Use our high-value deposit and savings accounts, along with lower rate loans as stepping stones to meet your financial goals.
Basic savings accounts, Money Market accounts, Share Certificates, HSAs or IRAs. The bottom line? No matter how you choose to save, the best way to get to your goal is to add dividend returns to your steady deposits with direct deposit of your paycheck. Whether your goal is a new car, tropical cruise or rainy day cushion, Piedmont Advantage accounts offer member-owners some of the best value that can be found.
Loan Rates
| Loan Type |
Annual Percentage Rate |
Effective Date |
| Aircraft |
As low as 4.75%* |
10/11/2021 |
| Auto - New |
As low as 3.50%* |
8/1/2022 |
| Auto - Used |
As low as 3.75%*
|
8/1/2022 |
| Boat / RV - New |
As low as 6.00%* |
8/1/2022 |
| Boat / RV - Used |
As low as 6.25%* |
8/1/2022 |
| Credit Builder |
As low as 9.00%* |
8/1/2022 |
| General Purpose |
As low as 6.25%* |
8/1/2022 |
| Home Equity Lines of Credit |
As low as prime + 0.50% |
8/1/2022 |
| Liberty |
As low as 4.50% |
8/1/2022 |
| Lot |
As low as 7.25% |
8/1/2022 |
| 1st Mortgage |
Click here for rates |
Current |
| 2nd Mortgage / Secured Home Improvement |
As low as 6.00% |
8/1/2022 |
| Motorcycle - New |
As low as 6.25%* |
8/1/2022 |
| Motorcycle - Used |
As low as 6.75%* |
8/1/2022 |
| Mastercard - Platinum |
As low as 10.90% |
1/28/2020 |
| Mastercard - Rewards |
As low as 12.90% |
1/28/2020 |
| Premier Advantage Line of Credit |
As Low As 10.90% |
1/28/2020 |
| Share Savings or CD Secured |
Dividend rate + 2.75%* |
4/1/2022 |
| Signature |
As low as 10.90% |
1/28/2020 |
| Undeveloped Land |
As low as 7.75% |
8/1/2022 |
| Unsecured Home Improvement |
As low as 6.90% |
1/28/2020 |
*.25% rate concession for enrollment in Auto Loan Payment (Monthly Loan Payments).
All rates are subject to change without prior notice and a member's specific rate is based on loan type, term and creditworthiness.
Share Certificate Rates
| Account Type |
Dividend Rate |
APY* |
Effective Date |
| 21 Month Special Limited Term Certificate |
2.225% |
2.25% |
9/7/2022 |
| 3 Month Certificate |
0.300% |
0.30% |
9/7/2022 |
| 6 Month Certificate ($500-$49,999) |
0.548% |
0.55% |
9/7/2022 |
| 6 Month Certificate ($50,000+) |
0.598% |
0.60% |
9/7/2022 |
| 12 Month Certificate ($500-$49,999) |
0.698% |
0.70% |
9/7/2022 |
| 12 Month Certificate ($50,000+) |
0.698% |
0.70% |
9/7/2022 |
| 12 Month Save to Win ($0-$49,999) |
0.548% |
0.55% |
9/7/2022 |
| 12 Month Save to Win ($50,000+) |
0.548% |
0.55% |
9/7/2022 |
| 18 Month Certificate |
0.648% |
0.65% |
9/7/2022 |
| 24 Month Certificate |
0.797% |
0.80% |
9/7/2022 |
| 30 Month Certificate |
0.499% |
0.50% |
9/7/2022 |
| 36 Month Certificate |
0.946% |
0.95% |
9/7/2022 |
| 48 Month Certificate |
1.242% |
1.25% |
9/7/2022 |
| 60 Month Certificate |
1.390% |
1.40% |
9/7/2022 |
Penalty may be imposed for early withdrawal. Minimum balance of $500 required to earn advertised annual percentage yield.
IRA Share Account Rates
| Account Type |
Dividend Rate |
APY* |
Effective Date |
| $25 |
0.250% |
0.25% |
9/7/2022 |
| $25,000 |
0.300% |
0.30% |
9/7/2022 |
| $50,000 |
0.349% |
0.35% |
9/7/2022 |
* APY is Annual Percentage Yield.
Minimum balance of $25.00 required to earn advertised annual percentage yield.
