Term Savings Accounts

What is a TSA (Term Savings Account)?

  • Similar to bank Certificates of Deposit.
  • Terms range from 6 months to 60 months.
  • Requires a minimum of $500 to open.
  • Funds earn interest from the date of deposit to the date of withdrawal.
  • Interest is paid and compounded monthly.
  • Paid interest may be withdrawn at any time without penalty.
  • If you withdraw the principal funds prior to the maturity date, a penalty of 90 days interest will be deducted from the balance of the account.
  • Please see our rate sheet for a list of terms and rates.
  • Higher rates are available for TSAs with minimum deposits of $10,000, $50,000, $100,000 and $250,000.
 
 
NCUAFederally
Insured
by NCUA
Equal Housing Lender We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. Mortgage loan services provided by MemberFirst Mortgage LLC (NMLS #149532) and UMCU (NMLS #712343)