ONLINE BANKING

Share Rates

Rates Effective July 1, 2017. Rates and other terms may change at any time without prior notice. A penalty is imposed for early withdrawal. Fees could reduce earnings on the account.

Account Type Min Opening Deposit Min Balance to Earn APY Div Rate APY
Regular Shares $25.00 $100 0.10% 0.10%
Christmas Club $0.00 $100 0.10% 0.10%
Vacation Club $0.00 $100 0.10% 0.10%
IRA Regular Shares $0.00 $0.00 0.40% 0.40%
 
Member Money Funds
$2,500 - $9,999.99 $2,500.00 $2,500
$10,000
$50,000
$100,000
0.15%
0.20%
0.30%
0.40%
0.15%
0.20%
0.30%
0.40%
 
Share Drafts $50.00 $1,000 0.05% 0.05%
Plus Checking $50.00 $2,000 0.05% 0.05%
Rewards Plus Checking $50.00 - - -
Up to $20,000.00 - - 1.25% 1.26%
Above $20,000.00 - - 0.25% 0.25%
Requirements not met - - 0.05% 0.05%

Dividends will be compounded monthly and will be credited monthly.
*For additional information regarding the above accounts, please refer to the Fee Schedule.

Certificate Rates: Effective September 1, 2016. Rates and other terms may change at any time without prior notice. After your certificate is opened, the dividend rate is fixed for the term.

Terms Minimum Balance
to Open
Dividend Rate APY
6 months $500 0.40% 0.40%
12 months $500 0.50% 0.50%
18 months $500 0.55% 0.55%
24 months $500 0.75% 0.75%
30 months $500 0.80% 0.80%
60 months $1,000 0.90% 0.90%

90-day penalty for 6 to 30-month CD. 180-day penalty for 60-month CD.
*APY = Annual Percentage Yield. Account fees may reduce earnings on share accounts. All dividends are posted as of the first day of the next dividend period. All interest is posted as of the first day of the following month. Contact Telco Plus Credit Union for current rates and other account fees and restrictions, or click on the Fees Link.
All dividend, interest and rates are subject to change. Membership in Telco Plus Credit Union is required for all credit union services.