All members are required to maintain a minimum deposit of $5.00 in their share account. Share accounts earn dividends at a rate established by the TVFCU Board of Directors. The rate is based on the earnings of the Credit Union for that period. Statements reflecting transactions and resulting balances in your account will be mailed to you quarterly. You are required to have a primary share account, but may have additional share accounts under the same membership number. If you wish, you may designate a joint owner of this account.

IT’S ALL ABOUT THE SAVINGS

Primary Share Account

You are required to have a savings account at TVFCU to be able to take advantage of the many other services available such as a checking account, loans, debit card, and many others.

• To keep your savings account open you, must maintain a $5.00 balance
• Should you have a loan under your savings account, the loan payments can automatically be withdrawn when payment is due
• Can be used as an overdraft to your checking account for a $5.00 per item fee
• Earns dividends
• If you decide to close the account, it must have been open for at least 6 months to receive your $5.00

Special Savings
Secondary Savings 3 & Secondary Savings 5

• Can be added to your primary account to keep money separate
• Both the S3 and S5 earn dividends
• Can name the suffixes with your own personal description (i.e. graduation, honeymoon, Matthew’s college fund)
• No minimum balance is required