Savings Tour

PEPCO Federal Credit Union offers a broad variety of financial products to serve your savings and checking needs. All of our savings, checking, money market, IRA and share certificate accounts pay above-market dividends and are extremely safe investments. Your aggregate funds in your PEPCO FCU accounts are insured to $250,000 by the NCUA, an agency of the federal government. The funds in your IRA are insured to an additional $250,000 by the NCUA.

Higher earnings, versatile financial products and rock-solid security for your savings dollars are the cornerstones of this credit union, now and into the new millennium. Trust us, save with us. We’re here only to serve your financial needs.


A share account is a credit union savings account that makes you eligible for all other PEPCO FCU products and services. There is a minimum deposit of $5 to open a share account. Dividend rates are declared quarterly by the Board of Directors based on available current earnings after expenses and reserves have been set aside. Dividends are paid and compounded quarterly and are computed based on the daily balance (day of deposit to day of withdrawal.) Dividends will not be paid on accounts that are CLOSED during the quarter.

Dividends are credited to members' accounts on March 31, June 30, September 30 and December 31 at the current Annual Dividend Rate. A statement of account, which details each posted transaction (shares, loans, dividends and interest) is mailed to each member.

We offer a Holiday Club Account and a Vacation Club Account for your special saving needs. You can make payments to either account by check, automatic transfer, or direct deposit. The disbursement date for funds and dividends earned for the Holiday Club Account is the first week in Novembr. For the Vacation Club Account, you are allowed two penalty-free withdrawls a year. On the disbursement date, the funds on deposit will be automatically transferred to your share account for withdrawal.

PEPCO FCU offers a Term Share Program that helps each member earn competitive market rates. Term Shares are insured along with your shares up to $250,000 by NCUA.



3-Month Short-Break


6-Month Pay Day CD

$100 per month*









*Requires Direct Deposit

Dividends are computed on the actual amount of the term share and compounded monthly. You start earning dividends on the day you purchase your term share. If a term share is withdrawn before it matures, then you will forfeit dividends at the specified rate. A copy of the disclosure form is furnished at the time you buy a term share.

CD Minimum Early Withdrawal Fee: $25 or 90 days interest.

Due to fluctuations which occur in the market rates, annual rates are subject to change without notice. Contact the credit union office for current rates on Term Share accounts.

Let your money earn the most for you at your credit union!

PEPCO FCU's Money Market Checking Account allows you to earn higher dividend rates and still have unlimited access to your account! With our tiered rate structure, higher balances earn higher dividend rates.

  • A minimum daily balance of $3,000 is required.
  • Receive unlimited Visa Debit Card transactions FREE of credit union fees at ATMs located near most PEPCO work locations.
  • Dividends are calculated monthly and paid quarterly.
  • Balances earn the dividend rate within the disclosed tier.
  • Dividend rates are subject to change on the first business day of each week and the first business day of each month.

Invest in retirement at your credit union! At PEPCO FCU, your IRA deposits are insured to an additional $100,000 by the National Credit Union Administration, and contributions can be automatically deducted from your paycheck.

The retirement programs PEPCO FCU offers are:

Traditional IRA
Your dividends compound tax-deferred, and contributions made to an IRA may be tax-deductible, depending on your family's total income level and current participation in another retirement plan.

Roth IRA
Also available at your credit union, the Roth IRA is different from traditional Individual Retirement Accounts in that the Roth is not tax deductible. It is, however, not taxed upon withdrawal - provided you:

  • Have had the Roth account at least five years
  • Are older than age 59 ½
  • Become disabled or are deceased, and it is paid to your beneficiary
  • Use the money for a first-time home purchase

Education IRA
Save for post-secondary education with this retirement account. Invest up to $500 a year per child to partially cover college expenses. Contributions are not tax deductible, but funds can be taken out tax-free if used for higher education expenses before the beneficiary reaches 30 years old.

As with any tax-related investment, consult your tax advisor to see which IRA program is best for you.

Share Draft/Checking provides you with all the features of a checking account plus the following advantages:

  • Unlimited check writing
  • Overdraft loan protection available
  • Monthly statements
  • Direct deposit available
  • 24-Hour ATM access
  • Your deposits are insured up to $250,000

Open a Share Draft Checking Account Today

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