Savings

A Share Savings Account is part of every member’s ownership in Blue Mountain Credit Union. As a member-owned, non-profit organization, member ownership begins with a deposit of at least $25.00 in a Share account. Most Credit Union members maintain a balance far in excess of this minimum amount and add regularly to their Share account through payroll deduction or other deposits. The Credit Union pays a higher rate of return on savings than most banks, and Share Savings Accounts are NCUA insured up to $250,000

 Use this account for your month-to-month cushion, emergencies or just about anything. You can also use the account for automatic withdraws and transfers. Contact BMCU today for ideas on how to maximize your savings options.

Savings Rates – Effective Wednesday, January 30, 2013
Account Type APY Minimum
Deposit
Minimum
Balance
REGULAR SHARE 0.050% $25.00 $0.00
REGULAR SHARE DRAFT 0.000% $0.00 $0.00
SELECT SHARE DRAFT 0.010% $0.00 $300.00
PREFERRED SHARE DRFT 0.030% $0.00 $1,000.00
MONEY MARKET ACCOUNT 0.000% $0.00 $0.00
MONEY MARKET ACCOUNT 0.100% $0.00 $2,500.00
MONEY MARKET ACCOUNT 0.250% $0.00 $50,000.00
REGULAR IRA SHARES 0.350% $0.00 $0.00
ROTH IRA SHARE 0.350% $0.00 $0.00

Fees may reduce earnings. Rate may change after the account is opened.