Choose to open a simple Savings Account or make your money work harder for you with a Money Management Savings Account.
The $5 Membership Share represents your individual membership in the Credit Union and is necessary to maintain membership in good standing. Your Membership Share is held in a non-transactional status separate from your savings account; you will not see the Membership Share appear on your monthly account statement or in Online Banking. This share will remain in place for as long as you are a member of BFSFCU and will be returned to you at account closure.
Choose the Savings Account that best fits your needs.
Our basic Savings Account has no account maintenance fees and no minimum balance requirements to open or earn dividends. Dividends are paid and compounded quarterly.
Our Money Management Savings Account pays money market rates on a tiered structure. The higher your balance, the more you earn. Dividends on the tiers are calculated on the balance in the account at the end of each day, and are compounded and paid monthly. There is no minimum balance requirement to open the account. A $2,500 minimum balance is required to earn dividends.
|Account Type||Annual Percentage Yield (APY)||Dividend Rate||Minimum Balance Required to Earn Dividends||Minimum Balance Required to Open||Alert Me|
|Money Management Savings||0.000%||0.000%||N/A||none|
|Savings Account offering rates are variable and subject to change daily. Dividends are paid quarterly on Savings Accounts. Dividends are calculated using the balance in the account at the end of each day. For specific information about account rates and terms, call us at (202) 212-6400 to speak to one of our Member Service Representatives. Refer to Bank-Fund Staff Federal Credit Union Account Agreements and Disclosures for additional information.|