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 $100,000 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 31^st of each year, and account funds are transferred to your BVSCU savings account
• Deposits are federally insured to at least $100,000 by the National Credit Union Administration, a U. S. Government Agency. 
• Check current rates here
• Funds Availability Policy here

FREE on all BVSCU checking accounts

• Telephone inquiries
• Audio Response Unit (ARU)
• On Line Access
• e-Statement
• Statement copies
• Statement printouts
• Account reconciliation*
• Account research*
• On line check imaging
• On line check reordering
• Overdraft protection available**

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

** some restrictions apply

Dividend Bearing

• 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)
• FREE ATM card *
• FREE Visa debit card*
• FREE 1^st 50 checks
• FREE Temporary Checks
• FREE Bill Payer
• Check current rates here
• Funds Availability Policy here

*some restrictions apply

Service Charge Free

• 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)
• FREE ATM card* 
• FREE Visa debit card *
• FREE 1^st 50 checks
• FREE Temporary Checks
• FREE Bill Payer
• Funds Availability Policy here

*some restrictions apply

Money Market

• 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.
• Checks available at member’s expense
• Check current rates here
• Funds Availability Policy here

Individual Retirement Accounts

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 70 ½
• 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 70 ½
• Check current rates here
• Funds Availability Policy here
• Total IRA deposits federally insured for up to $250,000 by the National Credit Union Administration, a U. S. Government Agency.

IRA Term Share Certificate

• Available as Traditional and Roth IRAs
• $1,000 minimum to open
• Mandatory withdrawals at age 70 ½ 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
• 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 monthly 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
• Penalty for early withdrawal
• Deposits are federally insured to at least $100,000 by the National Credit Union Administration (NCUA), a U. S. Government Agency.
• Check current rates here
• Funds Availability Policy here