A share account is your key to membership in Texas Federal Credit Union! It is a savings account earning competitive dividends on your daily balances .
An initial minimum deposit of $25.00 is your "share" in Texas Federal Credit Union and establishes your status as a member and owner of Texas Federal Credit Union. Dividends accrue daily and are paid monthly in accordance with the terms and conditions set forth in the Accounts and Services Agreement .
One free withdrawal per month is allowed. Subsequent withdrawals will incur a $7.50 excessive withdrawal fee. You may make up to six preauthorized, automatic, telephonic, or audio response transfers during any calendar month. Of the six, only three transfers may be to a third party by check or VISA Check Card. All transactions are detailed on a quarterly statement.
This account is covered by $2,000 of AD&D Insurance which is paid for by Texas Federal Credit Union.