As a member of Presidents Federal Credit Union, you have access to affordable financial products including savings, low cost loans, affordable checking and convenient access to your funds with ATM Debit and VISA cards. Also, you can access your account(s) 24 hours a day, 7 days a week via our Speedyline Audio Response System.
To learn more about our financial products simply scroll down this page.
SAVINGS ACCOUNTS
The first step to membership requires a minimum deposit of $5.00. To receive dividends you must maintain a balance of $50.00 for the dividend period. Once you have established a Savings Account, members of your family and your household can also become members by making a $5.00 deposit.
CHECKING ACCOUNTS
Our checking account is one of the best examples of credit union value.
- No minimum balance requirement.
- No monthly service fees
- Unlimited check writing
- Free overdraft protection from your savings account.
You can see that our Checking Account gives you flexibility without the worry of minimum balance restrictions and you'll receive an easy to read monthly statement listing all transactions.
No matter where you live, work or travel, it’s easy to manage your Presidents Federal Credit Union Checking account with convenient direct deposit, by mail, and by using worldwide ATMs.
We use a duplicate check design, which gives you a copy of every check you write for easy record keeping. We can provide a copy of a cleared check for a nominal fee.
We have many designs, styles, and an assortment of checks that will fit your budget and taste.
SHARE CERTIFICATES OF DEPOSIT
Members interested in an investment account can take advantage of a variety of competitive-yield certificates. Generally, a Presidents Federal Credit Union certificate always earns you more than a regular savings account, because you deposited a specified amount for an established period of time.
Investing in certificates is a safe, simple way to earn a competitive rate on your money. Certificate maturities vary from 6 months to 24 months. All certificates require a minimum deposit of $500.00 and there is a substantial penalty for early withdrawal. Dividends are compounded and paid quarterly on the anniversary date of the certificate.
HOLIDAY & VACATION ACCOUNTS
At least twice during the year we all have a need for some extra cash - holiday and vacation time! If you’re like most people, it isn’t always easy to set aside enough money ahead of time to cover these expenses, and we usually end up putting these cost on a high interest rate credit card.
At Presidents Federal Credit Union we have a solution to this dilemma, our Holiday and Vacation accounts. For convenient deposits, you can arrange for weekly, biweekly or monthly deposits from payroll deduction or direct deposit.
Holiday and Vacation accounts both earn dividends. These dividends are calculated by using the average daily balance and paid to the account monthly.
IRA ACCOUNTS
No matter what your age, now is the time to start planning for your financial future. An Individual Retirement Account can help you build for your retirement today through a tax-deferred savings plan. Please contact the credit union office for the latest regulations concerning this type of account.
LOANS
SIGNATURE LOANS
Presidents Federal Credit Union can provide you with the cash you need....fast! A Signature Loan is an unsecured personal loan. We have affordable Signature Loans for up to $5,000 for an individual and for up to $10,000 for qualified joint credit applicants.
Use your Signature Loan for bill consolidation, home repairs, unexpected expenses, major purchases, travel and vacation expenses. The list is endless.
VEHICLE LOANS
Searching for just the right vehicle can be very time consuming. Don’t waste additional time searching for a place to finance your vehicle. At Presidents Federal Credit Union our rates are competitive, the loan application process is quick and convenient, and the service you’ll receive is friendly and efficient.
Presidents Federal Credit Union makes borrowing from your credit union easy. We offer pre-approvals, payroll deduction, new auto dealer cost figures and trade-in values for your current vehicle. Processing time is fast; you can usually have a loan decision on the same day or within 24 hours.
New auto loans feature terms up to 72 months with 100% financing.
New Boat and RV loans feature terms up to 144 months and 100% financing.
Used autos, boats and RVs have various terms and down payment requirements depending upon the year of the vehicle being financed.
HOME EQUITY LOANS
Use the equity in your home to add a new deck and pool, fix that leaky roof, finance you children’s education, buy a new vehicle, take a dream vacation, and the list goes on. We offer fixed rate loans up to 180 months. Contact our loan department to see if our Home Equity Loan is right for you.
SHARE SECURED LOANS
You can obtain a Share Secured loan up to the total amount you have on deposit with Presidents Federal Credit Union. This is an economical way to borrow money. The rate you pay is 2% over the highest Share Dividend Rate not to exceed the lowest rate on any loan product we offer.
LINE-OF-CREDIT
We offer a Line-of-Credit loan up to $5,000. As you access your credit line, the amount available will be reduced. As you repay your loan, you available balance will increase.
COLLATERALIZED LOANS
Collateralized Loans can be used for purchase such as utility trailers and tractors that are not titled. Various terms and dollar amounts are available for various purchases. Contact one of our loan officers for complete details.
VISA CREDIT CARDS
Presidents Federal Credit Union offers three credit card products designed for with convenience in mind.
VISA CLASSIC
We offer a low fixed rate of 13.9% APR on purchases and cash advances. There is an annual fee of $15.00. You have a 25 days grace period on purchases. The maximum credit is $6,000.
VISA GOLD
The Gold card has a fixed rate of 11.9% APR on purchases and cash advances with NO annual fee. You have a 25 day grace period on purchases and a maximum credit of $9,000.
VISA PLATINUM
Truly a great value, our Platinum Card offer a fixed rate of 9.9% APR for purchases and cash advances with NO annual fee. You also have a 25 day grace period on purchases. The maximum credit is $12,000.
Check your Visa balance online at ezcardinfo.com
