Why pay more than you have to?
The People's Credit Union has great rates for your refinance or purchase.
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Free Kasasa Saver Account
Make saving as simple as possible — link free Kasasa Saver® to your free Kasasa Cash® or Kasasa Cash Back® checking account. We are a Federal Credit Union in Texas with locations in the Amarillo and Childress areas.
There ‘s never a monthly service fee to worry about. And when you earn cash rewards in your Kasasa® checking, those earnings transfer into Kasasa Saver. Meanwhile, Kasasa Saver pays up to 0.75% APY* on your balance.
Credit Union Savings Account
To become a member of The People’s Federal Credit Union, each member has to deposit $25 into a savings account. Our savings account used to be called “share” accounts, because when you became a member, your $25 investment was your “share” of the credit union and you actually became an owner of the credit union. If at any time you close your savings account, you get the balance in the account, plus your initial $25 investment back.
Club Savings Bank Account
A Club Account is a special savings account that you open for a specified reason to save, such as a Christmas Club Account or a Vacation Club Account. You can specify a certain amount to go into this special account each time you get paid in order to reach your savings goal.
KIRBY KANGAROO® Kids Saving Accounts
Kids from birth to 12 years of age qualify to open a KIRBY KANGAROO® Kid’s Account. It takes just a $5 deposit to start, and children get a KIRBY KANGAROO® membership card and passbook. They’re also rewarded with KIRBY KANGAROO® credits for each $5 they deposit into their account. These credits can be saved and redeemed for fun prizes so children learn the value of saving.
| Share Balance | Dividend | APY * |
|---|---|---|
| $25 to $2,500 | 0.30% | 0.30% |
| $2,500.01 to $5,000 | 0.30% | 0.30% |
| $5,000.01 to $10,000 | 0.40% | 0.40% |
| $10,000.01 to $20,000 | 0.45% | 0.45% |
| $20,000.01 & Over | 0.50% | 0.50% |
*Rates effective 1/01/2019
Accounts insured up to $250,000 on members’ cumulative deposits in share-type accounts.
IRAs are separately insured for up to $250,000.
* All rates are quoted at the Annual Percentage Yield (APY)
The minimum average daily balance required on share savings accounts is $25.00.
The dividend period is quarterly and the dividend will be credited to your account on the next day after the quarter.
The dividend rate and annual percentage yield may change at any time, as determined by the Credit Union Board of Directors.
If you close your account before dividends are paid, you will receive no dividend payment.
Dividends are calculated on an average daily balance on accounts open through the end of the quarter.
You may earn an extra .25% dividend on your primary share account when you have loans over $10,000 (excluding real estate).
Dividends are subject to change and are based upon current income and available earnings.