For the past four years, Pioneer Federal Credit Union (PFCU) has been featuring CD Specials with competitive rates. The latest offerings are a 13-month CD Special (1.55% APY) and 25-month CD Special (1.80% APY). The minimum deposit for either CD Special is $500, with no stated balance cap.
Both CD Specials are also available as IRAs (Traditional, Roth, CESA) earning the same APYs, with the same funding requirements.
In a Live Chat, CSR stated the Early Withdrawal Penalty for either CD Special is "all dividends that have been earned up to 180 days."
Headquartered in Mountain Home, Idaho, Pioneer Federal Credit Union’s field of membership (FOM) is primarily residency based.
Residency: Individuals who live, work, worship, or attend school in the Idaho counties of Ada, Blaine, Camas, Canyon, and Elmore are eligible to join.
In addition, individuals who live, work, worship, perform volunteer services or participate in associations headquartered in the Idaho counties of Gooding, Jerome, and Twin Falls are also qualify for membership.
Employment: Employees of retail, wholesale, manufacturing, cooperative, industrial, and distribution establishments that are located in Adams, Gem, Owyhee, Payette, and Washington Counties are eligible for membership.
Affiliation: Members of the Mountain Home Air Force Base Retirement Association, who are receiving services from the Association, are also qualify.
Family Relationship: Immediate family members of membership-eligible individuals are themselves membership-eligible, even if they don’t personally meet any of the above qualifying requirements.
To see the complete list of eligible individuals and groups, please refer to the Become A Member page.
Joining PFCU and/or opening a CD Special can be done online, or at any of 14 Idaho branches located in Boise, Caldwell, Eagle, Glenns Ferry, Gooding, Hailey, Jerome, Meridian, Middleton, Mountain Home (2), Mountain Home AFB, Nampa, and Twin Falls.
Credit Union Overview
Pioneer Federal Credit Union has an overall health grade of "A" at DepositAccounts.com, with a Texas Ratio of 5.56% (excellent), based on March 31, 2017 data. In the past year, PFCU increased its total non-brokered deposits by $44.15 million, an excellent annual growth rate of 13.93%. Please refer to our financial overview of Pioneer Federal Credit Union (NCUA Charter # 9247) for more details.
Chartered in 1954, Pioneer Federal Credit Union was originally known as the Civilian Employees Federal Credit Union, but the name was soon changed to Mountain Home Air Force Base Federal Credit Union to better represent the membership. As further FOM expansion included more community members, a new name was needed that accurately described the community. "Pioneer" was chosen, as Mountain Home was originally the Post Office at Rattlesnake Station, a stagecoach stop on the Overland Stage Line. Today, PFCU is Idaho’s fifth largest credit union, serving nearly 51,000 members and holding assets in excess of $441 million.
How the CD Specials Compare
When compared to the 218 similar length-of-term CDs tracked by DepositAccounts.com, requiring a similar minimum deposit and available within the FOM, Pioneer Federal Credit Union’s 13-month CD Special APY currently ranks first.
When compared to the 208 similar length-of-term CDs tracked by DepositAccounts.com, requiring a similar minimum deposit and available within the FOM, Pioneer Federal Credit Union’s 25-month CD Special APY currently ranks second.
The above rates are accurate as of 7/18/2017.