Planning a vacation? Concert tickets? How about a wedding, your first home, or something just for you, like a bike or car?
You have so much to experience. CBCU has so many ways to save.
Share Account (Savings Account)
It’s like a savings account except it comes with credit union Membership, and that makes all the difference.
At CBCU, profits don’t go to corporate shareholders. They support better rates and services for our Members. Plus, each Member has an equal vote, regardless of the size of their account, in CBCU elections.
All you need is a $5 minimum deposit.
Club Account (Savings Account – with a Twist)
Have goals? Join the Club!
A CBCU Club Account helps you save up for a specific purpose, like a vacation or holiday gift-buying. Club Account earnings are dispersed into your Share Account at a predetermined time, such as November for holiday spending and May for vacations.
Share Certificate (Highest Savings Rate Accounts)
Get the highest interest rate among CBCU savings products with the tradeoff of depositing your money for a fixed amount of time.
Although early withdrawal comes with a penalty, a 3- or 6-month Share Certificate is a great way to plan for large purchases without the unpredictability of the stock market.
Money Market (Higher Rate Savings Account)
Maintain a higher minimum balance and enjoy a better savings rate.
Get your choice of four minimum deposit levels: $1,000, $20,000, $50,000, and $100,000. The higher your savings, the higher the interest rate you earn. Unlike a Share Certificate, you can withdraw money at any time with no penalty.
IRA Share Account (Retirement)
It’s never too early or too late to secure a comfortable retirement.
With an IRA Share Account, you can make deposits at any time and/or arrange for deposits through payroll deductions. Choose between a Traditional IRA and Roth IRA, a minimum deposit of $500 or $50,000, and terms between 12 and 36 months.
As your retirement funds grow, you can lock in a higher rate of return.
Start saving today! Become a Member with just a $5 minimum deposit.
Have questions about Membership or any of our accounts? Give us a call at 617-635-4545.