Below is a list of the saving options that we currently offer. Click on a share option to see more information or scroll down to browse them all.
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Regular Share/Savings Account
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This account requires a minimum balance of $25.00 and is the basic savings account required for all members. This is your share in the credit union and makes you a member owner. This membership entitles you to additional products and services. It also gives you the right to vote at our annual meeting where the board of directors for the credit union is elected, in turn giving you a say in how your credit union is operated.
- You can have additional share accounts that do not require a balance.
- Check out our Regular Share Rates.
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PeeWee Share Account
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This share/savings account is available to children age 12 and under. This account requires a $5.00 minimum balance but will not earn dividends until the balance reaches $25.00. PeeWee certificate of deposits are offered with a $100 minimum. Prizes are awarded when the child makes a deposit and special promotions are offered from time to time. In addition, the child will receive his/her own quarterly newsletter.
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Mad Money Maker Account
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This share/savings account is offered for 13-18 year olds. The minimum balance required is $25.00. This account offers benefits when a certificate of deposit is purchased and special promotions are offered periodically. The account qualifies also for a sharedraft/checking account with an adult member on the account.
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Telco Insured Investment Account (TIIA)
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Otherwise known as our TIIA. This account is designed to provide a higher rate of return on your deposit because of the following restrictions:
- Minimum balance of $2,500.00
- Minimum deposit amount of $100.00
- Minimum withdrawal amount of $250.00
- Check out our TIIA Share rates.
If your account goes below the minimum balance required the funds will be transferred to your regular shares. | Back to Top
Christmas Club Account
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This account is designed for you to save all year long for your holiday spending. There is no minimum balance required and deposits can be made at any time. Withdrawals are only permitted in October, November and December.
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Vacation Club Account
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This account is designed for you to save for that special vacation. There is no minimum balance required and deposits can be made at any time. You may choose which month of the year you would like to withdraw the funds.
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IRA Share Account
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Individual Retirement Accounts are designed to help you save for your retirement or your childs education. Telco offers you several options depending on your needs.
We also offer IRA certificates to allow for a better rate of return on your investment.
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