activities · 9
what they do
direct service · 9
- Administer education savings accounts Certificate and Share AccountsOffers Coverdell Education Savings Accounts (CESA) with a $200 minimum to open, enabling families to save for K-12 or college education expenses in a tax-advantaged account.
- Administer retirement savings accounts including Traditional, Roth, and SEP IRAs Individual Retirement and Tax-Advantaged AccountsOffers Traditional IRAs for tax-deferred retirement savings, Roth IRAs for tax-free qualified withdrawals, and SEP IRAs enabling small business owners to contribute to employee retirement plans.
- Manage money market accounts with flexible access and full insurance Low-Cost Checking & Savings AccountsOffers money market accounts with unlimited deposits, withdrawals, and transfers, no low-balance or maintenance fees, and NCUA insurance up to $250,000 per depositor.
- Offer certificate accounts with fixed returns and promotional rates Specialty Savings & Deposit AccountsProvides certificate accounts with fixed APY for set terms, monthly compounding dividends, a $500 minimum to open, and periodic promotional rates such as 3.80% APY for 4 months and 3.65% APY for 7 months.
- Offer home financing and equity-based lending products Home Equity Loans and HELOCsProvides a range of mortgage and home equity products including first mortgages, refinancing, home equity loans, and home equity lines of credit, with fixed-rate mortgage options from $60,000 to $3,000,000.
- Offer membership and savings accounts with low barriers to entry Certificate and Share AccountsProvides accessible membership through a Prime Share Account requiring only a $10 minimum to open ($5 membership fee + $5 deposit), along with a Target Savings Account requiring a $5 minimum, designed for goal-based saving such as vacations, cars, or holiday expenses.
- Provide auto financing with flexible terms and digital convenience Auto and Vehicle Loan FinancingOffers auto loans with competitive rates, APR discounts for automatic payments and long-term members, 90-day payment deferral, pre-qualification options, and mobile electronic signing of disclosures to streamline the loan process.
- Provide financial assistance during government shutdowns Emergency Food Response FundingOffers financial assistance to Department of Homeland Security employees impacted by partial government shutdowns, helping them manage financial hardships during periods of furlough or delayed pay.
- Support retirement planning through IRA conversions and rollovers Individual Retirement and Tax-Advantaged AccountsProvides IRA conversion services from Traditional to Roth IRAs without incurring IRS penalties, and facilitates direct transfers and rollovers of IRA funds between financial institutions.
strategies · 12
how they think
Theories of action extracted from this org's own source material. Click any to see the full field of orgs running the same approach.
- Automated Savings Promotion automated savingsEncourages consistent savings behavior through automation, using direct or automatic deposits to reduce friction and support steady account growth.
- Community Partnership Model for Financial Wellness community_partnership_modelBuilds long-term community partnerships to support financial wellness and local development, leveraging collaborative relationships to extend reach and impact.
- Financial Education as Empowerment financial_educationEmpowers members through financial education and knowledge-building resources, enabling informed decision-making and improved financial behaviors.
- Flexible Savings Products for Individual Timelines flexible savings productsProvides certificate terms and yields tailored to individual financial timelines, allowing members to optimize returns based on their specific goals and horizons.
- Goal-Based Savings Framework goal-based savingsUses goal-based savings accounts to help members mentally and financially separate funds for specific objectives, improving savings discipline and success.
- Homeownership Lifecycle Financing homeownership_lifecycleOffers mortgage products tailored to different stages of homeownership—from first-time buyers to long-term residents—supporting members throughout their housing journey.
- Hybrid Savings-Checking Product Design hybrid_savings_checking_productOffers money market accounts as hybrid savings-checking products with higher interest rates to combine liquidity and growth, encouraging members to save more effectively.
- Member-Focused Auto Financing member-focused auto financingUses competitive rates, expert guidance, and flexible financing options to simplify the auto loan process and reduce financial burden, improving access and affordability for members.
- Retirement Catch-Up Contributions Support retirement catch-up contributionsSupports individuals aged 50 and older with catch-up contributions, allowing higher annual contributions to retirement accounts to compensate for delayed savings.
- Tax-Advantaged Retirement Growth Strategy tax-advantaged savings growthUtilizes long-term compounding and tax-deferred growth in IRA accounts to accelerate savings, helping members maximize retirement funds through favorable tax treatment.
- Tax-Deferred Retirement Savings Pathway tax-deferred retirement savingsEnables individuals to reduce current taxable income using Traditional IRAs, deferring taxes until retirement when income may be lower, optimizing long-term savings efficiency.
- Tax-Free Retirement Savings for Low- and Middle-Income Members tax-free retirement savingsEmploys Roth IRAs to provide tax-free growth and withdrawals in retirement, particularly benefiting low- and middle-income individuals who may benefit from tax-free income later.
named programs · 16
what they call their work
Auto Loans
Competitive-rate auto financing for new and used vehicles; marketed as fast-track application process for immediate vehicle purchase
Certificate Accounts
Fixed-term savings accounts with competitive APYs, terms from 6 to 60 months, monthly compounding, and $500 minimum deposit; includes special promotional rates for short-term certificates
Coverdell Education Savings Account (CESA)
Education savings account for K-12 and college expenses; $200 minimum to open; tax-free distributions for qualified education expenses
Diamond Money Market
Money market account offering competitive APY.
Digital Banking
Top-rated mobile app and online platform for convenient banking services.
Energy Efficient Loans
Special financing for eco-friendly home improvements; supports sustainable projects while helping members reduce energy costs
Go Green Loans
Special loans designed to fund eco-friendly projects.
Government Shutdown Assistance Program
Support program for impacted Department of Homeland Security employees during government shutdowns; provides financial relief and resources
Home Equity Line of Credit
Revolving credit line secured by home equity; rates as low as 6.798% APR; flexible access to funds for major expenses
Individual Retirement Account (IRA)
No-fee Traditional or Roth IRA accounts allowing members to save for retirement with tax-deferred or tax-free growth; supports rollovers from previous employer plans and automatic funding from TCU accounts
Individual Retirement Accounts (IRAs)
No-fee Traditional or Roth IRAs to save for retirement with tax advantages.
Knowledge Base
A personal finance program designed to help individuals reach their financial goals.
Money Market Account
High-yield savings option with tiered interest rates; Diamond Money Market offers up to 3.75% APY; designed for building financial foundation with competitive returns
Partial Government Shutdown Support
Assistance program for DHS employees impacted by government shutdowns.
Prime Share Account
Primary savings account required to establish membership; $5 membership fee and $5 minimum deposit; interest-bearing with no monthly fees and unlimited transactions
Target Share Account
Interest-bearing savings account designed for specific financial goals such as car down payments, vacations, or holiday shopping; no monthly fees and unlimited transactions
relationships · 6
who they work with
- Department of Homeland Security Government — Provides financial assistance to DHS employees during government shutdowns.
- Discount Buying Program Partner — Business partner providing a connection through Travis Credit Union's Auto Finder and Discount Buying Program links.
- ICE Mortgage Technology, Inc. Partner — Provides the online mortgage application platform for Travis Credit Union.
- NCUA Government — Federally insures deposits at Travis Credit Union up to $250,000 per depositor.
- NCUA Government — Federally insures deposits up to $250,000
- TFS Financial Consultant Partner — Provides financial consulting services to members, including guidance on rolling over 401k funds.