Special Term Certificates
Purdue Federal offers special certificate terms and rates to make sure you have every option to make your money grow.
Get up to .30% added to your rate (depending on your status) on Share Certificates through My Member Perks.
Accurate as of 2020-07-01
| Term | APY starting at* | Min Opening Balance | Min Earning Balance | Dividends Paid | Dividends Compounded | See Rate Sheet for Full Details |
|---|---|---|---|---|---|---|
| 7 Month Special | 0.40% | $5,000 | $500 | Monthly | Daily | Rate Sheet |
| 15 Month Special | 0.50% | $5,000 | $5,000 | Monthly | Daily | Rate Sheet |
Terms for All Certificates:
The APY means that the rate stated is actually the rate paid or earned on a yearly basis. No dividends can be paid in excess of available earnings. The methods used to determine all dividends and loan rates are established by the Rate Committee appointed by the Board of Directors.
The certificate penalty fee is the greater of $25.00 or 90 days dividends for terms less than or equal to 14 months, 180 days dividends for terms 15 months to less than 34 months, 12 months (365 days) dividends for terms greater than or equal to 34 months. Fees may reduce earnings.
*These rates show Bronze Status through the My Member Perks program. See My Member Perks for details. APY: Annual Percentage Yield
Regular Term Certificates
Let your money work for you with a Purdue Federal Share Certificate. Enjoy competitive rates and a variety of terms to fit your saving needs.
Get up to .30% added to your rate (depending on your status) on Share Certificates through My Member Perks.
Accurate as of 2020-07-01
| Term | APY starting at* | Min Opening Balance | Min Earning Balance | Dividends Paid | Dividends Compounded |
See Rate Sheet |
|---|---|---|---|---|---|---|
| 3 Months | 0.15% | $10,000 | $500 | Monthly | Daily | |
| 6 months | 0.20% | $5,000 | $500 | Monthly | Daily | |
| 9 Months | 0.30% | $500 | $500 | Monthly | Daily | |
| 12 Months | 0.30% | $500 | $500 | Monthly | Daily | Rate Sheet |
| 18 Months | 0.40% | $500 | $500 | Monthly | Daily | Rate Sheet |
| 24 Months | 0.40% | $500 | $500 | Monthly | Daily | Rate Sheet |
| 30 Months | 0.40% | $500 | $500 | Monthly | Daily | Rate Sheet |
| 36 Months | 0.65% | $500 | $500 | Monthly | Daily | Rate Sheet |
| 48 Months | 0.70% | $500 | $500 | Monthly | Daily | Rate Sheet |
| 60 Months | 0.95% | $500 | $500 | Monthly | Daily | Rate Sheet |
Terms for All Certificates:
The APY means that the rate stated is actually the rate paid or earned on a yearly basis. No dividends can be paid in excess of available earnings. The methods used to determine all dividends and loan rates are established by the Rate Committee appointed by the Board of Directors.
The certificate penalty fee is the greater of $25.00 or 90 days dividends for terms less than or equal to 14 months, 180 days dividends for terms 15 months to less than 34 months, 12 months (365 days) dividends for terms greater than or equal to 34 months. Fees may reduce earnings.
*These rates show Bronze Status through the My Member Perks program. See My Member Perks for details. APY: Annual Percentage Yield
Health Savings Certificates
Start growing your HSA balance today. Open a Purdue Federal HSA Share Certificate to help pay for medical expenses.
Accurate as of 2020-07-01
| Term | APY starting at* | Min Opening Balance | Min Earning Balance | Dividends Paid | Dividends Compounded | See Rate Sheet for Full Details |
|---|---|---|---|---|---|---|
| 12 Months | 0.35% | $500 | $500 | Monthly | Daily | Rate Sheet |
| 24 Months | 0.45% | $500 | $500 | Monthly | Daily | Rate Sheet |
| 36 Months | 0.70% | $500 | $500 | Monthly | Daily | Rate Sheet |
Terms for All Certificates:
The APY means that the rate stated is actually the rate paid or earned on a yearly basis. No dividends can be paid in excess of available earnings. The methods used to determine all dividends and loan rates are established by the Rate Committee appointed by the Board of Directors.
