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Parsons Federal Credit Union is pleased to present our newest product, Fixed-Term Annuity Share Certificates!
Our Fixed-Term Annuity Share Certificate is the smart choice for retirees and those nearing retirement who are looking at options to supplement their monthly retirement income.
Unlike annuities offered by insurance companies, PFCU's Fixed-Term Annuity Share Certificate will never lose value and is guaranteed to pay more than 100% of your original deposit! Also, unlike many annuities offered through insurance companies, a Parsons Federal Credit Union Fixed-Term Annuity Share Certificate pays 100% of any remaining balance in full to your beneficiaries upon death.
Our Fixed-Term Annuity Share Certificate accounts are Federally insured by the National Credit Union Administration (NCUA) up to $100,000 per account ($250,000 for retirement accounts) and PFCU provides an additional $250,000 excess share insurance through American Share Insurance at no cost to you.
To open your Fixed-Term Annuity Share Certificate account, please contact us at 800-765-4527 or visit your local brach.
Click here for Current Yields
Click here for our Fixed-Term Annuity Share Certificate Calculator
This is not an insurance product. $10,000 minimum initial opening deposit required. Penalty for early withdrawal. This is a fixed-term deposit account designed to have a zero balance at maturity. Individuals should consider many factors when deciding to open a Fixed-Term Annuity Share Certificate including personal health, family history, average life expectancy, and any other factors unique circumstances.
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