Amarillo Postal Employees Credit Union logo

Routing Number: 311376766

ACCOUNTS

Grow your savings with our Share Accounts!  

Share Savings Accounts

When you become a member of the credit union a savings account is opened in your name. An initial deposit of $25 is required. All members must maintain a $25 balance in their savings account to remain a member, and demonstrate regular activity in their account to keep it open.

  • A competitive interest rate paid monthly on the average daily balance in your savings account.
    Click here for current rate information.
  • Withdrawals: To withdraw money from your savings account, simply stop by the credit union or go to an ATM terminal.
    Members may make up to six savings withdrawals per quarter free of charge. After six withdrawals in one quarter a $1 charge per excessive withdrawal is applied.
  • 24 hour Online Banking access
  • Quarterly statements by mail.
  • Payroll deduction: You may have deposits to your savings account deducted directly from your paycheck.

If you have any other questions about regular savings accounts at Amarillo Postal Employees CU, contact us. Click here for the savings calculator.

Happy family enjoying a camping trip in the forest with RV
Happy family enjoying a camping trip in the forest with RV
Happy family laughing together on a cozy living room sofa
Happy family laughing together on a cozy living room sofa

Share Savings Certificates

You can open a Regular Savings Certificate with a minimum balance of $2500. Certificates are available with terms of six months to 12 months.

Features of our Savings Certificates include:

  • 24 hour Online Banking access
  • A fixed dividend for the term of the certificate.
  • Competitive dividend rates
  • Quarterly statements by mail

Please contact us if you have any questions about Savings Certificates.

Individual Retirement Accounts

One of the greatest challenges facing Americans today is ensuring the financial well being and security of your family throughout your retirement years. With uncertainty over the adequacy of social security growing daily, it’s increasingly necessary to rely on your own savings plans and resources to support your future retirement plans.

Yet another challenge is finding money for the impending college education expenses for your children. Tuition and other collegiate expenses are on the rise, so it’s a good idea to get a head start on saving for those expenses now, instead of getting caught unprepared later!

At Amarillo Postal Employees CU, we offer savings accounts and Traditional IRA’s geared to help you save for your family’s future.

TRADITIONAL IRAs

Traditional IRAs are valuable long-term savings tools that can provide safety and security for you and your family. Your contributions can be deducted from your taxable income, reducing the income taxes you are currently paying.

 

Traditional IRA Features:

  • Can be opened and funded without any employer participation
  • Contributions and/or earnings are tax-deferred until retirement
  • Possible deductions based on retirement plan participation and income
  • Provide full accessibility to your funds; 10% early distribution penalty if younger than 59 ½ years
  • Completely flexible as there is no minimum contribution in any year
  • Members under age 70 ½ years may contribute a maximum of $5K per year

Amarillo Postal Employees CU offers a Traditional IRA that pays competitive market rates. To view current rates click here or click here for the retirement calculator.

* The Credit Union provides no legal advice to members, and provides the foregoing information from a reliable resource to give our members a basic understanding of these services. You should consult with your tax or legal advisor regarding any particular and the current status of applicable federal and state laws.

Happy senior couple enjoying a sunny day outdoors together
Happy senior couple enjoying a sunny day outdoors together
Man smiling while using a smartphone in a cozy living room
Man smiling while using a smartphone in a cozy living room

Payroll Deduction

When you establish payroll deduction at Amarillo Postal Employees CU, money is automatically deducted from your paycheck and deposited in your savings account or checking account, or used to make loan payments. It’s an easy way to save or to ensure that you’ll never miss a loan payment.

Please contact us for more information on payroll deduction.

Direct Deposit

You can arrange to have your payroll, Social Security, pension or any other recurring check deposited directly into your Amarillo Postal Employees CU checking or savings account. By doing so, you can eliminate the possibility of losing your check and avoid the need to stand in line to cash or deposit it.

The routing number is 311376766

Please contact us if you have any questions about direct deposit.

Woman smiling at phone in cafe while using laptop
Woman smiling at phone in cafe while using laptop
Man happily using smartphone at home in bright living room
Man happily using smartphone at home in bright living room

Federal Insurance

The National Credit Union Administration (NCUA) provides insurance coverage of up to $250,000 for your Credit Union account(s). To learn more about the type of accounts and the total amounts that the NCUA may insure visit this link directly to NCUA: http://www.ncua.gov/ShareInsurance/index.htm.