Savings (Share) Accounts
Our regular savings account is the most popular way our members save for the future. This account also provides the foundation for your membership. With a minimum opening deposit of $5, your regular savings account establishes your membership at TSJFCU and enables you to take advantage of the many other products and services offered.
Deposits can be made in person, by mail, through payroll deduction or direct deposit, as well as by account transfers. Dividend rates are declared and calculated on a quarterly basis.
Secondary Savings Accounts
Secondary savings accounts offer an excellent method for members to save for a special events including vacations and planned purchases. Secondary savings accounts offer a great way to help you achieve your financial goals.
Money Market Share Accounts offer a dividend rate that increases depending upon how much is deposited. The minimum amount to open an account is $500. Accounts with balances below $500 will not earn a dividend.
The money market share account's dividends are compounded monthly and paid monthly. There is no early withdrawal penalty associated with this account.
Christmas Club Account
Save for the holidays all year long with a Christmas Club account from Tiffin St. Joseph Federal Credit Union. This special savings account earns an attractive dividend rates and helps you prepare for holiday purchases. Once the account is open, you can begin making deposits weekly, monthly, or whatever works for you. When the Holiday season arrives, members have a choice of having their Christmas Club account balance automatically transferred into another account or receiving a check.
Members can choose from three types of IRA's. The Traditional, Coverdell Education Savings Accounts and Roth IRAs are all available in either a share savings or term share certificate account.
This means if you would like to contribute weekly by payroll deduction to your IRA, you can do so by opening an IRA share savings account. Deposits to the IRA share savings account can be as little as $25 at any time. The minimum for the term share certificate IRA is $500 for a miminum term of 12 months.
Remember to check with your tax advisor for tax deductibility and eligibility requirements. All IRAs are subject to early withdrawal penalties.
Term Share Certificates (CDs)
Term Share Certificates (CDs) earn higher dividend rates than regular savings accounts, offering a great way to watch your savings grow. With a low minimum deposit, you can choose terms from six months to sixty months at competitive tiered interest rates. Dividends are paid according to the terms of the certificate. Penalties are charged for early withdrawals