Business Accounts - Rates
|
Business Savings Rates
Effective May 1, 2008
|
| Account Type |
Min. Deposit to Open |
Daily Minimum Balance to Obtain APY |
Annual Percentage Yield (APY) |
Dividend Rate Paid on Entire Balance |
Share1
|
$10
|
$0 - $499.99
| None
|
0% |
Sub-share
|
$0
|
$0 - $499.99
|
None
|
0% |
| $500+ |
.75% |
.75% |
MoneyFund
Account
|
$2,500
|
$0 - $2,499.99
|
0%
|
0%
|
| $2,500-9,999.99 |
1.00% |
1.00% |
| $10,000-24,999.99 |
1.51% |
1.50% |
| $25,000-49,999.99 |
2.02%
|
2.00%
|
| $50,000+ |
2.27%
|
2.25%
|
Wealth Builder Account
|
$100,000 |
$0-99,999.99 |
.75% |
.75% |
| $100,000-249,000 |
2.48%
|
2.45%
|
$250,000-499,999.99 |
2.68%
|
2.65%
|
| $500,000-999,999.99 |
2.84%
|
2.80%
|
| $1,000,000+ |
3.04%
|
3.00%
|
1 The minimum deposit to open this account and maintain membership
is the purchase of a $10 share in TFCU. |
|
Certificates (Non-IRA)
Effective May 1, 2008
|
|
Certificate Term |
Annual Percentage Yield |
 |
| 3 month |
2.02
%APY |
| 6 month |
2.42
%APY |
| 12 month |
2.52
%APY |
| 24 month |
2.68
%APY |
| 36 month |
2.78
%APY |
| 48 month |
2.88
%APY |
| 60 month |
2.98
%APY |
|
|
* Rates and terms subject to change without notice. APY = Annual Percentage Yield. Business accounts are NOT eligible for the Member Rewards Certificate Rate Bonus. Minimum deposit to open is $500. Early withdrawal penalties may apply.
|
|
| TFCU Loan Rates |
For current Business Loan rates and terms,
please contact the Business Services Department at
(763) 544-1517 or (800) 862-1998. |
|
| Business Account Fees |
For questions on current Business Account fees,
please contact the Business Services Department at
(763) 544-1517 or (800) 862-1998. |
|
