Peoples Advantage FCU announces new 4.75% APY on rewards checking accounts
Empowering Members with Industry-Leading Rates to Achieve Financial Dreams
PETERSBURG, VA (October 15, 2024) — Peoples Advantage Federal Credit Union is excited to announce the launch of its new 4.75% Annual Percentage Yield (APY) on Rewards Checking Accounts, available to both new and existing members. This industry-leading rate underscores Peoples Advantage’s commitment to empowering the community and its members with competitive financial products designed to help them achieve their financial dreams.
“With the introduction of this 4.75% APY, we are reaffirming our commitment to providing members an opportunity for financial freedom,” said Stephanie Potter, Director of Marketing at Peoples Advantage. “We want our community to know that banking local is better for everyone and believe this rate will not
only benefit those looking to grow their savings but will also reflect the trust and dedication we continue to foster within our community.”
The Rewards Checking Account is part of Peoples Advantage’s broader mission to offer products and services that promote financial well-being for all while providing personalized service with real, local people. It provides members with the flexibility of banking on the go while offering significant rewards for their everyday banking activities.
Key features of the 4.75% APY Rewards Checking Account include:
- No minimum balance requirement
- Easy access to funds through our online and mobile banking apps
- Rewards for using your debit card and conducting direct deposits
- Federally insured by the NCUA, ensuring your funds are secure
“At Peoples Advantage, we prioritize the financial success of our members by offering products that are not only competitive but also aligned with our values of community empowerment and financial growth,” Potter added.
Whether you’re opening your first checking account or looking for a better way to manage your money, the new Rewards Checking Account from Peoples Advantage Federal Credit Union provides an excellent opportunity to maximize earnings while enjoying the freedom and convenience of modern banking.
For more information about the Rewards Checking Account and how to get started, visit www.peoplesadvfcu.org or stop by any of our local branches.
About Peoples Advantage Federal Credit Union (PAFCU)
Founded on the principle of people helping people, Peoples Advantage Federal Credit Union believes in the power of the community and aims to empower its members with the financial tools and resources they need to achieve their goals. Located in Petersburg and Richmond, Virginia, the credit union operates on a not-for-profit basis, prioritizing the best interests of its members above all else. As a Community Development Financial Institution, Peoples Advantage Federal Credit Union is member and community focused providing competitive rates, low fees, and personalized financial solutions tailored to individual needs.
