Account Products

Regular Savings

Minimum $25.00 deposit to open
Minimum balance of $25.00 must be maintained at all times
Dividends paid quarterly
Subject to Reg D
Deposits are federally insured to at least $250,000 by the National Credit Union Administration, a U. S. Government Agency.
Funds on deposit may be pledged against a Share Secured loan for a reduced interest rate at BVSCU
Check current rates here
Funds Availability Policy here

Christmas Club

No minimum opening deposit
No minimum balance requirement
Can be opened at any time
Dividends paid at maturity, which is October 31st of each year, and account funds are transferred to your BVSCU savings account
Deposits are federally insured to at least $250,000 by the National Credit Union Administration, a U. S. Government Agency.
Check current rates here
Funds Availability Policy here

Dividend Bearing Checking

No monthly service charge if balance remains above $300.00. If balance goes below $300.00, there is a $5.00 service charge.
Dividends paid on average daily balance of $1,000.00 or more
Electronic deposit of net checks accepted
No fee assessed for using non-BVSCU ATM machines (machine surcharge may apply)
Deposits are federally insured to at least $250,000 by the National Credit Union Administration, a U. S. Government Agency.
FREE Debit Card*
FREE 1st 50 checks
FREE Temporary Checks
FREE Bill Payer
Check current rates here
Funds Availability Policy here

*some restrictions apply

Service Charge Free Checking

No monthly service charge
No minimum balance required
Electronic deposit of net checks accepted
No fee assessed for using non-BVSCU ATM machines (machine surcharge may apply)
Deposits are federally insured to at least $250,000 by the National Credit Union Administration, a U. S. Government Agency.
FREE Debit Card *
FREE 1st 50 checks
FREE Temporary Checks
FREE Bill Payer
Funds Availability Policy here

*some restrictions apply

Money Market Checking

Minimum of $2,500 to open account
Average daily balance of $1,000 or more to earn dividends
Up to 3 withdrawals per month - $2.00 fee for each withdrawal in excess of 3
No monthly service charge if balance remains above $2,500.00. If balance goes below $2,500.00, there is a $5.00 service charge.
Deposits are federally insured to at least $250,000 by the National Credit Union Administration, a U. S. Government Agency.
Checks available at member’s expense
Check current rates here
Funds Availability Policy here

Individual Retirement Accounts

FREE on all BVSCU checking accounts

*1st hour free, $20.00 per hour after the 1st hour, billable in half hour increments

** some restrictions apply

Traditional IRA

Eligible individuals must be under the age of 70 ½. Married couples filing jointly can contribute the maximum amount to their separate IRAs, even if one spouse has little, or no, earned income
No minimum amount to open
Deductions are subject to restriction
May be tax-deferred
Required distribution at age 70½
Check current rates here
Funds Availability Policy here
Penalty for premature withdrawal if below age 59 ½.
Total IRA deposits federally insured for up to $250,000 by the National Credit Union Administration, a U. S. Government Agency.

Roth IRA

Individuals of any age who receive earned income, with some restrictions, including a nonworking spouse
No minimum amount to open
Contributions are not tax deductible
May be tax free with some restrictions
No penalty for withdrawal of principal
No mandatory withdrawals at age 70½
Total IRA deposits federally insured for up to $250,000 by the National Credit Union Administration, a U. S. Government Agency.
Check current rates here
Funds Availability Policy here

IRA Term Share Certificate

Available as Traditional and Roth IRAs
$1,000 minimum to open
Mandatory withdrawals at age 70½ without penalty for Traditional IRA Term Share Certificate (Does not apply to Roth IRA Term Share Certificate)
Withdrawals before maturity subject to penalty
Penalty for premature withdrawal if below age 59 ½
Available for 3 month, 6 month,12 month, 24 month, 36 month and 48 month terms
Total IRA deposits federally insured for up to $250,000 by the National Credit Union Administration, a U. S. Government Agency.
Check current rates here

Jumbo IRA Term Share Certificates

Available as Traditional and Roth IRAs
$95,000 minimum to open
Mandatory withdrawals at age 70½ without penalty for Jumbo Traditional IRA Term Share Certificate (Does not apply to Jumbo Roth IRA Term Share Certificate)
Withdrawals before maturity subject to penalty
Penalty for premature withdrawal if below age 59 ½
Available for 3 month, 6 month,12 month, 24 month, 36 month and 48 month terms
Total IRA deposits are federally insured for up to $250,000 by the National Credit Union Administration, a U. S. Government Agency.
Check current rates here
Funds Availability Policy here

Term Share Certificates

Minimum $1000 deposit
Available for 3 month, 6 month,12 month, 24 month, 36 month and 48 month terms
Dividends can be paid quarterly into another BVSCU deposit account, rolled back into the certificate, or mailed for your convenience.
May be pledged against a loan for a reduced interest rate at BVSCU
Withdrawals before maturity subject to penalty*
Deposits are federally insured to at least $250,000 by the National Credit Union Administration, a U. S. Government Agency.
Check current rates here
Funds Availability Policy here

*For certificates of one year or less, loss of up to 90 days dividends. For certificates of greater than one year, loss of up 120 days dividends.

Jumbo Term Share Certificates

Minimum $95,000 deposit
Available for 3 month, 6 month,12 month, 24 month, 36 month and 48 month terms
Dividends can be paid quarterly into another BVSCU deposit account, rolled back into the certificate, or mailed for your convenience.
May be pledged against a loan for a reduced interest rate at BVSCU
Withdrawals before maturity subject to penalty*
Deposits are federally insured to at least $250,000 by the National Credit Union Administration, a U. S. Government Agency.
Check current rates here
Funds Availability Policy here

*For certificates of one year or less, loss of up to 90 days dividends. For certificates of greater than one year, loss of up 120 days dividends.