More options. More you. Only at PECU.
Your membership is flexible. And your account options should be, too.
Business & Special Account Advantages
- Manage your account with online banking
- Access to 300+ Alliance of Austin Credit Union ATMs
- Enjoy all the additional services we have to offer
- Association / Organization Account: An association or organization account is set-up by the officer(s) of the association or organization.
- PECU requires authorization to open the account to designate the person(s) permitted to transact business on the account and a tax identification number. Documents that are needed to establish association or organization accounts are subject to review by PECU’s attorney. The officers may change each year so new documents will be required each time there is a change in officer(s).
- Business Accounts: A business account can be opened and owned by a business that is considered a sole proprietorship or partnership. A tax identification number and a document to designate the person(s) permitted to transact business on the account will be needed to open the account. Documents needed to establish business accounts are subject to review by PECU’s attorney.
- A business account opened by a sole proprietorship business is owned by the individual who owns and operates the unincorporated business. A sole proprietor may use a name that is different from the owner’s name for the business. If so, an Assumed Name Certificate must be filed with the county clerk’s office before the account is opened to show that the sole proprietor is “doing business as” (DBA) another name.
- A business account opened by a partnership business is owned by the individuals who own and operate the unincorporated business. A partnership agreement is needed to open the account. If the partnership is using an assumed name, an Assumed Name Certificate must be filed with the county clerk’s office before the account is opened.
- Convenience Account: A convenience account is an account that has signers on the account (for the convenience of the member) that are able to transact business on this account but do not own the funds. The funds in the account belong to the owner and funds that belong to the convenience signer cannot be deposited to this account. The authorization to transact business on the account stops at the date of death of the primary owner.
- Corporate Account: A corporate account is owned by a corporation that is empowered to conduct business through its Articles of Incorporation filed with the Secretary of State. The Articles of Incorporation, tax identification number, and a corporate resolution designating the person(s) permitted to transact business on this account is needed to open the account. Documents needed to establish corporate accounts are subject to review by PECU’s attorney.
- Individual/Single Party Account: An individual or single party account is an account owned by one member including any individual, corporation, partnership, trust or other organization qualified for credit union membership.
- Joint With Right of Survivorship Account: An account that is joint tenancy with a right of survivorship is an account wherein a joint owner also owns the funds. All joint owners on the account have access to the funds whether the owner is alive or deceased. A joint owner on an account does not necessarily qualify as a member; a joint owner must have an account in his/her name to have voting right or use any of the services the credit union offers. The joint owner only has access to the account that they are on.
- Minor Account: A minor account is an account that is established for person under the age of 18 years old. The minor must have a social security number and an adult must be on the account if the child does not have valid identification (that is acceptable to PECU) or if other services are requested such as an ATM card or checking account.
- Payable on Death Account: A payable on death (“P.O.D.”) account is an account payable on request to one person during his/her lifetime and upon that person’s death to one or more P.O.D. payees or to one or more persons during their lifetimes and, on the death of all of them, to one or more P.O.D. payees. An individual or joint with right of survivorship account may also be a P.O.D. account.
- Texas Uniform Transfers To Minors Act (TUTMA) Account: This is an account established under the Texas Uniform Transfers to Minors Act. A donor irrevocably transfers the money deposited in the account to a custodian for the benefit of the minor. The custodian of the account handles the funds for the minor until the minor is 21 years of age, which time the custodian is required to deliver the funds to the individual. Neither the donor of the money nor the custodian is entitled to use or to benefit from the money.
- Trust Account: PECU offers revocable, irrevocable, estate, guardianship and other fiduciary accounts. These accounts may require certain documents that will need to be reviewed by the credit union’s attorney prior to opening the account.
As a PECU member, you're also an owner with equal voting rights. You’ll also:
- Gain access to all PECU financial products and services, from great rates on loans and more
- Be able to manage your account with Online Banking and convenient e-Bill Pay and custom e-Alerts to stay on top of your finances
- Be able to bank anytime, anywhere with Mobile Banking and e-Deposit
Overdraft Protection is available to help prevent declined transactions or unexpected fees by linking your eligible PECU accounts.
