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Personal Savings

Explore our everyday savings accounts that offer total flexibility and convenience. You can even open more than one to keep your savings buckets separate.

Save as little or as much as you like through automatic direct deposits or regular transfers

Let Telcoe Federal Credit Union help you meet your financial wellness goals..

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Benefits of Telcoe Federal Credit Union Savings Products

We offer many attractive credit union savings account options that empower you to bank on your own terms. Whether you seek liquidity, returns, or longevity, we have an account to match your priorities. Browse the extensive benefits below to discover savings solutions for your life goals.



PRIME SAVINGS ACCOUNT

Establish your membership with Telcoe while earning quarterly dividends and an attractive annual percentage yield (APY). Build your nest egg and track your growing funds with our free e-services.

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A father taking his son to the park after setting up a credit union savings account.

ESTABLISH YOUR MEMBERSHIP

Enjoy the following features of the Prime Savings Account:

  • A basic savings account that’s ideal for a wide range of people
  • Establishes membership with Telcoe Federal Credit Union
  • Dividends paid out quarterly
  • No monthly service fee
  • $5 minimum balance required to keep account open and maintain membership
  • 2 free monthly withdrawals; $5 per withdrawal after that
  • $10 minimum deposit to open
  • $5 one-time activation fee

QUARTER PLUS MONEY MARKET ACCOUNT

Maximize returns while minimizing effort. Tiered rates provide higher balances with higher rates. Enjoy fluid access to your funds.

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A happy couple embraces while reflecting on the joy of sharing a savings account.

MAXIMIZE YOUR SAVINGS

The Quarter Plus Money Market account offers the following features:

  • Maximize your earning potential with a tiered-rate structure
  • Earn a higher rate with a larger balance
  • Dividends paid monthly
  • 3 free monthly withdrawals and 3 free monthly transfers; $10 per withdrawal or transfer after that
  • $2500 minimum balance
  • If the account dips below $2500, we change it to a regular Share account
  • No activation fee
  • No monthly fee
  • $2,500 minimum deposit to open


YOUTH SAVINGS ACCOUNT

Cultivate smart financial habits in your child with a custom-designed youth account. Guide them as they track balances, make deposits, and gain real-world experience.

 

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A little boy playing with his dog after his parents opened a Youth Savings Account for him.

LEARN HOW TO SAVE

The little ones are our future. Opening a youth savings account lets you teach children up to 18 years old about financial responsibility. Guide them in saving for goals and preparing for unexpected expenses. 

  • Special savings for young savers under 18 years of age
  • Teaches kids the importance of saving money starting early in life
  • Each April, we offer special rates on YOUTH Certificates of Deposit
  • Competitive dividends on entire balance (paid quarterly)
  • 2 free withdrawals per month
  • Additional withdrawals are $5 per instance afterward
  • $5 minimum balance
  • $10 minimum deposit to open
  • $5 one-time activation fee (ask how this can be fee waived)
  • Financial Literacy for Kids-blog article

CHRISTMAS CLUB SAVINGS ACCOUNTS

Spread holiday cheer without financial fear! Set aside some money every month for a joyful and stress-free holiday season.

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A family opening gifts they bought with money they set aside in their Christmas Club Savings Account.

CHRISTMAS CLUB DETAILS

  • Smart saving for holiday bills, gifts, décor, and more
  • Standard enrollment from Nov. 1 through Jan. 31
  • We make some exceptions for new membership
  • Withdrawals available between Oct. 1 and Oct. 30
  • Unused funds will transfer to regular share account on the last business day of October. 


 

A couple taking a romantic holiday in Bali that they paid for with their vacation club account.

VACATION CLUB

Steadily set aside cash for the trip of a lifetime. Automatically save for a tropical getaway, European adventure, or wherever your heart takes you.

  • Save year-round for events, big trips, birthdays, and more
  • Enroll anytime
  • Make withdrawals twice a year
  • No fee for a third withdrawal, but we might close the account

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A young couple getting married thanks to their wedding club savings account at Telcoe Credit Union.

CREATE YOUR CLUB

Dream big and then make it real! Set up a custom savings club for nearly any goal—a wedding, new home, travel plans, debt payoff, or college tuition. 

Automatically deposit funds and let your vision unfold. We help you systematically save for major financial milestones!

  • Enroll anytime
  • Make withdrawals twice a year
  • No fee for a third withdrawal, but the account might be closed
  • Savings chart example

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