Share Rates

Rates Effective April 9, 2021. 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 $5.00 $100 0.01% 0.01%
Christmas Club $10.00 $100 0.01% 0.01%
Vacation Club $10.00 $100 0.01% 0.01%
IRA Regular Shares $0.00 $0.00 0.20% 0.20%
 
Member Money Funds
$2,500 - $9,999.99 $2,500.00 $2,500
$10,000
$50,000
$100,000
0.05%
0.10%
0.15%
0.20%
0.05%
0.10%
0.15%
0.20%
 
Share Drafts $0.00 $1,000 0.01% 0.01%
Plus Checking $0.00 $2,000 0.01% 0.01%
Rewards Plus Checking $0.00 - - -
Up to $20,000.00 - - 0.20% 0.20%
Above $20,000.00 - - 0.01% 0.01%
Requirements not met - - 0.00% 0.00%

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

Share Certificates (CD) & Individual Retirement Accounts (IRA): Telco Plus Credit Union offers investment opportunities other than just savings, we have Share Certificates (CD), IRAs, and Financial Advisor Services. Please see our great rates below and check back often, we have different specials that we run sometimes. The rates below are for share certificates and IRAs.

Share Certificates: Effective April 9, 2021. 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 0.10% 0.10%
12 months $500 0.30% 0.30%
18 months $500 0.35% 0.35%
24 months $500 0.40% 0.40%
30 months $500 0.25% 0.25%
36 months $500 0.50% 0.50%
48 months $500 0.60% 0.60%
60 months $1,000 0.65% 0.65%

90-day penalty for 6 to 30-month Share Certificates. 180-day penalty for 36 to 60-month Share Certificates.
*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.
**Renews into a 12 month term. Available for a limited time.
All dividend, interest and rates are subject to change. Membership in Telco Plus Credit Union is required for all credit union services.