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

Your savings are federally insured up to at least $250,000 by the National Credit Union Administration (NCUA), and backed by the full faith and credit of the United States Government.

Excess Share Insurance – Additional Coverage Provided by TFCU
An additional $250,000 of coverage is provided by Excess Share Insurance (ESI), a private corporation. Traditional and Roth IRAs are separately insured up to $250,000 by NCUA and up to an additional $250,000 through ESI, all at no cost to you.

TFCU members receive the highest level of combined federal/private share savings insurance available anywhere. Example:

The NCUA Insurance booklet gives a more detailed explanation of insurance coverage.

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