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Savings & Loan Rates

Rates are effective as of today and are subject to change

  • Savings Rates

    Savings Rates

    • Minimum Balance to Earn Dividend

      Dividend Rate

      APY²

      $100 and over 0.010% 0.01%

      Explore Savings Accounts

    • Term

      Minimum Balance

      Dividend Rate

      APY²

      CD Special - 9 mth $500 3.941% 4.00%
      CD Special - 16 mth $500 4.063% 4.13%
      6 Month $500 2.624% 2.65%
      6 Month Jumbo $25,000 2.673% 2.70%
      1 Year  $500 2.722% 2.75%
      1 Year Jumbo $25,000 2.771% 2.80%
      1 Yr SuperJumbo $100,000 2.820% 2.85%
      1 Year Save to Win $25 2.673% 2.70%
      1 Year Youth $25 4.426% 4.50%
      2 Year $500 2.231% 2.25%
      2 Year Jumbo $25,000 2.280% 2.30%
      3 Year $500 2.231% 2.25%
      3 Year Jumbo $25,000 2.280% 2.30%
      4 Year $500 2.477% 2.50%
      4 Year Jumbo $25,000 2.526% 2.55%
      5 Year $500 2.477% 2.50%
      5 Year Jumbo $25,000 2.526% 2.55%

      Explore Certificates of Deposit

    • High Yield Money Market Account Rate

      ³New money required to qualify for this rate. Only new funds transferred from external sources to the credit union qualify for this promotion.

      Minimum Deposit

      Dividend/Interest Rate

      APY²

      $10,000 and above³ 3.687% 3.75%

      Explore High Yield Money Market Accounts

      Money Market Plus Account Rates

      ³New money required to qualify for this rate. Only new funds transferred from external sources to the credit union qualify for this promotion.

      Minimum Deposit

      Dividend/Interest Rate

      APY²

      $1,000 to $2,499 0.349% 0.35%
      $2,500 to $9,999 0.499% 0.50%
      $10,000 to $24,999 0.598% 0.60%
      $25,000 to $49,999 1.094% 1.10%
      $50,000 to $99,999 1.144% 1.15%
      $100,000 to $249,999 1.243% 1.25%
      $250,000 and above 2.960% 3.00%

      Explore Money Market Plus Accounts

    • ³New money required to qualify for this rate. Only new funds transferred from external sources to the credit union qualify for this promotion.

      Minimum Deposit

      Dividend/Interest Rate

      APY²

      $1,000 to $4,999 0.349% 0.35%
      $5,000 to $24,999 0.499% 0.50%
      $25,000 and above 1.094% 1.10%

      Explore Money Market IRA Accounts

    • Minimum Deposit

      Dividend/Interest Rate

      APY²

      $100 0.499% 0.50%

      Explore Escrow Savings Accounts

    • ³New money required to qualify for this rate. Only new funds transferred from external sources to the credit union qualify for this promotion.

      Type

      Minimum Deposit

      Dividend/Interest Rate

      APY²

      Traditional $100 0.350% 0.35%
      Roth $100 0.350% 0.35%
      Educational $100 0.350% 0.35%

      Explore IRA Variable Rate Savings Accounts

  • Loan Rates

    Loan Rates

    • Extended Auto Loan Special: Rates as low as 4.99% APR* for up to 72 months. Offer ends at midnight on July 31, 2025. Learn more about our Extended Auto Loan Special.


      Auto loan rates for new & 5 years or less used cars, trucks, SUVs, & vans:

      Term

      (Months)

      ≤36

      37-48

      49-60

      61-72

      APR*

      as low as¹

      5.24% 6.30% 6.30% 6.75%

      Explore Auto Loans

    • Extended Auto Loan Special: Rates as low as 4.99% APR* for up to 72 months. Offer ends at midnight on July 31, 2025. Learn more about our Extended Auto Loan Special.


      Rebuilt & Salvage Title Auto Loan Rates: Add an additional 2% to the member’s qualifying rate for used vehicles.

      Auto loan rates for used cars, trucks, SUVs, & vans older than 5 years. Add 3.00% to applicable rate on loans with collateral that is 10 years old or older.

      Term

      (Months)

      ≤36

      37-48

      49-60

      61-72

      APR*

      as low as¹

      5.64% 6.80% 6.80% 7.20%

      Explore Auto Loans

    • For cars 26 Years or older. Must have appraisal by licensed appraiser.

      Term

      (Months)

      ≤36

      37-48

      49-60

      61-72

      APR*

      as low as¹

      7.64% 8.80% 8.80% 9.20%

      Explore Classic Car Auto Loans

    • Loan and financing rates for motor homes, campers, boats, motorcycles, ATVs and snowmobiles. Add 1.00% to applicable rate on loans with collateral that is 11 to 15 years old. PDCU may consider doing a loan with collateral that is older than 15 years (on an exception basis only), in which case 2.00% would be added to applicable rate.

      Term

      (Months)

      ≤60

      61-84

      85-120

      121-180

      APR*

      as low as¹

      7.04% 8.25% 8.70% 9.50%

      Explore RV Loan Options


    • For today’s fixed or adjustable first mortgage loan rates, call (248) 263-4148 or use this quick (one-minute) form to get a Personalized Mortgage Quote. Down payments are required.


