 | People’s Community Partnership Federal Credit Union gives you the opportunity to invest in the Oakland community by investing in People’s. As a not for profit community development credit union, a large part of our funds comes from our supporters. With a Community Development Certificate we welcome you to support us by opening a special below-market-rate account. This helps then to give People’s the opportunity to provide our services to the underserved community. These accounts are open to members and non-member depositors such as banks, other credit unions, foundations, and corporations. Rates and terms are negotiable.
PCPFCU is certified by the State of California as a Community Development Financial Institution (CDFI). An individual or corporation making a $50,000 deposit in a five-year Certificate of Deposit at 0% interest is entitled to a state tax credit of 20% of the deposited amount in the year in which the deposit is made. This is an excellent way to net a competitive rate of return while making an investment in Oakland's communities. Learn more about California's COIN program here.
If you are interested and would like to learn more about how to support us, let us know by contacting us today! |
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