The certificate penalty fee is the greater of $25.00 or 90 days dividends for terms less than or equal to 14 months, 180 days dividends for terms 15 months to less than 34 months, 12 months (365 days) dividends for terms greater than or equal to 34 months. Fees may reduce earnings.
*APY: Annual Percentage Yield
Savers' Certificates
This is a one-of-a-kind certificate that allows you to add money every month. Really increase your earning power with a Savers' Certificate.
Accurate as of 2020-07-01
| Term | Rate | APY starting at* | Min Opening Balance | Min Earning Balance | Dividends Paid | Dividends Compounded | See Rate Sheet for Full Details |
|---|---|---|---|---|---|---|---|
| 12 Months | T-Bill* +0% Margin | 0.20% | $50 | $50 | Monthly | Daily | Rate Sheet |
| 24 Months | T-Bill* +0.25% Margin | 0.45% | $50 | $50 | Monthly | Daily | Rate Sheet |
*The dividend rate can change on the first day of each month based on an index (third Monday’s U.S. 3 month Treasury Bill auction) and a margin. Minimum balance for Savers' Certificate is $50, and automatic additions of at least $50 per month are required. APY: Annual Percentage Yield
Terms for All Certificates:
The APY means that the rate stated is actually the rate paid or earned on a yearly basis. No dividends can be paid in excess of available earnings. The methods used to determine all dividends and loan rates are established by the Rate Committee appointed by the Board of Directors.
The certificate penalty fee is the greater of $25.00 or 90 days dividends for terms less than or equal to 14 months, 180 days dividends for terms 15 months to less than 34 months, 12 months (365 days) dividends for terms greater than or equal to 34 months. Fees may reduce earnings.
IRA Certificates
Enjoy the power of compounding interest with any of our IRA certificate terms. For more information or a personal consultation about IRA options, contact our Investment Services Located at Purdue Federal Credit Union.
Get up to .30% added to your rate (depending on your status) on Share Certificates through My Member Perks.
Accurate as of 2020-06-24
| Term | APY starting at* | Min Opening Balance | Min Earning Balance | Dividends Paid | Dividends Compounded | See Rate Sheet for Full Details |
|---|---|---|---|---|---|---|
| 12 Months | 0.35% | $500 | $500 | Monthly | Daily | Rate Sheet |
| 18 Months | 0.45% | $500 | $500 | Monthly | Daily | Rate Sheet |
| 24 Months | 0.45% | $500 | $500 | Monthly | Daily | Rate Sheet |
| 30 Months | 0.45% | $500 | $500 | Monthly | Daily | Rate Sheet |
| 36 Months | 0.70% | $500 | $500 | Monthly | Daily | Rate Sheet |
| 48 Months | 0.75% | $500 | $500 | Monthly | Daily | Rate Sheet |
| 60 Months | 1.00% | $500 | $500 | Monthly | Daily | Rate Sheet |
*These rates show Bronze Status through the My Member Perks program. See My Member Perks for details. APY: Annual Percentage Yield
Terms for All Certificates:
The APY means that the rate stated is actually the rate paid or earned on a yearly basis. No dividends can be paid in excess of available earnings. The methods used to determine all dividends and loan rates are established by the Rate Committee appointed by the Board of Directors.
The certificate penalty fee is the greater of $25.00 or 90 days dividends for terms less than or equal to 14 months, 180 days dividends for terms 15 months to less than 34 months, 12 months (365 days) dividends for terms greater than or equal to 34 months. Fees may reduce earnings.
