Program areas at TCCU
Share Accounts: Tccu's share accounts offer advantages to members of all ages. The Credit Union had over 25,000 member-owners on December 31, 2023. Members' savings accounts pay dividends quarterly and offer access through two local offices, home banking via the Internet or telephone, and ATMs worldwide. Special savings accounts designed for children encourage the development of consistent savings habits.
Consumer Loans: TCCU has provided vehicle loans since its inception. The consumer loan product line now includes efficient underwriting and flexible offering for recreational behicles, boats, and motorcycles as well as mortgages, signature loans, individual lines of credit, and loans secured by savings accounts. Consumer life and disability insurance is available on any of these loan types and assures that participating member-owners' loan payments are made without interruption in the even of their loss of income through death or disability.
Checking Accounts: TCCU provides checking accounts for consumers with various features, from free accounts to those with special benefits. Most offer dividends that are paid monthly. Additionally, the credit union extends the reach of these accounts to all members with free debit cards, internet account access and free use of the Internet bill payer platform. Over 40% of the credit union's member-owners have a checking account.
TCCU provided home equity loans with single distribution, fixed rate and payment. TCCU also provides first mortgage loans to enable member-owners to purchase the American Dream- their own home.