Savings

Savings Accounts

A Primary Savings Account comes with your The Infirmary Federal Credit Union membership. Your membership begins with this basic savings account and a $5 deposit, which maintains your share at TIFCU. Whether you are saving for a specific goal, or just need a simple way to grow your money, a TIFCU savings account is a smart way to get started.

  • Earn dividends (See Rate Sheet)

  • Insured up to $250,000 by The National Credit Union Administration (NCUA)

  • Save automatically through payroll deduction or automatic transfers

  • eStatements are available

Christmas Club Account

Get a Jump Start on Saving for the Holidays.

A TIFCU Christmas Club Account is a great way to set aside spending money for the holidays. Whether you are saving for special gifts or travel plans, by saving a little bit all year long you will enjoy a relaxing holiday season. Deposit the funds at your own pace, and when the holidays arrive you’ll be ready!

  • Earn dividends (See Rate Sheet)

  • Insured up to $250,000 by The National Credit Union Administration (NCUA)

  • Save automatically through payroll deduction or automatic transfers

  • eStatements are available

Vacation Club Account

Start Saving for Your Dream Vacation.

A TIFCU Vacation Club Account is a great way for you to easily set aside money for a special getaway. Reward yourself and save as much as you want, as often as you want until your vacation rolls around. Then sit back, relax, and enjoy the trip you have earned!

  • Earn dividends (See Rate Sheet)

  • Insured up to $250,000 by The National Credit Union Administration (NCUA)

  • Save automatically through payroll deduction or automatic transfers

  • eStatements are available

SAVE YOUR CHANGE ACCOUNT (SYC)

With our optional Save Your Change account, every purchase you make is rounded up to the nearest dollar.  The “roundup” is then deposited into a special savings account, which means every time you swipe your debit card you’ll be saving money!

How Does Save Your Change Work?

Every time you use your The Infirmary FCU Debit Card, the transaction will be rounded up to the next full dollar amount. At the end of each business day the accumulated amount from each of the transactions will be transferred from the checking account attached to your debit card to a savings account of your choice as a single transaction.

EXAMPLE:  If you go to your favorite coffee shop and spend $5.51, the transaction that posts to your account will be exactly $5.51 but you will deduct $6.00 from your check register. At the end of the day, that extra 49¢ (along with any other amounts calculated on other purchases throughout the day) will be transferred from your checking to your Save Your Change savings account. The next day, you go back to your favorite coffee shop and spend $2.56 and then to the gas station and spend $32.43, at the end of the day $1.01 will be transferred to your SYC savings account and you will have deducted $3.00 and $33.00 from your check register respectively.

How Do I Get Started?

There is no cost to enroll! Simply stop in or email us (through a secure email in Virtual Branch) to tell us you want to sign up for a Save Your Change account.  Once you’re enrolled, sit back and watch your savings grow!

What Else Do I Need To Know?

  • The Save Your Change account is only available if you have a The Infirmary FCU Debit Card linked to a The Infirmary FCU Checking account.

  • Both signature-based and PIN-based debit cards transactions qualify for the Save Your Change account; ATM transactions do not qualify.

  • If you enroll, all qualifying transactions from debit cards attached to your checking account will be included in the roundup.

  • If your debit card purchase is canceled or reversed, such as a returned purchase, the corresponding Debit Card roundup will remain in the savings account.  

  • Credit transactions or adjustment transactions will not be rounded up.

  • The SYC transfer will only happen if you have sufficient funds at the end of the day; the roundup transfer will never overdraw your account.

  • The SYC account is subject to the same excessive withdrawal penalties as a standard share account. There is no charge for account transfers and no minimum balance required.

  • The Infirmary FCU may cancel or modify the Save Your Change service at any time.

    Don’t wait to start Saving Your Change! ENROLL TODAY!