Rate information — These certificate rates are prospective rates and anticipated Annual Percentage Yields (APY) for the current dividend period and may change at any time as determined by the TFCU Board of Directors. To confirm the rates above, call (763) 591-4949 or (800) 343-8328. The dividend rates on certificates will be in effect until the maturity date.

Minimum balance — Minimum balance to open a certificate is $500. If you are under age 18, the minimum balance to open is $250.

Balance computation method — Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in your account each day.

Compounding and crediting frequency — Dividends will be compounded and credited at the end of the calendar quarter and on the maturity date of your certificate.
On certificate terms of 12 months or longer, dividends can be paid out to you monthly
or quarterly.

Withdrawal of dividends prior to maturity — The APY assumes that dividends will remain in your account until maturity. A withdrawal will reduce earnings.

Renewal policy —Automatically renewable certificate accounts will have up to a 10 business day grace period after the maturity date to withdraw or close the account.  Accrued dividends will be paid during the 10-day grace period.  For certificate accounts that do not automatically renew at maturity, dividends will no longer be paid.

Renewal policy — Automatically renewable certificate accounts will have up to a 10 business day grace period after the maturity date to withdraw or close the account.  Accrued dividends will be paid during the 10-day grace period.  For certificate accounts that do not automatically renew at maturity, dividends will no longer be paid.

Early withdrawal penalties — Penalties may be imposed if you withdraw any of the principal in your account before the maturity date.  The penalty will equal 90 days dividends on your account if the original term is one year or less.  The penalty will equal 180 days dividends on your account if the original term is greater than one year.  If a certificate is withdrawn within 6 calendar days after the account is opened, a penalty of at least 7 days’ dividends will be assessed.  If the account is part of an IRA, see your plan disclosure for details.

Dividend accrual — Dividends will begin to accrue on the day you deposit cash or non-cash items (e.g. checks) to your account.

Your savings are insured up to $500,000.  The first $250,000 per member is insured
by the National Credit Union Administration (NCUA), a U.S. Government Agency,
with an additional $250,000 of coverage provided by Excess Share Insurance Corporation (ESI), a private corporation.  See us for details.  Excess Insurance Corporation (800) 521-6342, www.excessshare.com