Frequently Asked Questions
How do I open a Certificate
of Deposit (CD)?
Come by one of our branches or
call one of our helpful Deposit Account Specialists for specific
instructions for other alternatives.
What are your current CD rates?
Our current deposit rates can be found on our website or you can
call one of our branches and talk to a Deposit Account Specialist.
What is the minimum opening deposit
for an Triumph Savings Bank CD?
$1,000.00
Can I make deposits to the
CD?
Additions to a CD can be made on maturity date or within the 10 calendar
day grace period.
Are there any fees to open or maintain a CD?
No.
Can I make a
withdrawal(s) from my CD before maturity?
There will be an early withdrawal penalty if any withdrawals are made
before maturity. Please call one of our Deposit Account Specialists
for more information.
When is interest posted?
Interest is accrued daily and compounded monthly or quarterly, depending
upon the term of your certificate of deposit.
How do I receive my funds at
maturity?
Bring your certificate of deposit to one of our branches or call a
Deposit Account Specialist for further instructions.
Do you offer IRA's?
Yes. We offer Traditional and Roth IRA's.
Are deposits offered by Triumph Savings Bank insured by the FDIC?
Yes, The Federal Deposit Insurance Corporation (FDIC) provides insurance on deposits in Triumph Savings Bank SSB up to the maximum amount allowable by law.
Triumph Savings Bank, SSB is chartered under the laws of the State of Texas and by state law is subject to regulatory oversight by the Texas Department of Savings and Mortgage Lending. Any consumer wishing to file a complaint against Triumph Savings Bank, SSB should contact the Texas Department of Savings and Mortgage Lending through one of the means indicated below: In Person or by U.S. Mail: 2601 North Lamar Blvd. Suite 201, Austin, TX 78705-4294. Telephone (877) 276-5550, Fax (512) 475-1505, E-mail smlinfo@sml.texas.gov
Copyright © 2011 Triumph Savings Bank, SSB