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  Police and Fire Federal Credit Union Certificate of Deposit

Police and Fire Federal Credit Union Certificate of Deposit

in CD Accounts from Police and Fire Federal Credit Union · ncua

Unaffiliated

Police and Fire Federal Credit Union Certificate of Deposit

Unaffiliated

in CD Accounts from Police and Fire Federal Credit Union · Insured by NCUA

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Highlights
Minimum Opening Deposit Starting at $1,000
Certificate Term
  • 3 months
  • 6 months
  • 12 months
  • 2 years
  • 3 years
  • 4 years
  • 5 years
  • 18 months
  • 9 months
  • 15 months
  • 30 months
APY (Annual Percentage Yield) 0.3% - 1%

Police and Fire Federal Credit Union Certificate of Deposit Review

Police and Fire Federal Credit Union Certificate of Deposit is offered by Police and Fire Federal Credit Union, a credit union founded in 1938 and based in Philadelphia, PA. Police and Fire Federal Credit Union Certificate of Deposit is available in 1 state across the USA.

Key Takeaways
  • Very high APY. This account offers an annual percentage yield of up to 1%, which is much higher than the national average for a certificate account.
  • $1,000 minimum deposit. This is a typical minimum initial deposit for the certificates we track.
  • Wide selection of certificate terms. Police and Fire Federal Credit Union CD allows you to create a certificate ladder by spreading your cash across certificates with different terms. This combines the benefits of frequent access to funds and higher rates of return on your savings.
Pros & Cons of Police and Fire Federal Credit Union Certificate of Deposit
Pros Cons
  • Insured by NCUA.
  • Multiple certificate terms available.
  • High-dividend yield
  • No charge on incoming domestic or international wire transfers.
  • Only available in one state.
  • There isn't a no-penalty certificate option.
Police and Fire Federal Credit Union Certificate of Deposit FAQ

Are cd accounts from Police and Fire Federal Credit Union federally insured?

Yes, your Police and Fire Federal Credit Union cd accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

What types of CDs does Police and Fire Federal Credit Union offer?

Police and Fire Federal Credit Union CD provides the following types of CDs.
  • Traditional CDs. These CDs pay a fixed interest rate i you deposit a fixed amount of money for a specific term. Once the maturity date arrives, you have the option of cashing out or rolling over the CD for another term.
  • Jumbo CDs. A jumbo CD requires a higher minimum balance than that required by traditional CDs. In exchange, jumbo CDs pay higher interest rates.
  • IRA CDs. An IRA CD is a type of IRA that consists entirely of CDs. In general, you can invest in CDs in any IRA, but Police and Fire Federal Credit Union CD offers a CD that is specifically for retirement.

What CD rates does Police and Fire Federal Credit Union offer on its CDs?

Police and Fire Federal Credit Union CD offers an APY starting at 0.3% and ranging up to 1%. APY stands for annual percentage yield and shows the interest rate paid by the CD after taking into account compounding.

What terms does Police and Fire Federal Credit Union CD offer?

Police and Fire Federal Credit Union offers CD terms of the following lengths:
Police and Fire Federal Credit Union Certificate of Deposit Rates & Terms
Description
2-Year APY 0.7%
3-Month APY 0.3%
3-Year APY 0.8%
4-Year APY 0.9%
5-Year APY 1%
6-Month APY 0.35%
12-Month APY 0.5%
APY (Annual Percentage Yield) 0.3% - 1%

What is the minimum deposit to open a CD account with Police and Fire Federal Credit Union?

Police and Fire Federal Credit Union CD requires a minimum deposit of $1,000 to open an account.

What is the grace period for Police and Fire Federal Credit Union CD?

Police and Fire Federal Credit Union CD does not specify what their grace period is. A grace period is a period of time during which you can withdraw the money in your CD without paying an early withdrawal penalty. A grace period starts the day after a CD’s maturity date, or the final day a CD is opened. Standard CDs renew automatically at the same term if you don't withdraw your money after the grace period. Note that the new CD rates probably won’t be the same as the original.

What types of fees, such as early withdrawal penalties, does Police and Fire Federal Credit Union CD charge?

Financial institutions don't typically charge many fees on CDs. However, most charge a fee if you choose to withdraw your money before the CD term ends.

Police and Fire Federal Credit Union does not charge an early withdrawal fee.

Police and Fire Federal Credit Union does not seem to charge any of the fees we track.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

  • Headquarters
  •   901 Arch Street
    Philadelphia, PA 19107
  •   Visit Site

Hours of Operation

  • Sunday Closed
  • Monday 8:30am - 6:00pm
  • Tuesday 8:30am - 6:00pm
  • Wednesday 8:30am - 6:00pm
  • Thursday 8:30am - 7:00pm
  • Friday 8:30am - 7:00pm
  • Saturday 8:30am - 4:00pm

Other Services by Police and Fire Federal Credit Union

Availability

  Available in 1 state
Pennsylvania
Availabile in all of Pennsylvania

Feature Breakdown

Minimum Opening Deposit Starting at $1,000
2-Year APY 0.7%
3-Month APY 0.3%
3-Year APY 0.8%
4-Year APY 0.9%
5-Year APY 1%
6-Month APY 0.35%
12-Month APY 0.5%
APY (Annual Percentage Yield) 0.3% - 1%
CD Accounts
  • Traditional
  • Jumbo
  • IRA
Certificate Term
  • 3 months
  • 6 months
  • 12 months
  • 2 years
  • 3 years
  • 4 years
  • 5 years
  • 18 months
  • 9 months
  • 15 months
  • 30 months

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