Trouvaille Federal Credit Union offers a variety of savings/investment services to help our member meet their financial goals. The following types of accounts are available at the credit union:
Share Accounts:
Your savings at the Credit Union are called shares because they represent your share in the Credit Union. Savings are important and an essential part of our Credit Union and all members are encouraged to save. Payroll deduction / direct deposit are painless ways to save.
Regular Share Accounts
This account is the primary account for all members. It must have a minimum balance of $5.00 to remain an active account. Dividends are paid on balances of $50.00 and more quarterly and are based on the average daily balance in your account.
Share Certificates
There are three type of certificates offered. 6 Months, 12 Months and 24 Months with a minimum of $500.00 to open.
Christmas club Accounts
This account is a pledge account whereby the member designates a certain amount per pay to be deposited for holiday shopping needs. The funds from this club account will be mailed out on November 1st of each year. Dividends are paid yearly on the 31st of October at a rate declared by the Board of Directors of Trouvaille FCU.
Vacation Club Accounts
This account is a pledge account whereby the member designates a certain amount per pay to be deposited for vacation needs. The funds on this club are issued to the member when requested. Dividends are paid yearly on May 31st at a rate declared by the Board of Directors of Trouvaille FCU.
Share Draft Accounts (Checking)
Our share draft account offers you a convenient way to manage all your financial needs. There is NO minimum balance, NO monthly service fee, FREE overdraft protection from shares, first 50 checks FREE. Statements are sent out monthly. Star ATM card is available on this and your share account when direct deposit of your entire check is received.
Current Savings Rates:
Effective September 30, 2006
| Share Accounts |
1.25% |
| Christmas club Accounts |
2.00% |
| Vacation Club Accounts |
2.00% |
| IRA Share Accounts |
2.50% |
Certificates of Deposits
6 Months
12 Months
24 Months |
1.75%
2.00%
2.25% |
