We're here to give you a number of saving options.
TYPES OF SAVINGS ACCOUNTS
Share (Savings) Account - Share accounts pay high quarterly dividends determined annually by our Board of Directors and based on an average daily account balance. Most importantly, share accounts establish membership with the credit union and can be opened for as little as $25.00.
With a credit union Share Certificate you can watch your money grow and make it work for you. Open a Share Certificate for as little as $500 with terms ranging from 6 to 48 months. Your Share Certificate account will earn high dividends and it is federally insured to $250,000 by the NCUA.
By opening an IRA account you can save money for retirement and you may qualify for a tax deduction now. Plus, your IRA account compounds dividends monthly, so your nest egg will grow even bigger. Tuscaloosa Credit Union offers several types of IRAs, including Roth, Traditional and Education.
Make Christmas shopping MERRY when you invest in a TCU Christmas Club Account. By saving all year long, you will be better prepared for holiday expenses. You will receive a check in early November for the balance in your Christmas Club Account. Deposits can be made through cash, payroll deduction or automatic transfer. There is no minimum balance requirement and accounts earn interest.(limit 1 withdrawal prior to November)
These accounts earn a high rate of return and have flexible rates. $2,000 minimum to open, $10,000 to earn maximum interest.