TVFCU offers members two types of deposit accounts - share accounts and Share Certificates. Both types of accounts are opened under your member number.
The available share accounts are:
Share Deposit Account: |
Minimum Balance: |
Purpose: |
Primary Share Account |
$5.00+ |
Used as a savings account; establishes you as a TVFCU member |
Secondary Savings 3 |
No minimum balance required |
Used as an additional savings account |
Secondary Savings 5 |
No minimum balance required |
Used as an additional savings account |
Our Board of Directors set the dividend rates quarterly. Dividends are paid to all savings accounts on the last business day of March, June, September and December.
Share Certificates:
A Share Certificate is a bond-type investment issued by TVFCU when you deposit a certain amount of money for a determined amount of time. Share Certificates are available for terms of nine months, twelve months, and two years or three years. The minimum balance for all the Share Certificates we offer is $500.00.
Dividends are paid on the last business day of the month, as per the terms of the individual certificate.
Why a Share Certificate is a good investment
- Competitive rates
- Not volatile like stocks or stock based funds
- NCUSIF insured (National Credit Union Share Insurance Fund – NCUSIF is comparable to FDIC)
- Various maturity terms
Dividend Rates
