Credit Union Account Options

Towpath Credit Union offers a wide variety of savings options to fit your financial needs. Learn more about our offerings below, or stop by your local branch to open an account today.


Membership Share Savings Account

Your deposit of $5 or more into a Towpath Credit Union Share Savings account not only establishes your lifetime membership, it also gives you the opportunity to take advantage of additional Towpath Credit Union financial services.

Share Savings Special Account

Special share savings accounts are perfect for setting aside a little bit each month and keeping it away from your Regular Share account. Whether you're trying to save for vacation or just want an emergency fund, a sub-account makes it easy.

Holiday Savings

A sub-account for that special time of year. Don’t be caught out in the cold when the post-holiday bills arrive. Plan ahead with a Towpath Credit Union Holiday Savings account. Accounts are disbursed automatically into your checking account in early October which gives you plenty of time to get your shopping done.

Health Savings Account

If you are covered under a high-deductible health plan, you may be eligible for a Health Savings Account (HSA) with Towpath Credit Union!

With a Towpath Credit Union HSA, you may be able to take advantage of tax-free employer contributions, tax deductible member contributions, and tax-free distributions if used for qualified medical expenses.

**We use information from ChexSystems as a reference for membership.**

*Please note: Minimum deposit for above accounts is $5. Minimum balance to earn dividends is $50. Fees may reduce earnings on accounts. Dividends will be forfeited if account is closed before accrued dividends have been credited.


Share Certificates

Share Certificates

For smart saving, it's tough to beat a Towpath Credit Union Term Share Certificate! Our competitive dividend rates ensure that your money is working its hardest for you.

For the current rates, scroll down.


Individual Retirement Accounts

Towpath Credit Union offers several ways to save for the future with individual retirement accounts (IRA). Each IRA type has its own benefits. Please call or stop by and we will be happy to explain more about these accounts so that you can make the right decisions for you and your family.

Traditional IRA

  • Earnings are tax-deferred (no taxes until withdrawn)
  • Contributions may be tax deductible*

Roth IRA

  • Earnings are pre-taxed and withdrawals are tax-free if the account is open for five tax years and withdrawals are for a qualified reason (age 59½, disability, death, or a first-time home purchase**).
  • Contributions are not tax deductible
  • You can withdraw regular contributions at any time, tax-free and penalty-free

IRA Share Certificates

Earn higher dividends on funds in your IRA by transferring it to an IRA Share Certificate. Click here for current Share rates.

*Not intended as tax advice. Please consult a tax professional.

Checking and Money Market​ and Money Market

Everyday Checking

  • No Opening Deposit Required
  • No Monthly Service Fee
  • No Minimum Balance Requirement
  • MasterCard Debit Card
  • Online Banking, Mobile App, and Remote Deposit

Relationship Checking

  • No Opening Deposit Required
  • No Minimum Balance Requirement
  • MasterCard Debit Card
  • Online Banking, Mobile App, and Remote Deposit
  • First Order of Checks (48) Free
  • All Check Orders 50% Discount
  • Free Official Checks and Money Orders
  • First Overdraft or Non-Sufficient Funds Fee Automatically Refunded Once Per Year
  • $10 Monthly Fee, Waivable  by meeting any two of the following:
    • An open loan or credit card account with Towpath Credit Union
    • Direct Deposit into one of your share (deposit) accounts with Towpath Credit Union 
    • $5,000 total in all of your share (deposit) accounts with Towpath Credit Union.

Everyday Money Market

  • No Opening Deposit Required 
  • No Minimum Balance
  • Check-Writing Privileges
  • $2,000.00 Minimum to earn dividends.
  • Tiered-Dividend Rates on Entire Balance.


Youth and Teen Accounts

Youth Accounts

Towpath Credit Union is proud to offer two great options for those in our communities under the age of eighteen to join the credit union and begin the responsible use of credit union accounts. 

Early Savers Membership Savings (Ohio Transfers to Minors Act Account)

The Early Savers Membership Savings follows the Ohio Transfers to Minors Act framework and is offered for all minors under the age of eighteen. With these accounts, a person over the age of eighteen acts as custodian for the funds in the account, while they are owned by the minor. The custodian is responsible for making sure the funds in the account are used for the benefit of the minor.  At an age designated by the custodian, between 18 and 25, the custodian is responsible for delivering the funds to the beneficiary at that time. 

Teen Membership 

The Teen Membership is a joint account-ownership that allows teens fifteen years or older to establish their first credit union accounts with an adult as a joint-signer. This Membership comes standard with a savings account, but a checking account, debit card, and other products and features may be added at the direction of the adult. 




Towpath Debit Card

MasterCard Debit Card

Your Towpath Credit Union MasterCard Debit Card works like a check and gives you the convenience of a credit card.

  • Use it anywhere MasterCard is accepted
  • Doubles as your ATM card
  • Faster than writing a check
  • Safer than carrying cash
  • Easy to keep track of your purchases
  • All transactions are listed on your checking account statement

Debit Card Help

  • For assistance (other than setting up a Debit Card PIN) please contact the credit union at 330-664-4700 during credit union hours.
  • For 24/7 assistance with your Debit Card, please call 1.833.371.8987.
  • To set up or change your PIN, please call  1.888.891.2435.

Deposit Rates*

Rates below effective as of October 13th. 2022.
Rates may change without notice. 
Account Type APY**
Share Accounts
Membership Savings 0.05%
Special Savings/Club Accounts 0.05%
IRA Savings 0.10%
Everyday Money Market  
$2,000 - $24,999   0.50%
$25,000 - $74,999  0.55%
$75,000 +               0.65%
Term Share Certificates ($500 minimum)
6 Month Share Certificate 4.50%
13-Month No-Penalty 1.05%
1 Year 0.10%
2 Year 2.50%
3 Year 0.20%
4 Year 0.25%
IRA Share Certificates ($500 minimum)
1 Year 0.10%
2 Year 2.50%
3 Year 0.20%
4 Year 0.25%
5 Year 0.25%


*Minimum deposit for above accounts is $5 unless otherwise stated. Minimum balance to earn dividends for share accounts is $50 and $500 for share certificates unless otherwise stated. Fees may reduce earnings on accounts. Dividends will be forfeited if account is closed before accrued dividends have been credited. Early withdrawal penalties apply on Share Certificates. Rates are subject to change at any time and without notice.

**APY – Annual Percentage Yield.