Savings

Share Savings

Whether you’re saving for a rainy day or building a solid nest egg for retirement, we offer tailored savings solutions designed to meet the unique needs of First Responders. Start securing your bright financial future today!

Grow your savings in a Share Account with a great National Police Federal Credit Union interest rate

Membership begins with a Share Savings Account. When you open your Share Account*, you become a member of National Police Federal Credit Union and you are able to take advantage of all our amazing products and benefits.

**Minimum initial share deposit of $10.

Our saving rates
are tiered

Which means the more you save, the more you earn in interest.

Money Market

A Money Market Account can help your savings grow faster. Our Money Market Account allows you to earn competitive rates of return while providing you with immediate access to your money.

Our saving rates are tiered. Which means the more you save, the more you earn in interest.

Managing a National Police Federal Credit Union Money Market Account

You can deposit funds into your National Police Federal Credit Union Money Market Account via:

Christmas Savers

One of our most popular types of Savings Accounts is Christmas Savers! National Police Federal Credit Union’s Christmas Savers Account is designed to help you save a little money for the most expensive time of year.

Our Christmas Savers Account is designed to make saving for the holidays easy and painless. You may close the account at any time but if you do so before the dividends are paid, you will not receive the accrued interest for the quarter.

Save for the Holidays all year long!

Did you find yourself strapped for cash last holiday season, or are you concerned about this year’s upcoming festivities? Begin saving money for the holiday season.

The Christmas Savers Account pays you a higher interest rate than several other types of savings accounts, and if you set a little aside each paycheck, it will add up in a hurry.

Last year’s Christmas Saver’s Account included the participation of over 1,534 members who saved a whopping $1,547,505.30! Were you one of last year’s savers?

If not, there’s still time to save money this year.

Higher interest rate than other savings accounts

Runs from October 1 through September 30 of the following year
Funds accumulated in your Christmas Savers account will automatically transfer into your regular Savings or Checking account on October 1st
Higher interest rate than other types of savings accounts
Interest compounds daily and dividends are paid quarterly
Minimum $50 balance to be maintained to obtain the disclosed annual percentage yield
Can be opened at any time with no limit to the amount of deposits you make, will automatically renew
Two withdrawals per year. $5 early withdrawal fee applies

Share Certificate

A Share Certificate is a safe and secure instrument for members interested in earning higher dividends on their savings. The rates are higher than on a regular Savings Account and, historically, have been higher than those offered by area banks.

*Dividends posted on March 31st, June 30th, September 30th and December 31st.

Individual Retirement Account (IRA)

Consider opening an Individual Retirement Account (IRA) as an important step in building a secure financial future.

Roth, Traditional, and Educational IRAs available
IRA Share Certificate investment vehicles available through Chicago Patrolmen’s
Minimum initial deposit is $25 for a Share IRA, $1,000 for a Traditional and Roth IRA Share Certificate, and $500 for an Education IRA Share Certificate
Capitalize on the applicable tax benefits, consult your tax advisor