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TFCU Rates

Whether you're exploring options for savings accounts, loans, or mortgages, this page offers transparent details to help you make informed decisions about your financial future. Explore our competitive rates and discover how Tropical Financial Credit Union can empower your financial journey and help you Get Beyond Money today.

Rates effective as of July 8th, 2024
Current Rates:

Certificates of Deposit

Category Rates APY* Rate Minimum Deposit
3 Month 5.05% 4.9571% $500 minimum to open
6 Months 5.15% 5.0534% $500 minimum to open
12 Months 5.15% 5.0534% $500 minimum to open
18 Months 5.15% 5.0534% $500 minimum to open
24 Months 1.25% 1.2442% $500 minimum to open
36 Months 1.25% 1.2442% $500 minimum to open
48 Months 1.25% 1.2442% $500 minimum to open
60 Months 1.25% 1.2442% $500 minimum to open
Disclosures

* Annual Percentage Yield (APY) The minimum average daily balance to earn APY (Annual Percentage Yield) is $500. The APY is based on the assumption that interest will remain in the CD Account until maturity.

Penalties will apply for early withdrawal. Rates are subject to change without notice.

All IRAs are for individuals only and not available to businesses or to be opened under a business account.

Fees may reduce the earnings on the CD Account.

TFCU will deposit the $1 minimum requirement to open your account.  Other restrictions may apply.

IRA Certificates

Category Rates APY* Rate Minimum Deposit
3 Months 5.05% 4.9571% $500 minimum to open
6 Months 5.15% 5.0534% $500 minimum to open
12 Months 5.15% 5.0534% $500 minimum to open
18 Months 5.15% 5.0534% $500 minimum to open
24 Months 1.25% 1.2442% $500 minimum to open
24 Months (Variable) 1.25% 1.2442% $500 minimum to open
36 Months 1.25% 1.2442% $500 minimum to open
48 Months 1.25% 1.2442% $500 minimum to open
60 Months 1.25% 1.2442% $500 minimum to open
Disclosures

* Annual Percentage Yield (APY) The minimum average daily balance to earn APY (Annual Percentage Yield) is $500. The APY is based on the assumption that interest will remain in the CD Account until maturity.

Penalties will apply for early withdrawal. Rates subject to change without notice.

All IRAs are for individuals only and not available to businesses or to be opened under a business account.

Fees may reduce the earnings on the CD Account.

TFCU will deposit the $1 minimum requirement to open your account. Other restrictions may apply.

Savings Accounts

Category Rates APY* Minimum Deposit
Savings 0.0500% $1 minimum deposit Quarterly dividend payments
Holiday Club Savings Account 1.0000% No minimum deposit Quarterly dividend payments
Vacation Club Savings Account 1.0000% No minimum deposit Quarterly dividend payments
Roth IRA Savings Account 0.1000% $500 minimum deposit Quarterly dividend payments
Traditional IRA Savings Account 0.1000% $500 minimum deposit Quarterly dividend payments
Money Market $2,500 to $9,999 0.4500% $2,500 minimum deposit Monthly dividend payments
Money Market $10,000 to $24,999 0.5000% $2,500 minimum deposit Monthly dividend payments
Money Market $25,000 to $49,999 0.5000% $2,500 minimum deposit Monthly dividend payments
Money Market $50,000 and Over 0.5500% $2,500 minimum deposit Monthly dividend payments
Disclosures
* Annual Percentage Yield (APY) and dividend rates are the prospective yields and rates that the Credit Union anticipates paying for the quarterly dividend period.