Use this calculator to determine your projected earnings from our High Interest Checking account. Move the sliders or type in the numbers to see your potential rewards.
- Estimated Annual Rewards $0
- Estimated monthly dividends earned* $0
- Monthly ATM fees refunded**$0
This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.
- Net cost of buying $0
- Net cost of leasing $0
A fixed-rate, fixed-term Certificates can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.
- Total value at maturity $0
- Total dividends earned $0
- Annual Percentage Yield (APY)0.000%
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
- Monthly deposit needed to reach goal $0
This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.
- Estimated monthly payment $0
- Total paid $0
- Total interest paid $0
CD and IRA CDs
| Term | Rate | Annual Percentage Yield |
|---|---|---|
| *6 Months | 3.64% | 3.70% |
| *12 Months | 3.69% | 3.75% |
| *24 Months | 3.59% | 3.65% |
| *36 Months | 3.54% | 3.60% |
| *48 Months | 3.44% | 3.50% |
Minimum Balance- $1,000.00
*6 month certificates are not available under the IRAs.
*APY = Annual Percentage Yield
Credit Cards
| Card Type | Annual Percentage Rate (APR) | Annual Fee |
|---|---|---|
| Platinum MasterCard | 7.99% APR* | $0 |
| Gold MasterCard | 9.99% APR* | $0 |
| Regular MasterCard | 11.50% APR* | $0 |
| Share Secured MasterCard | 12.00% APR* | $0 |
*APR = Annual Percentage Rate
Free ATX Saver for High Interest
| Below Cap Rate | Below Cap APY | Cap | Above Cap Rate | APY Range | Non-Qual Rate |
|---|---|---|---|---|---|
| 2.472% | 2.50% | $50,000 | 0.499% | 2.50% to 1.50% | 0.05% |
APY = Annual Percentage Yield
High Interest Checking
| Below Cap Rate | Below Cap APY | Cap | Above Cap Rate | APY Range | Non-Qual Rate |
|---|---|---|---|---|---|
| 5.841% | 6.00% | $15,000 | 0.499% | 6.00% to 1.00% | 0.05% |
APY = Annual Percentage Yield
Holiday Savings Rates
| Account Type | Rate | Annual Percentage Yield |
|---|---|---|
| Holiday Savings | 0.25% | 0.25% |
Minimum Balance- $5.00
Annual Percentage Yield- Annual Percentage Yield- since interest is compounded monthly, the annual percentage yield is interest paid on interest. The interest must remain in the account through the last day of the month to earn the disclosed annual percentage yield.
Interest Rates- are subject to change at any time.
Early withdrawal Penalty: Any withdrawal of funds prior to the end of the term will result in a loss of all earnings.
Home Equity Loans
| Maximum Term | As Low As |
|---|---|
| Up to 5 years | 5.39 APR* |
| Up to 10 years | 5.79 APR* |
| Up to 15 years | 6.19 APR* |
| Up to 20 years | 6.39 APR* |
Equal Housing Lender
*APR = Annual Percentage Rate
IRA Rates
| Account Type | Rate | Annual Percentage Yield |
|---|---|---|
| Individual Retirement Account | 0.40% | 0.40% |
Interest Rates- are subject to change at any time.
Ask for details and restrictions.
*APY = Annual Percentage Yield
Jumbo CDs
| Account Type | Rate | Annual Percentage Yield |
|---|---|---|
| **6 Months | Please, call | Please, call for APY |
| **12 Months | Please, call | Please, call for APY |
Minimum Balance- $90,000.00
Annual Percentage Yield- since interest is compounded monthly, the annual percentage yield is interest paid on interest. The interest must remain on the certificate to the end of the term to earn the disclosed annual percentage yield.
Interest Rates- are subject to change at any time.
Early withdrawal Penalty.
