Open a Health Savings Account (HSA) with TFCU

Open a Health Savings Account (HSA) with Tropical Financial Credit Union (TFCU) today and earn 3.00% APY plus other benefits like less taxes and more control of your healthcare spending.

A HSA is a savings account for members of the South Florida Credit Union who are enrolled in a High Deductible Health Plan (HDHP). The HSA allows you to pay for current healthcare expenses and save for future medical expenses.

Opt-In for Overdraft Protection or Say Goodbye to Overdraft Fees

Effective August 15, 2010 Tropical Financial Credit Union will no longer pay overdrafts on ATM or debit card transactions unless you opt-in for overdraft protection. This is a result of recent regulatory changes to consumer accounts.

The good news is this means the end of overdraft fees! Instead of TFCU paying for your overdraft and charging you a fee, your transaction will simply be declined if you have not opted in for overdraft protection.

A great way to protect yourself against overdrafts and embarrassing declines is to link your checking account to your savings account. Whenever you overdraw your checking account, TFCU will automatically transfer money from your savings account to cover the transaction, without charging a fee.

Establishing New Credit with a Credit Card

While the task of establishing credit can seem daunting while sitting at square one, there are a few things you can do to begin the process of establishing credit in your name.

Here are some tips for establishing credit:

1. Start by putting utilities in your name.
2. Open a checking and savings account with a financial institution and keep them in good standing. This will encourage your financial institution to consider you as a credit card applicant.
3. Pay your bills on time and keep overall debt low.
4. If you choose to open department store credit cards, use them to establish credit only. Purchase one item per month and pay the entire balance off monthly.