Health Savings Accounts

Category Rates APY* Minimum Deposit
Health Savings Account (Checking) 0.5000% $100 minimum deposit Monthly dividend payments
Disclosures
* Annual Percentage Yield (APY) and dividend rates are the prospective yields and rates that the Credit Union anticipates paying for the quarterly dividend period.
Current Rates:

New Auto

Category Rates APR* Minimum Deposit
36 Months 5.24% Purchase transaction only. Other conditions may apply.
60 Months 5.69% Minimum loan amount required. Other conditions may apply.
78 Months** 5.89% Minimum loan amount required. Other conditions may apply.
84 Months** 6.79% Minimum loan amount required. Other conditions may apply.
Disclosures

* APR = Annual Percentage Rate. Eligibility for the lowest advertised rate is based on creditworthiness, year of vehicle, ability to repay, credit score, down payment, terms and loan to value. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. TFCU will deposit the $1 minimum requirement to open your account.  Member must reside in a state within TFCU lending area. Other conditions may apply. Rates and Offers are subject to change without notice. Current TFCU accounts must be in good-standing, not have any type of restrictions, and TFCU loans paid-to-date.

Example:  10,000 loan at 6.24% APR with 60 monthly payments of approximately $194.49

New Autos are defined as current and prior year models.

Loan To Values based on MSRP/Purchase price on new vehicles up to 1,000 miles or the NADA Retail value plus/minus options and mileage on used vehicles.

Used Auto

Category Rates APR* Minimum Deposit
36 Months 5.24% Purchase transactions only. Other conditions may apply.
60 Months 5.69% Minimum loan amount required. Other conditions may apply.
78 Months** 5.89% Minimum loan amount required. Other conditions may apply.
Older Used Auto - 48 Months 8.24% Minimum loan amount required. Other conditions may apply.
Classic Vehicles - 78 Months 8.49% Auto must be manufactured after 1946 and at least 30 years old. Other conditions may apply.
Disclosures

* APR = Annual Percentage Rate. Eligibility for the lowest advertised rate is based on creditworthiness, year of vehicle, ability to repay, credit score, down payment, terms and loan to value. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. TFCU will deposit the $1 minimum requirement to open your account.  Member must reside in a state within TFCU lending area. Other conditions may apply. Rates and Offers are subject to change without notice. Current TFCU accounts must be in good-standing, not have any type of restrictions, and TFCU loans paid-to-date.

Example:  10,000 loan at 6.24% APR with 60 monthly payments of approximately $194.49

Used Auto equals 8 years old or newer.

Loan To Values based on the NADA Retail value plus/minus options and mileage on used vehicles.

Personal Loans

Category Rates APR* Minimum Deposit
Unsecured Line of Credit (Variable Rate) 15.50% Payment Term: Revolving credit line. Variable rate based on prime rate. Other conditions may apply.
Unsecured Loan (Fixed Rate) 10.99% Payment Term: Up to 60 months. Other conditions may apply.
Savings Secured Line of Credit (Variable Rate) 2.55% Payment Term: Revolving credit line. Variable rate based on current savings rate +2.50. Other conditions may apply.
Savings Secured Loan (Fixed Rate) 2.60% Payment Term: Up to 60 months. Other conditions may apply.
QCash Loan 16.99% We recommend this option if you need additional funds to help cover an unexpected expense. This option is for current members that have been with the CU for 12 or more months. The application must be submitted through online banking. Other conditions may apply.
Disclosures

* APR = Annual Percentage Rate. Eligibility for the lowest advertised rate is based on creditworthiness, ability to repay, credit score and terms.  Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors.  TFCU will deposit the $1 minimum requirement to open your account.  Member must reside in a state within TFCU lending area.  Other conditions may apply. Rates and Offers are subject to change without notice. Current TFCU accounts must be in good-standing, not have any type of restrictions, and TFCU loans paid-to-date.

QCash: $35 Application Fee. Loan example: $1,000 loan at 16.99 APR with 12 monthly payments of approximately $91.21.  TFCU membership for a minimum of 12 months is required along with other relationship based qualifications. Automatic Loan Payment required from TFCU account. Only 3 QCASH loans allowed within a rolling 12 months. Rates are subject to change without notice. This is not a firm offer of credit. Offer is subject to change or end at anytime without notice. Member must reside in a state within TFCU lending area.

