Welcome To i Trust FCU

The par value of one share will be $50.
A one-time fee of $1.00 will be assessed for each new member.
Withdrawals can be made upon request. Our members can make unlimited withdrawals through ATM machines.
ATM Card holders will not be charged a fee for any transaction at the ATM machine located at iTrust /TCC or iTrust Winchester. A fee will be charged for any ATM transaction processed at a "foreign" ATM based on the current Fee Schedule for Services.
A fee applies for each withdrawal after the third withdrawal within a calendar month if processed by a Credit Union teller.
Withdrawal in cash is limited to $200 - amounts in excess are disbursed by check. The limitation may be waived at the discretion of the CEO.
Advance notice may be required for withdrawal as explained in the Credit Union's By-laws, Article III, Section 2 (a).
Dividends will be calculated daily on balances of $100 or more and paid quarterly. Accounts closed before dividends are posted will forfeit any accrued dividends.
Statements will be mailed quarterly. Statements will be mailed monthly if qualifying electronic activity (e.g. Direct Deposit) has occurred on the account.
An account may be considered "dormant" if there is no member generated activity in the account for a period of 12 consecutive months. Efforts will be made to contact members with dormant accounts. In all cases, the credit union will comply with Tennessee laws applicable to Abandoned Property reporting.

Christmas Club accounts may be opened any time during the year.
Dividends will be credited and statements mailed quarterly.
One withdrawal can be made without a fee between October 1^st and December 31^st of each year. All other withdrawals will be assessed a fee. (See Fee Schedule).
If the account is closed before dividends are posted, any accrued dividends will be forfeited.

Enrollment is upon request.
Dividends will be credited and statements mailed quarterly.
One withdrawal can be made without a fee between October 1^st and December 31^st of each year. All other withdrawals will be assessed a fee. (See Fee Schedule).
If the account is closed before dividends are posted, any accrued dividends will be forfeited.

Requires the direct deposit of adequate net pay or a $200 balance must be maintained in the account. Exceptions require Board approval.
Checks are provided at the member's request and expense.
Statements will be mailed monthly.
Where the member abuses the account or the expense of maintaining the account exceeds fees collected, the account may be closed.
No dividends will be accrued or paid.
Cash limit per day is $2,000 with adequate direct deposit or $200 on hold.

This program has been established to provide members with a variety of term investments which appeal to the diversity of demands.
To remain competitive and responsive to our member's needs, rates will be determined weekly based on published market rates.
The minimum deposit required will be: A. $1000 for 12-month and 30-month terms. B. $2500 for 6-month terms.
Dividends will be paid quarterly and transferred to the minimum balance share account or can be compounded. (See Truth in Savings Disclosure)
A penalty will be imposed for withdrawals made before the maturity date. The penalty may be waived by the CEO in cases such as the death or the declared incompetent of the member or in an extreme emergency. (See Truth in Savings Disclosure)

IRA Accumulation:

An Individual Retirement Account (IRA) is a way to save for retirement. It allows members to accumulate savings with tax-deferred compounding of dividends, and, in most cases, with tax-deductible contributions to supplement the member's pension and Social Security benefits at retirement.
NO IRA may be pledged as collateral for a loan.
Tax status relative to the IRA opened will not be determined by the Credit Union. Members are advised to contact their tax consultant for answers to questions regarding their particular tax status.
The minimum to open will be $100.
A minimum balance of $500 is required to maintain the account. If the account balance is below $500, at least one deposit of $50 must be made each month until the minimum is attained.
Dividends will be paid and statements mailed quarterly.
Withdrawal requests are subject to applicable penalties as allowed and /or required by law.

ROTH IRA Account:

The minimum to open will be $100.
A minimum balance of $500 is required to maintain the account. If the account balance is below $500, at least one deposit of $50 must be made each month until the minimum is attained.
Dividends will be paid and statements mailed quarterly.
Withdrawal requests are subject to applicable penalties as allowed and /or required by law.

Education IRA Account:

The minimum to open will be $100.
A minimum balance of $500 is required to maintain the account. If the account balance is below $500, at least one deposit of $50 must be made each month until the minimum is attained.
Dividends will be paid and statements mailed quarterly.
Withdrawal requests are subject to applicable penalties as allowed and /or required by law.

IRA Certificates:

This program has been established to provide members with a variety of term investments which appeal to the diversity of demands. Certificates for each type of IRA / ROTH / Educational are available. Contact the Credit Union for more information.
To remain competitive and responsive to our member's needs, rates will be determined weekly based on published market rates.
The minimum deposit required will be:

A. $1000 for 12-month and 30-month terms.

B. $2500 for 6-month terms.

Dividends will be paid quarterly and transferred to the IRA accumulation account or may be compounded in the certificate account. *
A penalty will be imposed for withdrawals made before the maturity date. The penalty may be waived by the CEO in cases such as the death or the declared incompetent of the member or in an extreme emergency. *

* Contact the Credit Union with questions in regard to Truth in Savings Disclosure.

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