A savings account is required for membership at Public Service Credit Union. Once you open a savings account with just $5 you become a member and you’re eligible for all the other products and services we offer.
ROUND UP SAVINGS
Save your change every time you use your debit card with Round Up Savings! How it works: Every time you use your debit card, the transaction will be rounded up to the nearest dollar, and at the end of the day, the increased amount from each of your transactions will be transferred from your checking account into your Round Up Savings account as a single transaction. The program is FREE and the round-up transfer will only happen if you have extra funds at the end of the day; it won’t overdraw your account. Stop in or call the Credit Union to sign up or for more information.
Special Savings accounts allow you to save money in a separate account from your regular savings. You can name your own account so you know exactly what you’re saving for.
Open a Christmas account and set aside some extra money for the holidays. You can set up automatic transfers into your Christmas account each month to help your Christmas savings grow. Withdrawals can be made from October 1st to January 31st.
With a $1000 opening deposit, our Funds Manager account allows you to save money and earn a higher rate of return than our regular savings accounts. The account is tiered so the more you save the more you can earn.
Share Certificates are a great way to earn more interest on your money. With a minimum opening deposit of $1000 you can lock in a rate for a term of 3-60 months. Certificates can be set up to automatically renew or be transferred into another account at maturity.
Our Payroll Certificate is designed to help you start saving money. You decide the amount you want to save and we’ll automatically transfer it from your direct deposit. With a Payroll Certificate you’ll earn a higher interest rate than regular savings and your money is held for up to a year to help you save.
You can put the money from your Individual Retirement Account (IRA) into a certificate to earn a higher interest rate. With terms from 3-60 months we have the right certificate for all your needs.
At Public Service Credit Union we know how important it is to save for the future. Whether you’re saving for your retirement or your children’s education, we can help you prepare financially.
A Traditional IRA provides you with up-front tax advantages as you save for retirement. With the tax deduction and lower taxable income, a Traditional IRA is a great way to maximize your current and future income!
Deposits made into a Roth IRA are after-tax contributions. The tax benefit comes at retirement age when earnings are withdrawn tax-free. A Roth IRA gives you an easy and safe way to save for your future.
A Coverdell Educational Savings Accounts allows parents to save for their child’s education with tax-free earnings. The money in an ESA can be used for elementary, secondary and college expenses including tuition, books, school supplies and more. Start saving for your child today!
IRA & ESA
Money from your IRA or ESA can be put into an IRA or ESA certificate to earn a higher interest rate. The rate and terms are the same as our share certificates. They can be set up to automatically renew or be transferred back at maturity.
E-Notices are a faster way to learn about what’s happening to your account. Why wait for the mail when you can receive your notices electronically the same day? With e-notices you’ll get an email about a new alert in your online banking for things like:
- Insufficient Funds (NSF)
- Overdraft Transfers
- Overdraft Protection
- Late Payment Notices
- Certificate Renewals
Subscribe to e-Alerts to receive notifications about your account by email or text. Get an alert when your account goes above or below a balance, when an ACH is deposited or withdrawn, or when your loan payment is due. Customize e-Alerts to fit your needs.