      For today’s fixed or adjustable first mortgage loan rates, call (248) 263-4148 or use this quick (one-minute) form to get a Personalized Mortgage Quote. Down payments are required.

      Explore Mortgage Loans


    • For 2nd homes add 2%, for investment properties add 2.5%

      LTV <80%

      Term

      (Months)

      ≤60

      61-120

      121-180

      181-240

      APR*

      as low as

      7.29% 7.90% 8.65% 8.90%
      LTV >80-90%

      Term

      (Months)

      ≤60

      61-120

      121-180

      181-240

      APR*

      as low as

      7.79% 8.40% 9.15% 9.40%
      LTV >90-100%

      Term

      (Months)

      ≤60

      61-120

      121-180

      181-240

      APR*

      as low as

      8.29% 8.90% 9.65% 9.90%

      Explore Fixed Term Home Equity Loans


    • For 2nd homes add 2%, for investment properties add 2.5%

      LTV

      (Months)

      ≤80%

      >80-90%

      >90-100%

      APR*

      as low as

      7.25% 8.00% 8.75%

      Closing Fee

      $275 $275 $275

      Processing Fee

      $200 $200 $200

      Payment

      Interest Only Interest Only Interest Only

      Minimum

      $50 $50 $50

      Explore Home Equity Lines of Credit

    • Term

      (Months)

      ≤36

      37-60

      61-72

      73-84

      APR*

      as low as¹

      10.44% 12.55% 13.75% 14.75%

      Explore Personal Unsecured Loans

    • Loan Amount

      Term

      (Months)

      APR*

      as low as

      $500-$999 12 24.71%
      $1000-$1500 12 24.71%
      $1501-$2000 12 24.71%

      Explore PD Quick Cash Options

    • Card Type

      Visa Rewards Driven Credit Card

      Minimum Payment

      3% of Balance, $30 Minimum

      Term Rate (APR*)

      as low as

      13.50%

      Intro Rate (APR*)

      First 6 Months

      3.99%

      Explore Credit Card Options

    • Type

      Minimum Payment

      APR*

      Line of Credit/Overdraft Protection (ODLOC) 3% of Balance, $30 Mininum 13.55%

      Explore Lines of Credit & Overdraft Protection

    • Secured Loan

      Max Term

      (Months)

      APR*

      as low as

      Share Covered 84 5.25%
      Credit Builder Loan (Max $2,000) 18 13.00%
      CD Secured Loan (No Money Market, IRA, or Club Accounts) 84 APY + 3.50%
      5.25%

      Explore Personal Secured Loans

Disclosures

Membership Requirement:

All accounts and loans require membership at People Driven Credit Union. Membership is available to individuals who live, work, worship, or attend school in the State of Michigan, as well as relatives of current members. To complete an application for any account or loan, you will need the following information:
  • A valid Driver's License, State ID, or Passport with your current address
  • Your Social Security Number
A Membership Share Savings Account is required to establish membership at People Driven Credit Union. A $5 deposit secures your ownership share in the credit union and unlocks access to our full suite of products and services. This account earns 0.01% APY with a $5 minimum deposit.

Savings Rate Disclosures

People Driven Credit Union savings are federally insured to at least $250,000 by the NCUA and backed by the full faith and credit of the United States Government. Rates are effective as of today and are subject to change at any time. Penalties apply for early withdrawal. View our Privacy Policy and read our disclaimer regarding links to other sites.

²APY = Annual Percentage Yield. This yield assumes that interest remains in the account until the maturity date. Please note that withdrawals and fees may reduce earnings. Additionally, this offer is subject to change or discontinuation at any time.

Early Withdrawal Penalties:

  • For CDs with a term of 6 months or less: Loss of 30 days’ interest

  • For CDs greater than 6 months or up to 12 months: Loss of 90 days’ interest

  • For CDs greater than 12 months: Loss of 180 days’ interest

To open a six-month CD, the minimum deposit is $500, with a maximum of $250,000. For Jumbo CDs, the minimum deposit required is $25,000.

³New Funds Requirement: This promotional offer is valid only for new funds transferred from an external source to People Driven Credit Union.

Loan Rate Disclosures

¹Special Loan Rate Discount: You can benefit from a 0.25% rate reduction simply by enrolling in our AutoPay service. This discount is already reflected in the “as low as” rate we advertise. To qualify, you must have Direct Deposit (from payroll, Social Security, or retirement income) and AutoPay set up from a People Driven Credit Union checking or savings account.

*APR = Annual Percentage Rate. Your actual APR and loan terms depend on credit approval and may vary based on creditworthiness, loan amount, and collateral type, value, age, and condition, if applicable. All rates are current as of today but are subject to change without notice.

Payment Example: Borrowing $1,000 at 6.55% APR for 60 months would result in monthly payments of approximately $20.00.

E H L.People Driven Credit Union is an Equal Housing Opportunity Lender NMLS #776727
All other trademarks are the property of their respective owners.