Savings & Money Market Rates
Select the account that will support your savings plan and start watching your balance grow over time.
Effective Date: Thursday, April 25, 2024
| Products | Minimum Deposit | Dividend Rate** | APY* |
|---|---|---|---|
| Savings Share Account | $25.00 | 0.05% | 0.05% |
| Money Market Deposit Acct*** | $2500.00 | 0.20% | 0.20% |
| High Yield Money Market Acct# | $25000.00 | 0.25% | 0.25% |
| Diamond Money Market**** | $35000.00 | 4.25% | 4.33% |
*APY is Annual Percentage Yield. The rates quoted are accurate as of the date indicated and are subject to change. Dividends are credited to your account and compounded every month. This schedule is incorporated as a part of your account agreement with your credit union.
**All savings rates are variable, this means the dividend rate and annual percentage yield may change at any time as determined by the Board of Directors. The rates quoted are accurate as of the date indicated and are subject to change.
***The rate on balances under $2,500.00 is .05% (APY is .05%).
#The rate on balances under $25,000.00 is .05% (APY is .05%).
****Annual Percentage Yield (APY) 4.59%, rate is 4.50%. Effective April 3, 2023. Minimum to earn stated rate is a monthly average balance of $35,000. If the monthly average balance falls below $35,000 but above $25,000 the rate will be .25%. If the monthly average balance falls below $25,000 the rate will be .05%. $1,000,000.00 maximum balance. Minimum to open an account is $35,000 with new money to BCU. Interest will be compounded and credited to your account monthly. If you close your account before interest is credited, you will not receive the accrued interest. Rate subject to change without notice.