Accounts
Savings
Ready to grow your money and achieve your financial goals? At Texas Plains Federal, we offer a variety of savings options designed to fit your unique needs! Whether you're just starting out, saving for a specific dream, or planning for your future with an Individual Retirement Account (IRA), we have a secure and rewarding place for your funds to grow. Explore our four distinct savings account options alongside our flexible IRA choices and discover the perfect way to build a brighter financial tomorrow, right here with us!
Regular Savings
Your Regular Savings account keeps your Texas Plains Federal membership active and all it takes to maintain it is $25. Dividends are calculated on daily balances, and are compounded and paid monthly.
Special Savings
Save for a special occasion, vacation, Christmas, or any thing your heart desires with your Special Savings account at Texas Plains Federal. Maintain a $25 balance. Dividends are calculated on an average daily balance, and are compounded and paid monthly.
Premium Savings
Grow your savings with our competitive savings account. Maintain a $25,000 balance. Dividends are calculated on an average daily balance, and are compounded and paid monthly.
Share Certificates
Looking to lock in a higher return on your savings? Share Certificates from Texas Plains Federal pay some of the highest dividends we offer, making them a smart and secure way to grow your money over time.
With guaranteed, fixed rates for the duration of your term, you can confidently watch your savings grow with zero market risk. Your dividends are calculated and paid out monthly, allowing your balances to build even faster. Whether you're saving for a short-term goal or a future dream, we have flexible options with minimum deposits starting as low as $1,000.
Individual Retirement Accounts
When it comes to saving for retirement, Individual Retirement Accounts (IRAs) are a smart strategy. We offer traditional & Roth IRAs and HSAs with high dividend rates, low risk and long-term security. If you already have an IRA somewhere else, you can transfer it to Texas Plains Federal and take advantage of our better rates. Texas Plains Federal IRAs will accept rollovers from other IRAs.
Health Savings Accounts
Healthcare costs can add up fast, but you don't have to tackle them alone. If you're currently enrolled in a High-Deductible Health Plan (HDHP), a Health Savings Account (HSA) from Texas Plains Federal Credit Union is a great way to keep more money in your pocket.
Think of it as a personal savings account just for medical expenses—with major tax perks!
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Save on Taxes: Your contributions are tax-deductible, reducing your yearly tax bill.
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Grow Tax-Free: Any earnings your account builds over time accumulate tax-deferred.
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Spend Tax-Free: As long as you use the funds for qualified medical expenses, your distributions are 100% tax-free.