High-Yield Savings Accounts (HYSA)
Our new High-Yield Savings Account (HYSA) empowers you to grow your savings faster—safely, securely, and with the personal service you expect from us. Whether you’re planning for the future, building an emergency fund, or simply looking for a smarter way to save, a HYSA gives your savings the boost they deserve.
- Enjoy a significantly higher dividend rate compared to a standard savings account—helping your balance grow faster without added risk.
- Whether you’re saving for travel, education, or simply building a stronger financial foundation, your HYSA keeps you on track.
- Receive a $250 reward after 3 months of an active checking account (*active checking account means 5+ transactions monthly for over 3 months)
High-Yield Savings (HYSA)
- Higher dividend rates
- Accelerated growth on deposits
- No minimum balance requirements
- Ideal for both everyday savers and strategic planners
Traditional Savings
- Standard dividend rates
- Slower long-term growth
- Best for basic savings needs
Savings Account
PFCU’s Personal Savings Account gives you the option to earn a competitive rate of return on the excess cash.
- $20 minimum balance to open
- No Dollar limit on deposits and withdrawals
- Dividends are paid quarterly
Platinum Rewards Checking Account
Platinum Rewards Checking offers peace of mind with built-in financial protection, smart discounts, and everyday savings for a nominal fee.
- No minimum balance requirement
- Complimentary VISA® Debit Card with access to over 45,000 ATM locations
- Complimentary access to your account via over 5,000 shared branching credit union locations nationwide
- Earn interest on balances over $500
- IDProtect®
- Cellular Telephone Protection
- Accidental Death & Dismemberment Insurance
- Debit Advantage®
- Travel, Leisure, and Movie Ticket Discounts
- Health Discounts
- $hopping Rewardsâ„¢
- Telehealth Services
Platinum Simple Checking Account
Platinum FCU’s No Hassle Personal Checking is simple to use with no minimum balance, no monthly fees, and free digital banking tools.
- No minimum balance requirement
- Complimentary VISA® Debit Card with access to over 45,000 ATM locations
- Complimentary access to your account via over 5,000 shared branching credit union locations nationwide
Youth Checking Account
Platinum FCU’s Youth Checking Account earns interest with no minimum balance, no monthly fees, and free digital banking—perfect for young members learning to manage money.
- No minimum balance requirement
- High interest rates
- Complimentary VISA® Debit Card with access to over 45,000 ATM locations
- Complimentary access to your account via over 5,000 shared branching credit union locations nationwide
- Eligibility starts at 12 years old
Student Checking Account
Platinum FCU’s Student Checking is a smart, hassle-free account that earns interest, has no minimum balance or monthly fees, and includes free digital banking —designed for students on the go.
- No minimum balance requirement
- High interest rates
- Complimentary VISA® Debit Card with access to over 45,000 ATM locations
- Complimentary access to your account via over 5,000 shared branching credit union locations nationwide
Youth Savings Account
Platinum FCU’s Youth Savings Account offers a high interest rate with no monthly fees—an effortless way to help kids grow their savings faster.
- $20 minimum balance to open
- No minimum age limit on eligibility
- No dollar limit on deposits and withdrawals
- Dividends are paid quarterly
College Savings Account
PFCU College Savings Accounts are NCUA-insured up to $250,000 and do not lose value like 529 equity options. They earn monthly interest equal to the 3-year CD rate from the prior year. Click here for details and a comparison with ESA Coverdell and 529 plans.
Certificate Account
Platinum FCU Certificate Accounts offer fixed returns, flexible terms, and competitive rates for safe, reliable growth.
- Short-Term Certificate: For members wanting a quick return on their investment, generally payable or reaching maturity within a relatively brief time, usually less than one year.
- Long-Term Certificate: For members wanting to invest their money for longer than one year, generally receiving a higher rate of return.
- There is an early termination fee if you choose to withdraw funds before maturity.
Money Market Account
Platinum FCU’s Money Market Account offers tiered, competitive rates and flexible access—ideal for growing your savings while staying liquid.
- Tiered interest rates
- No monthly fee with minimum balance of $1,000
- Sweep options available – Easily move excess funds between accounts to optimize cash flow and maximize earnings
Traditional IRA (Individual Retirement Account)
Traditional IRAs offer long-term savings with tax-deductible contributions, providing security and potential tax savings.
- Can be opened and funded without any employer participation
- Contributions and/or earnings are tax-deferred until retirement
- Completely flexible as there is no minimum contribution in any year
- While early withdrawals may be subject to a penalty, certain exceptions allow you to access funds without this penalty. These include but are not limited to:
- First-time home purchase (up to $10,000)
- Qualified higher education expenses
- Certain unreimbursed medical expenses
- Health insurance premiums during unemployment
- Disability
- Substantially equal periodic payments (SEPP)
- Qualified birth or adoption expenses
- For more information about a Traditional IRA, visit the IRS website
Roth IRA (Individual Retirement Account)
Roth IRA s provide tax-free growth and withdrawals for qualified need s—ideal for long-term, flexible family savings.
- The money you contribute to a Roth IRA has already been taxed.
- Roth IRAs enable the money you contribute to grow tax deferred. If you do not withdraw any of the earnings until you have had the IRA for at least 5 years and have a qualifying event, those earnings become tax-free.
- There is no 70½ year age limit on making contributions. You do, however, need earned income (same definition as for Traditional IRAs). As long as you satisfy those requirements, you may contribute to a Roth IRA even after the year in which you reach 70½.
- To be considered qualified, the withdrawal must meet both of the following:
- The Roth IRA has been open for at least 5 years
- The distribution is for one of these qualified reasons:
- Age 59½ or older – Regular retirement withdrawals
- First-time home purchase – Up to $10,000 lifetime limit (for the account holder or certain family members)
- Disability – If the account holder becomes permanently disabled
- Death – Distributions made to beneficiaries after the account holder’s passing
- Qualified birth or adoption expenses – Up to $5,000 per child
- Substantially equal periodic payments (SEPP) – Under IRS Rule 72(t)
- Education expenses (only penalty-free, not tax-free) – Withdrawn before 59½ (earnings may be taxed, but penalty can be waived)
- For more information about a Roth IRA, visit the
IRS website.
Auto Loan
Home Lending
Digital Banking
High Yield Savings Accounts
Credit Cards
Wire Transfers