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Dividends

Share Rates

Effective Fourth Quarter, 2010

Account Name Min. Balance Rate APY
Regular Savings
$0
0.00%
0.00%
Regular Savings
$100
.05%
.05%
Regular Savings
$10,000
.05%
.05%
Money Market
$0
0.00%
0.00%
Money Market
Effective (09/01/2011)
$2,000
.10%
.10%
Roth/Traditional IRA/SEP
$0
0.00%
0.00%
Roth/Traditional IRA/SEP
$250
.50%
.50%
Roth/Traditional IRA/SEP
$2,000
.50%
.50%
Coverdell Education Savings Account
(Formerly Education IRA)
$0
0.00%
0.00%
Coverdell Education Savings Account
(Formerly Education IRA)
$100
.50%
.50%
Coverdell Education Savings Account
(Formerly Education IRA)
$2,000
.50%
.50%

Rate is Dividend Rate. APY is Annual Percentage Yield. This rate schedule states rates applicable to specified accounts. Interest on your IRA accounts and dividends on your Share accounts are compounded and paid quarterly. Checking (Money Market) account interest is compounded and paid monthly. This schedule is incorporated as a part of your account agreement with your Credit Union. *Minimum balance requirements apply to average daily balance (amount of principal in account each day). **All savings rates are variable, this means the dividend rate and annual percentage yield may change at any time as determined by the Board of Directors.



Savings and IRA Certificates: Current Rates

 

Effective 8/11/2011

Term Minimum Balance Rate APY
6 Months
$5,000
.15%
.15%
12 Months
$5,000
.40%
.40%
24 Months
$5,000
.65%
.65%

   

 

 

 


IRA Certificates minimum deposit is $2,000


Rate is Dividend Rate. APY is Annual Percentage Yield. The rates quoted above are accurate and effective for the above accounts as of the effective date indicated. Certificate rates remain fixed for the term of the certificate. Unless otherwise paid, dividends will be credited to your account at term of Certificate. Fees or other conditions could reduce the earnings on the account. A penalty may be imposed for withdrawals before maturity. Upon maturity of the certificate, earned dividends and certificate principal will be deposited into the regular share account of the member. At the option of the member, the certificate may be renewed at the rates in effect at that time. If you have any questions or need current rate information on your accounts, please call TCC Credit Union at 214-348-8670 or 1-800-256-0779.

Rates subject to change.