Interest Rate-1.35% APY¹
-Interest is compounded daily and credited monthly
Benefits-No fixed term
-No fees, no minimum balance requirement = no problems
-Interest rate may rise
-24/7 account access
-Insured up to $500,000
-Each member can have multiple iSAVE Savings accounts for different goals
Risks-Multiple monthly withdrawals will result in a lower interest rate
-Interest rate may fall
Account conditions²-Requires automatic deposit funding (ACH) each month
-Must enroll in online banking and sign up for E-statements
-New money only³
-Must sign an iSAVE Commitment Letter
-Consumer accounts only
-An iSAVE Savings account does not replace a Regular Share account
Deposits-No minimum or maximum opening deposit
-No minimum or maximum monthly deposit
-Monthly deposits (electronic or payroll) can be weekly, bi-weekly, or monthly
Withdrawals-Regular Share rate will be applied for any month in which more than one (1) withdrawal occurs
Eligibility-Exclusive to BHCU members only
-Must be 18 years of age
¹APY is Annual Percentage Yield and is subject to change.  APY is effective as of 4/1/2019 for accounts that do not exceed one (1) withdrawal in the month, and meet the account conditions.  ²If any of the account conditions are not met for the month, the APY for the month is adjusted to BHCU’s Regular Share APY.  Automatic monthly deposits exceeding $5,000 will automatically transfer to their Regular Share account.  Failure to comply with the account conditions may result in account closure.³New money is money not currently on deposit at BHCU.  Federally Insured by NCUA.