Products

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.

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. Dividend 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 90 day, 6 month, 1 year, 18 month, 2 years or 3 years in a savings certificate. 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. Club Accounts We offer both Christmas and Vacation Clubs.   T he Christmas Club pays out the second Tuesday of October.  Vacation Club pays out the second Tuesday of June.  No withdrawals allowed. Kids Club Little Peoples Federal Credit Union 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. Click here to find out what our current savings account rates are on the savings products listed above.

CHECKING Regular Share Draft/Checking Accounts : Free starter checks Checks offered at a reasonable price No per check fee -Free Visa check card Unlimited check writing Optional Overdraft Protection to cover potential overdrafts ($3.00 Fee) No monthly minimum balance Monthly statement to document account activity (includes all other accounts) E-Statements are now available Re-order checks online Business Share Draft/Checking Account: Must show proper documentation such as a business license or operating permit linking member with the business name to authorize a DBA (doing business as) checking account Non-interest bearing No monthly minimum balance No per check fee No monthly service charge Free Visa check card Unlimited check writing Optional overdraft protection to cover potential overdrafts ($3.00 Fee) Monthly statement to document account activity (includes all other accounts) Reorder checks online Click here to find out what our current checking accout rates are. Click here to check out our checking account fees.

IRAs Peoples Federal Credit Union offers two investment plans to choose from: 1.  IRA Savings - We offer Traditional, Roth and Coverdell Educational      -Dividends are compound daily and posted monthly. 2.  IRA Certificates - We offer 1-, 2-, and 3-year Traditional and Roth IRA Certificates.      $1000 minimum deposit.      Dividends are compounded daily and posted monthly.      Penalty for early withdrawals After the certificate is opened, the dividend rate is fixed for the term. Click here for more information on your IRA options. Click here to find out what our current IRA rates are. . .

LOANS Auto (New and Used) Home Mortgage Home Equity Share Secured Consumer Property Home Furnishings Electronics & Appliances Boat RV Click here to find out what our current loan rates are.

INSURANCE We offer the following types of insurance here at your credit union... NCUA Credit Disability Joint Loan Loan Life Accidental Death and Dismemberment Cancer