Savings Options

Whether you are saving for the holidays, vacation, or retirement, TBA Credit Union has several investment options that are safe, secure, and designed with your convenience in mind!

Each investment is federally insured by the NCUA for up to $100,000 and most are accessible at over a dozen strategic branches throughout Northern Michigan and over 100 convenience branches throughout Michigan and Northern Indiana.

Membership Savings

Opened with a minimum investment of $110*, your deposit establishes your membership with the credit union and makes you eligible for other credit union products and services.

• No monthly service charges by maintaining $100 minimum investment
• Competitive rates
• Dividends calculated daily and paid quarterly
• Accessible at over 25,000 surcharge free ATMs nationwide and 24 hours a day with online banking

Club Accounts

Our club accounts are an excellent way to save for holidays or vacations all year long. With as little as $5 you can open your account and even take advantage of payroll deduction, making this a convenient and manageable way to save!

• Exceptional dividend rates
• Dividends calculated daily and paid at maturity (October 31)
• No monthly maintenance fee
• Track savings 24 hours a day with online banking

Certificates of Deposit (CDs)

A CD is a valuable investment option for members considering long-term savings. They are an excellent way to earn a higher yield on your investment while being safe, secure, and federally insured up to $100,000.

• Attractive rates
• Choose from terms of 6 to 60 months
• $500 minimum to open ($5000 minimum for 6 month CD)
• Higher rates available with New Horizons Checking Package

Individual Retirement Accounts (IRAs)

Your future starts today. Now is the time to prepare for a comfortable retirement with the help of an IRA from your credit union.

• Competitive Rates
• No set-up or annual maintenance fees
• Choose from Traditional IRAs, Roth IRAs, and Coverdale Education Savings accounts
• Account options include IRA variable savings and IRA CDs
• Higher rates available with New Horizons Checking Package when you choose to open an IRA CD

Deferred Compensation

A retirement savings plan offered exclusively to school employees, your credit union’s Deferred Compensation accounts are another excellent tool to start planning for your future today!

• Attractive rates
• No minimum balance to open
• Lower your taxable income by deferring a portion of your wages each pay period
• Pay no taxes on either your contributions or your earnings until you withdraw the funds
• No annual maintenance fees

For more information, contact Joann Anderson at 231-946-8794.