Share Rates
Share Rates | |||
|---|---|---|---|
| Account Type | Minimum Dividend Balances | Dividend Rates | APY* |
| Regular Shares (Savings) | $100 | .10% | .10% |
| Drafts/Checking | $100 | .05% | .05% |
| IRA | $100 | .25% | .25% |
| Escrow | $100 | .10% | .10% |
| Holiday Club | $100 | .35% | .35% |
- All rates effective as of August, 2018.
- All share account dividends are earned on the average daily balance (unless otherwise noted) and are posted and compounded monthly. All share account rates are Variable Rates (unless otherwise noted).
- *APY stands for Annual Percentage Yield. Certain assumptions apply. See our Truth-In-Savings disclosure concerning dividend calculation methods and restrictions. Rates are subject to change monthly. Not responsible for typographical errors or omissions.
- Fees may reduce the earning on the account.
- Rates may change after the account is opened.
- On Club Accounts an early withdrawal penalty may be imposed.
IRA & Share Certificate Rates
IRA & Share Certificate Rates | ||||
|---|---|---|---|---|
| Account Type | Minimum Deposit Balances | Dividend Rate | APY* | Penalty |
| 6 Month | $500 | .50% | .50% | 30 Days Interest |
| 12 Month | $500 | 1.25% | 1.26% | 30 Days Interest |
| 18 Month | $500 | 2.60% | 2.63% | 90 Days Interest |
| 24 Month | $1,000 | 1.50% | 1.51% | 30 Days Interest |
| 36 Month | $1,000 | 2.85% | 2.89% | 90 Days Interest |
| 48 Month | $1,000 | 1.75% | 1.76% | 90 Days Interest |
| 60 Month | $10,000 | 3.00% | 3.04% | 90 Days Interest |
- All rates effective as of August, 2018, all rates are subject to change.
- Fees may reduce earnings on the account and an early withdrawal penalty may be imposed
- All certificate dividends are earned on the actual certificate balance (unless otherwise noted) and are posted and compounded monthly. Penalties exist for early withdrawal.
- Ten days before maturity a notice will be sent for you to decide what action you want. Otherwise the certificate will be rolled for the same term with the new current rate.
- Member has the option to have dividends transferred to share account, or check mailed.
- *APY stands for Annual Percentage Yield. Certain assumptions apply. See our Truth-In-Savings disclosure concerning dividend calculation methods and restrictions. Rates are subject to change. Not responsible for typographical errors or omissions.
- Minimum Deposit Balance will earn the APY.
Money Market Account Rates
Money Market Account Rates | |||
|---|---|---|---|
| Account Type | Minimum Deposit & Balances | Dividend Rates | APY* |
| Money Market | $1,500 | .25% | .25% |
| $10,000 | .35% | .35% | |
| $50,000 | .70% | .70% | |
| $100,000 | .80% | .80% | |
*APY stands for Annual Percentage Yield
- All rates effective as of August, 2018, all rates are subject to change.
- Rates are subject to change weekly and differ from when an account is opened.
- Funds earn dividends from the first business day of deposit and are compounded daily and posted monthly. Money Market dividends are calculated on the full balance using the highest applicable dividend rate. Accrued dividends are forfeited if account is closed prior to monthly dividend posting. Fees or other conditions may reduce earnings. Refer to TFCU’s Truth-in-SavingsDisclosures and Account Agreement and Schedule of Fees and Service Charges.
Loan Rates
Loan Rates | |||
|---|---|---|---|
| Loan Type | Rate Type | APR** | Terms |
| Credit Card Mastercard® | Fixed | 9.9%-13.9% | APR - 9.9%-13.9% |
| Grace period for repayment of the balances for purchases - 25 days. Method of computing balance - Average Daily Balance(including new purchases). Minimum finance charge - none. Transaction fee for purchases - none. No Annual Fee. | |||
| Signature | Fixed | As low as 4.00% | If direct deposit or deducted thru payroll and other rewards |
| New & Used Vehicle | Fixed | As low as 4.00% New Money as low as 1.99% | If direct deposit or deducted thru payroll and other rewards |
| New & Used Recreational | Fixed | As low as 5.00% | If directed or deducted thru payroll and other rewards |
| Shares Secured | Variable | 3% above share or certificate pledged. | IRA's can't be pledged |
| Revolving Line of Credit | Fixed | As low as 12.5% | If direct deposit or deducted thru payroll. |
| Overdraft Loan Protection | Fixed | As low as 13.5% | Payment is 10% of balance monthly |
| Home Equity Line of Credit $20,000 to $300,000 | Variable & Fixed | Contact Credit Union for current rates | 10, 15 or 20 years. Rates change more frequently. Call for rates and rewards. |
| First Mortgage Loans | We may assume a mortgage, if less than 20 years, 300k or less and if we have funds available. | Contact Credit Union for current rates |
** APR stands for Annual Percentage Rate
- Effective August, 2018 – all rates are subject to change.
- Loans are subject to credit approval
- All loan rates are stated as annual percentage rates and are subject to change.
- Membership is required.
- Sample Loan Payment: $1000.00 at 12.9% APR for a three year term (36 monthly payments) equals $33.66 per month.
