Over 50 years of service.

Share Savings & Deposits

CheckingSavings_Savings

Share Savings:

  • In credit union language, this is your savings account.
  • The credit union requires a $5.00 deposit to your primary savings account, which remains on deposit to insure your membership privileges.
  • 
Dividends are compounded daily and paid monthly.

Share Certificates – $1,000 minimum deposit:

  • Dividends are compounded daily and paid monthly.
  • Choose to have dividends posted to your savings account, an interest check mailed to you monthly, or re-invest dividends in your certificate.
  • Member may invest in a 6 month, 1 year, 18 month, 2 years or 3 years in a savings certificate.
  • To view rates yielded for each term, please see our rates.
  • Penalty for early withdrawals.
  • After certificate is opened, the dividend rate is fixed for the term.

Money Club Accounts:

  • Tiered dividend accounts, paying higher rates the more you have in it.
  • Minimum opening balance is $5,000.
  • Dividend is paid on average daily balance paid monthly.

Christmas & Vacation Club Accounts:

  • We offer both Christmas and Vacation Clubs.
  • Christmas Club pays out the second Tuesday of October.
  • Vacation Club pays out the second Tuesday of June.
  • No withdrawals allowed.

Club Accounts for All Ages:

  • Lil’ Punkin’ Savings Account is a kids club for ages newborn to 4. Dividends are compounded daily and paid monthly. For details, check here.
  • Little Peoples Savings Account is a kids club for ages 5 to 12. Dividends are compounded daily and paid monthly. Works just like a share savings account, but rewards are given for saving.
  • Motivation Savings Club is savings account for ages 13 to 17.
    Dividends for this account are also compounded daily and paid monthly.
    Special share certificate minimums and more are available for the youngsters who participate in
    these special club accounts.

At Peoples Federal Credit Union, your savings are federally insured to at least $250,000 by the National Credit Union Administration, an agency of the U.S. government.