It doesn't take a small fortune to begin saving for your future at Bowater Employees Credit Union. As you will see, our selection of saving, checking, and investment products is designed to meet your needs whether you have a little or a lot of money to invest.Go to the Rates page.
For more information about saving for the future, retirement, or college, browse through our electronic brochures.
Share Account (Savings)You open a Share Account when you join the credit union. Top
- Dividends accrue daily, credited to your account quarterly.
- Low $5 minimum balance.
- Up to $2,000 of free life insurance.
Share Draft Accounts / Checking Accounts We offer three different checking accounts - one of which is perfect for you. You'll find that all of our accounts offer the best interest rates while still having the lowest fees out of any local financial insitution. BECU also has over 32,000 surcharge-free ATMs nationwide with the Allpoint Network - more than any other local financial institution. Click here to find an ATM near you. Top
Free Interest Checking: BECU is the only place where our basic checking is free AND earns interest.
- Earns Interest See rates.
- No minimum to open
- No minimum balance
- No minimum to earn interest
- No service fees
- No limits on the number of checks you can write
- No per check fees
- Free CheckCard or ATM Card with access to over 32,000 surcharge free ATMs
- Free overdraft protection from your savings account and BECU Line of Credit (if applicable)
- $500 Courtesy Pay protection
- Free myBranch access & Free telephone access 24/7
Premium Interest Checking: Earn exceptional interest with this flexible account with premium features.
- Earns High Interest See rates.
- Free checks once per year
- $1,000 Courtesy Pay protection
- $100 minimum to open
- $5 monthly fee (waived if balance is kept at $500 or more)
- $500 minimum average daily balance to earn interest
- No limits on the number of checks you can write
- No per check fees
- Free CheckCard or ATM Card with access to over 32,000 surcharge free ATMs
- Free overdraft protection from your savings account and BECU Line of Credit (if applicable)
- Free myBranch access & Free telephone access 24/7
Gold Interest Checking: Free checking that earns interest, with some special perks for members age 50 or better.
- Earns Interest See rates.
- No minimum to open
- No minimum balance
- No minimum to earn interest
- No service fees
- Free checks once per year
- Free money orders
- No limits on the number of checks you can write
- No per check fees
- Free CheckCard or ATM Card with access to over 32,000 surcharge free ATMs
- Free overdraft protection from your savings account and BECU Line of Credit (if applicable)
- $500 Courtesy Pay protection
- Free myBranch access & Free telephone access 24/7
- Entry into our yearly "Pot of Gold" drawing for $500! One lucky Gold Interest Checking owner will win. Drawing held in March. Click here for official contest rules.
BECU Visa CheckCard Free with any BECU Checking Account (subject to approval) Print an application Top
- Pay for purchases directly from your checking account wherever Visa is accepted
- Make withdrawals, check balances, and make deposits at any BECU 24-hour Cash Center ATMs
- Use over 32,000 ATMs throughout the U.S. surcharge free. Click here to find an ATM near you.
24-hour Cash Center ATM Card This card works at any Star or Cirrus ATM around the world. Print an application Top
- Make withdrawals, check balances, and make deposits at any BECU 24-hour Cash Center ATMs
- Use over 32,000 ATMs throughout the U.S. surcharge-free. Click here to find an ATM near you.
Christmas Club The perfect way to set aside money all year for the holidays. Top
- Deposit up to $1,000 per month
- Earn daily dividends on the money in your savings
- A check for the amount you've saved and the interest it earned is mailed to you each October.
Term Share Accounts We designed our Term Share Accounts (CDs) to meet your needs. Top
- Terms of 6 to 60 months
- Low $500 minimum deposit
- No fees except early withdrawal fees
- We offer a Market Index TSA which ties your earnings to the S&P 500 Composite Stock Index (available in 24-month and 48-month terms)
Ultra 25 Term Share Account This account gives you the maximum return on your investment. It is available as a regular TSA, or as an IRA. Top
- Lock in a dividend rate for the 25-month term
- Change your rate once during the term to the current Ultra 25 Account offering rate
- $1,000 minimum deposit
- With an Ultra-25 IRA, you can make 2 partial withdrawals without paying a BECU early-withdrawal penalty
Partial withdrawal maximums are 10% of original deposit amount during the first 12 onths of the term and 10% during the second 12 months of the term. Excess withdrawals prior to matruity will result in a lower APY and interest penalty of 90 days. IRS penalties apply to all withdrawals. For any IRA questions, please speak with one of BECU's Certified IRA Specialists.
Individual Retirement Accounts (IRAs) If you have any questions about IRAs, BECU has Certified IRA Specialists at all offices who will be happy to help. You need an IRA, we'll make it easy. Top
Traditional, Roth, and Coverdell Education Savings Account
Terms ranging to 60 months
$500 minimum balance
Market Index Certificate IRA ties your earnings to the S&P 500 Composite Stock Index
Accumulative IRA offered with a variable rate and no minimum
Investment Plus Account A money-market type account from BECU. This account is a great way to earn more interest while still being able to make a limited number of withdrawals per month. Top
Dividends accrue daily and pay monthly
$2,500 minimum balance
Minimum deposit or withdrawal is $250
Up to 3 withdrawals per month (More will result in a $10 fee)
l IRA E-Brochuresl
A wealth of information regarding all types of IRAs and investments
for your future.
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Roth IRA
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Compare Your
IRA Options
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Traditional
IRA
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Introduction to
IRAs
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Coverdell Education
Savings Accounts
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IRA
Rollovers
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Retirement
Planning
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(423) 336-7268 Toll free: 866-285-4215 |
