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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.

Deposit Account Rates

Rates effective as of January 1, 2022.

Account Type Daily Average Balance
 APR APY*
Savings & Club Accounts1 .05% .05%
IRA Savings Accounts1 .05% .05%
Money Market Accounts2 $2,000-$19,999 0.10% 0.10%
$20,000-$49,999 0.15% 0.15%
$50,000+ 0.20% 0.20%
Account Type Certificate
 APR APY*
Certificates, IRA Certificates & Certificate Rates3,4 6 Month Certificate 0.20% Compounded Monthly 0.20%
12 Month Certificate 0.25% Compounded Monthly 0.25%
18 Month Certificate 0.25% Compounded Monthly 0.25%
24 Month Certificate 0.30% Compounded Monthly 0.30%
36 Month Certificate 0.40% Compounded Monthly 0.40%
48 Month Certificate 0.50% Compounded Monthly 0.50%
60 Month Certificate 0.60% Compounded Monthly 0.60%
6 Month IRA Certificate 0.20% Compounded Monthly 0.20%
12 Month IRA Certificate 0.25% Compounded Monthly 0.25%
18 Month IRA Certificate 0.25% Compounded Monthly 0.25%
24 Month IRA Certificate 0.30% Compounded Monthly 0.30%
36 Month IRA Certificate 0.40% Compounded Monthly 0.40%
48 Month IRA Certificate 0.50% Compounded Monthly 0.50%
60 Month IRA Certificate 0.60% Compounded Monthly 0.60%
Member Loyalty Bonus Certificate Rates5
Home Loans +.10%
Consumer Loan or Visa® Credit Card +.15%
  • * Annual Percentage Yield
  • 1 $50.00 Minimum balance is required to earn dividends
  • 2 $2,000.00 Minimum balance is required to earn dividends. Unlimited withdrawals. No fees. No term restrictions
  • 3 $500.00 Minimum balance is required to earn dividends
  • 4 Rates are subject to change without notice. Annual Percentage Yield (APY) assumes that dividends remain on deposit for the length of term. We may impose a penalty if you withdraw funds from your account before the maturity date.  For all accounts, the amount of the early withdrawal penalty is based on the term of your account.  The penalty schedule is as follows:
  •           Terms 12 months or less — 90 days’ dividends
  •           Terms 13 to 35 months — 180 days’ dividends
  •           Terms 36 months or longer — 365 days’ dividends
  • 5 May be combined to a maximum of .25% increase above quoted rates