FAQ Category: Other
How do I sign up for Round Up To Win?
To enable Round Up To Win, call 844-700-7328 or visit a branch. Once set up, your debit card purchases will automatically round up, and the extra change will be deposited into your Save to Win® Savings...
Continue ReadingWhat is the Round Up To Win program?
Round Up To Win allows you to round up your debit card purchases to the nearest dollar and automatically save the change into your Save to Win® Savings Account. Each time you save $25, you earn an entry for a chance to win exciting cash...
Continue ReadingAre the prizes guaranteed?
Prizes are drawn randomly, and winning is based on the number of entries. There’s no guarantee of winning, but the more you save and the more entries you earn, the better your chances! Read the official Save to Win® Savings Promotion Raffle...
Continue ReadingIs there an age requirement to participate?
You must be 18 years old or older to participate in the Save to Win® programs and Round Up To...
Continue ReadingCan I participate in all three Save to Win programs?
Yes! You can open a Save to Win® Savings Account, a Save to Win® Certificate of Deposit, and enroll in the Round Up To Win program to maximize your chances to win and grow your...
Continue ReadingWhat is a Money Market Savings Account?
A Money Market Savings Account is a type of savings account that generally offers higher interest rates than regular savings accounts. It also has some checking account features, like limited check...
Continue ReadingHow is a Money Market Account different from a regular savings account?
Money Market Accounts typically offer higher interest rates and allow for limited check writing or transfers, making them more flexible for larger balances than standard savings...
Continue ReadingWhat is the minimum balance required to open a Money Market Savings Account?
At People Driven Credit Union, the Money Market Savings Account requires a minimum deposit of $1,000 to...
Continue ReadingHow often is interest compounded and paid?
Interest on a Money Market Account is calculated daily based on the account balance and is paid and compounded monthly, allowing your savings to grow...
Continue ReadingIs there a limit on withdrawals or transfers?
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Continue ReadingCan I write checks from my Money Market Account?
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Continue ReadingAre Money Market Savings Accounts safe?
Yes, funds in Money Market Accounts at People Driven Credit Union are Federally insured to at least $250,000 by the NCUA and backed by the full faith and credit of the United States...
Continue ReadingAre there fees associated with Money Market Accounts?
Fees may apply if minimum balance requirements are unmet or the number of allowable transactions is exceeded. For more details, refer to the fee schedule provided by People Driven Credit...
Continue ReadingHow can I open a Money Market Savings Account?
You can open a Money Market Savings Account by visiting People Driven Credit Union in person, filling out the forms online, or, if you're a current PDCU member, using the MyPDCU app to open your...
Continue ReadingWhat is an IRA Variable Rate Savings Account?
An IRA Variable Rate Savings Account is a retirement savings option that offers tax-advantaged growth with a flexible, variable interest rate. This account can be opened as a Traditional, Roth, or Educational IRA, depending on your tax and savings...
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