Deposits

At tnConnect, we have a variety of accounts to meet your needs and busy lifestyle. From everyday checking and savings accounts to specialized savings clubs and investment services - we have you covered! Stop by one of our branches today to learn more!

Checking

We have checking options for people who want to bank electronically or who prefer more traditional services.  Accounts can include free online or mobile banking, bill pay, direct deposit or payroll deduction, overdraft protection, rewards programs, plus credit and debit cards. We offer accounts that require no minimum balance plus unlimited check writing, and we even offer accounts to help you get back on your feet if you’ve had financial difficulties.

High Yield Checking

The High Yield Checking account offers a higher dividend rate on balances up to $10,000, with amounts over this earning the current share dividend rate. It requires online banking with e-statements, a minimum of $500 in direct deposits, and at least 10 debit card transactions per month to maintain the high yield rate. The account has no monthly service fees, no minimum balance, free bill payment, overdraft protection, mobile deposit capture, and unlimited check writing. Additional perks include a rewards debit card. A $2 monthly fee applies for ID Safe Protection, and a $2 fee is charged for paper statements if e-statements are not enrolled. If requirements are not met, the dividend rate defaults to the current share dividend rate.

Digital Checking

Digital Checking has no monthly service fees or minimum balance requirements. It features a rewards debit card, the option to apply for a rewards credit card, unlimited check writing, free ID Safe coverage, and free overdraft protection. Additional benefits includefree online banking, free bill pay (with a $5 inactivity fee after 90 days of no use) and free mobile deposit capture. A $5 monthly fee applies for paper statements unless enrolled in e-statements.

Free Account

Free Checking has no monthly fees, no minimum balance requirement, and does not earn dividends. It includes a standard non-rewards debit card, free overdraft protection, unlimited check writing, and free mobile deposit capture. Bill Pay costs $5 per month but is waived with e-statement enrollment, with an additional $5 inactivity fee after 90 days of no use. ID Safe Protection is available for $2 per month. A $2 monthly fee applies for paper statements unless enrolled in e-statements.

Liberty Account

Our Liberty account is designed to help members who may have had financial difficulties in the past. By paying a minimal monthly service fee, members will have access to a debit card and unlimited check writing each month.

Savings

Every tnConnect member has a Primary Share/Savings Account that establishes membership and earns dividends with just a minimum $50 balance. In addition, we offer specialized saving accounts that help you save for Christmas, vacations, and more.

Share/Savings

The Primary Share/Savings establishes your membership at tnConnect and meets your basic savings needs. A minimum deposit of $5.00 must be maintained in this account. To earn dividends, a $50 balance must be maintained, with dividends paid quarterly.

Emergency Savings

Sometimes, life throws you a curve ball, and you find yourself financially unprepared. With this account, you can have a safety net, regardless of what life throws at you. There is no minimum balance to open and no account fees. This account earns quarterly dividends on balances over $50, and there are no withdrawal limits. You can also add to this account throughout the year with personal deposits or through Payroll Deduction.

Home Fund

The Home Fund allows you to save for anything related to your home, including home or property insurance, miscellaneous projects, and more. No minimum deposit is required to open this account, and balances over $50.00 earns dividends. Dividends are compounded on a quarterly basis. You can also add to this account throughout the year with personal deposits or through Payroll Deduction.

Christmas Fund

Our Christmas Fund can help you save throughout the year for holiday expenses. You can add to this account throughout the year with personal deposits or through Payroll Deduction. The money you save is distributed to the account of your choice on October 1.

Vacation Fund

Ready to plan a vacation? Open a tnConnect Vacation Fund today to begin saving for next year. Deposits can be made in any amount at any time. No minimum deposit is required to open this account. Balances over $50.00 earn dividends.

Miscellaneous Savings

No minimum deposit is required to open this account. Balances over $50.00 earn dividends. Dividends are compounded on a quarterly basis. You can also add to this account throughout the year with personal deposits or through Payroll Deduction.

IRAs

Start saving today for your retirement years with an IRA Accumulation Account or an IRA Certificate. Traditional and Roth Individal Retirement Accounts are available both as accumulation accounts or as 30 month certificates. A minimum balance of $1,000 is required to open an IRA Certificate; however, with an IRA accumulation account, a minimum balance of just $25 is required. IRA certificates can have the same terms as our traditional certificates.

You can also start saving for your college years with our Coverdell Education Savings Accounts. Anyone can contribute to this child’s educational fund; however, the total annual contributions for each child cannot exceed $2,000. A minimum balance of just $25 is required.

All IRA accounts are insured with NCUA for up to $250,000 regardless of any other deposits at tnConnect.

Certificates of Deposit (CD)

Enjoy higher dividends for your savings with a certificate from tnConnect. These accounts offer a fixed dividend rate for a fixed number of days, ranging from 3 months to 4 years. Rates vary according to term. A minimum opening balance of $1,000 is required. Please check with a tnConnect representative for current rates, terms, and conditions. 

The Minimum Opening Balance and the Minimum Balance to earn dividends is $1,000 for all certificates. Any term of certificate may be opened as an IRA Certificate.