Alternate Savings Accounts

Florida Telco offers several different savings accounts, all designed to help you save money. These accounts allow you to conveniently save funds separately from your regular share savings accounts.

     Rates

The Reserve Account is an account you can use to save for any reason: vacation, emergencies, etc. 

The Holiday Savings Account was designed to help you save for holiday expenses. Funds are available on October 1 of each year. (There is a fee for early withdrawal on this account.)

Children's Savings Accounts at Florida Telco:
A savings account at Florida Telco provides a parent or grandparent a means of starting to prepare for a child's financial future.

And it creates an opportunity to secure Credit Union services at Florida Telco for a lifetime: Once children are members,they can remain members no matter where they live or work when they grow up.
~Earn the same APY as regular share savings accounts.¹

~Can be opened in the child's name and social security number for tax benefits.²

~ Can receive automatic allotments from parent/grandparent's payroll or direct deposit.*

*Children (13 & under) receive a special gift when the new account is opened. Children also receive a ceramic-like piggy-bank if parent/grandparent signs up for automatic allotments to the new or any existing child's account. ($20 or more per month minimum allotment to receive piggy-bank.)

 

To open any of these accounts, contact your Member Service Representative, or fill out the Account Change Form and mail/fax to Member Services, Florida Telco Credit Union,
PO Box 16688, Jacksonville, FL 32245.
904.722-6694 (fax).

¹Call or visit any branch for current rates.
²Consult your tax advisor.

---

See the Rate and Fee Schedule for current rates.