PAFCU Gives Cash Back for 2018 Personal Loans!

Some might say 2018 was a good year for the credit union.

That’s not quite accurate. 2018 was a great year!

Since saying “Thank You” to our members just didn’t seem like enough, PAFCU’s Board of Directors authorized a cash rebate equal to 20% of interest members paid in 2018 on their non-mortgage loans.

That’s right! Members who had a vehicle loan, personal loan, or an unsecured line of credit in 2018 received a cash deposit into their share accounts in December. Cash rebates ranged from $5 to more than $800, depending on how much loan interest members paid in 2018.

We are often asked to explain the difference between banks and credit union. Banks return their profits to their stockholders. Credit Unions return their profits to their members in the form of better interest rates and lower or no fees. And this interest rebate certainly illustrates this difference.

We truly appreciate your support for the only credit union formed to help the Polish community. We wish our members nothing but the very best in 2019.

*The rebate amount members receive depends on the number of months the loan was active since January 2018. If your loan began during another month of the year, the amount will reflect the corresponding rebate.

This rebate is for 2018 loans only.  Any member that was delinquent with a payment in 2018, or caused the credit union a loss, is not eligible for this rebate. Mortgages, home equity loans/lines, and credit card loans are not included. Minimum qualifying rebate amount is one cent. The credit union may consider the offer again in 2019 but the rebate is not guaranteed.

Not a member of Polish-American Federal Credit Union? Click here for more information!

 

We now offer a checking account offering members a higher yield!

Follow these simple guidelines and your Preferred Checking Account will begin to earn 3.03% APY* on the first $7,500 of your balance:

*Perform at least eight debit card transactions each month. These must be point of sale signature (credit) transactions where a PIN is not required. Online purchases are eligible.

*Establish Direct Deposit/ACH with PAFCU.

*Receive your monthly statement electronically through eStatements.

Members will receive the 3.03% APY begins with the first dollar deposited. Balances above $7,500 will receive the regular .05% APY. Members not meeting all aforementioned criteria will also receive .05% APY.

Please note: Members must sign up for Preferred Checking. If not, the regular checking account (and rate) will remain active.

APY = Annual percentage yield.

Refer Us to Your Family and Friends!

If you believe we’re taking good care of your financial needs, share your proud Polish heritage by referring your family members and friends to Polish-American Federal Credit Union!

When you do, we’ll give $50 to you and the new member you sent our way if they become an active debit card user. If the person opens a savings account only, we’ll still give both of you $25!

Hurry! This offer is limited and can expire at any time.

We would be honored to provide your family and friends with a unique banking experience unlike any other financial institution.

Remember — at a credit union, profit is returned to our members in the form of lower loan rates, higher savings rates, and low (or no) fees!

Dear Member:

You are receiving this notice to let you know about recent routine maintenance performed for the Polish-American Federal Credit Union’s online Home Banking system.

To ensure you experience online banking without any interruptions, please be sure your internet browser is up to date.

Please be sure you are using one of these browsers:

• Internet Explorer (10+)
• Chrome
• Firefox
• Safari
• Opera

Internet Explorer may require you to enable TLS 1.2 manually. This is performed with the following steps:

1. Under “Tools”, select “Internet Options”. Select the “Advanced” tab, and scroll down to “Use TLS 1.2” and check the box.
2. Click “Apply” and “OK”.
3. Also, under “Control Panel” on the computer: Find the Java icon and click. Next, select  the “Advanced” tab and scroll down to Use TLS 1.2. Check the box. Finally, click “Apply” and “OK”. The recommended Java version is Version 8 Update 65. The Java should be updated to this version as well, though some older versions of Java may still work.

The other browser  use TLS 1.2 by default.

If you currently access our online banking smoothly, please disregard this notice.

We apologize in advance for any inconvenience. Please contact us during normal business hours at (248) 619-0440 with any questions.

Thank you,
Polish-American Federal Credit Union