|
Regular Savings Account
This is the core account at Bay Area Credit Union and is the starting point of your membership in the credit union. Dividend rates are tiered based on savings balance and are paid quarterly.
Business Savings Account
This account is ideal for the small business. Corporations, partnerships and sole proprietorships will find this account flexible and affordable. Dividends are paid quarterly. A Business Checking Account is also available.
Community Savings Account
This account is designed for non-profit community groups and organizations. The account provides a no-cost option for handling the group's finances. Dividends are paid quarterly. A Community Checking Account is also available.
Holiday Club Account
A Bay Area Holiday Club Account can be started anytime during the year. By making affordable deposits throughout the year, you'll be ready for the holidays. Dividends are paid annually (first business day of October) on the average daily balance. Withdrawals are prohibited and carry a $25 service charge.
Wealth Builder Savings Account
This account is designed to reward the regular saver with a very competitive dividend rate. The Wealth Builder pays 4% apy quarterly on balances up to $3500*. One free annual withdrawal** permitted after the account balance reaches $1000.
* If the balance exceeds $3500, the account reverts to normal dividend rate structure on the entire balance.
**All other withdrawals have a $25 fee per instance.
How Your Savings are Insured
The National Credit Union Association, an agency of the federal government, insures your accounts to at least $250,000, effective October 3, 2008 - December 31, 2009. Additionally, Bay Area Credit Union provides up to an additional $250,000 of savings protection to each qualifying account through ESI. Learn more.
|
