Because you become a member/owner of TTCU, your savings deposits are called "shares." Shares are capital investments in TTCU. Dividends are earned on the average daily balance in the account from the date of deposit until the date of withdrawal and are paid and compounded quarterly.

A share account is just like a savings account. Deposits and withdrawals can be made in our offices, by phone, by mail, in the night depository, via payroll deduction, MPX, direct deposit for eligible members, through TransFund network full-service ATMs located in Oklahoma (only inquiries and withdrawals are available throughout state machines) and at credit union shared service centers across the country.

Please take the time to review Regulation D which federally regulates withdrawals and transfers from Savings and Money Market accounts.

Share Certificates

Shared Certificates differ from regular Share Accounts. There are minimum balance and time deposit requirements, and a higher interest rate is earned.

Share Certificates are particularly attractive to members who want to lock in their funds for a given term and a higher rate of return.

Share Certificate Accounts are subject to penalties for early withdrawal. The minimum amount required for deposit is $1,000. Jumbo rates are available starting at $50,000.

Money Market Accounts

TTCU’s insured Money Market Account gives members easy access to a higher dividend paying account. Dividends on this account are calculated using the average daily balance method and are compounded and credited monthly.

To open and maintain your TTCU Money Market account, a $2,500 minimum deposit is required. Rates are subject to change based on the balance of your account. Subsequent deposits must be $100 or more. The minimum withdrawal is $250 and are limited to six per month .

Individual Retirement Accounts

An IRA is a special tax sheltered account that allows you to save on taxes while you save for retirement or other needs. Please consult your tax advisor.

TTCU is continually keeping up to date with the most recent laws regarding IRA deposits and withdrawals. We also handle the rollover or transfer of an IRA to TTCU to ensure that the proper requirements are met. We do all of the necessary reporting and paperwork required by the IRS.

There is no minimum initial deposit requirement, no setup fee and no maintenance fees on our regular IRAs. Dividends on IRA deposits are earned on the average daily balance of the funds from the date of deposit until the date of withdrawal and are paid and compounded quarterly.

Types of IRAs

· Regular IRA

· Educational IRA

· Roth IRA

· Regular IRA Certificates

· Roth IRA Certificates