TIME DEPOSITS (Certificates of Deposit)
(Suffix M, N, O, etc.)
Our Time Deposit accounts, other wise known as Certificates of Deposit(CD's), offer you a great return on your investment. Choose any maturity term that suits your needs between 6 months to 5 years. Time deposits are to save for a longer period of time. These higher yielding accounts allow you to earn more money. We offer CDs to individuals, NO business CDs available at this time.
Requirements and Description**
|Minimum balance to open is $1000.|
|Fixed rates and terms.|
|At maturity, automatically renews at current rate and term, unless otherwise instructed.|
|Dividends posted at the end of each quarter.|
|Statements mailed quarterly.|
BCFCU's Payroll Certificate of Deposit (suffix P), is available through signing up for MHHS payroll deduction or ACH payroll deposits. The minimum opening deposit is $100 and monthly deposits are as low as $10. The Payroll CD will earn the lowest Super Share rate plus for balances between $100.00 and $1,000.00. This CD allows you to draw out money one time the first ten business days of every quarter. Balances over $1,000 will earn the 1 year CD rate.
Please refer to our rates page for CD rates.
**Please refer to the Rate and Fee Schedulefor more account disclosures.
To open a CD today, complete an account modification card.