Open a checking or savings account with TCU
When you bank with Thrivent Credit Union, you choose the checking and savings options that meet your needs. From free benefits to special features, compare account options below.
|Features||Simply Checking||Thrivent Rewards Checking|
|Overview||Meet your basic checking needs with this simple account.||Discover more benefits with this enhanced checking account.|
|Free ATM withdrawals (including reimbursement of owner fees)||4 free/month 1||Unlimited|
|Minimum balance||$8.95/month if balance is below $100 2||-|
|APY||0.00% 3||0.10% 3|
|Free overdraft protection from||
|Additional overdraft protection||$7 per transfer from
|Insufficient funds or overdraft fee||$30 6||$30 6|
|MasterCard® Debit Card||Yes||Yes|
|CO-OP Shared Branch Bank in person at a CO-OP Shared Branch credit union. Find a branch near you (opens in new window).||Yes||Yes|
|Mobile banking with mobile check deposit||Yes||Yes|
|Online banking with bill pay||Yes||Yes|
|RoundUP Add this feature to your account and we'll round up debit card purchases to the nearest dollar. Extra change will go straight into your savings account, daily. Learn more.||-||Yes|
|Popmoney® Securely send, request and receive money using Popmoney within online banking.||Yes||Yes|
|Unlimited check writing||Yes||Yes|
|Requirements||-||Requires direct deposit into any share/share draft account or complete five bill pays and 10 point of sale purchases every month. 7|
|Full service fee brochure||Service Fees (opens in new window)|
1 Unlimited free ATM withdrawals from any Thrivent Credit Union terminal. 4 free ATM withdrawals (reimbursed ATM owner fees) for each non-Thrivent Credit Union ATM withdrawal; after 4, $1 fee plus any ATM owner fees.
2 No fee if under age 24. Age 24 or older, $8.95 fee per month if balance falls below $100 any day of the month.
3 APY Stands for Annual Percentage Yield. APY is effective as of July 6, 2020, is variable and can change without notice.
4 Line of Credit is subject to credit application, qualification and approval.
5 Overdraft protection made in $100 increments.
6 An overdraft fee may be imposed when the credit union, at its discretion, clears check, ACH or other electronic means.
7 If direct deposit or activity is not maintained, account will be transferred to Simply Checking after a 3-month period.
|Features||Simply Savings||Emergency Savings Share||Thrivent Rewards Money Market||Preferred Plus Money Market|
|Overview||Meet your basic savings needs with this simple account.||This account will help you put away cash for the unexpected.||Help your savings grow, even on a small balance.||Designed to help you meet your savings goals.|
|APY||Up to 0.30% 12||Up to 0.50% 12||Up to 1.01% 12||Up to 0.45% 12|
|Balance to earn tiered dividends||$25||$25||$25||$2,500|
|Monthly fees||-||-||-||$10 10|
|CO-OP Shared Branch Bank in person at a CO-OP Shared Branch credit union. Find a branch near you (opens in new window).||Yes||Yes||Yes||Yes|
|Mobile banking with mobile check deposit||Yes||Yes||Yes||Yes|
|Online banking with bill pay||Yes||Yes||Yes||Yes|
|RoundUP Add this feature to your account and we'll round up debit card purchases to the nearest dollar. Extra change will go straight into your savings account, daily. Learn more.||Yes||Yes||Yes||Yes|
|Requirements||-||-||Thrivent Rewards Checking account and direct deposit are required to open. 11||-|
|Full service fee brochure||Service Fees (opens in new window)|
8 Unlimited withdrawals may be made from your account provided these withdrawals are made in person to a credit union employee or via an automated teller machine. All other withdrawals are limited to six per statement cycle. An excessive transaction fee of $10 will be imposed against any transaction(s) in excess of these limitations.
9 One free withdrawal per statement cycle. You’ll be charged $10 each time up to 6 withdrawals after your first withdrawal. After your 6th withdrawal, you’ll be charged $20 for each withdrawal.
