Higher interest on investments and savings. Offer better rates for CDs, savings accounts.August 17, 2015
Historically low interest rates have allowed BCU to offer extremely attractive loan rates over the past several years. Unfortunately, these low interest rates can make it more difficult for you as a saver or investor to generate interest income from deposit accounts. In order to ensure we are generating as much value as possible for our members, BCU reviews its savings and certificate rates regularly using a market rate analysis of peer financial institutions, including credit unions and banks.
You can also earn 0.10%-0.25% higher interest on certificates if you qualify for Rewards Rates.
Furthermore, you can earn an even higher rate of interest with our premier checking and savings products:
- PowerPlus™ Checking can earn you 2.00% APY1 on balances up to $25,000
- Rainy Day Savings™ can earn you 2.50% APY1 on balances up to $25,000
— Brett E.