Effective January 1, 2024

Share/Savings

Product Minimum to Open Minimum to Obtain APY* APY*
Basic Share Savings$5$1000.38%
Kid's Club$5$50.38%
Teen Club$5$50.38%
Holiday Club$0$1000.38%
Special Accounts$0$1000.38%
Premier Checking$2,000$2,0000.11%

Money Market Accounts

Product Minimum to Open Minimum to Obtain APY* APY*
Money Market$1,500$0
$2,499.99 or below0.35%
$2,500 to $9,999.990.50%
$10,000 to $24,999.990.60%
$25,000 to $49,999.990.70%
$50,000 to $99,999.990.95%
$100,000 or greater1.25%

Share Certificate Specials

Product Minimum to Open APY*
13 Month Certificate***$5004.25%
13 Month Certificate - New Money***$5005.10%

Share Certificates

Product Minimum to Open APY*
6 Month Certificate$500**1.10%
9 Month Certificate$500**4.00%
12 Month Certificate$500**4.25%
15 Month Certificate$500**4.00%
18 Month Certificate$500**3.90%
24 Month Certificate$500**2.45%
30 Month Certificate$500**2.35%
36 Month Certificate$500**2.30%
48 Month Certificate$500**2.30%
60 Month Certificate$500**2.25%

Term IRA Accounts

Product Minimum to Open APY*
IRA Accumulative Savings$250.38%
6 Month Certificate$5001.10%
9 Month Certificate$5004.00%
12 Month Certificate$5004.25%
15 Month Certificate$5004.00%
18 Month Certificate$5003.90%
24 Month Certificate$5002.45%
30 Month Certificate$5002.35%
36 Month Certificate$5002.30%
48 Month Certificate$5002.30%
60 Month Certificate$5002.25%

*APY = Annual Percentage Yield. Each Member is federally insured up to $250,000 by the NCUA (National Credit Union Administration), a U.S. Government agency. Fees and other conditions may reduce earnings on the account. Early withdrawal penalties may apply. Rate may change after the account is opened. All rates are subject to change without notice. The rate contracted for all certificates will remain in effect for the entire term of the certificate. Certificates will be automatically renewed at the prevailing rate upon maturity.

**Kids Club and Teen Club members can open a share certificate with a minimum of $250.

***These promotional certificates have a 13 month term with $500 minimum deposit for regular membership accounts and $250 minimum deposit for kid and teen club membership accounts. "New Money" means funds that have not been on deposit with Penn State Federal more than seven (7) days before the day of account opening. Early withdrawal penalties apply and may reduce earnings. Penn State Federal reserves the right to limit deposits into these special Certificates. This limited-time offer is subject to change at any time without notice. Special 13 month Certificate renews automatically to a standard 12 month term at the rate in effect at the time of renewal unless instructed otherwise.