Rates

Membership in Total Choice Federal Credit Union (TCFCU) is a requirement to be eligible for all products, services and special offers. One time membership fee of $5.00 to open a TCFCU Savings/Share Accounts. Credit Application fee of $10.00 applies to Vehicle’s, Visa’s and Closed End Loans.

Rates Effective Date: September 22,  2018 – All rates subject to change without notice. Contact the Credit Union for the most current rate and account information.

Savings

Savings
 Type Balance Dividend Rate APY*
 Savings  $0.01 – $9,999,999.99 0.20% 0.20%
*APY = Annual Percentage Yield
Dormant Account Fees could reduce the earnings on the account. (Dormant Account Fees are accessed after one year of non activity.)

Membership in Total Choice Federal Credit Union (TCFCU) is a requirement to be eligible for all products, services and special offers.
One time membership fee of $5.00 to open a TCFCU Savings/Share Accounts.

 

Share IRA

Share IRA
Balance Dividend Rate APY*
$0.01 and up 0.40% 0.40%
*APY = Annual Percentage Yield
Minimum opening balance required is $250.

Early Withdrawal Penalties could reduce the earnings on account.

 

Checking

Checking
Balance Dividend Rate APY*
 $0.01 and up 0.10% 0.10%
*APY = Annual Percentage Yield
Monthly Checking Account Fees and Overdraft Charges could reduce the earnings on this account. 

Minimum opening balance required is $50.

 

Money Market

Money Market
Balance Dividend Rate APY*
 $0.01 – $9,999.99 0.10% 0.10%
$10,000 and up 0.25% 0.25%
*APY = Annual Percentage Yield
Minimum opening balance required is $10,000.

Dividends are only paid on the 1st of each month and are based on the average daily balance.
There are no penalties for early withdrawal.
Monthly Checking Account Fees and Overdraft Charges could reduce the earnings on this account.

 

Share and IRA Certificates, effective 12/01/2018

Share and IRA Certificates
Term Dividend Rate APY*
 6 Months 1.20% 1.21%
12 Months 1.75% 1.76%
24 Months 2.40% 2.43%
36 Months 2.60% 2.63%
*APY = Annual Percentage Yield
Minimum $250 on IRA certificates. Minimum $1000 Share Certificates) Note: Early withdrawal penalties do apply to Certificates.

Vehicles

Vehicles
Type Term APR* as low as
New Autos/Trucks 24 Months 2.49%
36 Months 2.49%
48-60 Months 2.49%
61-72 Months 2.74%
73-84 Months** 2.99%
Used Autos/Trucks 24 Months 3.24%
36 Months 3.24%
48-60 Months 3.49%
61-72 Months 3.74%
*APR=Annual Percentage Rate. Rate based on individual credit worthiness.
Recreational Vehicle rates as low as 5.15% APR. Call a loan officer for current Recreational Vehicle rates.
**up to 84 months Based on Credit Rating
Payment Example: $1,000.00 financed @2.49% APR for 12 months equals $84.50 per month.

 

Signature

Signature
Type Term APR* as low as
Closed End Signature Up to 60 Months 8.75%
*APR=Annual Percentage Rate.  Rate based on individual credit worthiness
Payment Example: ex:  $1,000.00 financed @ 8.00% APR for 12 months equals $87.38 per month.

 

Credit Card

Credit Card
Type Term APR* as low as
Visa Gold Revolving 6.90%
Visa Classic Revolving 13.90%
College Student Visa Revolving 9.50%
Secured Visa Revolving 7.90%

*APR=Annual Percentage Rate. Rate based on individual credit worthiness.

Repayment terms and fees (PDF – new window/tab)

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This information is accurate as of 10/1/18.

 

Mortgage

Mortgage
Type Term APR*
Mini Mortgage Call for Terms Call for Current Rates
1st Mortgage Call for Terms Call for Current Rates
2nd Mortgage Call for Terms Call for Current Rates
*APR = Annual Percentage Rate.

 

 

Secured

Secured
Type Term APR*
Share Secured Loan Up to 60 Months 2.00% above dividend rate
Certificate Secured Loan Up to 60 Months 1.00% above dividend rate
*APR = Annual Percentage Rate.  Based on current dividend rates.
Payment Example: ex: $1,000.00 financed @ 8.00% APR for 12 months equals $87.04 per month.