SPECIAL HOLIDAY HOURS

All Credit Union locations will be closed Friday, July 3rd and Saturday, July 4th, in observance of Independence Day.

SPECIAL HOLIDAY HOURS

All Credit Union locations will be closed Friday, July 3rd and Saturday, July 4th, in observance of Independence Day.

Routing #264279567

Deposit Rates

Table data for Individual Accounts
 Rates effective 07-04-2020
Dividend Rate Annual Percentage Yield (APY) Minimum Balance Dividend Compound Alert Me
Regular Savings 0.15% 0.15% $5.00 Quarterly
Regular Checking 0.00% 0.00% $0.00 None
High-Yield Checking* 1.98% 2.00% $500.00 Monthly
Accumulation IRA 0.30% 0.30% $25.00 Monthly
Jump Start Savings** 2.97% 3.00% $5.00 Quarterly
Christmas/Vacation 0.10% 0.10% $0.00 Quarterly
Health Savings*** 0.75% 0.75% $25.00 Monthly
APY = Annual Percentage Yield. Federally insured by NCUA.

*HIGH-YIELD CHECKING: Some restrictions may apply. Ask for details. High-Yield Checking is a tiered rate account. Monthly qualification cycle begins on the first day and ends on the last day of the calendar month. Terms and conditions may apply. Rate subject to change. PREMIUM RATE of 2.00% APY is earned on balances between $500 and $15,000 when the following monthly qualifications are posted and settled within the monthly qualification cycle: 1. Make 15 debit card transactions (waived during COVID-19 Pandemic), 2. Login to online/mobile banking at least once, 3. Receive e-Statements, and 4. Have direct deposit NON-PREMIUM RATE of 0.00% APY is earned on balances of $499 or less. On balances over $15,000, 0.15% APY is earned or when premium qualifications are not met. When the account is closed, 0.15% APY applies for the month the account is closed.

**JUMP START SAVINGS: must be opened with a minimum of $5.00. Available only for members under age 18. The first $500.00 will always earn a "premium rate". Balances over $500.00 will earn the current regular share rate.

***HEALTH SAVINGS: Consult with your tax advisor to determine your specific tax situation. Certificate withdrawal restrictions apply. Additional terms and conditions may apply. Must be age 18 or older to apply.

Table data for Certificate/IRA Certificate Accounts
 Rates effective 07-04-2020
Term Dividend Rate Annual
Percentage
Yield (APY)
Minimum Balance Dividend Compound Alert Me
6 Months 0.65% 0.65% $2,500.00 Monthly Receive a notification when this rate changes
12 Months 0.70% 0.70% $2,500.00 Monthly Receive a notification when this rate changes
18 Months 0.75% 0.75% $500.00 Monthly Receive a notification when this rate changes
24 Months 0.90% 0.90% $500.00 Monthly Receive a notification when this rate changes
30 Months 0.95% 0.95% $500.00 Monthly Receive a notification when this rate changes
36 Months 1.00% 1.00% $500.00 Monthly Receive a notification when this rate changes
42 Months 1.05% 1.05% $500.00 Monthly Receive a notification when this rate changes
48 Months 1.09% 1.10% $500.00 Monthly Receive a notification when this rate changes
60 Months 1.19% 1.20% $500.00 Monthly Receive a notification when this rate changes
*APY = Annual Percentage Yield Rates are subject to change without notice. Fees may reduce the earnings on some accounts. Certificate Accounts with maturities of seventeen (17) months or less have a penalty for early withdrawal of an amount equal to ninety (90) days dividends. Certificate Accounts with maturities of eighteen (18) months or more have a penalty for early withdrawal of an amount equal to 180 days dividends. Dividends can be added back to the account, transferred to another Knoxville TVA Employees Credit Union account or mailed to you each month. Annual Percentage Yield applies when the dividend is reinvested in the account. Certificate Accounts (other than Educational Savings) can be designated as an Individual Retirement Account (IRA) or Health Savings Account (HSA).

Certificate Accounts with an initial minimum of $100,000.00 may add 0.10 to the dividend rate above. Certificate Accounts with an initial minimum of $250,000.00 may add 0.20 to the dividend rate above.

IRA Certificates may add 0.10 to dividend rate above.

Table data for Member-Managed Funds Account
 Rates Effective 07-04-2020
Minimum Balance $2,500.00 $25,000.00 $50,000.00 $100,000.00 Alert Me
Annual Percentage Yield (APY) 0.25% 0.30% 0.40% 0.50%
Dividend Rate 0.25% 0.30% 0.40% 0.50%
Dividend Compound Monthly Monthly Monthly Monthly

Table data for Educational Savings Plan
 Rates effective 07-04-2020
Term Dividend Rate Annual Percentage Yield (APY) Minimum Balance Dividend Compound Alert Me
36 thru 60 months 1.69% 1.70% $0.00 Monthly Receive a notification when this rate changes
61 thru 120 months 2.19% 2.21% $0.00 Monthly Receive a notification when this rate changes
121 months or more 2.44% 2.47% $0.00 Monthly Receive a notification when this rate changes
APY = Annual Percentage Yield. Federally insured by NCUA.