Bay Media Federal Credit Union
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Savings


To accommodate your diverse savings needs, we offer an extensive account lineup to meet all your savings and investment needs.

Regular Share Account

  • Opened with an initial membership deposit of $50.00
  • $50.00 minimum balance must be maintained to be eligible for any accounts and service
  • Dividends calculated daily from date of deposit to date of withdrawal and posted quarterly
  • Tiered rate

Share Certificates

  • Minimum balance is $1,000
  • Term to choose from: 3 months to 3 years
  • Fixed rate for Term of Certificate
  • Competitive rates, reviewed weekly
  • Dividends calculated daily from date of deposit to date of withdrawal and posted monthly
  • Certificates are subject to early withdrawal penalty of 90 days interest
Club Accounts

  • Funded through payroll deduction
  • Mature on fixed dates; no withdrawal until it matures
  • Available for Holiday, Tax and Vacation savings
  • $25 minimum balance
  • Dividends calculated daily from date of deposit to date of withdrawal and posted quarterly

Money Market Accounts

  • $2,500 minimum balance
  • Dividends calculated daily from date of deposit to date of withdrawal and posted monthly
  • Tiered rate
Trust Accounts

  • Both revocable and irrevocable trusts
  • May be opened as any type of interest-earning savings account