Teachers FCU Savings Rates and MMA Rates

Teachers Federal Credit Union (TFCU) is advertising four different types of savings accounts and a money market account. The savings account include a Share Savings Account, an IRA Savings Account, a Vacation Savings Account and a Holiday Savings Account.

The minimum opening balance for a Share Savings Account is $1.00. There is no minimum opening balances for the rest of the savings accounts. There is a minimum savings account balance of $50 to earn the current savings rate and annual percentage yield (APY).

Savings Account Rates

  • Share Savings Account - 0.60% Rate 0.60% APY

  • IRA Savings Account - 0.60% Rate 0.60% APY

  • Vacation Savings Account - 0.60% Rate 0.60% APY

  • Holiday Savings Account - 0.60% Rate 0.60% APY

Money Market Rates

  • Balances of $2,500 - $24,999 1.00% Rate 1.00% APY

  • Balances of $25,000 - $49,999 1.25% Rate 1.26% APY

  • Balances of $50,000 - $99,999 1.35% Rate 1.36%  APY

  • Balances of $100,000 - $249,999 1.40% Rate 1.41% APY

  • Balances of $250,000 - $499,999 1.55% Rate 1.56%  APY

  • Balances of $500,000 +  1.65% Rate 1.66% APY

 
Author: Brian McKay
April 17th, 2010