.99 0.15 0.15
Money Market Plus $50,000.00 – $99.999.99 0.25 0.25
Money Market Plus $100,000.00 + 0.35 0.35
Accumulative IRA Accounts $0.00 0.30 0.30

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Club Accounts

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Club / Alternate Savings Accounts can help you save for those times when extra money is needed the most.

  • No Minimum Balance Requirements
  • Open the account anytime throughout the year
  • Unlimited deposits and withdrawals at anytime
  • Savings made easy through direct deposit, payroll deduction or transfers from another TCAFCU Account
  • 24/7 Access through PCXpress, PhoneXpress & our Mobile App!
  • Insured Funds up to $250,000 by the NCUA

 

Club Accounts
Personal Savings & Checking Minimum Balance to Earn APY* Dividend Rate APY*
Share Account $0.00 0.05 0.05
Club & Alternate Savings Accounts $0.00 0.05 0.05
Interest Checking Account $700.00 0.05 0.05
Money Market Plus $0.00 – $2,499.99 0.00 0.00
Money Market Plus $2,500.00 – $49,999.99 0.15 0.15
Money Market Plus $50,000.00 – $99,999.99 0.25 0.25
Money Market Plus $100,000.00 + 0.35 0.35
Accumulative IRA Accounts $0.00 0.30 0.30

 

Money Market Accounts

Money in glass jar with plant

A Money Market Account is designed to reward you for your higher savings balance. The rate you earn is variable and is generally higher than the rate on other insured savings accounts. At the same time, your money is still easily accessible. It’s a great way to earn higher rates and have your funds available when needed.

    • Unlimited lobby withdrawals
    • Money Market Checks are available
    • Up to six pre-authorized, automatic or electronic withdrawals are allowed per month. From the six withdrawals, three may be from Money Market Checks.
    • 24/7 Access through PCXpress, PhoneXpress & our Mobile App!
  • Fully Insured funds up to $250,000 by the NCUA

 

Money Market Accounts
Personal Savings & Checking Minimum Balance to Earn APY* Dividend Rate APY*
Share Account $0.00 0.05 0.05
Club & Alternate Savings Accounts $0.00 0.05 0.05
Interest Checking Account $700.00 0.05 0.05
Money Market Plus $0.00 – $2,499.99 0.00 0.00
Money Market Plus $2,500 – $49,999.99 0.15 0.15
Money Market Plus $50,000.00 – $99,999.99 0.25 0.25
Money Market Plus $100,000.00 + 0.35 0.35
Accumulative IRA Accounts $0.00 0.30 0.30

 

Certificates

Father and Son Embracing

A certificate provides a secure savings option with higher returns to help you reach your future goals.

Regular & IRA Certificates:

  • $500 Minimum Investment
  • Higher Rates for balances over $50,000 and $75,000
  • Dividends Paid Monthly
  • Add-On Option Available*
  • Fully Insured Funds up to $250,000 by the NCUA

Junior Certificates:

  • $100 Minimum Investment
  • 12 Month Term
  • Dividends Paid Monthly
  • Add- On Option Available*
  • Fully Insured Funds up to $250,000 by the NCUA

*You may add on to your certificates through an automatic transfer cycle. This option must be set up within 30 days of opening the certificate.

 

Certificates
Certificates Minimum Balance Dividend Rate APY* Term
12 Month – $500 Minimum / Tier 1 $500.00 1.40 1.41 12
12 Month – $50,000 Minimum / Tier 2 $50,000.00 1.45 1.46 12
12 Month – $75,000 Minimum / Tier 3 $75,000.00 1.50 1.51 12
18 Month – $500 Minimum / Tier 1 $500.00 1.60 1.61 18
18 Month – $50,000 Minimum / Tier 2 $50,000.00 1.65 1.66 18
18 Month – $75,000 Minimum / Tier 3 $75,000.00 1.70 1.71 18
24 Month – $500 Minimum / Tier 1 $500.00 1.80 1.82 24
24 Month – $50,000 Minimum / Tier 2 $50,000.00 1.85 1.87 24
24 Month – $75,000 Minimum / Tier 3 $75,000.00 1.90 1.92 24
30 Month – $500 Minimum / Tier 1 $500.00 1.90 1.92 30
30 Month – $50,000 Minimum / Tier 2 $50,000.00 1.95 1.97 30
30 Month – $75,000 Minimum / Tier 3 $75,000.00 2.00 2.02 30
36 Month – $500 Minimum / Tier 1 $500.00 2.00 2.02 36
36 Month – $50,000 Minimum / Tier 2 $50,000.00 2.05 2.07 36
36 Month – $75,000 Minimum / Tier 3 $75,000.00 2.10 2.12 36
48 Month – $500 Minimum / Tier 1 $500.00 2.20 2.22 48
48 Month – $50,000 Minimum / Tier 2 $50,000.00 2.25 2.28 48
48 Month – $75,000 Minimum / Tier 3 $75,000.00 2.30 2.33 48
60 Month – $500 Minimum / Tier 1 $500.00 2.45 2.48 60
60 Month – $50,000 Minimum / Tier 2 $50,000.00 2.50 2.53 60
60 Month – $75,000 Minimum / Tier 3 $75,000.00 2.55 2.58 60
Junior $100.00 1.40 1.41 12

 

IRAs

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An IRA is an easy way to start savings so you can live happy! Whether you are saving for your retirement, your child’s higher education or the purchase of your first home, an IRA may be just the right option for you.

Traditional and Roth IRAs are available.

 

Individual Retirement Accounts
Personal Savings & Checking Minimum Balance to Earn APY* Dividend Rate APY*
Share Account $0.00 0.05 0.05
Club & Alternate Savings Accounts $0.00 0.05 0.05
Interest Checking Account $700.00 0.05 0.05
Money Market Plus $0.00 – $2,499.99 0.00 0.00
Money Market Plus $2,500.00 – $49,999.99 0.15 0.15
Money Market Plus $50,000.00 – $99,999.99 0.25 0.25
Money Market Plus $100,000.00 + 0.35 0.35
Accumulative IRA Accounts $0.00 0.30 0.30

 

* APY is Annual Percentage Yield and is current as of  09/19/18. The Annual Percentage Yield is a percentage that reflects the total amount of dividends to be paid on an account based on the dividend rate and frequency of compounding for an annual period. Fees could reduce the earnings on account. All Credit Union programs, rates, terms and conditions are subject to change at anytime without notice. Call us at 610.326.3705 for current information.