Savings Accounts

A Share Savings account represents your ownership in Baltimore County Employees Federal Credit Union and is required for membership. As an owner, you’ll have access to low- or no-fee accounts and services as well as highly competitive vehicle, real estate and personal loans.  Each member’s accounts are insured by NCUA up to $250,000.

Savings Options Features Minimum Deposit

Share Savings

No minimum balance
Free ATM card
Dividends compound and are credited quarterly

$5

Premier Money Market

Minimum opening deposit $2,500
Higher dividend rate
No minimum balance
$100 minimum per deposit, transfer or withdrawal
Dividends compound and are credited quarterly
If balance drops below $2,500, APY* earned is 1% below Share Savings rate

$2,500

Junior Savings

For youth ages 6-17
An parent or guardian must be a joint owner
No minimum balance
Free ATM card (14 and older, $200 withdrawal limit per 24 hours)
Dividends compound and are credited quarterly

$5

Teen Savings

Youth ages 13-17
A parent or guardian must be a joint owner
No minimum balance
Free VISA Debit card
Dividends compound and are credited quarterly

$5

Custodial Savings

Established by an adult for benefit of a minor
The minor cannot access the funds until they turn 21
No minimum balance
Dividends compound and are credited quarterly
Withdrawals must be done in person with the custodian’s signature

$5

Holiday Savings Club

Minimum opening deposit of $5
No minimum balance
Dividends compounded and credited quarterly
Account balance transferred to Share Savings account once per year in October. Additional withdrawals incur a $10 fee.

$5

Personal Savings Club

Minimum opening deposit of $5
No minimum balance
Dividends compounded and credited quarterly
Unlimited withdrawals

$5

Vacation Savings Club

Minimum opening deposit of $5
No minimum balance
Dividends compounded and credited quarterly

$5

*APY = Annual Percentage Yield