10 Fee will be imposed every month if the daily balance falls below $2,500 any day of the month.
11 To open and maintain a Thrivent Rewards Money Market account, you must also maintain a Thrivent Rewards Checking account and maintain direct deposit into any share (savings) or share draft (checking) account. If direct deposit is terminated, your Thrivent Rewards Money Market account may be transferred to a Simply Savings account.
12 APY Stands for Annual Percentage Yield. APY is effective as of July 6, 2020, is variable and can change without notice.
Certificates are a sound and safe investment option, offering competitive earnings and a guaranteed rate of return.
Flexible terms from three months to 60 months are available, which could allow multiple options to set up ladders to meet your financial goals. Ladders are a way of dividing your investments into certificates with different maturity dates – this is usually done in equal amounts. This strategy reduces both the dividend rate and re-investment risks.
A minimum balance of $1,000 is required to open a certificate. A penalty may be imposed for early withdrawal. Fees may reduce earnings on the account.
Benefit from the safety of a certificate with added flexibility. Unlike a traditional certificate, Thrivent Federal Credit Union's Flex Certificate 13 lets you react to whatever direction rates are heading. You can make any one of these choices during the first half of your certificate's term:
If rates go up – bump up the dividend rate to the current higher rate, which will increase your certificate's earning potential.
If rates go down – add at least $500, and not more than $200,000 to your higher-rate certificate (cannot exceed your initial deposit).
Withdraw – up to half of your funds without penalty (need to maintain a minimum balance of $5,000 after you request a withdrawal). The Flex Certificate is available in convenient terms of 12, 18 and 24 months.
13 You must deposit and maintain $5,000 to open the account and to obtain the disclosed Annual Percentage Yield (APY). You may exercise any one of the following options during the first half of the term (if balance is $5,000.00 or more): 1) increase dividend rate to current rate; 2) add one-time deposit, must be at least $500.00, may not be more than $200,000.00 and may not exceed amount of initial deposit; 3) withdraw up to half of the funds without penalty; must maintain a minimum balance of $5,000.00. A penalty may be assessed for early withdrawals other than the withdrawal permitted by the terms of the account contract. Fees could reduce earnings.
This savings account represents your membership share in this not-for-profit financial cooperative, which makes you a member-owner of Thrivent Credit Union. TCU funds the initial $1 required for membership, and then you must maintain at least the par value of one share ($1) in the credit union.
- $25 minimum balance to earn dividends.
- ATM access with a checking account as your primary account. 15
14 The TFCU Membership account is a requirement for membership in Thrivent Credit Union. To maintain membership a par value of one share ($1.00) must be kept in the account at all times. If you fall below the par value you have six months to increase the balance or your membership may be terminated.
15 Unlimited withdrawals may be made from your account provided these withdrawals are made in person to a credit union employee or via an automated teller machine. All other withdrawals are limited to six per statement cycle. An excessive-transaction fee of $10 will be imposed against any transaction(s) in excess of these limitations.
Turn extra change into meaningful savings with our new RoundUP tool. Every time you swipe your Thrivent Rewards Checking1 debit card, we'll "round up" each purchase to the nearest dollar and put the change into a savings account of your choice. The best part is that it's free and gives you the opportunity to save hundreds more a year.
It's easy to get started:
- Add the feature to your checking account through our Online Banking portal.2
- Have your account numbers ready, review, and agree to the terms and conditions easily online. If you need assistance with your checking account numbers, please call us at 866-226-5225.
- Watch for one comprehensive deposit, each business day, from your checking account straight to your savings account with your RoundUP total.3
1 This feature is only available with the Thrivent Rewards Checking account.
2 Must be previously enrolled in online banking. If not enrolled sign up here. It may take up to 48 hours for your enrollment in RoundUP to take effect.
3 Deposits for transactions made on Saturday, Sunday or a Federal Holiday will post on the following business day.