Credit
Building & Repair

The Fresh Start suite of products is for those who are starting out and those who are starting over. From building credit to repairing it, TFCU has a solution for you.

 

1 Subject to the terms and conditions detailed in the Guide to Benefits. Participating merchants on BaZing are not sponsors of the program, are subject to change without notice, may not be available in all regions and may choose to limit deals.

2 Insurance products are: NOT A DEPOSIT. NOT FEDERALLY INSURED, NOT AN OBLIGATION OR GUARANTEED BY THE CREDIT UNION, ITS AFFILIATES, OR ANY GOVERNMENT AGENCY.

3 Based on approved credit.

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Fresh Start
Spending Account

Everyone is eligible.

Low monthly fee

Access to a VISA debit card

Free online and mobile banking

Free e-statements

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Savings Builder
Certificate

This certificate is a savings tool that helps you build good savings habits by allowing you to make deposits as frequently as you want but limiting your access to the funds.

$50 minimum to open

Add money as often as you want, no minimum required.

Maximum balance is $25,000

Access your funds with a 30 day maturity

Dividend rate is the same as our 1-Year Certificate!

Dividends paid at maturity

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Secured VISA®
Credit Card

It’s as easy as 1-2-3!

1. TFCU will secure funds you have on deposit and issue you a VISA credit card.

2. You will use the card to make purchases and make regular monthly payments which will result in repairing or building your credit.

3. After at least six months of making regular purchases and on-time payments you may request moving to a regular TFCU VISA credit card. If approved, your secured funds will be released and our trained staff will share your new credit score with you!

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Credit Builder
Loan

A great way to build or repair your credit and save money!

1. TFCU will issue you a $500 loan. The $500 will be deposited into a secured savings account in your name.

2. You will make regular monthly payments on the loan over 6 months.

3. Once you have paid off the loan, TFCU will release the $500 in the savings account.

4. You can spend or save the money!

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Financial Counseling

Let us help! TFCU is teaching credit union. We meet you where you are financially. We help you define the goals you would like to set or objectives you would like to meet.

We are local! We know what it’s like to have inconsistent income from the various industries across coastal Alaska. We also know how expensive life can be, from groceries to vacations. We can help you get organized, learn how to best understand your habits, and how to maximize your income.

TFCU also partners with Balance to provide members the Balance Financial Fitness Program.

Let’s get started today and get you matched with a local TFCU Financial Coach or a Balance team member.

Ready to start Financial Counseling? Chat with a Rep Now!

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