 Baker's Federal Credit Union
Savings Programs . . . |
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| Regular Savings . . . |
| Regular savings is an account allowing for daily deposits or withdrawals through the Credit Union office or by mail. Monthly dividends are credited to your account based on the average daily balance. Automatic payroll deductions are available to most members, to help you establish and develop a regular savings plan. |
| Promotional Savings . . . |
| A promotional savings account allows members who maintain a higher minimum balance the opportunity to earn a greater rate of return while having access to their funds. As long as a minimum balance of $5,000 is maintained, members will benefit from this flexible, high return savings account. |
| Club Account Savings . . . |
| Christmas Club accounts available through the credit union provide a regular means of saving for a specific purpose. Dividends are paid to your Christmas Club account monthly. Early in October, your account balance is transferred automatically to your regular savings account. This allows you to withdraw funds as needed. |
| Young Savers Accounts |
Pee Wee Penguin Young savers club accounts are regular savings accounts designed specifically for our young members age 12 and under. Each child receives their own piggy bank, a Pee Wee Penguin membership card, and Pee Wee Penguin passbook. Read more here...
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| Share Certificate Accounts . . . |
| Share Certificates are available with a minimum deposit of $1,000. You may invest the funds in 6-month increments from six to thirty-six months. Dividends are compounded and paid quarterly. |
| Retirement Savings . . . |
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Tax deferred Individual Retirement Accounts (IRAs) are available for members through payroll deduction or lump sum deposits. Once an IRA deposit is made, it is invested in an IRA certificate. There are no fees for maintaining your Individual Retirement Account.
Special Roth IRA Information may be found by clicking here . . .
Are you interested in an account listed on this page? If so, we would love to help you get started. Please complete the application form by clicking here.
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Baker's FCU Online Banking
