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%

Custodial Savings Accounts

Daily Minimum BalanceDividend RateAnnual Percentage Yield (APY)
$100.05%.05%

Holiday Club Accounts

Daily Minimum BalanceDividend RateAnnual Percentage Yield (APY)
$100.05%.05%

Special Savings Accounts

Daily Minimum BalanceDividend RateAnnual Percentage Yield (APY)
$100.05%.05%

Money Market Accounts

Daily Minimum BalanceDividend RateAnnual Percentage Yield (APY)
$1,000-$4,999.99.15%.15%
$5,000-$49,999.99.25%.25%
$50,000 and over.30%.30%

Business Money Market Accounts

Daily Minimum BalanceDividend RateAnnual Percentage Yield (APY)
$1,000-$4,999.99.15%.15%
$5,000-$49,999.99.25%.25%
$50,000 and over.30%.30%

Share Certificates

TermDividend RateAnnual Percentage Yield (APY)
Minimum $500
3 to 5 months.20%.20%
6 to 11 months.40%.40%
12 to 23 months0.70%0.70%
24 to 35 months0.80%0.80%
36 to 47 months
0.90%0.90%
48 to 59 months1.00%1.00%
60+ months1.20%1.20%

IRA Certificates

TermDividend RateAnnual Percentage Yield (APY)
Minimum $500
3 to 5 months.25%.25%
6 to 11 months.45%.45%
12 to 23 months0.75%0.75%
24 to 35 months0.80%0.80%
36 to 47 months
0.90%0.90%
48 to 59 months1.05%1.05%
60+ months1.25%1.25%

Roth & Educational IRA Certificates

Minimum $500

TermDividend RateAnnual Percentage Yield (APY)
Minimum $500
3 to 5 months.25%.25%
6 to 11 months.45%.45%
12 to 23 months.75%.75%
24 to 35 months.80%.80%
36 to 47 months
.90%.91%
48 to 59 months1.05%1.06%
60+ months1.24%1.25%

IRA Holding Account

InfoAnnual Percentage Yield (APY)
Previous Quarter Paid on all balances (as of 9/30/15): .25%

All rates in effect as of 6/1/2020.  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.