About TFFFCU Accounts
Put simply, we’re here to help you manage your money.
The most basic relationship we have with members is a share account. Share accounts are deposit accounts and are designed primarily for savings or for checking. You have choices concerning how you manage your money and we want to help you understand your choices.
One of those choices is to put your money in an account at a credit union instead of a bank. It’s called a share account because it means when you put money in it, you own a share of the credit union. Members are the only shareholders so all benefits return to members. This means higher rates on savings accounts, lower interest rates on loans, and more time available for staff to provide better service.
There are many reasons for opening share accounts, and TFFFCU has several products available so you can choose the ones that are best for you.
The USA PATRIOT Act and TFFFCU Accounts
Important Information About Procedures for Opening a New Account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you.
We may also ask to see your driver's license or other identifying documents.