Savings Accounts

BCSCU offers several savings accounts for your various savings needs. View the Savings Rates page for the current interest rate on each account.

Regular Shares
This is your required membership account. The minimum balance required in this account is $25. Dividends are paid quarterly based on your average balance over the quarter.

Club Accounts
BCSCU offers five club accounts to allow you to save for specific reasons. They are Miscellaneous Savings, Summer Savings, Tax Savings, Holiday Savings, and Household Savings. They all pay the same rate as Regular Shares, with interest compounded quarterly based on your average balance for the quarter. No minimum balance is required to open these accounts.

Christmas Club Savings
Save for the holidays with our Christmas Club Savings. Funds will be mailed to you in mid-November. You pay a penalty to withdraw the funds early. This is a great way to save for the holidays. Who wouldn't want a big check showing up in the mail right before Christmas?

Money Market
The minimum balance to open this account is $10,000. Interest is paid monthly based on your average balance for the month. Money Market pays a higher rate than our regular accounts.

Member Advantage
If you don't have $10,000, but still want to earn a higher interest rate, try our Member Advantage Savings. With a minimum balance of $2,500 you get a higher rate than our regular and club accounts. Seven day minimum deposit requirement to open this account.

Member High Yield
This is our highest earning savings account. Minimum balance required for this account is $25,000. Interest is paid monthly based on your average balance for the month. Seven day minimum deposit requirement to open this account.

IRA Accounts
Traditional, Roth, and Education IRA's are available in a savings account or certificate investment. All IRA savings accounts pay the same rate as money market and are compounded on a monthly basis. Minimum balance to open any IRA is $1.

HSAs
If you have a High Deductible Health Plan you can open a Health Savings Account. Click here for general information.

Fee Schedule
Negative Balance Charge – $1 per day that account balance is below Zero
Third Party Teller Checks-$3 per check under $500
Incoming Wires-$12 on normal US institution to institution wires
Duplicate Statement Fee-$2 per statement
Account Closure Fee-$5