Pioneer Valley Credit Union Adds 13-Month CD Special


Deal Summary: 13-month Share Certificate Special, 2.80% APY, $1k minimum deposit, new money.

Availability: Easy membership requirement for residents of Connecticut, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont.

Last week, Pioneer Valley Credit Union (PVCU) introduced a 13-month Share Certificate Special, which earns 2.80% APY. This limited-time offer requires a minimum $1k opening deposit of new money, with no stated balance cap.

The 13-month Share Certificate Special is also available as an IRA (Traditional, Roth, CESA), earning the same APY with the same funding requirements.

As stated in the Agreements and Disclosures (part of the online application), the Early Withdrawal Penalty for reads as follows:

For Accounts with a term to maturity greater than 12 months,
the penalty imposed will equal six months dividends.


Headquartered in Springfield, Massachusetts, Pioneer Valley Credit Union’s field of membership (FOM) covers six states, with residents of Connecticut, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont, eligible for membership by joining the Massachusetts chapter of the American Consumer Council ($5 lifetime membership fee).

PVCU also offers membership to employees of more than 25 SEGs, including Baystate Health and several Springfield Division federal government agencies.

Joining PVCU and/or opening a 13-month Share Certificate Special can be done online, or at any of three Massachusetts branches, located in Springfield (2) and Westfield.

Credit Union Overview

Pioneer Valley Credit Union has an overall health grade of "A" at, with a Texas Ratio of 1.46% (excellent) based on March 31, 2018 data. In the past year, PVCU has increased its total non-brokered deposits by $1.83 million, an excellent annual growth rate of 3.14%. Please refer to our financial overview of Pioneer Valley Credit Union (NCUA Charter # 24443) for more details.

Chartered in 1923 as the Springfield Mass Post Office Employees Credit Union, Pioneer Valley Credit Union is considered to be the oldest operating postal credit union, although the FOM has expanding substantially. The Pioneer Valley region is Massachusetts’ portion of the Connecticut River Valley and includes the counties of Franklin, Hampden, and Hampshire. While PVFCU is a relatively small credit union (9,200+ members and $77 million in assets), its six-state easy membership requirement provides the potential for significant growth.

How the Share Certificate Special Compares

When compared to the similar length-of-term CDs tracked by, which require a similar minimum deposit and are available within the FOM, Pioneer Valley Credit Union’s 13-month Share Certificate Special APY currently ranks first

The above rates are accurate as of 9/10/2018.

Looking for the best CD rates, either nationwide or in your state? Please refer to our CD Rates Table, page.

Related Pages: Springfield CD rates, 1-year CD rates

alan1   |     |   Comment #1
offer ends September 22
alan1   |     |   Comment #2
The article refers to "$5 lifetime membership fee". However, you can join for free as part of the application process:
"Joining ACC, MA Chapter is free which qualifies you for membership."
Pioneer Valley FCU Offers 49-Month CD Special
Deal Summary: 49-month Share Certificate Special, 2.27% APY, $1k minimum deposit

Availability: Easy membership requirement for residents of Connecticut, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont.

Pioneer Valley Federal Credit Union (PVFCU) ended last week by introducing a new 49-month Share Certificate Special (2.27% APY). The minimum opening deposit is $1k, with no stated balance cap. This new Special is by far the most competitive Share Certificate in PVFCU’s product line.

The 49-month Share Certificate Special is also available as an IRA (Traditional, Roth,CESA), earning...

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