Intro – Greater Pittsburgh Police Federal Credit Union Reviews & Ranking
AdvisoryHQ recently published its list and review of the top credit unions in Pittsburgh, a list that included Greater Pittsburgh Police Federal Credit Union.
Below we have highlighted some of the many reasons Greater Pittsburgh Police Federal Credit Union was selected as one of the best credit unions in Pittsburgh.
Click here for a detailed review of AdvisoryHQ’s selection methodology: AdvisoryHQ’s Methodology for Selecting Top Banks and Credit Unions.
Greater Pittsburgh Police Federal Credit Union Review
Greater Pittsburgh Police Federal Credit Union was founded in 1935 to serve as a dependable financial institution for the Pittsburgh Bureau of Police who belong to the Policemen’s Relief and Pension Fund and who work in Pittsburgh, PA. Over the years, they have expanded their field of membership to include all those who are employed in the public safety field as well as members of the Fraternal Order of Police #1 and #91.
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Today this prestigious Pittsburgh credit union serves more than 5,800 members and holds $62 million in assets. They are a credit union in Pittsburgh that is continuously looking to implement new products and services and offer the latest technology while maintaining a safe and sound environment for their members’ money.
Key Factors Leading Us to Rank This Firm as One of This Year’s Top Credit Union Firms
Upon completing our detailed review, Greater Pittsburgh Police Federal Credit Union was included in AdvisoryHQ’s ranking of this year’s best credit unions based on the following factors.
Greater Pittsburgh Police Federal Credit Union Review: Share Draft (Checking) Account
Greater Pittsburgh Police FCU offers an ideal checking account with all the basics and none of the costs that many big name financial institutions charge.
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With a Share Draft Account from this top credit union in Pittsburgh, PA, members enjoy:
- No monthly fees
- No account fees
- No minimum balance requirement
- Free home banking
- Free bill payment
- Free e-statements
- Free mobile banking
- Mobile deposit
With this convenient, no-cost account, members get all the luxuries of a checking account at a big name bank without any of the costs that are usually associated with them.
Greater Pittsburgh Police Federal Credit Union Review: Home Equity Loans
A home equity loan is an affordable way to finance a college education, pay off existing debt, or make major home improvements.
Greater Pittsburgh Police FCU offers home equity loans at competitive rates and with convenient terms. Home equity loans at this Pittsburgh credit union come with a fixed rate for easy repayment and budgeting.
Members may be approved for a home equity loan for up to eighty percent of the value of their primary residence with a minimum loan amount of $10,000. This credit union in Pittsburgh makes it easy for members to qualify: credit scores can be as low as 600 to qualify for their home equity loan.
Greater Pittsburgh Police Federal Credit Union Review: Share Certificates
Share Certificates are the credit union version of a bank’s Certificate of Deposit. They make a great way to invest money safely for a fixed rate of return. Share Certificates from Pittsburgh Greater Police FCU come with many benefits. The interest earned on Share Certificates is reinvested quarterly and begins to accrue on the day the opening deposit is made.
Share Certificates from this top credit union in Pittsburgh, PA, also automatically renew upon maturity, have a low minimum opening deposit requirement of $500, and the fixed rate of return is clearly stated up front so that there are no surprises.
Rates are competitive and term options are flexible:
- 6 month term – 0.60% APY
- 12 month term – 0.95% APY
- 36 month term – 1.51% APY
A penalty does apply for early withdrawal, so it is best for members to pick a term they are truly comfortable locking their funds in to for the entire duration of the term.
In addition to the above Greater Pittsburgh Police Federal Credit Union review, you can click on any of the links below to browse exclusive reviews of AdvisoryHQ’s top rated banking firms & credit unions:
AdvisoryHQ (AHQ) Disclaimer:
Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.
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