A Regular Share Account is required of every member as a condition of membership. An initial deposit of $5.00 establishes your account and gives you access to all of the products and services that we offer.
You may choose to make deposits to this account each week, each pay period, or anytime. Set up direct deposit or a payroll deduction into your Regular Share Account and watch your savings grow. These accounts are paid dividends and are a great way to store your money for any of your needs.
Regular Share Accounts, as with all Police Federal Credit Union of Omaha accounts, are federally insured and backed by the full faith and credit of the U.S. government through the National Credit Union Administration (NCUA) up to at least $250,000.
Online Share Insurance Estimator: Now, you’ll have an easier time getting answers to questions about your share insurance, and you can keep track of your coverage thanks to a new online tool from the National Credit Union Administration. The Share Insurance Estimator is easy to use, and you can input information while simultaneously using important reference materials.
Christmas Club Account
Christmas Club Accounts are designed to help you save for the holidays. Deposit funds into our special Christmas Club Account, and your saved funds will be paid out in early November, just in time for holiday shopping! Like our regular savings, you’ll earn dividends on every dollar, and there’s no minimum balance, but our Christmas Club is specifically designed for holiday saving.
Vacation Club Account
Dreaming of a tropical vacation? Are the kids begging to go to Disneyland? Saving with a Vacation Club account can get you there! Much like the Christmas Club, this savings account makes it easier to set aside money for a special need. These funds are available to you whenever you’re ready to travel, and they’re paid dividends, too!
Preferred Market Account
Bulk up your savings with a Preferred Market Account (PMA)!
A PMA is another type of savings account for those who want to earn more in dividends but want to keep the funds available. A PMA is a tiered account with a starting minimum balance of $2,500. The dividend rates change from month to month, and some restrictions apply.
Individual Retirement Account (IRA)
We offer several types of IRAs, including Traditional, Roth, and Coverdell Education. These accounts earn a higher rate of interest than a regular share account and also offer tax benefits. To determine which IRA is right for you, stop by the credit union or contact one of our friendly Member Service Representatives today.
These are high-yielding, no-risk investments that allow you to secure a fixed rate of return for an extended period. See the credit union for details on Share Certificates.