Personal Savings
Everyday savings accounts with total flexibility and convenience. You can open multiple savings accounts and keep your savings buckets separate. Send as little or as much as you like each payday to pay yourself first. Telcoe helps you meet your financial wellness goals.
Choose a Savings Account
PRIME SAVINGS ACCOUNT
Establish your membership in Telcoe while earning quarterly dividends. Build your nest egg and track your growing funds with our free e-services.
OPEN ACCOUNT View Rates
ESTABLISH YOUR MEMBERSHIP
- A basic savings account 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 thereafter
- $10 minimum deposit to open
- $5 one-time activation fee
ADDITIONAL PERKS
CLUB SAVINGS ACCOUNTS
Prepare yourself year-round with our Emergency, Christmas, and Vacation Club accounts. Save up for whatever it is you want while earning quarterly dividends.
OPEN ACCOUNT View Rates
CLUB ACCOUNTS
CHRISTMAS CLUB
- Smart saving for holiday bills, gifts, décor, and more
- Standard enrollment from Nov. 1 through Jan. 31
- Some exceptions are made 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.
VACATION CLUB
- Save year-round for events, big trips, birthdays and more
- Enroll anytime
- Make withdrawals twice a year
- No fee for third withdrawal, but account might be closed
CREATE YOUR CLUB (Emergency Savings, Wedding Savings, College Savings, etc.)
- Enroll anytime
- Make withdrawals twice a year
- No fee for third withdrawal, but account might be closed
- Savings chart example
ALL ACCOUNTS INCLUDE
- Competitive dividends on entire balance paid quarterly
- No monthly fee
- No minimum balance
- No minimum deposit to open
- Automatic payroll deduction available
- Change amount anytime
Get Started
If you are interested in our Create Your Club account, please call or
email a member service representative to open.
QUARTER PLUS MONEY MARKET ACCOUNT
Maximize returns while minimizing effort. Tiered rates provide higher balances with higher rates. At the same time, maintain access to your funds.
REQUEST INFO View Rates
MAXIMIZE YOUR SAVINGS
- 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 thereafter
- $2500 minimum balance
- If the account dips below $2500, it's changed to a regular Share account
- No activation fee
- No monthly fee
- $2,500 minimum deposit to open
ADDITIONAL PERKS
YOUTH SAVINGS ACCOUNT
Make the grade and teach your child the value of saving money early. Every April we celebrate youth month.
LEARN HOW TO SAVE
- Special savings for young savers up to age 18
- Teaches kids the importance of saving money from an early age
- 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
ADDITIONAL PERKS