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Open a checking or savings account with TFCU

When you bank with Thrivent Federal Credit Union, you can choose the checking and savings options that meet your needs. From free benefits to special features, explore account options below.

Free benefits include:

  • Unlimited withdrawals at any ATM (including reimbursement of owner fees).
  • Access to the CO-OP Shared Branch network for transactions.
  • Debit card with unlimited point of sale purchases.
  • Access to online banking.
  • Access to Bill Pay.
  • Three-day Person-to-person transfers with Pop Money®.
  • Mobile banking and mobile check deposit.
  • Automatic transfers between accounts.
  • E-statements.
  • Overdraft protection from line of credit, savings or money market accounts.

Other features:

  • No minimum balance to earn dividends.
  • No required minimum balance.
  • Unlimited check writing.

Note: To open and maintain this account, you need to set up direct deposit into any share/share draft account or complete five bill pays and 10 point of sale purchases every month. If the requirements are not maintained, the account will be transferred to a Simply Checking account after a 3-month period.

Free benefits include:

  • Four free ATM withdrawals at any ATM per month (including reimbursement of owner fees).
  • Debit card with unlimited point of sale purchases.
  • Access to co-op shared branch network.
  • Access to online banking.
  • Access to Bill Pay.
  • Three-day person-to-person transfers.
  • Mobile banking and mobile check deposit.
  • Automatic transfers between accounts.
  • E-statements.
  • Overdraft protection with a transfer from a line of credit account.

Other features:

  • Four free withdrawals at any ATM (including reimbursement of owner fees), thereafter $1 each plus any ATM owners fees.
  • Account holders 24 years of age or older can avoid the $8.95 monthly fee by maintaining a daily balance of $100.
  • Unlimited check writing.
  • Overdraft protection from a savings or money market account with a $7 per transfer fee.

This savings account represents your "share" in our not-for-profit financial cooperative, which makes you a part owner of Thrivent Federal Credit Union. With a $1 minimum deposit and a tiered dividend rate, this savings account may be all you need to reach your savings goals.

Features:

  • $1 minimum balance to open.
  • $25 minimum balance to earn dividends.
  • ATM access when your Thrivent Rewards Checking account is your primary account2.
  • Monthly statement cycle.

1 The Thrivent Share Savings account is a requirement for membership in Thrivent Federal 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.

2 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, with no transfers or withdrawals by check, draft or similar order to third parties. An excessive transaction fee of $10 will be imposed against any transaction(s) in excess of these limitations.

This account will help you put away cash for unexpected expenses. You can only access this account one time per statement cycle free of charge. When you take money out of the account after that, you'll be charged $10 each time up to 6 withdrawals. After your 6th withdrawal, you'll be charged $20 for each withdrawal.

Features:

  • $1 minimum balance to open.
  • $25 minimum balance to earn dividends.
  • Monthly statement cycle.

1 To open and maintain this account, member must maintain direct deposit or an automatic transfer into the account. If direct deposit or automatic transfer is terminated, account may be transferred to a Thrivent Share Savings account.

Thrivent Rewards Money Market1

Help your savings grow by earning dividends even on a small balance. An active Thrivent Rewards Checking account and direct deposit is required to open a Thrivent Rewards Money Market.

Features:

  • $25 minimum balance to earn dividends.
  • ATM access with checking as a primary account3.
  • Monthly statement cycle.

Preferred Plus Money Market

Benefit from competitive rates for your savings and still have access to your money. Preferred Plus is designed to help you meet your savings goals.

Features:

  • $2,500 minimum balance to earn dividends.
  • $10 monthly service fee2.
  • ATM access with checking as a primary account3.
  • Monthly statement cycle.

1 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 Thrivent Share Savings Account.

2 Fee will be imposed every month if the daily balance falls below $2,500 any day of the month.

3 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 or transfers 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.

Share Certificates

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.

Flex Certificates

Benefit from the safety of a certificate with added flexibility. Unlike a traditional certificate, Thrivent Federal Credit Union's Flex Certificate1 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.

1 You must deposit and maintain $5,000 to open the account and to obtain the disclosed APY. If you choose to add a one-time deposit to the certificate, the additional deposit must be at least $500, may not be more than $200,000 and may not exceed the dollar amount of the initial deposit. You may only increase the dividend rate once during the first half of the term of the certificate. Withdrawals up to 50% of the beginning balance may only be made once during the first half of the term of the certificate following account opening. If you choose to use the withdrawal option, a balance of $5,000 must be kept in the certificate. A penalty may be assessed for early withdrawals other than the withdrawal permitted by the terms of the account contract. Fees could reduce earnings.