FAQ Category: Other
What’s the minimum I need to deposit into a CD?
People Driven offers multiple CDs starting from just a $25 minimum! Please reach out to us at 248-263-4100 if you have any interest in a CD or check out our CD...
Continue ReadingWhat’s a CD, and how would you explain it to kids?
Think of a CD (Certificate of Deposit) like a special piggy bank at People Driven Credit Union. You put your money in our big piggy bank, promise to leave it there for one year, and when the year is up, we give you all your money back plus extra money...
Continue ReadingIs there a penalty if we need the money early?
Early withdrawal penalties may apply and could reduce earnings. Ask us for current terms before...
Continue ReadingCan a Youth CD make a good gift?
Absolutely. Parents and grandparents often open Youth CDs for birthdays, holidays, or special milestones. While kids might not fully appreciate the gift right away, the value grows over...
Continue ReadingWhy choose a Youth CD over a savings account?
A Youth CD earns a higher rate and helps teach the value of setting money aside for a specific period of time—building patience and healthy saving...
Continue ReadingWho can open a Youth CD?
Youth CDs are available for members under 18. A parent, guardian, or custodian must be listed jointly on the...
Continue ReadingCan we keep adding money?
Yes! You can make additional deposits anytime until the CD...
Continue ReadingHow long is the term?
The Youth CD is a one-year certificate. At the end of the year, you can renew it or withdraw the...
Continue ReadingHow much do I need to open a Youth CD?
Just $25 is all it takes to get started. You can make additional deposits anytime until the CD...
Continue ReadingHow do I use Cashback+?
How to get started with Cashback+ Open Your MyPDCU Mobile App Open your MyPDCU Mile App, and locate the CashBack+ widget on your dashboard. Click Get Started. Choose the "Offers" Button From the four buttons below your balance,...
Continue ReadingWhen should I update my plan?
Review after major life events (marriage, birth/adoption, home purchase, beneficiary changes) or every 1–2...
Continue ReadingHow do I get the 20% member discount?
Use our partner link from this page. The discount is applied at...
Continue ReadingWhat can I create with Trust & Will?
Members can create a Will, a Trust-based plan, and related documents such as a financial power of attorney and healthcare directives, depending on the package...
Continue ReadingIs this legal advice?
No. People Driven Credit Union does not provide legal advice. Trust & Will offers online tools to help you create estate planning documents. If your situation is complex, consider consulting a licensed...
Continue ReadingCan I open additional accounts later?
Yes. You can open additional savings or checking accounts online, nickname them for specific goals, and set up automatic...
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