Savings & Checking

Becoming a Member of the Proctor Federal Credit Union is simple! Take advantage of PFCU’s member benefits by applying for a Share (Primary Savings or Minor Savings) account. There are no fees for an active savings account—just keep the $25 minimum balance in your account at all times ($5 for Young Investors). As a Member of PFCU, you may have access to our free Online Banking, Mobile App, Audio Home Banking, additional services including free online Bill Pay, and more! Select the Apply for Membership link below or on our Home page. Applying for membership in person is always welcomed (appointments recommended).

See Membership Qualifications

Apply for Membership

Share Accounts (Savings)

• $25.00 minimum balance required
• No membership fees
• Dividends paid quarterly on balances over $100
• See Rates for the current APY^*
• ATM Card available
• Account required to open other services

Club Accounts

• Easy to open – over the phone, in person, choose Open an account in the Mobile App or choose New Account when accessing your Online Banking
• Allows you to save for something special
• No minimum balance
• Dividends paid quarterly on balances over $100
• See Rates for the current APY^*

Christmas Club Account

• Easy to open – over the phone, in person, choose Open an account in the Mobile App or choose New Account when accessing your Online Banking
• Transfers to your savings account November 1st each year
• No minimum balance
• Dividends paid quarterly on balances over $100
• See Rates for the current APY*

Share Draft Accounts (Checking)^**

• For Members under age 55 – free with $100 balance maintained throughout the month ($2 per month service charge if balance drops below $100)
• Free for Members 55 years and older – no minimum balance
• Business Checking - $5 per month service charge
• Automatic Overdraft Transfers from Primary or Minor Savings account to Checking account if needed.
• May apply for additional coverage with an Overdraft Protection loan or by opting in to our Courtesy Pay Overdraft service – your options explained here
• Free access to Online Bill Pay
• Free Mastercard ATM/Debit Card^*** with free use of over 38,000 MoneyPass surcharge-free ATMs nationwide

Certificates of Deposit

• Minimum balance required is $1,000 ($100 for Young Investors)
• Terms available:
  • 182 days
  • 1 Year
  • 2 Years
  • 3 Years
  • 4 Years
  • 5 Years
• See Rates for current APY*

IRA Accounts

• Accounts available for Traditional and Roth IRAs
• Funds can be held in an IRA Club Account or in an IRA Certificate of Deposit
• Dividends pay at the current Rate of the account type holding the funds

Special Programs

Young Investors Club

• Dividends paid quarterly on balances over $100.00
• See Rates for the current APY^*
• FREE gift when an account is opened
• Entry into a prize drawing during May Membership Month each year

Senior Members Age 55 – Elite

• FREE - No Service Charge - Checking: no minimum balance required
• $1.00 off Money Orders & Cashier's Checks

Senior Members Age 65 – Elite – Golden Spikes

• FREE - No Service Charge - Checking: no minimum balance required
• $1.00 off Money Orders & Cashier’s Checks
• FREE Checks with Direct Deposit of Paycheck

^*APY = Annual Percentage Yield
^** Approval may be subject to ChexSystems Report
^*** Replacement fee for lost cards