** Jumbo certificates are not available under the IRAs.
Money Market Rates
| Account Type | Rate | Annual Percentage Yield |
|---|---|---|
| $2000.00-$24999.99 | 0.55% | 0.55% |
| $25000.00-$74999.99 | 0.65% | 0.65% |
| $75000.00-$124999.99 | 0.75% | 0.75% |
| $125000.00-$199999.99 | 1.00% | 1.00% |
| $200000.00 and over | 1.25% | 1.26% |
Annual Percentage Yield- since interest is compounded monthly, the annual percentage yield is interest paid on interest. The interest must remain in the account through the last day of the month to earn the disclosed annual percentage yield.
Interest Rates- are subject to change at any time.
Mortgage Loans
Motorcycle and Scooter Loans
| Year | Max Term | As Low As |
|---|---|---|
| 2025-2024 | Up to 66 months | 6.89% APR* |
| Up to 72 months | 7.49% APR* | |
| 2023-2022 | Up to 66 months | 8.09% APR* |
| Up to 72 months | 8.69% APR* | |
| 2021-2020 | Up to 48 months | 9.29% APR* |
| Up to 63 months | 9.29% APR* | |
| 2019-2018 | Up to 48 months | 9.29% APR* |
*APR = Annual Percentage Rate
New and Used Autos
| Year | Max Term | As Low As |
|---|---|---|
| 2024 and Newer | Up to 36 Months | 4.99 APR* |
| Up to 48 Months | 5.29 APR* | |
| Up to 60 Months | 5.39 APR* | |
| Up to 66 Months | 5.49 APR* | |
| Up to 72 Months | 5.59 APR* | |
| Up to 78 Months | 6.29 APR* | |
| Up to 84 Months | 6.49 APR* | |
| 2023 | ||
| Up to 66 Months | 5.79 APR* | |
| Up to 72 Months | 6.09 APR* | |
| Up to 75 Months | 6.29 APR* | |
| 2022-2021 | Up to 66 Months | 5.99 APR* |
| Up to 72 Months | 6.29 APR* | |
| 2020 | Up to 60 Months | 6.39 APR* |
| Up to 66 Months | 6.39 APR* | |
| 2019-2018 | Up to 54 Months | 6.39 APR* |
| Up to 60 Months | 6.39 APR* | |
| 2017-2016 | Up to 54 Months | 6.59 APR* |
| Up to 60 Months | 6.59 APR* |
*APR = Annual Percentage Rate
Ready Credit Loan
| Maximum Amount | Annual Percentage Rate (APR) |
|---|---|
| $500.00 to $5000.00 | 11.50% APR* |
*APR = Annual Percentage Rate
Recreational Vehicles
| Maximum Term | As Low As |
|---|---|
| Up to 48 months | 7.19 APR* |
| Up to 60 months | 7.79 APR* |
| Up to 84 months | 8.39 APR* |
| Up to 120 months | 8.99 APR* |
| Up to 180 months | 9.99 APR* |
*APR = Annual Percentage Rate
Regular Share/Savings Rates
| Account Type | Rate | Annual Percentage Yield |
|---|---|---|
| Regular Savings | 0.20% | 0.20% |
Paid Quarterly
Share Draft / Checking Rates
| Account Type | Rate | Annual Percentage Yield |
|---|---|---|
| Checking Account | 0.05% | 0.05% |
Paid Monthly
Share Secured Loan and Share Certificate Secured Loan
| Loan Type | Annual Percentage Rate (APR) |
|---|---|
| Share Secured Loan | 4.75% APR* |
| Share Certificate Secured Loan | 2.50% greater than Share Certificate Rate |
*APR = Annual Percentage Rate
Signature Loans
| Term | As Low As |
|---|---|
| 24 months | 9.49% APR* |
| 36 months | 9.99% APR* |
| 48 months | 10.24% APR* |
| 60 months | 10.49% APR* |
*APR = Annual Percentage Rate
Teen Bling Membership Shares
| Account Type | Rate | Annual Percentage Yield |
|---|---|---|
| Club Bling Membership | 0.25% | 0.25% |
Paid Quarterly
Zoo Crew Kids Membership Shares
| Account Type | Rate | Annual Percentage Yield |
|---|---|---|
| Kids Savings Account | 0.25% | 0.25% |
Paid Quarterly