Rates

Benton County Schools Credit Union strives to offer competitive rates on all our loans, savings, IRA, and Certificates of Deposit (CD)!

 New Vehicle – Fixed Rate Loans – Effective August 1, 2017
APR Maximum Term
3.00% 84 Months

 

New Vehicle – Variable Rate Loans
APR Maximum Term Margin Minimum APR
0.75% 84 Months 0.25% 0.75%

APR – Annual Percentage Rate

*These are our lowest rates offered, your rate may vary depending on your credit history*

A car is considered “NEW” if it is next year’s, this year’s, or last year’s model, regardless of mileage or warranty.

SAMPLE VEHICLE LOAN TERMS:  $25,000.00 loan at 2.50%, 84 monthly payments of $324.77.

 

Used Vehicle (less than 6 model years old) – Fixed Rate Loans
APR Maximum Term
3.50% 84 Months

 

Used Vehicle (less than 6 model years old)- Variable Rate Loans
APR Maximum Term Margin Minimum APR
2.00% 84 Months 1.50% 2.00%

 

Used Vehicles (greater than 6 model years old) – Fixed Rate Loans
APR Maximum Term
3.75% 72 Months

 

Used Vehicles (greater  than 6 model years old) – Variable Rate Loans
APR Maximum Term Margin Minimum APR
2.25% 72 Months 1.75% 2.25%

APR – Annual Percentage Rate

*These are our lowest rates offered, your rate may vary depending on your credit history*

SAMPLE VEHICLE LOAN TERMS:  $20,000.00 loan at 3.25%, 84 monthly payments of $266.57.

ACCOUNTS INTEREST RATE APY EFFECTIVE DATE
6 Month CD 0.25% 0.25% August 1, 2017
9 Month CD 0.30% 0.30% August 1, 2017
12 Month CD 0.45% 0.45% August 1, 2017
18 Month CD 0.50% 0.50% August 1, 2017
24 Month CD 0.60% 0.60% August 1, 2017
30 Month CD 0.70% 0.70% August 1, 2017
36 Month CD 0.80% 0.80% August 1, 2017
48 Month CD 0.90% 0.90% August 1, 2017
60 Month CD 1.20% 1.21% August 1, 2017

Rates subject to change without notice, contact the office to verify that the rates above are our current offering.

APY-Annual Percentage Yield
Minimum Certificate Amount = $1,000.00

Interest Paid Monthly to Certificate
Penalty for Early Withdrawal: All or any portion of the principal may be withdrawn prior to maturity of any term only with the credit union’s consent given at the time withdrawal is sought. If such consent is given, the withdrawn amount will be subject to a substantial penalty equal to the interest on the amount withdrawn at the simple interest rate of this account, but shall not be more than 90 days worth of interest nor less than five (5) days of interest on the withdrawn amount.
NON-TRANSFERABLE

CD’s
Account Type Interest Rate APY* Effective Date
1 Year CD 0.25% 0.25% August 1, 2017
2 Year CD 0.50% 0.50% August 1, 2017
3 Year CD 0.75% 0.75% August 1, 2017

Minimum Amount to open and earn APY = $100.00

Penalty for Early Withdrawal on CDs: All or any portion of the principal may be withdrawn prior to maturity of any term only with the credit union’s consent given at the time withdrawal is sought. If such consent is given, the withdrawn amount will be subject to a substantial penalty equal to the interest on the amount withdrawn at the simple interest rate of this account, but shall not be more than 90 days worth of interest nor less than five (5) days of interest on the withdrawn amount.

SAVINGS
Account Type Interest Rate APY* Effective Date
IRA – Traditional, Roth, Education
(Paid Monthly) < $30,000
0.10% 0.10% August 1, 2017
IRA – Traditional, Roth, Education
(Paid Monthly) < $50,000
0.15% 0.15% August 1, 2017
IRA – Traditional, Roth, Education
(Paid Monthly) < $70,000
0.20% 0.20% August 1, 2017
IRA – Traditional, Roth, Education
(Paid Monthly) < $90,000
0.25% 0.25% August 1, 2017
IRA – Traditional, Roth, Education
(Paid Monthly) $90,000 +
0.30% 0.30% August 1, 2017

*APY-Annual Percentage Yield

Minimum Balance to open a BCSCU Savings IRA – N/A

Rates may be changed monthly at the discretion of the Board of Directors.

Any applicable fees may reduce the earnings on the above accounts.

ACCOUNTS DIVIDEND RATE APY* MIN.BALANCE
TO RECEIVE APY
MIN. OPENING
BALANCE
EFFECTIVE DATE
Member Advantage Savings
(Paid Quarterly)
0.13% 0.13% $2,500.00 $2,500.00 JUL 1- SEPT 30
Member High Yield Savings
(Paid Monthly)
0.20% 0.20% $25,000.00 $25,000.00 AUG 1- AUG 31
Money Market $30,000
(Paid Monthly)
0.15% 0.15% $10,000.00 $10,000.00 AUG 1- AUG 31
Money Market $50,000
(Paid Monthly)
0.10% 0.10% $10,000.00 $10,000.00 AUG 1- AUG 31
Money Market $70,000
(Paid Monthly)
0.10% 0.10% $10,000.00 $10,000.00 AUG 1- AUG 31
Money Market $90,000
(Paid Monthly)
0.10% 0.10% $10,000.00 $10,000.00 AUG 1- AUG 31
Money Market $90,000 +
(Paid Monthly)
0.10% 0.10% $10,000.00 $10,000.00 AUG 1- AUG 31
Regular Shares
(Paid Quarterly)
0.05% 0.05% $25.00 $25.00 JUL 1- SEPT 30
Member Choice Accts.
(Paid Quarterly)
0.05% 0.05% $25.00 $25.00 JUL 1- SEPT 30
Christmas Savings
(Paid Monthly)
1.05% 1.06% $0.01 $0.01 AUG 1- AUG 31
 Health Savings Accounts
(Paid Monthly)
0.20% 0.20%  $0.01 $0.01 AUG 1- AUG 31

*APY-Annual Percentage Yield

Rates may be changed monthly at the discretion of the Board of Directors.

Dividends are subject to credit union earnings and are officially declared at the end of the dividend period.

Any applicable fees may reduce the earnings on the above accounts.


Your savings federally insured to $250,000 and backed by
the full faith and credit of the United Sates Government
National Credit Union Adminstration, a U.S. Government Agency