Join Tri Boro Federal Credit Union today and establish the best savings account for your personal savings needs. Whether it’s a small amount or lump sum, we can help you to start saving today!
Main Share
Every credit union member must own a share account to be eligible for membership. Each share requires $50.00 at all times. This is not a fee! It maintains your membership with all the benefits.
- Free overdraft protection for up to 6 transactions
- Dividends are paid quarterly
- Liquid account
Money Fund
A money fund is a liquid longer-term savings account that requires a minimum balance to earn higher dividends.
- Minimum Balance $1,000.00
- Money markets earn a higher dividend rate for amounts over $1,000
- Dividends are calculated daily and paid monthly
Direct Purpose Account
Need a separate account to save money? A direct purpose account is used for a particular savings purpose such as a vacation fund, save for your taxes, or any other purpose that you need.
- $5.00 minimum balance
- No monthly service fees
Christmas Club
Is money always tight around the holiday season? Make your next Christmas special by buying your loved one’s gifts, worry free. Open your Christmas Club today!
- Earns dividends
- Open any time during the year
- $5 minimum balance
- No penalty for withdrawals
- No monthly service fees or due dates
Rates
Savings Rates | ||
Effective Date: 12/01/2023 | ||
Account Type | APR* | APY** |
Share Savings $100.00 Minimum |
0.01% | 0.01% |
Money Fund $1,000.00 Minimum |
1.74% | 1.75% |
Christmas Club $5.00 Minimum |
0.01% | 0.01% |
Direct Purpose $5.00 |
0.01% | 0.01% |
*Annual Percentage Rate **Annual Percentage Yield ***Share Draft will earn dividends with a balance over $3000.00. (0.001%) |
Money Fund Accounts | ||
Effective Date: 12/01/2023 | ||
Amount | APR* | APY** |
Premium Money Fund | ||
$10,000.00-$24,999.99 | 1.93% | 1.95% |
$25,000.00-$49,999.99 | 2.03% | 2.05% |
$50,000.00-$99,999.99 | 2.13% | 2.15% |
$100,000.00 and above | 2.23% | 2.25% |
Premium Business Money Fund | ||
$5,000.00-$24.999.99 | 1.93% | 1.95% |
$25,000.00-$49,999.99 | 2.03% | 2.05% |
$50,000.00-$99,999.99 | 2.13% | 2.15% |
$100,000.00 and above | 2.23% | 2.25% |
*Annual Percentage Rate **Annual Percentage Yield |