SAVINGS

SAVE > SAVINGS

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    • Savings Accounts
      At PCT Federal Credit Union your savings account establishes you as a member and shareholder. Your initial $5 minimum deposit enables you and your family to take advantage of all of our products and services as well as secures membership for life.
    • Money Markets
      Want to capitalize on your earnings while maintaining flexibility? A money market account could be the perfect option for you! With a $2,000 minimum balance, this higher yield account can help you maximize your savings. This is a tiered rate account and interest is based on your balance.
    • Certificates
      Certificates offer higher rates with terms ranging from 6 to 60 months. These accounts require only a $500 minimum deposit and are a great way to lock in rates for a specific term. Member loyalty bonus incentives are available.
    • IRAs
      It’s never too early to start saving for your retirement. We offer Individual Retirement Accounts (IRAs) that allow you to save for your future or your children’s education. PCT Federal Credit Union provides both IRA certificates and savings accounts for Traditional, Roth, and Coverdell Education Savings Accounts. Consult with a tax professional or financial planner to determine if you are eligible and which option would be most beneficial for your retirement and savings needs.
 
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Deposit Rates

Rates effective as of October 4th, 2022

Account TypeAPY*Interest RateMin Balance to EarnMin Balance to Open
Membership Savings0.10%0.10%$25.00$5.00
Christmas Club0.10%0.10%$25.00$10.00
Vacation Club0.10%0.10%$25.00$10.00
High Yield Savings10.25%0.25%$0.01 – $9,999.99$10.00
My Reward Savings22.00%1.98%$0.01 – $3,000.00$10.00
0.10%0.10%$3,000.01
Money Market30.10%0.10%$0.01 – $1,999.99
0.15%0.15%$2,000.00 – $9,999
0.20%0.20%$10,000 – $24,999
0.25%0.25%$25,000 – $49,999
0.25%0.25%$50,000 – $74,999
0.30%0.30%$75,000 – $99,999
0.30%0.30%>$100,000
Certificates of Deposit (CD) 
3 Month Special41.50%1.50%$500.00
6 Month Special41.75%1.75%$500.00
9 Month Special42.00%2.00%$500.00
12 Month Special42.125%2.125%$500.00
18 Month Special43.00%3.00%$500.00
24 Month Special43.50%3.50%$500.00
60 Month Special43.00%3.00%$500.00
3 Month 0.25%0.25%$500.00
6 Month 0.35%0.35%$500.00
9 Month 0.35%0.35%$500.00
12 Month 0.35%0.35%$500.00
18 Month 0.50%0.50%$500.00
24 Month 0.75%0.75%$500.00
30 Month 2.00%1.98%$500.00
36 Month 2.00%1.98%$500.00
48 Month 2.00%1.98%$500.00
60 Month 2.00%1.98%$500.00
Individual Retirement Account (IRA)
12 Months Traditional/Roth IRA CD Special42.50%2.47%$500.00
15 Months Traditional/Roth IRA CD Special3.00%2.96%$500.00
18 Months Traditional/Roth IRA CD Special3.25%3.20%$500.00
24 Months Traditional/Roth IRA CD Special3.75%3.68%$500.00
12 Months Traditional/Roth IRA CD 0.45%0.45%$500.00
18 Months Traditional/Roth IRA CD0.60%0.60%$500.00
24 Months Traditional/Roth IRA CD 0.85%0.85%$500.00
36 Months Traditional/Roth IRA CD 2.25%2.23%$500.00
48 Months Traditional/Roth IRA CD2.25%2.23%$500.00
60 Months Traditional/Roth IRA CD2.25%2.23%$500.00
*Annual Percentage Yield (APY) effective 10.1.2022.

1 Annual Percentage Yield (APY) as of 10.18.2021, but may vary after account opening, is subject to change and is based on daily balances. Rates may change throughout the month and will affect the monthly interest payment. Fees may reduce earnings. Accounts cannot be accessed using ATM or Debit Card. $10,000 minimum opening deposit is required.

2 2.00% APY will be paid on the balance in your account up to $3,000. An interest rate of 0.10% will be paid on the remaining balance in your account that exceeds $3,000. For example a $3,000.01 balance in your account will earn 2.00% APY and a $4,000 balance in your account will earn 1.53% APY. $5.00 minimum deposit to open. One My Reward Savings per person and must be linked to My Reward Checking. Rates may change after account opening. Funds earn dividends from the first business day of deposit and are compounded and paid monthly.

3 Money Market: Account: Minimum opening deposit $2,000.00; minimum balance of $2,000.00 to avoid $5.00 monthly fee.

4Certificate rate specials apply to new accounts opened after October 3rd, 2022. Existing certificates will renew at the normal rate.

*Annual Percentage Yield (APY) effective 10.1.2022. Rates subject to change after account opening. Fees may reduce earnings.

CD: Federal Regulations require a substantial penalty on funds withdrawn prior to maturity for all Certificate of Deposit (CD) accounts. Fees could reduce earnings on the account. Please see PCT’s Truth in Savings for Certificates of Deposit. 3, 6, 9, 12, 15, 18, and 24 Month CD Specials cannot be combined with any other offer. To satisfy this requirement, an additional $5,000 in external funds must be added to transfers from existing PCT accounts. All CDs that roll over upon maturity will earn the base rate of interest in effect at that time. CD Specials roll into a standard CD product with a comparable term.

*Annual Percentage Yield (APY) effective 10.1.2022. Rates subject to change after account opening. Fees may reduce earnings.
Federal Regulations require a substantial penalty on funds withdrawn prior to maturity for all Certificate of Deposit (CD) accounts. Fees could reduce earnings on the account. Please see PCT’s Truth in Savings for Certificates of Deposit. 12, 15, 18, and 24 Month CD Specials cannot be combined with any other offer. To satisfy this requirement an additional $5000.00 in external funds must be added to transfers from existing PCT accounts. All CDs that roll over upon maturity will earn the base rate of interest in effect at that time. CD Specials will roll into a standard CD with a comparable term.