Personal Line of Credit APR will vary based on creditworthiness. The variable APR is based on, and changing with, the Prime Rate as published in the Wall Street Journal, plus or minus a margin percentage based on Credit Worthiness. Member must reside in a state within TFCU lending area. Other restrictions may apply. Current TFCU accounts must be in good-standing, not have any type of restrictions, and TFCU loans paid-to-date.

Savings Secured Line of Credit.  The standard APR equals the Current TFCU savings account rate + 2.50. The variable APR may increase or decrease based on the current TFCU savings account rate.  Share Secured Line of Credit requires a qualifying savings account as collateral.

Rates and terms are subject to change without notice.  TFCU will deposit the $1 minimum requirement to open your account.  Example:  $5,000 loan at 10.99% APR with 60 monthly payments of approximately $108.72.

Boat & RV Loan Rates

Category Rates APR* Minimum Deposit
New Boat Loan 6.99% Various terms available with minimum loan amounts required. Other conditions may apply.
Used Boat Loan 6.99% Various terms available with minimum loan amounts required. Other conditions may apply.
New Motorcycle Loan 7.49% Various terms available with minimum loan amounts required. Other conditions may apply.
Used Motorcycle Loan 7.49% Various terms available with minimum loan amounts required. Other conditions may apply.
New RV Loan 8.24% Various terms available. Minimum loan amount required. Other conditions may apply.
Used RV Loan 8.24% Various terms available. Minimum loan amount required. Other conditions may apply.
Disclosures

*APR = Annual Percentage Rate.

Eligibility for the lowest advertised rate is based on creditworthiness, year of vehicle, ability to repay, credit score, down payment, terms and loan to value. Other rates and terms may apply and your rate may differ based on the loan program, term of repayment and other factors. TFCU will deposit the $1 minimum requirement to open your account.  Member must reside in a state within TFCU lending area. Other conditions may apply. Rates and Offers are subject to change without notice. Current TFCU accounts must be in good-standing, not have any type of restrictions, and TFCU loans paid-to-date.

New Boats equals Current Year and Previous Two Years. Used Boats equals 10 years old or newer. 

New Motorcycle equals Current Year and Previous Year. Used Motorcycle equals 8 years old or newer.

New RVs equal Current Year and Previous Two Years. Used RVs equal 8 years old or newer. 

RVs older than 9 years old considered on a case by case basis.

No financing for Boats and RVs classified or used as a dwelling. . No financing for off-road dirt bikes. Other collateral restrictions may apply.

Loan Example: $50,000 loan amount at 8.24% rate 180 months payments of approximately $484.99

Mortgage Rates

Category Rates APR* Rate Discount Points
30-year (fixed rate) 6.500%* 6.707% 1.000
30-year refi (fixed rate) 6.625%* 6.821% 0.875
15-year (fixed rate) 5.750%* 6.083% 1.000
15-year refi (fixed rate) 5.750%* 6.083% 1.000
30 Year Jumbo (fixed rate) 6.500%* 6.607% 0.875
30 Year Jumbo refi (fixed rate) 6.500%* 6.607% 0.875
15-year Jumbo (fixed rate) 6.000%* 6.174% 0.875
15-year Jumbo refi (fixed rate) 6.000%* 6.174% 0.875
5/6 ARM (variable rate) 6.500%* 7.263% 0.875
5/6 ARM refi (variable rate) 6.750%* 7.391% 0.875
Jumbo 5/6 ARM (variable rate) 6.375%* 7.190% 1.000
Jumbo 5/6 ARM refi (variable rate) 6.375%* 7.162% 1.000
Disclosures

* APR = Annual Percentage Rate. The interest rates, annual percentage rates (APRs), points and rebates shown are subject to change without notice. The points reflected above are Discount Points paid to lower your rate. TFCU may also charge origination fees. The actual interest rate, points, and annual percentage rate offered may differ depending on your credit qualifications, credit scores, loan to value ratio, type of property and transaction type, as many factors apply to mortgage loan financing. Rates and points will not be locked until a complete application with all the required supporting documents have been provided and a review of the file has been completed. Rates can be locked for up to 60 days. Minimum Loan amount $40,000. Maximum conforming loan amount is $726,200. Jumbo loans may be available for loans amounts above $726,200 to $2,500,000. Financing is available for second homes and investment properties. Condominium financing is also available for up to 95% of the loan to value ratio for purchases. Some restrictions may apply. TFCU will deposit the $1 minimum requirement to open your account.

