No minimum balance
No minimum monthly balance required and no monthly maintenance fees.
Make up to six withdrawals1 each month without penalty.
Higher Interest Rate
A higher interest rate than a typical savings account.
Log in to Online Banking.
NavigateClick the More icon on the left-hand side and then Open New Account.
Select Open Now and follow the prompts.
1The dividend rate and annual percentage yield (APY) may change at any time. Dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. The dividend period for this account is monthly. Dividends will begin to accrue on the business day non-cash items are placed (for example checks) into the account. During any statement cycle, no more than six withdrawals or transfers to another credit union account or to a third party by means of a preauthorized, automatic, or computer transfer or telephonic order or instruction. Exceeding the withdrawal limit will result in a $3 fee for each additional transaction and the account may be subject to closure by the credit union. Balances that fall below $1,000 will earn the Regular savings rate.
IRA Money Market dividends are calculated by the daily balance method which applies a daily periodic rate to the balance in the account each day. The dividend period for this account is monthly. Dividends will begin to accrue on the business day you place non-cash items (for example checks) to your account. IRA Money Markets are not available in Puerto Rico.
Money Market Special
2Offer valid for new Money Market Special account with a minimum opening balance of $15,000 in new money. New money is defined as money not on deposit with BCU at or within 90 days prior to account opening. This is a tiered rate account. Rates and Annual Percentage Yields (APYs) accurate as of 1/1/2020. Balances below $15,000, you will earn the stated lower rate of 0.05% with an APY of 0.05% and balances of $15,000 and over will earn the higher stated rate of 0.99% with an APY of 1.00%. The rates and APYs are variable and may change at any time after the guarantee period as determined by us. There is no minimum balance to earn an APY. Dividends are calculated by using the Average Daily Balance method, which applies a daily periodic rate to the balance in the account each day. The dividend rate for a particular tier will apply to the entire balance if the average daily account balance is within the balance range for that tier. Dividends will be compounded and credited monthly. The dividend period begins on the first calendar day of the period and ends on the last calendar day of the period. Dividends will begin to accrue on non-cash deposits (e.g. checks) on the day after you make the deposit to your account. If you close your account before accrued dividends are credited, accrued dividends will not be paid. Six withdrawal transactions per month are allowed. No more than six preauthorized, automatic, or telephone transfers may be made from this account to another account of yours or to a third party in any month. If you exceed the transfer or withdrawals limitations, your account may be subject to a $3 excessive withdrawals fee for each transaction that exceeds the monthly six transaction limit and closure by BCU. See Service and Fee Schedule in BCU Deposit Account Agreement at http://www.BCU.org for a list of fees applicable to this account.