Savings, CDs, and IRAs

BCT Savings Accounts, Certificates of Deposit (CD), and Individual Retirement Accounts (IRA) are the perfect way to achieve your financial goals and have peace of mind. Whether you are a new saver or planning for a long-term goal, BCT can help. Getting started today will help ensure you have funds when they're needed.

 

Savings Accounts

Statement Savings

Open Online and in Office
General Savings Account
$50.00 Minimum to open
  • Apple Pay®, Google Pay®, and Samsung Pay® enabled when account is linked to a BCT Debit Card
Compounded and credited quarterly
  • 3 Mo. Compound/Credit scheduled for end of Mar, Jun, Sept, Dec
Limit of 6 withdrawals per month
  • $1.00 fee assessed for each withdrawal above 6

 
No Minimum Balance
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Centsables Savings®

Open in Office
Child Account, ages 6-12
$10.00 Minimum to open
  • $5.00 gift to account once opened with $10.00              
Compounded and credited quarterly
  • 3 Mo. Compound/Credit scheduled for end of Mar, Jun, Sept, Dec
Limit of 6 withdrawals per month
  • $1.00 fee assessed for each withdrawal above 6

 
No Minimum Balance
Make Appointment 
Learn More - centsables financial education 

Christmas Club Savings

Open in Office
Christmas Account
$5.00 Minimum to open
  • $5.00 Minimum deposits                                                            
Interest bearing account
  • Interest is compounded daily and paid annually                                     
Matures 10/31 or last business day before 10/31 if on weekend
  • Fee for early withdrawals before scheduled maturity
  • Check mailed after scheduled maturity
  No Minimum Balance
Make Appointment
 

Certificates of Deposit (CDs)

 

 

General CD Information

  • Open in office
  • $1000.00 Minimum to open
  • Additional deposits allowed during renewal period
  • Interest bearing account
  • Automatic renewal
    • Can make withdrawals, deposits or close account during 10 day grace period.

Make Appointment

91 Days - 12 Month Term CDs

  • General CD information outlined above applies 
  • Withdrawal penalty amount equal to 3 months interest
    • Penalty calculated using simple interest method using the rate in effect at the time of withdrawal.
      In some cases, penalty could reduce principal.
  • Interest compounds at maturity
Make Appointment
 
 

18 - 36 Month Term CDs

  • General CD information outlined above applies 
  • Withdrawal penalty amount equal to 6 months interest
    • Penalty calculated using simple interest method using the rate in effect at the time of withdrawal.
      In some cases, penalty could reduce principal.
  • Interest compounds quarterly

Make Appointment

 

48 Months and Beyond Term CDs

  • General CD information outlined above applies 
  • Withdrawal penalty amount equal to 12 months interest
    • Penalty calculated using simple interest method using the rate in effect at the time of withdrawal.
      In some cases, penalty could reduce principal.
  • Interest compounds quarterly

MAKE APPOINTMENT

 

 

Individual Retirement Accounts (IRAs) 

IRAs are a popular way to save for retirement because they are tax efficient and easy to open.  Plus they are FDIC insured when opened through any of our bank branches. No matter where you are in your retirement saving, the tax advantages of an IRA can be a great benefit.1 

While your money is in an IRA account, you do not pay current income tax on the interest earned.2  

For further information or to open an IRA account, please contact one of our convenient branch locations or call our Customer Care Center at 1-800-296-8431.

Find A Local Branch

1 BCT is not offering nor implying tax advice. Consult your tax advisor, attorney, or accountant.  
2 Taxes and penalties required to be paid on any early withdrawals.