ACCOUNT DETAILS

Interest Rate-1.20% 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 11/1/2019 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. 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.