p : 412.963.8909      f : 412.963.1106      207 Sigma Drive Pittsburgh, PA. 15238      Map     Directions
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PATA Federal Credit Union

The PATA Federal Credit Union is a member owned, Community Involved, financial cooperative federally chartered in 1986 to serve the financial needs of the members of the Greater Pittsburgh Automobile Dealers Association. All Association members' employees and their immediate families are eligible for membership. We are governed by a Board of Directors elected by the membership to serve on their behalf. The Board meets monthly to review income, expenses, loans, investment policies and to keep rates current and competitive. Credit Unions were originally formed to permit those in a specified field of membership to pool their savings, lend them to one another, and own the organization where they can save, borrow, and obtain financial services. At the PATA FCU we continue to maintain growth, with assets at almost $3 Million and more than 1400 members.

LOCATION:
207 Sigma Drive
Pittsburgh, PA 15238
Phone: (412) 963-8081
Fax: (412) 963-6838

OFFICE HOURS:
7:30 - 3:30 Monday thru Friday -- Closed on Major Holidays

GENERAL INFORMATION

Membership Fee: $2.00 Lifetime membership fee (as a member in good standing, family members are also eligible to join)

Deposits: Your saving are federally insured to at least $250,000.00 and backed by the full faith and credit of the United States Government. NCUA National Credit Union Administration, a U.S. Government Agency

Payroll Deductions: Direct deposit is available from as little as $2.00.

Withdrawls: Two (2) per month free; $10 charge for each additional withdrawal.

Savings (Share) Accounts: Regular shares, Christmas Club, Vacation Club, and Share Certificate accounts are available; Regular savings account must maintain a minimum balance of $25 with balances under $100 subject to a monthly $1.00 low balance fee. Dividends are paid quarterly and added to your savings account. Withdrawals can be made by calling ahead to (412) 963-8081 or simply stopping in our office at 207 Sigma Drive. Share certificate accounts can be purchased for as little as $500. Terms are from 6-12 months & a deposit of $2,500 for 24 and 36 months. Rates are subject to change monthly. Dividends on fixed rate certificates are compounded quarterly.

Loans: Any member who wishes to borrow from the credit union must have a $100 minimum balance in their shares (savings) account. They must have 90 days with their current employer and 6 months continuous employment. Loan applications may be sent through the mail or completed at the credit union office. Loan applicants are reviewed based on credit history, employment history, debt to income ratio, etc. Types of loans available include auto and other type vehicles, home improvement, mobile homes and signature loans as low as $250 or as high as $5,000.

Checking: Free checking with an optional VISA debit card is offered to members in good standing.

Credit Card: A VISA credit card is available with a 7.99% - 17.99% APR variable rate.

Other available services include: access to consumer information such as NADA book values for new and used vehicles, credit references (given only at the request of member), I.D. cards, quarterly statements, and the reconciliation of statements (for a nominal fee)

Loan Rates

Description Maximum Term Daily Periodic Rate Annual Percentage Rate
Personal Loan 12 Months .01684931506 As low as 6.15%*
24 Months .01753424657 As low as 6.40%*
36 Months .01821917808 As low as 6.65%*
48 Months .01890410958 As low as 6.90%*
100% Share Secured 72 Months 1.99%
Certificate Secured 72 Months .00545205479 1.99%
New Vehicles + 36 Months .00545205479 As low as 1.99%*
42 Months .00545205479 As low as 1.99%*
48 Months .00545205479 As low as 1.99%*
60 Months .00545205479 As low as 1.99%*
72 .0068219178 As low as 2.49%*
+ New vehicles will be financed up to 100% of the sticker price / current and previous year untitled / not to exceed $55,000.00 / length of loan depends on $ amount financed.
Used Vehicles ++ 36 Months (Max term for  2005) .01479452054 As low as 5.4%*
60 Months (Max term for 2007/2006) .011369856301 As low as 4.15%*
60 Months (Max term for 2014/2008) .00863013698 As low as 3.15%*
72 Months (Max term for 2010/2014) .01 As low as 3.65%*
84 Months Maximum .0202739726 As low as 7.40%*

++ Used vehicle maximum loan amount based on 100% of current NADA retail, including taxes. etc. / will finance up to 10 years old / not to exceed $45,000.00 / length of loan depends on year of vehicle and $ amount financed.

Pleasure Vehicle (boat, RV, custom van, classic vehicle, etc.): 100% of sticker price for new purchase or 100% of retail value for used purchase / length of loan depends on year of vehicle and $ amount financed / not to exceed $55,000.00.

* The rate you pay will be based on the number of years your loan is fianced and your credit score. Rates are subject to change without notice. Contact the credit union for additional rates, terms, and payment calculator.

Credit Rates

Description Maximum Term Daily Periodic Rate Annual Percentage Rate
VISA Credit Card (No annual fee, $7,500 max.) 7.99% - 17.99%

Share Rates

Description Dividend APY* Specials
Primary Share Account .01% .01% none
Super Savers Account .03% .03% none
Vacation Club Account .01% .01% none
Christmas Club Account .01% .01% none
Youth Account .01% .01% none

There are no dividends paid on account balances below $100.00. All dividends paid are based on earnings and cannot be guaranteed beyond current period. APY* is accurate as of 9/30/2014.

Term Minimum Deposit APR** APY*
6 months $500.00 .05% .05%
12 months $500.00 .10% .10%
24 months $2,500.00 .15% .15%
36 months $2,500.00 .20% .20%
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Penalty for early withdrawl may be imposed. Early withdrawl may reduce earnings. APY* is accurate as of 9/30/2014
* APY = Annual Percentage Yield
** APR = Annual Percentage Rate