Savings
Teamsters Credit Union offers a range of savings accounts for you and your family. Your savings are insured to at least $250,000 and backed by the full faith and credit of the United States Government. For more information regarding insured funds, please visit the National Credit Union Administration, a U.S. Government Agency.
Share Account
This account establishes your membership in the Credit Union. Your Share Account entitles you to open other savings and checking accounts, apply for loans, and vote in Credit Union elections. Quarterly statements are provided, itemizing your transactions and dividends earned. Deposits can be made in person, through the mail, and through Payroll Deduction/Direct Deposit.
Minimum balance requirement: $10
WINcentive Savings
A savings account that offers you the chance to win cash prizes from a statewide drawing. WINcentive Savings offers prize drawing entries in return for each time you increase your month-over-month savings balance by $25 (up to 4 entries per month)*. Prize drawings occur monthly, quarterly and annually – so the more you save, the more chances you have to win! You could even end up winning the grand prize of $5,000!
Is saving money a challenge? If you are struggling to save, consider the WINcentive Savings account. You can improve your money habits in a whole new way that actually makes saving FUN. You’ll feel rewarded by watching your savings grow, and experience the excitement of the prize drawings! And unlike playing the lottery, you don't lose anything with WINcentive Savings. All of the money you deposit into the account is yours. Open your WINcentive Savings account today! *See member representative for complete terms, conditions, and official rules. Federally insured by NCUA.
Minimum balance requirement: $5
For more information, visit Minnesota Credit Union Network
Future Teamster Share Account
This account establishes your child's membership in the Credit Union. Ideal to help teach children and teens the value of saving money. Saving for the future is important!
Minimum balance requirement: $10
Holiday Club
This account is ideal for your holiday season shopping! Your holiday balance is automatically transferred to your Share Account and available for withdrawal each November 1.
Minimum balance requirement: $5
Vacation Club
Ideal for your annual vacations or a rainy day. Have the cash in hand to travel. Maximum two withdrawals per calendar year.
Minimum balance requirement: $5
Education Club
Education costs can add up. Start saving now with this club account. Maximum four withdrawals per calendar.
Minimum balance requirement: $5
Money Market
This savings account lets you access your funds while earning premium dividends.
Minimum balance requirement: $2,500
Certificate of Deposit
Designed for members who want to maximize their rate of return by locking in on today's interest rate. Six and 12-month terms are available.
Minimum certificate requirement: $5,000
Dividend Rates and Annual Percentage Yields can be found here
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