Field of Membership
CLUB ACCOUNTS
CHRISTMAS CLUBA Christmas club account lets you plan all year for those holiday expenses - gifts, trips, and parties. Christmas Club accounts earn the same dividend as regular shares but setting these funds aside help you budget for the expenses the holiday brings. There are 3 options for withdrawing your funds. On November 15 of each year, Christmas club funds are disbursed. You may choose to receive a check, have the funds transferred to your savings or checking account, or left for withdrawal at your convenience. Dividends on Christmas club accounts are paid quarterly.
CLUB ACCOUNT
TVA Credit Union offers up to ten club accounts (type 60 - 69) to meet your special savings needs. Whether it is for that "once in a lifetime" vacation, those unexpected auto repairs, or that sunroom you want built on your deck or patio - it's easy to set aside a few dollars each week to meet your goal. Club accounts (whatever the purpose) earn the same as regular shares. But a club account, set aside for that special purpose, helps you keep your eye on those growing funds as you see your goal approaching. Just decide the amount you want to save and come by your nearest TVACU location and start your club account today. All club accounts earn the same dividend as regular shares and are paid quarterly
KIDS CLUB - 12 & under
How it works:
• Kids get a punch card (Kid$ Ka$h card).
• For every ($5 minimum) deposit the child makes into the Credit Union he/she will receive one punch on the punch card. At five (5) punches, the child will get a trip to a "treasure chest" to pick out a special prize. At 10 punches, we will deposit $2 into the child's account and give a trip to the treasure chest. At this point, the child will be issued another punch card.
• For every ($5 minimum) deposit the child makes into the Credit Union he/she will receive one punch on the punch card. At five (5) punches, the child will get a trip to a "treasure chest" to pick out a special prize. At 10 punches, we will deposit $2 into the child's account and give a trip to the treasure chest. At this point, the child will be issued another punch card.
Along with this account, the Credit Union will honor good grades from report cards (the Kids must bring their report cards into the Credit Union):
• All A's → $5
• A's & B's → $2
• A's & B's → $2
