Savings / Checking
Dividend Rate - .75% as of 03/31/2017
Annual Percentage Yield - .7521%
APY accurate as of the last dividend declaration date. Prospective APY of .7521%. Rates may vary after the account is opened.
Minimum balance to open an account is $5.00. An average daily balance of $5.00 must be maintained to earn the disclosed annual percentage yield. Fees may reduce the earnings on accounts.
Fee Change Notification: Effective March 1, 2020 there will be a $30.00 fee for each check returned unpaid that was deposited to your account.
Annual Percentage Yield-.25%
APY accurate as of the last dividend declaration date. Prospective APY of .25%. Rates may vary after the account is opened
Minimum balance to open an account is $25.00. An average daily balance of $1000.00 must be maintained to earn the disclosed annual percentage yield. Fees may reduce the earnings on accounts. A $1.00 per month fee for a debit card may apply if average daily balance in checking account is less than $1000.00.
No monthly service fee-or per check fee, allows you to use more of your money for bills and other expenses.
No minimum balance-We know sometimes things get tight and it may be difficult to meet a minimum balance requirement as is frequently required by some other financial institutions.
VISA check cards-are available with your account. Whether it is used to get cash at and ATM or to make a purchase, our VISA check cards are fast and easy to use. You are allowed 10 free PIN based transaction per month, such as at an ATM. After that they are $1 each. However, you can say "credit" when making a purchase and sign your name (instead of using a PIN) as often as you like.
Overdraft Protection-Available through a transfer from savings or an overdraft protection loan. ODP may save you the expense of a returned check. There would be a $2 transfer fee instead of a $25 returned check fee.
Free online access- PCCU@Home is available through our website www.PowerCoopCU.com. When you sign up you will be able to view account balances, make transfers between savings and checking, make loan payments to the credit union, and view cleared checks, all from the comfort of your home or while traveling. View our Mobile App page for more details about the PCCU mobile app.
Check out our Fees page to learn about fees that may be associated with your account.
Christmas Club Account
Dividend Rate-will be .50% higher than the third quarter dividend rate each year.
APY accurate as of the last dividend declarations date. Rates may vary after the account is opened. The dividend rate on the Holiday account will be .50% higher than the third quarter dividend rate each year.
No minimum balance requirements apply to this account. However, all members must maintain a regular share account with a balance of at least $5.00. No withdrawals may be made from this account without closing the account. The dividend will compound and be credited annually, the balance of this account will be disbursed on or about October 31 of each year to the members regular share account. If you close your account before interest is paid, you will not receive the accrued dividend. There is a $10.00 early closure fee.