Savings
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Additional Information
Prime Savings
Our Prime Savings is perfect for businesses opening their first account with Barksdale Federal. This account establishes the business as a member of the credit union. Although you can deposit as much as you like, new business members can open this account with as little as $10.
Dividends (commonly called interest) are paid monthly on balances over $200 and are computed on the average daily balance of your account. This savings account can also serve as Overdraft Protection when you choose to open a checking account.
Account overview:
Minimum opening deposit | $5 |
Monthly account maintenance fee | $6 (waived with $200 aggregate daily balance or a BFCU loan) |
Monthly service fee | $0 |
Earns dividends? | Yes, the minimum account balance required is $200 |
Account benefits | Barksdale Federal Visa® Debit Card for ATM withdrawals, free online, mobile & text message banking. |
Account limitations & requirements | This account is required to establish membership. You may only make 6 withdrawals per month. Each withdrawal over this limit will incur an excessive withdrawal fee of $2. |
Special Purpose Savings
Our Special Purpose Savings is perfect for businesses looking to saving for special purchases. Just make regular deposits throughout the year and watch the savings account grow. No minimum deposit is needed to open this account, and dividends are paid monthly if your aggregate daily balance is $200 or more.
Account overview:
Minimum opening deposit | $0 |
Monthly account maintenance fee | $6 (waived with $200 aggregate daily balance or a BFCU loan) |
Monthly service fee | $0 |
Earns dividends? | Yes, the minimum account balance required is $200 |
Account benefits | Set money aside for special purchases. Free online, mobile & text message banking. |
Account limitations & requirements | You may only make 6 withdrawals per month. Each withdrawal over this limit will incur an excessive withdrawal fee of $2. |