Health Savings Accounts
| Account Type |
Dividend Rate |
APY* |
Effective Date |
| $25 |
0.100% |
0.10% |
9/7/2022 |
| $25,000 |
0.100% |
0.10% |
9/7/2022 |
| $50,000 |
0.100% |
0.10% |
9/7/2022 |
* APY is Annual Percentage Yield.
Minimum balance of $100.00 required to earn advertised annual percentage yield.
Money Market Rates
| Account Type |
Dividend Rate |
APY* |
Effective Date |
| $1,000-$24,999.99 |
0.200% |
0.20% |
9/7/2022 |
| $25,000-$49,999.99 |
0.250% |
0.25% |
9/7/2022 |
| $50,000-$99,999.99 |
0.250% |
0.25% |
9/7/2022 |
| $100,000-$149,999.99 |
0.300% |
0.30% |
9/7/2022 |
| $150,000-$199,999.99 |
0.349% |
0.35% |
9/7/2022 |
| $200,000 + |
0.399% |
0.40% |
9/7/2022 |
Minimum balance of $1,000 required to earn advertised annual percentage yield.
Money Market Plus Rates
| Account Type |
Dividend Rate |
APY* |
Effective Date |
| $1,000 - $99,999 |
0.200% |
0.20% |
9/7/2022 |
| $100,000 - $199,999 |
0.349% |
0.35% |
9/7/2022 |
| $200,000+ |
0.399% |
0.40% |
9/7/2022 |
Minimum opening deposit of $100,000. Afterward, minimum balance of $1,000 required to earn advertised annual percentage yield.
Savings/Checking Rates
| Account Type |
Dividend Rate |
APY* |
Effective Date |
| Simple+ Checking** |
0.797% |
0.80% |
9/7/2022 |
| Christmas Club |
0.10% |
0.10% |
9/7/2022 |
| Vacation Club |
0.10% |
0.10% |
9/7/2022 |
| Interest Checking*** $100 - $99,999.99 (no longer offered) |
0.050% |
0.05% |
6/2/2020 |
| Silver Advantage Checking*** $100 - $99,999.99 (no longer offered) |
0.050% |
0.05% |
2/4/2021 |
| Interest Checking*** $100,000+ (no longer offered) |
0.100% |
0.10% |
6/2/2020 |
| Silver Advantage Checking*** $100,000+ (no longer offered) |
0.100% |
0.10% |
3/17/2021 |
| Savings*** |
0.10% |
0.10% |
9/7/2022 |
*APY is Annual Percentage Yield.
**This is a Tiered Rate account. When monthly eligibility requirements are met, a .80% APY will apply on account balances up to $10,000. Account balances greater than $10,000 will receive a .10% APY. When monthly eligibility requirements are not met, a .10% APY will apply. To receive dividends a minimum balance of $100 is required.
***Minimum balance of $100 required to earn advertised annual percentage yield.
Rates are reviewed regularly by Piedmont Advantage Credit Union's Board of Directors and are subject to change. Fees, if applicable, could reduce earnings. Penalties, when applicable, will be imposed for early withdrawal.
