Savings Rates

Regular Shares

APY*	APR**
0.05%	0.05%

*APY = Annual Percentage Yield. **APR = Annual Percentage Rate. For Share Savings Accounts including special purpose accounts such as Christmas Club and Vacation Club accounts, dividends will be paid on a minimum balance of $25.00. For Scottie Savers and Under Eighteen accounts, dividends will be paid on a $5.00 minimum balance. Specific dividends are listed above.

Money Market Checking Account

Balance	APY*	APR**
$2,500 to $29,999.99	0.10%	0.10%
$30,000 - $50,000	0.15%	0.15%
Over $50,000	0.20%	0.20%

*APY = Annual Percentage Yield. **APR = Annual Percentage Rate. The new tiered rate schedule for Money Market Accounts is listed above. Did you know your Money Market Account can work like an interest-bearing checking account? You can deposit savings into your BACU Money Market Account and earn a great interest rate. Then, you can also write checks from funds in your Money Market Account. You’ll earn a great interest rate and have the convenience of check writing too! The minimum balance is $2,500. No dividends are paid if the balance falls below a $2,500 balance.

IRA Accounts and IRA Certificates

APY*	Details
0.10%	Effective January 1, 2021, Paying 0.10% APY, paid quarterly, on IRA Share accounts. IRA certificates pay the same rates as our regular certificates.

*APY = Annual Percentage Yield.

Certificate Rates

Maturity	APY / APR*
3 month	0.50%
6 month	0.75%
12 month	1.40%
18 month	1.45%
24 month	1.50%
36 month	1.75%
48 month	1.75%
60 month	1.85%

*Annual Percentage Yield and Annual Percentage Rate are the same since dividends do not compound. $500.00 minimum required to open any certificate. Certificate rates effective as of date listed at top of page. Rates can change at any time without prior notice.