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BPCU SERVICES
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SHARE
ACCOUNTS
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All of our share accounts compound dividends
daily, and pay monthly (excluding Christmas Club Shares).
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The dividend rate and annual percentage
yield may change every month.
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The dividend rate for your account is
determined by the credit union board of directors and is subject to change.
Primary Share Account -
The minimum balance required to open is $25.00.
This is admission to membership according to credit
union bylaw requirements.
Secondary Share Account -
No minimum balance requirements apply to this account.
Can be named to meet members' needs.
Christmas Club Shares -
Enables the member to save throughout the year for
the holidays.
Youth Savers Program - (This
account is designed to teach our young members the rewards of saving.)
The minimum balance required to open this account
is $5.00.
Anyone between the ages of 0-16 years may join.
A prize is awarded for every deposit totaling more
than $5.00.
Tax Savings Account -
No minimum balance requirements apply to this account.
This account allows members to save for property taxes
which can be directly payed.
**All share accounts are statemented
semi annually listing detailed information on all transactions, dividends
paid and account balance.
SHARE DRAFT ACCOUNTS
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All share draft accounts are statemented
monthly.
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Statements listing detailed information
on all transactions, dividends paid and account balance.
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Overdraft protection is available for
qualified members.
Free Share Draft Checking -
This account requires no minimum balance, receives
no service charges, and earns no dividends.
All you pay for is the type of check style you order.
Dividend Share Draft Checking
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This account requires a minimum balance of $1000.00
and earns monthly dividends.
Ask any of our friendly staff
for more details on any of our accounts!
CERTIFICATES
BPCU offers these savings options to
help you maximize your interest income conveniently and safely.
Click
here to view our great rates!
Because rates fluctuate, please ask
a BPCU staff member for current rates on the investments of your choice.
Three Month Certificate (term
share) -
90 day term
Daily balance computation method
$500 minimum balance
Dividends may be withdrawn monthly**
Dividends accrued daily and paid month
Six Month Certificate (term share)
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180 day term
Daily balance computation method
$500 minimum balance
Dividends may be withdrawn monthly**
Dividends accrued daily and paid month
One Year Certificate (term share)
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12 month term
Daily balance computation method
$500 minimum balance
Dividends may be withdrawn monthly**
Dividends accrued daily and paid monthly
One Year Credit Unions for Kids®
Certificate (term share) -
12 month term
Daily balance computation method
$100 minimum balance
Dividends may be withdrawn monthly**
Dividends accrued daily and paid month
Two Year Certificate (term share)
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24 month term
Daily balance computation method
$500 minimum balance
Dividends may be withdrawn monthly**
Dividends accrued daily and paid monthly
Three Year Certificate (term share)
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36 month term
Daily balance computation method
$500 minimum balance
Dividends may be withdrawn monthly**
Dividends accrued daily and paid monthly
**The annual percentage yield is based on an assumption
that dividends will remain in the account until maturity.A withdrawal will
reduce earnings. A penalty may be imposed for withdrawals before maturity.
INDIVIDUAL
RETIREMENT ACCOUNT
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An Individual Retirement Account, or
IRA, is a retirement savings plan.
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Wage earners and self-employed persons
may be eligible to make tax deductible contributions to an IRA.
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Deductible contributions and their earnings
are all
tax-deferred until retirement.
All deposits and certificates
are insured by the NCUA - National Credit Union Administration, a federal
program - up to $100,000 per individual.
CREDIT
LIFE AND DISABILITY INSURANCE
