After years of low rates for savings and investments due to governmental and market pressures, BCS Community Credit Union rates have increased significantly in recent months.
Certificates of Deposit have seen the largest increases, lead by the 5-year Jumbo CD with an Annual Percentage Yield of 2.04%. See all rates by clicking here. Regular CDs require just a $500 minimum deposit, and Jumbo CDs require just $25,000. CDs are also available for IRA accounts. Rates have also increased for Money Market and regular savings accounts.
To help protect members from missing out on rising rates, the credit union now offers a CD Bump-Up feature, which allows members to “bump-up” any new or existing 36- 48- or 60-month CD once during the current term of the CD to a higher rate. See bump-up details here.
To get your new CD or to exercise your bump-up option, log in to It’sMe247 Online Banking, call or visit the credit union, 303-425-6627.
All accounts are federally insured to at least $250,000 by the NCUA, a U.S. government agency.