A penny saved...is not going to be enough.
We don’t know exactly what the future will bring us, but we have a few ideas. So let’s build our own safety net, or two. Some habits are tough to break. Saving for the future should be rock solid.
This is where you start. Prepare for the unexpected with a regular savings plan. Open with just $5, which also establishes membership. And, like our other savings accounts, you can set up automatic transfers each month. So sit back, relax, and see your savings grow. It feels good to know you have your back covered.
This special account can be your new holiday tradition. Better than Aunt Bertha’s yearly 3-pack of socks, this account allows you to make deposits in advance so you can be ready for the holidays. Wrapping paper not included.
Our interest is your growth. Earn a higher return and your savings will start to add up. Convenient access to your funds without having to lift your mattress. Visit one of our branches for more details.
Fast-track your savings journey with a Jump Start Savings Account. Every time you use your checking account for a purchase or a payment, the transaction is automatically rounded up to the nearest dollar and the difference is transferred to your Jump Start Savings.
Fast-track your savings journey with a Jump Start Savings Account. Every time you use your checking account for a purchase or a payment, the transaction is automatically rounded up to the nearest dollar and the difference is transferred to your Jump Start Savings.
Watch your savings add up with your virtual piggy bank:
| Purchase | Purchase Amount | Amount Sent to Jump Start Savings |
|---|---|---|
| Drug Store | $20.01 | $0.99 |
| Utility Bill Payment | $125.44 | $0.66 |
| Resturant | $18.23 | $0.77 |
| Coffee | $2.55 | $0.45 |
| Daily Amount Transferred to Savings = | n/a | $2.87 |
| Weekly Average Savings*= | n/a | $20.09 |
| Annual Average Savings*= | n/a | $1,044.68 |
With your Jump Start Savings:
Enroll in a Jump Start Savings Account
*Savings calculations are for illustrative purposes only. Actual savings will vary based on individual spending habits and account activity. These examples are not guarantees or projections of future account balances.
Money doesn’t grow on trees. It grows on our certificates.
Hard work starts to pay off, so now it’s your turn to sit back and make your money grow for you. Start earning a higher return because our interest… is in your best interest.
To begin, email our Contact Center, call (813) 247-4414 or visit a branch location.
How much do you want to earn? It’s up to you. Decide on the length of your certificate term and leave it to us. And with our Step-up feature you have an option of locking in a higher rate if available. Talk to our financial experts for more details.
| Term | $500-$49,999 | $50,000-$99,999 | $100,000+* |
|---|---|---|---|
| Share Certificate APY* | |||
| 3 Month | 1.00% | 1.00% | 1.00% |
| 6 Month | 3.50% | 3.50% | 3.50% |
| 12 Month | 3.85% | 3.85% | 3.85% |
| 24 Month | 3.40% | 3.40% | 3.40% |
| 36 Month | 3.25% | 3.25% | 3.25% |
| 48 Month | 3.00% | 3.00% | 3.00% |
| 60 Month | 3.00% | 3.00% | 3.00% |
| 7 Month Liquid | minimum to open is $10k | 0.05% | 0.05% |
| 18 Month Market Watch** | 4.49% | 4.49% | 4.49% |
*Annual Percentage Yield. Rates subject to change without notice. Fees may reduce earnings on share accounts; and early withdrawal penalties may apply on share certificate accounts. ** The 18 month Market Watch is currently unavailable for new certificates- rate reflects rates for current certificate holders. This is a variable rate certificate. The rate is adjusted on the first of each month and is calculated by using the 24 month Treasury Bill rate in effect on the 10th day of the previous month plus 1/4th of 1% (25 basis points). At maturity, the certificate automatically renews. .** ***Available for limited time only. Step-Up feature not available for special rate certificates. | |||
Sometimes not a simple decision, but one you should look into sooner than later. Individual Retirement Accounts offer you many choices to plan for your future. And don’t think you are limited to retirement. Use them for your child’s education, or roll over your company’s savings.
| Details | Traditional IRA Account | Roth IRA Account | Coverdell Education IRA |
| What are your future plans? | I need all the tax advantages I can get now, don't really have plans for retirement, just know I should be doing something. | I'm on the downhill slide now and will need more access than tax advantages in 60 to 10 years. I can almost see it! | I'm interested in helping my children prepare for their future - college is a lot closer than my retirement! |
| Annual Contribution | $5,000 or 100% of earned income (whichever is less*) | $5,000 or 100% of earned income (whichever is less)* | $2,000 |
| Tax-Deductible Contributions | Within qualifications | None | None |
| Distribution; Required Minimum Contributions | 59 1/2; mandatory at 70 1/2 | 5 years after holding period and 59 1/2 | by 30 |
| Earnings | Tax Deferred | Tax Deferred | Tax Deferred |
| Details | IRA Savings | IRA Certificates | IRA Transfers | IRA Rollovers |
| Most appropriate for... | Just getting started... thinking about a systematic savings plan. | Starting to see savings grow and want to take advantage of higher tax returns. | Moving a Roth IRA that would perform much better at TBF than where it is. | Rolling over a previous employer's plan to TBF. |
| Considerations | Automatic transfer, payroll deduction for any amount. | Starting at $500. | Directly from one financial institution to another; unlimited number. | Funds are released to you and deposited within 60 days; 1 rollover per 12 months. |
To begin, email our Contact Center, call (813) 247-4414 or visit a branch location.
