Credit union · NCUA insured
Carolinas Telco Federal Credit Union Savings Rates
Top CarrotCarolinas Telco Federal Credit Union’s best savings rate is 2.02% APY on $10,000, with its High Yield Savings. Rates checked October 22, 2026.
How Carolinas Telco Federal Credit Union’s savings rates compare
Compared with banks and credit unions near Charlotte, NC-SC, where Carolinas Telco Federal Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Carolinas Telco Federal Credit Union
2.02%APY
- Requires
- None
- Minimum
- $100
- Earns on $10,000 a year
- $202
Trust Savings
Top rate
American Pride Bank
5.00%APY
- Requires
- Monthly account activity
- Minimum
- $50
- Earns on $10,000 a year
- $500
2nd-highest rate
Skyla Credit Union
4.01%APY
- Requires
- None
- Minimum
- $25
- Earns on $10,000 a year
- $401
Carolinas Telco Federal Credit Union savings score
89
Savings score
Higher than 90% of U.S. banks and credit unions
- $1,000 balance$1,0002.02%
- $10,000 balance$10,0002.02%
- $100,000 balance$100,0002.02%
- QualifiedQualified2.02%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Carolinas Telco Federal Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Trust Savings
2.02%APY
Trust account. Dividends calculated by average daily balance method, compounded and credited monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceMinimum opening deposit $100.00.Any balance | 2.02% | $202 | Minimum opening deposit $100.00. |
Sources (2)
All captured Oct 4, 2026
Prime Share Savings
0.05%APY
Foundation of CTFCU membership. Par value of one share is $5.00. Dividends calculated by average daily balance method, compounded and credited monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and up$5.00/month fee if minimum daily balance of $5.00 is not met. Minimum balance of $5.00 to earn stated APY.$5 and up | 0.05% | $5 | $5.00/month fee if minimum daily balance of $5.00 is not met. Minimum balance of $5.00 to earn stated APY. |
Sources (4)
- ctelco.org/savings
- ctelco.org/savings-rates
- ctelco.org/savings/prime-share-savings
- ctelco.org/wp-content/uploads/…ule-September-5-2026.pdf
All captured Oct 4, 2026
Special Share Savings
0.05%APY
No stated min balance to avoid fee or earn APY. Same dividends as Prime Share. Dividends calculated by average daily balance method, compounded and credited monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceMinimum balance to avoid fee null. Minimum balance to earn APY null.Any balance | 0.05% | $5 | Minimum balance to avoid fee null. Minimum balance to earn APY null. |
Sources (4)
- ctelco.org/savings
- ctelco.org/savings-rates
- ctelco.org/savings/special-share-savings
- ctelco.org/wp-content/uploads/…ule-September-5-2026.pdf
All captured Oct 4, 2026
Special-purpose accounts
High Yield Savings
2.02%APY
Must be a CTFCU member in good standing. Available for personal, estate, trust, minor, and business accounts. Tiered interest rates based on average daily account balance. Limited to 6 monthly transactions; $1.00 fee per transaction beyond limit (ATM withdrawals and online banking transfers not included in limit). CTFCU checks and bill pay are not offered.
