Share Certificates
If you’re looking for a safe, long-term investment strategy, a Share Certificate is a great place to start. With all the ups and downs on the stock market, it’s reassuring to know that a Professional Fire Fighters Certificate Account will never lose its original value. The dividend-earning rate is higher than a standard savings account and the terms are flexible: from 30 days up to three years. Your minimum deposit of $1,000.00 will get you started earning interest today.
Terms – The minimum term for a Share Certificate is 1 month and the maximum term is 36 months.
Rates – The minimum deposit to open a certificate is $1,000.00.
Penalty – Prior to the maturity of the certificate the member will receive a renewal notice. The member may choose to let the certificate renew at the current term or they can choose another avenue. If the member chooses a different option they have 10 days after the maturity to do so without penalties being accessed. Special Certificate offers may not be renewable.
Individual Retirement Accounts
Individual Retirement Accounts are more popular than ever
A solid, diversified financial plan for retirement is one of the keys to happiness and comfort later in life. Don’t wait to start planning for your retirement… it isn’t too soon or too late! Professional Fire Fighters offers IRAs to fit your particular financial profile or needs.
An Individual Retirement Account (IRA) – is a good way to save for retirement.
Traditional IRA – Many taxpayers enjoy partial or full tax deductibility on Traditional IRA contributions. Even if contributions do not qualify for tax deductibility, the dividends earned are tax-deferred until IRA funds are withdrawal.
• Withdrawal can be made at age 59 ½ without penalty
• Must begin to make withdrawals at 70 ½
• Withdrawals made prior to age 59 ½ may be penalized by the IRS
• Contributions may be tax deductible
• Contributions may be made up to age 70 ½
• Previous years deposits are acceptable up to April
Some contributions are tax deductible depending on adjusted gross income and filing status. Contributions accumulate tax-free until you withdraw the money from the account.
Roth IRA – Contributions to a Roth IRA are not tax deductible. Contributions may be withdrawn tax and penalty free at any time. Earnings are tax free if account is opened for five tax years and withdrawn for a qualified reason.
• Contributions may be withdrawn at any time without penalty
• Earnings may be withdrawn without penalty if it is a “qualified distribution”
• No age limits for contributions as long as they qualify
• Contributions are not tax deductible
• Earnings have the potential to be tax free
• Previous years deposits are acceptable up to April 15th or final tax filing date for the year.
Coverdell Education Savings Account – The Coverdell Education Savings Account was created to help parents save for qualified education expenses for a child. Withdrawals are tax and penalty free only for qualified educational expenses. Funds may be transferred for one child’s account to another child within the family.
• Contributions are not tax deductible
• Earnings are tax free if used for education expenses of the child
• Child is “designated beneficiary”
• Account must be established before child is 18
• Account is in the name and SS# of child
• Funds in the account are controlled by the “responsible individual”
Home Banking
Provide your family with secure and easy access to your Professional Fire Fighters accounts online 24 hours a day, 7 days a week. Enjoy a variety of services including online bill payments, funds transfer, viewing account balances & history, and much more!
Free Online Check Copies
See Cleared Checks Online! Do you ever forget to write down in your check register to whom a check was written, and you just can’t remember? This FREE service allows you to view your paid checks for the last 3 months from when the checks cleared your checking account. You can save a copy of the image on your computer or print them out for future reference. However, if the payee processed the check as an electronic item, you will not be able to view the check image.
Notary Service
Notary Service is free to members and available at 9410 Healthplex Drive, Shreveport. Please check and call for availability notary hours. *We can not notarize cash sell deeds, transfers of property (land or anything pertaining to houses), wills, power of attorneys, divorce, successions, or anything that has to be filed at the courthouse.
Basic Checking Account
Professional Fire Fighters Basic Checking Accounts is ideal for the member who does not want to keep a minimum balance in their checking account. The account features a free VISA Debit Card and unlimited check writing. With checking, your money is always conveniently right at your fingertips.
• Minimum to open this account is $25.00
• Monthly service charge of $2.00
• Dividends are earned on any balance of $2,500.00
Bill Pay
Set up your bills to be paid right away, on a scheduled date or set up for recurring payments, all at the click of a button. Available via computer, it allows unlimited bill payments and provides a history of past payments. Experience financial freedom and enroll for this free service today! Subscribers with three (3) consecutive months of inactivity will be removed from the program.
Free Services
Professional Fire Fighters offers an array of convenience products designed to help make our members’ lives easier and to help them save time. And what’s even better is that most of these services are provided either at very low cost or at no direct cost to you. With each Professional Fire Fighters Checking, you have full access to all of the features below.
• FREE VISA Check Card (with approval)
• FREE Online Check Copies
• Direct Deposit/Payroll Deduction
• ACH Transfers and Deposits
• Courtesy Pay
Direct Deposit or Payroll Deduction
Enjoy the convenience of Direct Deposit when your paycheck is posted automatically to your Professional Fire Fighters Checking Account. Funds are available on payday, saving the time, gas and effort of making deposits in person!
Other checks which may be deposited via Direct Deposit include federally-recurring checks, such as Social Security, Pension, and certain corporate payroll checks. Your joint account owner may also deposit directly to his or her Professional Fire Fighters account. Ask your company’s Payroll Department for details or use our Switch Kit to sign up today!
Overdraft Protection
When you open a Professional Fire Fighters Checking Account, Overdraft Protection is automatically set up to pull needed funds from your Regular Savings Account with a charge of $1 each transaction. Even if you think you’ll never overdraw your checking account, automatic overdraft protection gives you extra peace of mind. It also gives you an easy way to access your other credit union accounts through your checking account. There is no charge to set up automatic overdraft protection. You only pay for it when you use it – $1 per transfer.
Safe Deposit Box
Keep all your valuables safe and secure.
Sizes Full Price
3×10 $30.00 per year
5×10 $40.00 per year
10×10 $60.00 per year
*Eligibility for the boxes are opened for members only with a membership balance of $10.00 or more.
ACH Origination & Transfers
The Automated Clearing House (ACH) system allows a member to have electronic debits or credits automatically withdrawn from or deposited to his or her share account or checking account at Professional Fire Fighters Credit Union. There are two types of ACH transactions:
ACH Originations – Automatic Deposits and Withdrawals with another financial institution. ACH originations are “originated” by the credit union to occur on a specified date each month.
1. A member can choose to have money transferred from another financial institution to a deposit account or a loan at Professional Fire Fighters Credit Union.
2. A member can also choose to have money transferred from an account at Professional Fire Fighters Credit Union to a deposit account at another financial institution or payee.
ACH Receivables – Direct Deposit and preauthorized payments. To begin Direct Deposit of a check to a deposit account at Professional Fire Fighters Credit Union, please contact your employer’s payroll department.
Money Order
Use a money order where checks are not accepted for $1.00 per money order.
Wire Transfer
Bank-to-bank wire fee is $20.00 per transfer. To request a wire transfer call Member Services at 318.603.0626.