mother and childSERVICES

Pinnacle Credit Union has been serving members since 1925! We are Fort Wayne's Oldest Credit Union and our continued success can be partially attributed to providing a variety of products and services to our members. Our goal is to improve your financial situation by offering savings accounts, loan products, and many other special services. The rates and *fees associated with our products and services are competitive and are subject to change.

bullet Accounts - back to top

Share Savings
Minimum balance of $5 per member; this is your share in the credit union. Dividend rates are calculated on the average daily balance and posted quarterly, minimum balance requirements to earn dividends. You can deposit regularly through payroll deduction, direct deposit, ATMs, phone transfers, night depository, in person, by mail, and at several share branch locations.

Share Draft Checking
No minimum balance, no per check fees and no monthly maintenance fees. Minimum opening deposit of $25. Automatic overdraft protection from shares at a minimal fee per transfer and/or from approved overdraft protection line of credit loan (maximum of $500). 24 hour account access through SYBIL - phone access line and Perfect Teller - on-line banking. All draft accounts are opened subject to verification and approval through ChexSystems.

Young Adult Accounts

Bucky 2.0 - Designed for ages 0-12. Bucky will teach them everything from counting money to common terms used by credit unions to starting to recognize the cost of everyday items. Bucky members earn prizes and It's never too early to teach your kids about money!

High Five - Designed for ages 13-17. Introduces the basics of financial management.

Unleashed - Designed for ages 18-25. Teaches money management in the "real world" whether you are going off to college or out into the work force.

Money Market
Earns higher rates than regular shares. Minimum $2500 deposit, rates are tiered based on account balance. If account falls below minimum tier balance, lower tier rate applies. Deposit and withdrawal limitations apply.

Christmas Club
Minimum opening deposit of $5. Pays out on the first business day of October each year. Fee for early withdrawal. Dividends are calculated on the average daily balance and paid quarterly, minimum balance requirements to earn dividends. Regular deposits can be made through payroll deduction, direct deposit, in person, or by the mail.

Vacation Club
Minimum opening deposit of $5. Dividends are calculated on the average daily balance and paid quarterly, minimum balance requirements to earn dividends. No withdrawal or deposit limitations.

Share Certificates
Competitive rates with 6, 12, 18, 24, and 36 month terms, compounding quarterly with automatic renewal. Minimum deposit of $1000, penalties for early withdrawal.

IRA Passbook Savings and Share Certificates
Tax deferred savings with competitive rates. No initial set-up fees or monthly maintenance fees. Minimum opening deposit of $5 required for Passbook Savings and $500 for Share Certificate, penalties for early withdrawal. Contributions according to IRS guidelines and substantial penalties for early withdrawal apply.

Health Savings Accounts
If you are currently covered under a High Deductible Health Plan (HDHP), you are likely eligible for a Health Savings Account (HSA). HSA's are interest bearing accounts that allow you to save money toward your medical expenses with pre-tax or tax deducible dollars. If you do not use all the funds by the end of the year, they simply roll over for you to use in following years. HSA's come with a debit card for easy access to the funds.

 

 

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Direct Deposit and Payroll Deduction
Automatic deposit of entire paycheck or pension each payday if available through employer. Includes all Federal recurring payments such as Social Security and military. Automatic deposit of set amount (allotment) of paycheck if available through employer.

SYBIL - 24-hour Phone Access
24 hour access to all your credit union accounts - 7 days a week even on holidays. Check account balances, paid drafts, deposit amounts, and recent transactions. Also, transfer money and make VISA or loan payments. Call 260.469.3100 or toll free 800.365.5603

Perfect Teller On-line Banking
24 hour Internet access to all your credit union accounts - 7 days a week, even on holidays. Check account balances, paid drafts, deposit amounts, and recent transactions. Also, transfer money and make loan payments. Contact the credit union to sign up.

e-statements
Receive your statement directly in your email inbox! Sign up through the Perfect Teller on-line banking system.

Bill Pay
Save time and money by paying all your bills electronically! Free service as long as 3 bills are paid every 30 days. Sign up through the Perfect Teller on-line banking system.

VISA® Check Card
Accepted anywhere VISA® is honored. Pay for purchases as you would with a credit card, the money is then automatically deducted from your checking account. Get cash from your savings and checking at ATMs worldwide displaying the Star®, VISA/Plus®, SHARE SYSTEM®, Magic Line®, Cirrus® or NYCE® logo.

ATM Card
Access your checking and/or savings accounts at ATMs which display a Star®, MAC®, Cirrus®, NYCE® or SHARE SYSTEM® symbol.

Shared Branching
At several area credit unions, you may conduct limited account transactions. Such as cashing payroll checks and checks written off your Pinnacle Credit Union account and making deposits and VISA or loan payments.

Federal Deposit Insurance
All savings Federally insured up to $250,000 per member by the National Credit Union Administration (NCUA), an agency of the Federal government.

Full Family Membership
Once you are a member, your relatives are eligible to join. And remember, once a member, always a member, even if your employment changes.

Financial Planning
 All of the products offered are not deposits of the Pinnacle Credit Union and are therefore not federally insured nor insured by the National Credit Union Association (NCUA).

We can help you with

For more information, e-mail us or call us at 260.469.3100

 

bullet Loans - back to top

VISA Credit Card
Choose from either the VISA Classic with credit limits up to $5000 or the VISA Platinum with credit limits from up to $15,000. Both cards offer flexible terms to fit your needs.

New Auto Loans
Competitive rates and terms on new cars and trucks with approved credit. Pre-approvals available to help you bargain for the best deal.

Used Auto Loans
Competitive rates and terms with approved credit. Pre-approvals available to help you bargain for the best deal.

Motorcycle or Boat Loans
Competitive rates and terms with approved credit.

Share Pledged Loans
Borrow against the money available in your share account. Interest rate is a fixed percentage above what shares are earning and lower than regular personal loan rates. Shares will be secured for the term of the loan.

Personal Loans
Credit available up to $10,000 with approved credit. Competitive rates and terms.


bullet Mortgage Loans - back to top

Members First Mortgage
Members wanting a First Mortgage can be referred to our outside mortgage company, Members First Mortgage. Click here to visit their site.

Second Mortgage
We offer competitive rates with flexible terms.

Home Equity Line of Credit
Borrow against the equity in your home. Line of Credit allows access to your money at your convenience. Rates are variable.

 

bulletPayment Plans - back to top

Desired Payment or Term
Select an amount or length of time to repay so that your payment and term can be custom-designed (within lending guidelines).

Automatic Payment
Payment is taken automatically from either your savings or checking or through direct deposit from the Funds Manager Account on the 14th of each month. This saves you additional interest, postage and trips to the credit union.

SYBIL - 24 hour Phone Access
You may transfer the exact payment amount from either your savings or checking over SYBIL. Payment can be made at your convenience, 24 hours a day, 7 day a week even on holidays.

Perfect Teller - On-line Banking
You may transfer the exact payment amount from either your savings or checking via Perfect Teller. Payment can be made at your convenience, 24 hours a day, 7 day a week even on holidays.

 

bullet Insurance - back to top

Credit Life and Disability Insurance
We offer credit life and disability insurance on all of our loan products, excluding mortgages. For just pennies a day, you can help protect your family from the unexpected. In the event of your death, credit life insurance pays the insured balance of your loan, up to the policy maximum. Should you become totally and continuously disabled by a covered sickness or accident your loan payments are protected. Qualifying for either the credit life or credit disability insurance is easy; you must meet certain age and health requirements. Our loan officers can answer any questions you may have regarding this important loan feature. Insurance is provided through Creditor Resources, Inc.