| Balance | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $100 – $100,000$15.00 monthly service fee if minimum average daily balance of $1,000.00 is not maintained. Earns 2.00% dividend rate / 2.02% APY on balances $100.00 to $100,000.00. | 2.02% | $202 | $15.00 monthly service fee if minimum average daily balance of $1,000.00 is not maintained. Earns 2.00% dividend rate / 2.02% APY on balances $100.00 to $100,000.00. |
| Over $100,000$15.00 monthly service fee if minimum average daily balance of $1,000.00 is not maintained. Earns 2.50% dividend rate / 2.53% APY on balances $100,000.01 or greater. | 2.53% | — | $15.00 monthly service fee if minimum average daily balance of $1,000.00 is not maintained. Earns 2.50% dividend rate / 2.53% APY on balances $100,000.01 or greater. |
Sources (4)
- ctelco.org/high-yield-savings
- ctelco.org/savings
- ctelco.org/savings-rates
- ctelco.org/wp-content/uploads/…ule-September-5-2026.pdf
All captured Oct 4, 2026
Estate Savings
2.02%APY
Available for qualified estate administrators/executors to settle an estate for a deceased CTFCU member. Requires death certificate, court documentation of qualification, and TIN/EIN. Maintain $5.00 minimum balance. Debit card and online access. Dividends calculated by average daily balance method, compounded and credited monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upMinimum opening deposit of $5.00. Minimum average daily balance of $5.00 required to earn stated APY. No fee if minimum balance is not met stated in fee schedule.$5 and up | 2.02% | $202 | Minimum opening deposit of $5.00. Minimum average daily balance of $5.00 required to earn stated APY. No fee if minimum balance is not met stated in fee schedule. |
Sources (4)
- ctelco.org/savings
- ctelco.org/savings-rates
- ctelco.org/savings/estate-accounts
- ctelco.org/wp-content/uploads/…ule-September-5-2026.pdf
All captured Oct 4, 2026
Christmas Club
1.76%APY
Withdrawal limitations apply. Early withdrawal penalties result in automatic closure. Transferred to Prime Share Savings or Checking in first week of November.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $200 and upMinimum balance $200.00 required to earn APY.$200 and up | 1.76% | $176 | Minimum balance $200.00 required to earn APY. |
Sources (4)
- ctelco.org/savings
- ctelco.org/savings-rates
- ctelco.org/savings/christmas-club
- ctelco.org/wp-content/uploads/…ule-September-5-2026.pdf
All captured Oct 4, 2026
Health Savings
0.25%APY
For individuals participating in a qualified High Deductible Health Plan (HDHP) to save pre-tax for qualified healthcare expenses. Visa HSA debit card access with no account set-up fees and no monthly administrative fees. Not eligible for joint ownership. Dividends calculated by average daily balance method, compounded and credited monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceNo minimum opening deposit, no minimum balance to avoid a service fee, and no minimum balance to earn stated APY. No monthly administrative fees.Any balance | 0.25% | $25 | No minimum opening deposit, no minimum balance to avoid a service fee, and no minimum balance to earn stated APY. No monthly administrative fees. |
IRA Savings
0.25%APY
Available as Traditional or Roth IRA Savings accounts. Allows contributions to be made at any time without term limitations. Dividends calculated by average daily balance method, compounded and credited monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceMinimum opening deposit of $50.00. No minimum balance to avoid a service fee or earn stated APY.Any balance | 0.25% | $25 | Minimum opening deposit of $50.00. No minimum balance to avoid a service fee or earn stated APY. |
Vacation Savings
0.25%APY
No stated min balance to avoid fee or earn APY. Dividends calculated by average daily balance method, compounded and credited monthly.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceMinimum balance to avoid fee null. Minimum balance to earn APY null.Any balance | 0.25% | $25 | Minimum balance to avoid fee null. Minimum balance to earn APY null. |
Sources (4)
- ctelco.org/savings
- ctelco.org/savings-rates
- ctelco.org/savings/vacation-savings
- ctelco.org/wp-content/uploads/…ule-September-5-2026.pdf
All captured Oct 4, 2026
Who can join Carolinas Telco Federal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, worship, or attend school within designated underserved zip codes in Mecklenburg County (NC), Wake County (NC), Gaston County (NC), or Richland County (SC) are eligible for membership.
Employers and groups
- Employees of participating Select Employer Groups (S.E.G.) in North Carolina and South Carolina are eligible for membership.
Family and household
- Immediate family, household members, friends, and co-workers qualify for membership when referred by a current CTFCU member.
Other ways
- Members or persons affiliated with eligible partner associations or cooperatives (such as NC Consumers Council, CWA locals, IBEW Local 379, First in Families of North Carolina, No Grease Barber School, Temple Chapel Baptist Church, or SC Telecommunications and Broadband Association) are eligible for membership.
Cost to join
- An initial share deposit of $5.00 to open a Prime Share Savings Account is required to establish and maintain membership.
Membership information collected October 4, 2026.