Deposit Rates

TEG offers competitive dividend rates on savings accounts, money market accounts, share certificates, IRA certificates and more.

Primary Share Accounts

Daily Minimum BalanceDividend RateAnnual Percentage Yield (APY)
$100.05%.05%
Rates in effect as of 5/1/2024. Maximum term is 60 months. Dividends declared on the first of the month. Rates are subject to change at any time. Fees may reduce earnings. Early withdrawal penalties may apply to Certificates. APY is based on non-withdrawal of dividends earned. $5 minimum share account balance is required for TEGFCU membership.

Custodial Savings Accounts

Daily Minimum BalanceDividend RateAnnual Percentage Yield (APY)
$100.05%.05%
Rates in effect as of 5/1/2024. Maximum term is 60 months. Dividends declared on the first of the month. Rates are subject to change at any time. Fees may reduce earnings. Early withdrawal penalties may apply to Certificates. APY is based on non-withdrawal of dividends earned. $5 minimum share account balance is required for TEGFCU membership.

Holiday Club Accounts

Daily Minimum BalanceDividend RateAnnual Percentage Yield (APY)
$100.05%.05%
Rates in effect as of 5/1/2024. Maximum term is 60 months. Dividends declared on the first of the month. Rates are subject to change at any time. Fees may reduce earnings. Early withdrawal penalties may apply to Certificates. APY is based on non-withdrawal of dividends earned. $5 minimum share account balance is required for TEGFCU membership.

Special Savings Accounts

Daily Minimum BalanceDividend RateAnnual Percentage Yield (APY)
$100.05%.05%
All rates in effect as of 7/1/2023. Last dividend declaration date was the first of the month. Rates are subject to change at any time without advance notice. Fees may reduce earnings. Early withdrawal penalties may apply to Certificates. A $5 minimum balance is required to maintain Credit Union membership.

Money Market Accounts

Daily Minimum BalanceDividend RateAnnual Percentage Yield (APY)
$1,000-$49,999.99.15%.15%
$50,000-$99,999.99.25%.25%
$100,000 and over.50%.50%
Rates in effect as of 5/1/2024. Maximum term is 60 months. Dividends declared on the first of the month. Rates are subject to change at any time. Fees may reduce earnings. Early withdrawal penalties may apply to Certificates. APY is based on non-withdrawal of dividends earned. $5 minimum share account balance is required for TEGFCU membership.

Business Money Market Accounts

Daily Minimum BalanceDividend RateAnnual Percentage Yield (APY)
$1,000-$49,999.99.15%.15%
$50,000-$99,999.99.25%.25%
$100,000 and over.50%.50%
Rates in effect as of 5/1/2024. Maximum term is 60 months. Dividends declared on the first of the month. Rates are subject to change at any time. Fees may reduce earnings. Early withdrawal penalties may apply to Certificates. APY is based on non-withdrawal of dividends earned. $5 minimum share account balance is required for TEGFCU membership.

Share Certificates

TermDividend RateAnnual Percentage Yield (APY)
Minimum $500
3 to 5 months.55%.55%
6 to 11 months1.00%1.00%
12 to 23 months4.00%4.07%
24 to 35 months4.25%4.33%
36 to 60 months5.00%5.12%
Rates in effect as of 5/1/2024. Maximum term is 60 months. Dividends declared on the first of the month. Rates are subject to change at any time. Fees may reduce earnings. Early withdrawal penalties may apply to Certificates. APY is based on non-withdrawal of dividends earned. $5 minimum share account balance is required for TEGFCU membership.

IRA Certificates (Traditional, Roth, Coverdell, SEP)

TermDividend RateAnnual Percentage Yield (APY)
Minimum $500
3 to 5 months0.60%0.60%
6 to 11 months1.05%1.06%
12 to 23 months4.05%4.13%
24 to 35 months4.30%4.39%
36 to 60 months
5.05%5.17%
Rates in effect as of 5/1/2024. Maximum term is 60 months. Dividends declared on the first of the month. Rates are subject to change at any time. Fees may reduce earnings. Early withdrawal penalties may apply to Certificates. APY is based on non-withdrawal of dividends earned. $5 minimum share account balance is required for TEGFCU membership.

IRA Holding Account

InfoAnnual Percentage Yield (APY)
Previous Quarter Paid on all balances.10%
Rates in effect as of 5/1/2024. Maximum term is 60 months. Dividends declared on the first of the month. Rates are subject to change at any time. Fees may reduce earnings. Early withdrawal penalties may apply to Certificates. APY is based on non-withdrawal of dividends earned. $5 minimum share account balance is required for TEGFCU membership.