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About TFCU

TFCU is a member-owned financial service cooperative. We were chartered in 1939. We currently have approximately 18,000 members, over $150 million in assets, 3 branches, and over 60 employees. Originally named the Civil Aeronautics Federal Credit Union, over the years the Credit Union expanded its field of membership to include many government agencies, businesses, and associations.

You own your Credit Union and as an owner, each year you elect your Board of Directors . The Board of Directors set policy, including dividends and interest rates. As a member, you're encouraged to serve on committees and run for elected office. With no outside shareholders, only members benefit from TFCU earnings through full financial services, competitive savings, and economical loans.


Transportation Federal Credit Union's Mission Statement

TFCU is a member-owned cooperative whose purpose is to be the preferred provider for its members' financial needs.


Competition

Transportation Federal Credit Union is very competitive with other financial institutions in our marketplace. In fact, we survey our competitors on a monthly basis to compare our rates and consistently place at or near the top of the list. As you compare products, we encourage you to be a careful shopper. Keep in mind that even greater benefits are available to you in our Express , Concorde and Premiere50 packaged services.


Deposits Federally Insured

Both your savings accounts and Individual Retirement Accounts (IRAs) are insured for a total of $350,000. The National Credit Union Share Insurance Fund (NCUSIF) federally insures your deposits at TFCU up to $100,000. Individual Retirement Accounts (IRAs) are insured separately by NCUSIF for up to an additional $100,000.

Your deposits are privately insured through Excess Share Insurance Corporation (ESI) up to $250,000. IRAs are separately insured by ESI for up to an additional $250,000.

The NCUA Insurance booklet gives a more detailed explanation of insurance coverage. To receive the booklet, just e-mail us.

Not one penny of insured savings has ever been lost by a member of a federally insured credit union.



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