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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  • Earnings grow tax deferred for a Traditional IRA account until withdrawn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  • Contributions can be withdrawn at any time tax and penalty free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
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  Share Accounts
  TYPE RATE APY
  Share Savings 0.05 0.05
  IRA 0.05 0.05
  Checking 0.00 0.00
  Money Markets 0.05 0.05

 

Certificates
MONTHS RATE APY
6 .40 .40
12 .60 .60
18 .60 .60
24 .65 .65
30 .70 .70
48 .80 .80
60 .80 .80

 

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 TARBORO

(Also serving ROCKY MOUNT)

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

1720 Barlow Road
Tarboro, NC 27886

PO Box 4002
Tarboro, NC 278
 

 GREENVILLE

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

PO Box 2929
Greenville, NC 27836
 
National Credit Union Administration logoYour savings insured by National Credit Union Administration, a U.S. Government Agency.