Looking for an option to the savings option with a predictable high rate of return? Our Certificates and Individual Retirement Accounts (IRAs) are the perfect place to grow your hard earned savings.
Enjoy earning a guaranteed rate of return over a fixed term that meets your needs.
- Interest guaranteed for a set term
- $1,000 minimum deposit
- Flexible terms from 6 months to 60 months
- Jumbo certificates are available for balances over $100,000
- Certificate secured loans are available
- At PFCU, you can add to any share certificate at any time as long as the deposit is at least $1,000
*Members who close Certificate Accounts prior to maturity are assessed penalties.
Our IRAs are a powerful and safe retirement savings account offering either tax-deferred or tax-free earnings growth. Our IRAs can be opened as a Variable IRA with a minimum opening balance of $100 or as an IRA Certificate with a minimum balance of $1,000 with terms from 6 to 60 months.
Traditional IRA
This tax-deferred savings plan is an excellent way to save for retirement through convenient periodic deposits.
- Contributions may be tax-deductible
- Earnings grow tax-deferred
- Rollover funds from a traditional qualified retirement plan to our Traditional IRA
Roth IRA
A Roth IRA gives you the ability to invest your after-tax dollars today, let the investment grow, and withdraw your principal and earnings tax-free after five years.
- No mandatory distribution age
- No taxes or penalties on qualified withdrawals
- Tax-free earnings
Coverdell ESAs
A smart savings option for those saving for a child's elementary and secondary school education. Formerly known as the Education IRA, this savings program has been revised to offer more tax-advantaged education benefits.
- Distributions are tax-free and penalty-free when used for qualified education purposes
- Annual contribution limit is $2,000 per child
- Contributions are non-deductible
- Earnings are tax-deferred
For applicable fees please see our Fee Schedule.