Grow your savings by opening a savings account with People's Community Federal Credit Union.

Savings Accounts

Our savings accounts can help you better manage your money—and earn interest.

Five Convenient Branches:
Hazel Dell | Battle Ground | Fisher’s Landing | Vancouver Waterfront | Ridgefield

People's savings accounts have great rates with little or no fees to maintain your account, and you’ll enjoy the convenience of anywhere banking with free online, mobile and telephone banking. By opening a savings account with as little as $5, you are establishing membership with PCFCU and can take advantage of all that the credit union has to offer.

Plus, you’ll have nationwide access to thousands of surcharge-free ATMs through a shared network. Open your account today, and experience the PCFCU difference.

Carefree Savings

Your membership at People's Community Federal Credit Union begins with your Carefree Savings account. Pay your $5 membership fee, and deposit $50 into your savings account, and you're a member! And if you open any other deposit account, then all you need is to maintain $5 in you Carefree Savings account.

In addition to your membership Carefree Savings account, you can set up separate savings accounts for special purposes like vacation, emergencies, house down payment and property taxes. Make regular deposits to your Carefree Savings Account – then watch it grow and grow.

Use your Carefree Savings account for your everyday savings and banking needs.


Loyalty Savings

Loyalty Savings is a savings account unique to People's Community. Earn a high 5.00% APY* on the first $750 in your Loyalty Savings account. All you need to do is maintain a $100 minimum balance throughout the quarter in your Loyalty Checking account. And that's only if you're between the ages of 18 and 64, not required for minors or seniors.

Use your Loyalty Savings account to earn interest and save for your future.



*Annual percentage yield; subject to change. Not available for business accounts. Loyalty Savings balances greater than $750 will earn the same APY as Regular Savings Account. If Loyalty Savings requirements not met, balances earn the same APY as Regular Savings Account. Fees could reduce earnings. Only one Loyalty Savings and one Loyalty Checking account per member.

Holiday Club

You can save for the holidays all year long with your People's Holiday Club account. Just contribute a little something from every paycheck. Then, October 31 of each year, we will transfer your Holiday Club balance to your savings account.

Use your holiday club account to save for an extra special holiday or vacation.


Money Management

With this combined checking and savings account, save for those bigger purchases or accumulate funds for your future. Its variable market rate can change weekly and is usually higher than the dividend rate for Carefree Savings. You can open and maintain your money management account with just $1,000, then there's no monthly fee. That's a much lower minimum balance than at other financial institutions. Your $1,000 Money Management account earns the same rate as someone with $100,000 or more. No matter your balance, you earn the same dividend rate as everyone else. That's the People's Community way!

Use your money management account to save for your vacation or to hold your nest-egg.


IRA – Savings and Certificates

For your retirement savings, you can't beat the comfort and security of a People's Individual Retirement Account (IRA). We offer our members Traditional and Roth IRA options, as well as Coverdell Education Savings Accounts. You can set-up your "plan" as either IRA Share Savings accounts or as IRA Share Certificates, depending on your needs.

Additionally, we can help you move funds from IRAs at other institutions and from qualified retirement plans, such as former employer's 401(k), to a People's IRA. Under some circumstances, you may also wish to convert a Traditional IRA to a Roth IRA.

Use your IRA to help make your retirement years comfortable and care free.




Individual Retirement Accounts (IRAs) and Coverdell Education Savings Accounts

These popular accounts are a terrific way to prepare for your retirement or the costs of a child's secondary education. An individual may contribute up to the federally mandated maximum amount. People's offers two savings "paths" within the IRA plan:

IRA Share Savings Account – A savings account within your IRA plan that requires no minimum balance, can be opened with only $5, and earns the same dividend rate as your Carefree Savings account. This is the most flexible account option.

IRA Share Certificates – A minimum balance of $500 is required to open a certificate and you may purchase them with terms from three months to five years. The dividend rate is determined by the term of the certificate. This rate is locked in on the date of purchase and is guaranteed until maturity. Funds withdrawn prior to maturity may be subject to an early withdrawal penalty.

IRA Conversions and Rollovers – We can help you move funds from IRAs at other institutions and from qualified retirement plans, such as former employer's 401 (k), to an IRA. Under some circumstances, you may also wish to convert a Traditional IRA to a Roth IRA.

Traditional IRAs – contributions may be tax-deductible and the earnings grow tax deferred until they are withdrawn. Funds may also be withdrawn without penalty for a variety of qualified reasons.

Roth IRAs - These are composed of non-deductible contributions; earnings are tax-free and penalty free after five years if withdrawals are made for qualified reasons. The ability to contribute to a Roth IRA does phase out at higher income levels, as do Traditional IRA contributions for people participating in an employer-sponsored retirement plan.

Coverdell Education Savings Account – Formerly known as an Education IRA, this is a savings account used to save for a child's higher education. Earnings are tax-free when used for qualified educational expenses.


*Funds withdrawn early from an IRA or Coverdell account may also be subject to Federal withdrawal penalties. To decide which type of account and contribution limits might be best for your specific financial situation, talk with a tax advisor that you trust. When you are ready to contribute, contact us.


One more way to save for your financial security is our share certificate accounts. You can open a share certificate with as little as $500. We offer terms of three months to five-year to meet your savings needs. The dividend rate in effect when you open your certificate is fixed until maturity. Dividends are added to your certificate balance each month, providing you the benefits of compound interest, or you may choose to have your dividends deposited into your checking or savings account when paid. Unless you notify us otherwise, your share certificate will automatically renew for the same term at maturity. Remember, there may be a penalty if you withdraw any funds from the certificate prior to maturity.

Use certificates to earn higher dividends and give yourself one more way to save for your future.



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