Deposit Products

Time Federal serves a defined market area with respect to opening deposit accounts.  We serve the area in Central Wisconsin where our branches are located and most counties immediately adjacent to those counties. 

It is best to check with a Time Federal office if you are unsure if you qualify for a deposit account with us.

Checking Account Plans
Checking accounts are available to individuals, sole proprietors, businesses, non-profit organizations, clubs, estates and trusts.

Visa CheckCard is available to approved accounts and is a convenient and safe way to pay for purchases and obtain cash from ATM machines nationwide. We accept ACH debit and credit items.

Basic

• No minimum balance
• No interest paid
• 25¢ per check after first 20 items

Premier

• $3.00 charge if balance goes below $500 during statement cycle
• Earns interest
• No charge for writing checks

Investor

• No minimum balance
• Earns interest
• 25¢ per check after first 30 items
• Maintain $5,000.00 certificate of deposit or IRA (minimum 6 month term)

Golden

• No minimum balance
• Earns interest
• No charge for writing checks
• Receive social security or pension direct deposit

Business Checking Account

• $5.00 charge if balance goes below $500 during statement cycle
• 25¢ per check after first 30 items
• 25¢ per deposit after first 10 deposits
• Earns interest if eligible

Interest rates will vary depending on the current rates being paid and balance in the account. Call us for current rates.

The following features are also available for your convenience:

• Time-24-Access, our 24 hour Telephone Banking
• Debit Card – Make purchases anywhere the debit VisaCard is accepted plus make withdrawals at any ATM terminal
• Overdraft Protection from Savings
• Telephone Transfers
• Direct Deposit – Payroll, Social Security, Pension
• Automatic payments and Transfers

Checking Account Fee Schedule

Savings

Always save for a rainy day. A passbook savings account can be opened with as little as $10. Accounts with balances of $30 or more earn interest on a daily balance, compounded and paid by crediting the savings account at the end of the February quarters.

Withdrawals and deposits may be made at anytime.

The interest rate varies with the market conditions and the balance in the account and can change at any time.

Certificates of Deposit

Do you have extra funds to invest for a period of time for a higher rate of interest?  Our certificates of deposit have a variety of terms available for every investor. 

We offer 6 month, 1 year, 2 year, and 3 year accounts.  $1,000 is the minimum deposit, with rates being .25% more for $10,000 or more opening balance.