Features & Benefits of Our Tiered Savings Account
Dividends earned
and paid monthly
$500
to open your account
Unlimited
deposits
Deposits federally insured
by the National Credit Union Administration (NCUA)
Use as overdraft protection or loan security
Access to Digital Banking
Mobile Deposit
E-statements
What our members are saying
I've been a Police Credit Union member for three decades. I'm proud to be part of an institution that stands behind our men and women in uniform. In addition to providing excellent loan rates, The Police Credit Union has the best service online or in person.
Asad S.
My entire family has utilized the variety of different services offered at the credit union from checking, savings, loans, and home mortgages. We love the people who work there and their services they provide.
Jerry N.
Tiered Savings FAQs
-
What is a Tiered Savings Account?
A Tiered Savings Account is a type of savings account that offers different interest rates based on the balance maintained in the account. Higher balances typically earn higher interest rates.
Tiered Savings Accounts work by dividing your account balance into different tiers. Each tier corresponds to a specific range of balances, and each tier has its own corresponding interest rate. As your balance grows, you move up to higher tiers and earn more interest.
-
What is the minimum balance required to open a Tiered Savings Account?
The minimum deposit to open an account is $500. Dividend rates and yields may change after you open your account.
-
How easy is it to access my funds? Are my funds tied up in a Tiered Savings account?
Accessing your Tiered Savings funds is effortless. With no predetermined lock-in period, you have the freedom to withdraw funds at any time, penalty-free.
-
Are there any monthly fees associated with a Tiered Savings Account?
There are no monthly service fees or charges associated with our Tiered Savings Accounts.
-
Are Tiered Savings Accounts insured?
Yes, your funds are insured by the National Credit Union Administration (NCUA) up to at least $250,000 per account owner.
-
Do I need to be a member to open a Tiered Savings Account?
Yes, but you can open your account at the same time you establish your membership using our convenient online application.
Savings Account support and tools at your fingertips.
Why choose The Police Credit Union for your Savings Account?
Earn Dividends
Dividends earned with competitive interest rates, paid monthly.
No Monthly Fees
For monthly service or maintenance.
Peace of Mind
Your deposits are federally insured by the National Credit Union Administration.
Direct Deposit
Take advantage of free Direct Deposit and payroll deductions.**
We're Here to Help
Other ways to connect with us
Call us at 800.222.1391 or find a branch location, by clicking the button below.
Our LocationsMeet with us virtually
Schedule an appointment or meet a member of our Virtual Branch team from your computer, laptop, or mobile device
Visit our Virtual BranchVirtual Branch Hours
Monday - Friday: 10:00 a.m. - 5:00 p.m. PST
Saturday: 9:00 a.m. - 12:00 p.m., 12:30 p.m. - 3:00 p.m. PST
Terms & Conditions: The minimum deposit to open an account is $500. The Dividend Rate and Annual Percentage Yield are based on the entire daily balance of the account. Rates/yields may change after you open your account. Fees could reduce earnings on the accounts. Dividends will be compounded monthly and will be credited monthly. Dividends are calculated by the daily balance method, which applies a daily periodic rate to the principal in your account each day. Dividends will begin to accrue on the day you deposit cash or non-cash into the account if deposited before close of business. APY is accurate as of the last dividend declaration date, which is the last day of each month. Eligibility restrictions, terms and conditions apply, and are subject to change without notice. See About Your Accounts or contact a Member Service representative for more details and information.
**Check with your employer for availability.
External Link Alert
You are leaving our website and linking to an alternative website not operated by us. The Credit Union does not endorse or guarantee the products, information, or recommendations provided by third-party vendors or third-party linked sites.
The Credit Union is not liable for any failure of products or services advertised on those sites. Each third-party site may have a privacy policy different than the Credit Union; and the linked third-party website may provide less security than the Credit Union's website. If you click "OK", an external website that is owned and operated by a third-party will be opened in a new browser window. If you click "CANCEL" you will be returned to our website.
