What is a Prime Savings Account?
A Prime Savings account establishes your membership at Travis Credit Union. A one-time, $5 membership fee and the $5 minimum share deposit gives you voting rights and ownership in the credit union (total minimum of $10 to open account). This interest-bearing account is required for membership at TCU.
What is a Target Savings Account?
TCU’s Target Saving is an interest-bearing deposit account which allows you to save for a specific goal separate from your regular savings account. Members may use the Target Savings account as a vehicle to store money separately from your everyday funds while still earning dividends on balances over $100. Target Savings accounts are a great option to help you reach your savings goals such as saving for the down payment on a car, a vacation, holiday shopping, school expenses or any other goal you have.
Prime and Target Savings Accounts
Minimum opening deposit: $5 ($10 for Prime Savings)
Monthly Service Charge: None
Earns Dividends: Yes¹
Additional benefits: Money can be deposited directly into their accounts with Direct Deposit or payroll deduction.
Important notes: Dividends are compounded and paid monthly. Dividends are earned from the date of deposit to the date of withdrawal. Refer to the Savings Initial Account Disclosure for current rates.
Quarterly Low Balance Fee:
Assessed if age 21 or older when the combined average quarterly balances in savings, money market, checking and certificates within the membership are less than $100 and you have no outstanding TCU loan balances. The fee will be waived regardless of balance if you have direct deposit of $500 or more each month or there are three or more monetary transactions per month of $10 or more each on your checking account.
Unlimited deposits, withdrawals, transfers, and transactions may be made at TCU-owned or CO-OP Network® ATMs, through Call-24 Phone Banking, and Online Banking.
Balance to Earn Dividends:
Dividends are paid on balances of $100 or more.
Refer to the Share Account Initial Account Disclosure Sheet for current rates. Dividends are paid by a tiered rate structure. Dividends are compounded and paid monthly. Dividends are earned from the date of deposit to the date of withdrawal.
Members may have money deposited directly into their accounts with Direct Deposit or payroll deduction.
Paper or E-statements are sent quarterly, or monthly when members also use a TCU ATM card, debit card, credit card, Call-24 Phone Banking, or have an active TCU checking account or a TCU loan.
Open an Account Check Rates
1: See Account Disclosure for current rates.
Travis Credit Union
One Travis Way
Vacaville, CA 95687