Checking Account vs. Money Market Account
The checking account vs. money market account decision is ultimately about what you need your money to do every day.
Continue ReadingPDCU Visa Rewards Driven Credit Card vs. Store Credit Card
When a cashier asks if you want to save a percentage today by opening a store credit card, it can be hard to say no. But before you hand over your information at checkout, it is worth taking a closer look at what you are actually signing up for. The comparison between the PDCU Visa Rewards Driven Credit Card vs. ...
Continue ReadingCertificate of Deposit vs. High-Yield Money Market Account
If you are trying to decide between a Certificate of Deposit and a High-Yield Money Market Account at People Driven Credit Union, you are asking exactly the right question. Both are low-risk, NCUA-insured savings options that can earn you significantly more than a standard savings account. But they work differently, and the best choice depends on whether you want to ...
Continue ReadingMortgage Refinance vs. Home Equity Loan: Which Is Right for You?
If you are a homeowner weighing your options to access cash or lower your monthly payment, two paths come up most often: a Mortgage Refinance and a Fixed Rate Home Equity Loan. Both let you tap into the value you have built in your home. Both can save you money or give you access to funds. But they work differently, ...
Continue ReadingSigns a Scammer May Be Targeting You
Scammers work hard to win your trust, but they often give themselves away if you know what to look for. Being aware of the signs that a scammer may be targeting you is crucial for protecting yourself from potential financial or personal harm. Here are some common signs to watch out for: Unsolicited Contact: Scammers often initiate contact through unsolicited ...
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Understanding Cybersecurity: The Threat at Your Fingertips
People Driven Credit Union is committed to keeping you informed and protected against the evolving cybersecurity threats in the digital banking landscape. Today, we need to bring to your attention a cyber threat that is targeting mobile banking app users globally. What is the Cybersecurity Threat? A sophisticated malware used by various criminal groups to exploit mobile banking users. Its ...
Continue ReadingThe Basics of High-Yield Savings Accounts
High-yield savings accounts stand out from traditional savings accounts because they reward you with a higher interest rate, allowing your money to grow even faster as it sits in your account. These accounts’ interest rate is noted as APY or annual percentage yield. Your questions about High-Yield Savings Accounts answered: What Is a High-Yield Savings Account? According to the FDIC’s ...
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2023: Highlights of our Year
As 2023 comes to a close, we wanted to take a moment to reflect on the incredible year we’ve had. From community activities to branch events to helping support many charities, businesses, and organizations, here are just a few highlights from 2023! As 2023 winds down, we’re pausing to celebrate the moments, big and small, that made this year so ...
Continue ReadingDrawing the Third Winner of our Take a Joy Ride Sweepstakes
Congratulations to the Third Winner of our Take a Joy Ride Sweepstakes! People Driven Credit Union is excited to announce our third Take a Joy Ride Sweepstakes winner. This lucky PDCU member just won three months of free payments on their new boat, motorcycle, or RV loan. Watch the Third Winner of our Take a Joy Ride Sweepstakes. How ...
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