For full disclosures, please see Guide to Member Services, Rate Sheet and Fee Schedule
Checking Accounts
Try our free checking with no monthly fees. Balances over $1,000 may earn dividends.^
Accurate as of 2020-07-01
| Tier | APY starting at* | Min Opening Balance | Min Balance to Earn Dividends | Dividends Paid | Dividends Compounded | See Rate Sheet for Full Details |
|---|---|---|---|---|---|---|
| Sensible Checking | 0.05% | $0 | $1,000 | Monthly | Monthly | Rate Sheet |
| Student Checking | n/a | $0 | $1,000 | n/a | n/a | Rate Sheet |
| Merit Checking | n/a | $0 | $1,000 | n/a | n/a | Rate Sheet |
| Health Savings Checking | 0.05% | $25 | $1,000 | Monthly | Monthly | Rate Sheet |
*APY:Annual Percentage Yield. The APY means that the rate stated is actually the rate paid or earned on a yearly basis. No dividends can be paid in excess of available earnings. The methods used to determine all dividends and loan rates are established by the Rate Committee appointed by the Board of Directors. The rate may change after the account is opened.
^Balances over $1,000 may earn dividends for Gold and Diamond Status through the My Member Perks program. See My Member Perks for details.
For full disclosures, please see Guide to Member Services, Rate Sheet and Fee Schedule
Savings Accounts
Purdue Federal offers several types of savings accounts to help you with your saving goals.
Accurate as of 2020-07-01
| Saving Accounts | APY starting at* | Min Opening Balance | Min Balance to Earn Dividends | Dividends Paid | Dividends Compounded | See Rate Sheet for Full Details |
|---|---|---|---|---|---|---|
| Main Share Savings | 0.05% | $5 | $5.01 | Monthly | Monthly | Rate Sheet |
| Special Savings | 0.05% | N/A | $5.01 | Monthly | Monthly | Rate Sheet |
| Non-Interest Savings | N/A | $5 | N/A | N/A | N/A | Rate Sheet |
Money Markets
Earn higher dividends without sacrificing access to your funds.
Accurate as of 2020-07-01
| Money Markets | APY starting at* | Min Opening Balance | Min Balance to Earn Dividends | Dividends Paid | Dividends Compounded | See Rate Sheet for Full Details |
|---|---|---|---|---|---|---|
| $0-$7,499 | 0.05% | $5.01 | $5.01 | Monthly | Monthly | Rate Sheet |
| $7,500-$24,999 | 0.10% | $2,500 | $7,500 | Monthly | Monthly | Rate Sheet |
| $25,000-$99,999 | 0.20% | $2,500 | $25,000 | Monthly | Monthly | Rate Sheet |
| $100,000 - $249,999 | 0.25% | $2,500 | $100,000 | Monthly | Monthly | Rate Sheet |
| $250,000+ | 0.35% | $2,500 | $250,000 | Monthly | Monthly | Rate Sheet |
IRA Money Markets
Liquidity partnered with the tax-deferred or tax-free earnings of an IRA can help boost your nest egg. For other great IRA options, schedule an appointment with an advisor from Investment Services located at Purdue Federal Credit Union.
Accurate as of 2020-07-01
| Money Markets | APY starting at* | Min Opening Balance | Min Balance to Earn Dividends | Dividends Paid | Dividends Compounded | See Rate Sheet for Full Details |
|---|---|---|---|---|---|---|
| $0-$7,499 | 0.10% | $5.01 | $5.01 | Monthly | Monthly | Rate Sheet |
| $7,500-$24,999 | 0.15% | $25 | $7,500 | Monthly | Monthly | Rate Sheet |
| $25,000-$99,999 | 0.25% | $25 | $25,000 | Monthly | Monthly | Rate Sheet |
| $100,000 - $249,999 | 0.30% | $25 | $100,000 | Monthly | Monthly | Rate Sheet |
| $250,000+ | 0.40% | $25 | $250,000 | Monthly | Monthly | Rate Sheet |
*APY: Annual Percentage Yield. The APY means that the rate stated is actually the rate paid or earned on a yearly basis. No dividends can be paid in excess of available earnings. The methods used to determine all dividends and loan rates are established by the Rate Committee appointed by the Board of Directors.
For full disclosures, please see Guide to Member Services, Rate Sheet and Fee Schedule
This credit union is federally insured by the