Category: Accounts
The Rule of 72
How long will it take your money to double? You do not need a financial calculator to get a quick estimate. The Rule of 72 is a simple formula that shows how time and compound growth can work together. How Long Will It Take Your Money to Double? The calculation takes only a few seconds. Divide 72 by the annual ...
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How Bank Accounts Work
If you are searching for how bank accounts work, the easiest way to understand them is to start with what each account is meant to do. Checking accounts are built for everyday spending. Savings accounts help you set money aside. Money Market Accounts and High-Yield Money Market Accounts may be a good fit when you want to keep access to ...
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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.
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7 Overdraft Tips to Avoid Fees
Overdraft fees are frustrating. They usually show up when money is already tight, which makes them even more annoying. Overdraft Tips can help you avoid frustrating fees, especially when money is already tight and every dollar matters. The good news is that a few simple habits can help you avoid overdrawing your account. Whether you use the MyPDCU app, online ...
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5 Ways to Save Money Every Month
When you try to Save Money Every Month, it doesn’t require a spreadsheet obsession or a “no fun allowed” lifestyle. It’s usually a handful of small, repeatable habits that keep more cash in your account—month after month. 5 Ways to Save Money Every Month Simple habits that lower your monthly costs without making life miserable. 1) Pay Yourself First (Automatically) ...
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How to Build an Emergency Fund (and Why It’s Important)
An emergency fund is the financial equivalent of keeping a spare tire in the trunk. You don’t plan to use it… But when you need it, you really need it. Whether it’s a car repair, an unexpected medical bill, a home maintenance surprise, or a temporary loss of income, an emergency fund helps you handle life’s “plot twists” without leaning ...
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Save to Win® + Round Up to Win: Build Your Savings (and Get Chances to Win Cash Prizes)
Saving money is a good habit. It’s also… not exactly a thrill ride. Build your savings with Save to Win® rewards the habit of saving with chances to win cash prizes, without risking your savings. (See official rules for details.) At People Driven Credit Union, you’ve got three ways to build your savings. People Driven Credit Union is federally insured ...
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Understand APY and How It Can Grow Your Savings
If you’ve ever opened a savings account, CD, or money market account, you’ve likely seen the term “APY.” But what does it really mean, and why does it matter for your savings growth? Understanding APY can help you make smarter choices about where to keep your money and how to earn more over time. To truly understand APY, keep reading. ...
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Why Open a CD with People Driven Credit Union?
If you want your money to grow without market mood swings, a Certificate of Deposit (CD) is the classic, no-nonsense choice. Why should you open a CD at People Driven Credit Union (PDCU), you’ll get competitive rates, simple terms, and the peace of mind that comes with NCUA insurance, plus a local team that actually cares about our members. What ...
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Amazon Cashback+, September 19th-21th, 2025 earn 25%
Your Amazon cashback+ weekend just got better. From September 19–21, earn 25% cashback on a single Amazon purchase (up to $200 back) when you buy through CashBack+ Pay. Haven’t downloaded the app yet? Now’s the time. Get Amazon cashback+ Pay and link your People Driven Credit Union account. How to get your 25% Amazon cashback+ 1. Open the CashBack+ Pay ...
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