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Key Features

  • No monthly fee
  • Earns interest

Key Benefits

  • Earnings grow tax deferred for a Traditional IRA account until withdrawn
  • Traditional IRA’s offer fully deductible contributions
  • Earnings are tax free if the account has been open for 5 years with qualified reason on a Roth Account
  • Contributions can be withdrawn at any time tax and penalty free
  • The Roth does not require distributions after age 70 ½t

Requirements

  • Must be a Telco member
  • Anyone who has earned income from compensation
  • Unless member is doing an IRA rollover or doing a direct transfer from another financial institution, the maximum amount of contributions is set if age 50 or older
  • Minimum deposit amount for a CD is $1,000.00
Share Accounts
TYPE RATE APY
Share Savings 0.10 0.10
IRA 0.10 0.10
Checking 0.10 0.10
Money Markets 0.10 0.10

 

Certificates
MONTHS RATE APY
6 0.45 0.45
12 0.65 0.65
18 0.75 0.75
24 0.85 0.85
30 0.75 0.75
48 1.10 1.11
60 1.25 1.26

 

IRA Certificates
MONTHS RATE APY
12 0.55 0.55
18 0.65 0.65
24 0.75 0.75
30 0.65 0.65
48 1.00 1.01
60 1.15 1.16

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Tarboro

0(800) 682-8688
0(252) 823-0119 local
(252) 823-1001fax

1720 Barlow Road
Tarboro, NC 27886

PO Box 4002
Tarboro, NC 278
 

Greenville

0(252) 214-7060
0(252) 756-4751fax
631 E. Arlington Blvd.
Greenville, NC 27858

PO Box 2929
Greenville, NC 27836
 
 
LOST OR STOLEN DEBIT CARD
1-800-754-4128
Your savings insured by National Credit Union Administration, a U.S. Government Agency.