Savings

*This is your required membership account. The minimum balance required in this account is $25.00. Dividends are paid quarterly based on your average balance over the quarter.

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.

*Regular Share required

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?

*Regular Share required

The minimum balance to open this account is $10,000.00. Interest is paid monthly based on your average balance for the month. Money Market pays a higher rate than our regular accounts.

*Regular Share required

If you don’t have $10,000.00, but still want to earn a higher interest rate, try our Member Advantage Savings. With a minimum balance of $2,500.00, you get a higher rate than our regular and club accounts.

*Regular Share required

This is our highest-earning Savings Account. Minimum balance required for this account is $25,000.00. Interest is paid monthly based on your average balance for the month.

*Regular Share required

Benton County Schools CU is the place to save for retirement or education expenses!

We offer the following accounts:

• Traditional IRAs

• Roth IRAs

• Coverdell Education Savings Accounts (formerly Education IRAs)

Choose from Savings Account or Certificate Investment options, whichever is best for you! Do you need more information about IRAs? Stop by to pick up a brochure or consult a tax advisor for more detailed information.

Benton County Schools CU cannot give tax advice.

Traditional, Roth, and Education IRAs 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 $1.00.

*Regular Share required

Youth under 14! Join BCSCU and receive a map of the US that allows you to collect the 50 state quarters that match each state! In addition, you will start your collection with a roll of quarters compliments of the credit union!

If you have a High Deductible Health Plan, you can open a Health Savings Account.

*Regular Share required

Negative Balance Charge – $1.00 per day that account balance is below zero

Teller Checks – $5.00 per check

Outgoing Wires – $5.00 on normal US institution to institution wires

Duplicate Statement Fee – $2.00 per statement

Account Closure Fee – $5.00