For rate and APR information on each loan please click the 🛈 next to each rate. 

Property insurance is required; if the collateral is determined to be in an area having special flood hazards, flood insurance will be required as well.

Rates and Offers are subject to change without notice.

Results of the mortgage affordability estimate/prequalification are guidelines; the estimate is not an application for credit and results do not guarantee loan approval or denial. All loans subject to approval based on creditworthiness, qualifications and collateral conditions. TFCU will deposit the $1 minimum requirement to open your account.  Must reside in a state within TFCU lending area. Current TFCU accounts must be in good standing, not have any type of restrictions, and TFCU loans paid-to-date. Your actual APR will be determined at the time of disbursement and will be based on your creditworthiness. Not all applicants will qualify for the lowest rate. Rates quoted assume excellent borrower credit history. Other eligibility requirements may apply. Rates and terms are subject to change at any time. Other conditions may apply. 

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HELOC

Category Rates APR* Rate
HELOC 1st Lien (adjustable rate) 7.25%* 7.25%
HELOC 2nd Lien (adjustable rate) 7.50%* 7.50%
Disclosures

*APR = Annual Percentage Rate. All home lending products are subject to credit and property approval.

**Home Equity Lines of Credit: The adjustable rate APR may increase or decrease based on the highest Prime Rate published in the Money Rates column of the Wall Street Journal. First Mortgage standard APR can vary from Prime – 1.25 to Prime, with a minimum APR of 2.75. Second Mortgage standard APR can vary from Prime -1 to Prime + 3.00 with a minimum APR of 3.50.

Rates, program terms and conditions are subject to change without notice. Other restrictions and limitations may apply

The actual interest rate offered may differ based on the available equity in your home, the amount of your loan, your credit history, and product chosen.

Minimum loan amount: $25,000

Property insurance is required; if the collateral is determined to be in an area having special flood hazards, flood insurance will be required as well. Property must be in Florida.

Available on owner-occupied detached and attached primary and secondary residences. Not available on investment properties. Consult tax advisor for deductibility. TFCU will deposit the $1 minimum requirement to open your membership account. 

Home Equity Rates

Category Rates APR* Rate
HE 1st Lien - 5 Year 6.24%* 6.24%
HE 1st Lien - 10 Year 6.74%* 6.74%
HE 1st Lien - 15 Year 6.99%* 6.99%
HE 2nd Lien - 5 Year 6.99%* 6.99%
HE 2nd Lien - 10 Year 7.49%* 7.49%
HE 2nd Lien - 15 Year 7.75%* 7.75%
HE 2nd Lien - 20 Year 8.74%* 8.74%
Disclosures
*APR = Annual Percentage Rate. All home lending products are subject to credit and property approval. Your actual rate may vary and will be determined at the time of disbursement, based on your credit worthiness, term, collateral, and loan program. Not all applicants will qualify for the lowest rate.

Rates, program terms and conditions are subject to change without notice. Other restrictions and limitations may apply

The actual interest rate offered may differ based on the available equity in your home, the amount of your loan, your credit history, and product chosen.

Minimum loan amount: $25,000

Property insurance is required; if the collateral is determined to be in an area having special flood hazards, flood insurance will be required as well. Property must be in Florida.

Available on owner-occupied detached and attached primary and secondary residences. Not available on investment properties. Consult tax advisor for deductibility. TFCU will deposit the $1 minimum requirement to open your membership account.