What type of savings account are you looking for?
Basic Savings Account are ideal if you need quick and easy access to manage your savings account. It can also be used for overdraft protection when tied to your Tropical Financial checking account.
Money Market Accounts are ideal if you can maintain a minimum monthly account balance of $2,500 and you want to earn more interest than what a regular savings account offers.
Certificates of Deposit are ideal if you are looking for a way to safely invest as little as $500 for a minimum of 6 months and want a guaranteed rate of return on your investment.
Holiday Club Accounts are ideal if you want to stop worrying about having enough money to buy gifts for friends and family and are tired of using high-interest credit cards for holiday purchases.
In order to become a member of Tropical Financial, you must live or work in one the following Florida counties: Miami-Dade, Broward, Palm Beach, St. Lucie, Martin, Hendry, Collier, Lee and Sarasota.
If you are planning to set up direct deposit to your new account, you will need to provide your payroll department or Social Security with TFCU's ABA Routing Number (2670778472) and your TFCU account number.
A Health Savings Account is a savings product for TFCU members that are enrolled in a High Deductible Health Plan (HDHP). HSAs enable you to pay for current health expenses and save for future qualified medical and retiree health expenses on a tax-free basis. You own and control the money in your HSA, whether you use it now or save it for the future.
Qualified medical expenses are services that are typically covered by a health care plan, such as office visits, emergency room services and hospitalization. Qualified medical expenses also include prescription drugs and many over-the-counter drugs, vision expenses including eyeglasses and contact lenses, medical plan deductibles and copays, as well as non-cosmetic dental expenses, which a health savings account would be useful. For complete list of allowable health expenses, please see IRS Publication 502 Medical and Dental Expenses available online under :Forms and Publications" at www.irs.gov or by calling 1-800-829-3676.
To be eligible for a Health Savings Account, an individual must be covered by HSA-qualified Florida High Deductible Health Plan (HDHP) and must not be covered by other health insurance that is not an HDHP.