Savings Accounts

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Good savings habits are the cornerstone of financial responsibility.  We make sure you receive the best possible return on your money without giving up safety and security.

All of our savings accounts are federally insured up to $250,000 by the National Credit Union Administration. You have 24/7 access to your account through free Online Banking, at thousands of surcharge-free ATMs, and with Call 24 Telephone Banking

Regular Savings

Personal Savings
The Membership Share Account you open when you join TLC is a savings account that earns more than comparable accounts at most banks. You may open additional savings accounts to use for various goals, vacations, and other special purposes. You can even name them to help manage your money.

Youth Savings

Youth Savings
For members age 18 and younger, we offer two Youth Accounts. These accounts earn a higher dividend rate than Personal Savings on balances up to $10,000 to encourage our young members to make savings a regular habit. Balances above $10,000 earn the Personal Savings rate. Only one Youth Savings account is allowed per primary member. Primary member must be 18 or younger. It will automatically convert to Personal Savings the month after the member turns 19.

Money Market Savings

Money Market Savings
Want to earn a better dividend rate than Personal Savings without locking up your funds in a certificate? Money Market Savings gets the job done. Some types of fund transfers have a monthly limit, and other restrictions apply. (See current rates for more information.)

Holiday Club

Holiday Club
Our Holiday Club makes it easy to save for the end-of-year holiday season. It's a savings account with an annual payout. Funds deposited to this account, plus the dividends earned, may be automatically transferred to your savings or checking account on November 1 of each year. You may use Payroll Deduction to automatically set a little aside each payday.

Individual Retirement Accounts

Individual Retirement Accounts (IRAs)
In addition to our Traditional and Roth IRA Savings Accounts, most of our certificates may be used for IRA purposes.

All TLC IRAs feature:

  • Competitive dividends credited to your account monthly.
  • No annual fees.
  • The added security of federal insurance up to $250,000, in addition to federal insurance of at least $250,000 on your other deposits at TLC.
  • Potential tax benefits. Traditional IRAs can provide a current tax deduction and defer taxes on earnings. Roth IRAs can earn dividends tax-free and offer other advantages. Check with your tax advisor to see which type of IRA account is best for you and if you qualify for tax benefits.
Certificates and IRA Certificates

Certificates & IRA Certificates
Earn high, guaranteed dividend rates with a certificate or IRA Certificate. We offer flexible certificate options that allow you to lock in competitive rates for terms of 6 to 60 months. You pick the term and maturity date that best meets your needs! Restrictions apply. See current rates for more information.

Money Bulider Certificate

Money Builder Certificate
This is a special 18-month certificate that you can open with as little as $100, then you can make unlimited additional deposits of $25 or more during the term. This is a great way to build savings over time while earning a competitive rate. Consider opening a Money Builder Certificate for your children or grandchildren!

Bump Up Certificate

Bump Up Certificate
We all know rates are bound to go up eventually. When that day comes, be ready with a 30-month Bump Up Certificate with a $500 minimum balance. If, during the term of your certificate the 24-35 month certificate rate increases, you are allowed to "bump up" your rate to the new rate once during the term of your certificate.