Specialty Accounts

Everyone can use a little help preparing for what’s down the road. Whatever you’re saving for – big or small – our great rates and specialty accounts can help you do it.

specialtyPeeps

Specialty Accounts

healthSavingsAccount

Health Savings Account

This account, and the interest it earns, can be used tax-free to pay premiums, co-pays, deductibles and other expenses. It can also be used to establish savings for future expense.


Fees

None


Minimum Balance

None


 

Features

  • $50.00 minimum deposit to open the account
  • Unlimited check writing
  • HSA Funds can be rolled over from year to year
  • Checks can be written from the HSA for qualifying medical expenses
  • Dividends are compounded daily and are calculated on the daily balance when the balances reach or exceed $50

Open a Health Savings Account



custodial-Putma

Custodial/Pautma Accounts

Saving big for someone little? Manage and oversee their savings and have something special to give them when they’re legally eligible.


Fees

None


Minimum Balance

$5


 

Features

  • The Custodian is the only person permitted to transact business on the account. He or she is responsible for transferring funds to the minor when the minor reaches age 21.
  • A successor custodian can be named by the Custodian at any time. 
  • The minor’s Social Security number is reported to the Internal Revenue Service. Tax advice should be secured from the IRS by the Custodian prior to opening this account.
  • Dividends on UTMA accounts are considered income to the minor for federal income tax purposes.

Open a Custodial/ Pautma Account



estateAccount

Estate Account

A legally-appointed executor or administrator of an estate may open an estate account to settle the financial matters of a deceased person.


Fees

None


Minimum Balance

$5


 

Features

  • Two checking accounts to choose from: Free Checking and Better Checking
  • Federal insurance up to an aggregate of $250,000 on all accounts

Open a Estate Account



trustAccounts

Trust Account

Whether your goal is to ensure the wellbeing of a child or a senior citizen, a family member or a friend, these accounts are designed to act on your behalf.


Fees

None


Minimum Balance

$5


 

Features

Here are some other features available to you.

  • May have all share accounts (excluding IRAs, HSAs and Loans), regular savings certificates and an ATM or PFCU Check Card
  • Separately insured by NCUA

Open a Trust Account

Trustee/Trustor must complete a membership card along with a request to open a Trust Account and provide a copy of the Trust Agreement.




ioltaAccount

IOLTA Account

Interest from these accounts is pooled to provide civil legal aid and support improvements to the justice system.


Fees

None


Minimum Balance

$5


 

Features

Here are some other features available to you.

  • You can make withdrawals at any PFCU branch.
  • Deposits may be made at any PFCU branch.
  • Free monthly statements available by mail and electronically through Teller Net.

Open a  IOLTA Account




applepay_450x230_11_16mobilebanking_450x230