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 Prime Share Account
This is your basic savings account. To keep your membership you must maintain $25 in this account. Eligible accounts are paid quarterly dividends.
Checking
Choose the checking account that best fits your lifestyle--Basic, Advantage or Advantage Plus. Dividends are paid to qualifying accounts along with other benefits like:
- VISA Check Card (debit card)
- Discounts on merchandise with Shoppers Advantage
- Medical Emergency Data Card to protect you in emergency situations
- Child ID Network Safety Service
- Up to 50% savings when you travel
Christmas Club
You earn quarterly dividends on $100 and above. A check for your accumulated savings plus dividends is mailed to you in October.
Special Clubs for Members of All Ages
Individual Retirement Accounts
With this no set-up and no maintenance fee account, you can invest up to $4,000 a year in an IRA, depending on your eligibility*. The interest you earn is not taxed until you withdraw your investment.
* Please consult with your tax advisor for information regarding IRA eligibility and penalties for early withdrawal.
Certificate of Deposit
Invest in a CD at a fixed rate for up to 24 months. Check out our current rates.
Money Market Accounts
Earn a higher rate while still having limited access to your funds. Maximum number of all withdrawals or transfers per calendar month is limited to six (6) withdrawals. Withdrawals can be any combination of check withdrawals, over the counter, home banking or ACH. Maximum number of withdrawals by check per calendar month is limited to three (3) withdrawals. You must maintain a minimum average daily balance of $2,500 in your account to obtain the disclosed annual percentage yield. Check out our current rates.
Life Savings Insurance
We provide life-savings insurance at no cost. This plan offers each eligible member life insurance which matches your share account balance from $1,000 up to $2,000. The matching is tripled for members between the ages of six months and 40 years old.
Financial Management
Located in our Main office is a Postal Federal Financial Services representative who provides no cost personal financial management service to help our members organize their financial affairs and plan for the future. Call the Main office for an appointment. Postal Federal Financial Services also sponsors free seminars in several areas of financial planning.
Investments are not CUNA insured, not credit union guaranteed and may lose value. Registered Representative, Securities offered through Cambridge Investment Research, Inc. a Broker/Dealer, Member NASD/SIPC, CFG and PFCCU are not affiliated with Cambridge.
AmeriVest -Discount Brokerage Service
If you do not need trading advice as much as you need a trading service, we've got the answer for you - AmeriVest®, Inc. AmeriVest is a provider of discount brokerage services offered through your credit union.
With AmeriVest you can trade stocks, bonds, mutual funds, options and debt securities. Settlement for your trades are handled electronically through your checking or prime share account at the credit union. Trades can be done by:
- Internet
- Touchtone telephone
- Fax
- Broker-assistance
AmeriVest also offers these services:
- Margin/Option Accounts
- Trust Accounts
- Dividend Reinvestment on selected stocks
- Annual Reports and Proxy Statements
- Free quotes and company news on the Internet
Your commission savings over broker-assisted trades can be as much as 60% over full-cost brokerage firms and less than other well-known discount brokerage firms. If you choose to use the Internet for access, visit their web site at www.ameritradefinancial.com and trade listed stocks and NASDQ stocks for only $19.95 per transaction.
In order to use AmeriVest through your credit union, you will need to complete their account application. For an AmeriVest brochure and account application give us a call or email us at pfccu@postalfed.org today!
AmeriVest is a trade name of AmeriTrade, Inc., a registered broker/dealer and member of the NASD and SIPC. Products offered by AmeriTrade are (1) are not federally insured; (2) are not obligations of the credit union; (3) are not guaranteed by the credit union or any affiliated entity; and (4) involve investment risks, including the possible loss of principal.
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