For nearly five years, Pioneer Federal Credit Union (PFCU) has been offering CD Specials with competitive rates. PFCU's current CD Specials are a 37-month (2.70% APY) and 19-month (2.25% APY), with the 37-month having the more competitive APY. While the PFCU Rates page lists two deposit levels, $500 and $10k, the APY is the same for either.
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, Elmore, Gooding, Jerome, or Twin Falls are eligible to join.
Employment: Employees of retail, wholesale, manufacturing, cooperative, industrial, and distribution establishments that are located in Adams, Gem, Owyhee, Payette, and Washington Counties qualify for membership.
Affiliation: Members of the Mountain Home Air Force Base Retirement Association, who are receiving services from the Association, are also eligible to join.
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.
Joining PFCU and/or opening a CD Special can be done online, or at any of 14 Idaho branches located in Boise (2), Caldwell, 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 "B+" at DepositAccounts.com, with a Texas Ratio of 5.97% (excellent), based on December 31, 2017 data. In the past year, PFCU increased its total non-brokered deposits by $6.76 million, an above average annual growth rate of 1.9%. 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 more than 53,600 members and holding assets in excess of $452 million.
How the CD Special Compares
When compared to the 227 similar length-of-term CDs tracked by DepositAccounts.com, requiring a similar minimum deposit and available within the FOM, Pioneer Federal Credit Union’s 37-month CD Special APY currently ranks first.
The above rates are accurate as of 3/27/2017.
Looking for the best CD rates, either nationwide or state specific? Please refer to our CD Rates Table, page.