Schedule of Fees & Charges as of August 30, 2022
Account Opening & Usage - Checking & Savings
| Type |
Fee |
How to avoid the fee |
| More Checking Monthly Fee |
$5.95 |
|
| Business Checking Service Fee |
$5.95/month |
Maintain an average daily balance of $500 or more during monthly statement cycle |
| Business Checking Excessive Deposit Transaction Fee |
$0.25/item over 250 items during monthly statement cycle |
Deposit no more than 250 items each month |
| Inactive Membership (no activity within 12 months) |
$10/month |
Make 1 transfer/year. Perform 1+ transactions/year or maintain active loan or line balance (not assessed if age 24 or under) |
| Return Mail |
$3/item |
Updating your address |
| Return Statement |
$3/item |
Updating your address |
| Duplicate Statement Copy (Quarterly/Monthly) |
$3 each |
Signing up for eStatements |
| Verification of Deposit (VOD) |
$10/VOD |
|
| ATM Usage (Non-PACU owned ATM) |
$1 each (the first 5 transactions are free) |
Using your debit card to make "cash back" purchases or using PACU ATMs |
| Plastic Card Replacement (Debit) |
$20/card |
|
| Dishonored Deposit- Returned Third Party Check |
$12/item |
|
| Dishonored Deposit-Retuned Member Check |
$32/item |
|
Account Opening & Usage - Checking Only
| Type |
Fee |
How to avoid the fee |
| International Debit Card Usage |
FREE. There is no charge for using a Piedmont Advantage debit card outside of the United States |
|
| CD of Cancelled Checks |
$15/CD (unavailable with More Checking) |
Using Bill Pay |
| Check Copies |
$3 each (unavailable with More Checking) |
Using Bill Pay |
| Check Orders |
Varies by Style (unavailable with More Checking) |
Using Bill Pay |
| Stop Payment |
$25/request (unavailable with More Checking) |
|
| Overdraft/NSF Fee |
$32/item for each item submission or resubmission (unavailable with More Checking) |
|
Overdraft Protection Options
| Type |
Fee |
How to avoid the fee |
| Overdraft Advantage - Overdraft/NSF Fee |
$32/item (unavailable for More Checking; all NSF items are returned without a fee being assessed; and unavailable for Business Checking) |
Using PACUtel, telephone call center or ATM to transfer funds |
| Overdraft Protection from a Share Account |
$3 transfer (unavailable for More Checking; all NSF items are returned without a fee being assessed; unavailable for Business Checking) |
Using PACUtel, telephone call center or ATM to transfer funds |
Transfers
| Type |
Fee |
How to avoid the fee |
| Wire Transfer - Domestic |
$20/transfer |
|
| Wire Transfer - International |
$35/transfer |
|
Credit Union Services
| Type |
Fee |
How to avoid the fee |
| Collection Item |
$10/item |
|
| Late Loan Payment (Consumer) |
4% of regularly scheduled payment amount |
Making all payments on time |
| Official Check with 3rd Party Payee |
$5/check |
|
| Overnight UPS Paperwork/Check Delivery (Next business day) |
$15/transaction |
|
| Overnight UPS Paperwork/Check Delivery (Saturday delivery) |
$30/transaction |
|
| Overnight UPS Paperwork/Check Delivery (A.M. delivery) |
$45/transaction |
|
| Real Estate Loans Late Payment |
4% of regularly scheduled payment amount |
Making all payments on time |
| Research and Legal Processes |
$20/hour |
|
| Escheatments |
$100 |
|
| Mortgage Subordination |
$100 |
|
| Member Assisted Phone Payment |
$12/request |
Using online banking or PACUTel |
| Automated Service Phone Payment |
$6/request |
Using online banking or PACUTel |
| Online Loan Payment by Debit/Credit Card or Transfer from Another Financial Institution to Loan Account |
$6/transaction |
Using online banking or PACUTel |
A mortgage subordination agreement is a document frequently used when there are two mortgages on a home, and the homeowner is looking to refinance the first mortgage. The mortgage subordination agreement specifies which mortgage takes precedence over the other.
Mastercard Account
| Type |
Fee |
How to avoid the fee |
| Credit Card Late Payment |
$25 |
|
| Credit Card NSF for Payment |
$20 |
|
| Credit Card Transaction Copy |
$25 |
|
| Cash Advance |
None |
|
Gift Card
| Type |
Fee |
How to avoid the fee |
| Card Purchase/Load Fee |
$3.50 |
|
| Card Inactivity Fee (No activity within 12 months) |
$2.50 |
|
| Card Replacement |
$5.00 |
|
Reloadable Prepaid Card
| Type |
Fee |
How to avoid the fee |
| Secondary Card Purchase |
$15.00/secondary card |
|
| Card Replacement |
$10.00 |
|
| Monthly Maintenance Fee (One month after activation) |
$5.95 |
|
| ATM Withdrawal (In PACU ATM Network) |
$1.50/withdrawal |
|
| ATM Balance Inquiry (In PACU ATM Network) |
$1.50/inquiry |
|
| ATM International Withdrawal (ATM operator fee may apply even if transaction is not completed) |
$5.00/withdrawal |
|
| Customer Service Call (Live agent) |
$2.50/call |
|
| PIN Change |
$.25/PIN change |
|
With Simple+ Checking, gone are the days of opening and closing accounts when you want your checking account to start earning competitive or premium interest.