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Share Savings
Basic savings accounts required to be opened with a memebership.
Minimum balance of $25 required to avoid a $10 monthly service
fee. Dividends are compounded quarterly and paid on daily
account balances of $100 or more. Includes an ATM card &
five free transactions per month; otherwise a $1.50 fee per
excessive transaction applies. Avoid surcharges by using ATM's
within the co-op!
Share Draft (Checking)
Basic checkng account which includes and ATM & free temporary
checks; cost of checks vary according to selection. A $250
minimum balance is required in order to avoid a $10 monthly
service charge. Dividends are paid montly on daily account
balances of $200 or more. Overdraft protection may be set
up in conjunction with a share savings account or money market
account.
Vacation/Holiday
Savings account designed to help you save for the holidays
or an annual vacation. No minimum balance is required. Set
up direct deposity through your company & you'll have
a savings before you know it. Most accounts are disbursed
in November, just before the holidays!
Money Market
Full liquidity feature of money markets enables you to have
immediate access to your cash while earning higher interest
rates. Mimimum balance of $500 is required in order to avoid
$10 monthly service fee. Interest rates paid are tiered based
on avereage daily balance, compounded daily and paid monthly.
Certificates
Earn maximum interest rates by investing in certificates of
deposits. Terms available vary from 30 days to 5 years. Minimum
balance of $500 is required in order to avoid a $10 monthly
service fee. Dividends are paid quarterly and at maturity.
Early withdrawal penalties apply.
Roth's and IRA's
Individual Retirement Accounts can help you prepare for comfortable
lifestyle once you stop working. Traditional IRA's as well
as tax-free Roth IRA are available as passbooks as well as
certificates. Maximum annual contribution is limited to $2,000.
For more information, please call 714-704-2800.
©Copyright
2002 BTFCU All Rights Reserved
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