Savings

Barksdale Federal offers the savings options you need to build a solid financial future.

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 (a $5 one time membership fee + $5 savings deposit.)

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 $10 ($5 one-time membership fee + $5 deposited)
Minimum balance required to avoid service charge $200 aggregate daily balance of all accounts
Monthly charge if your aggregate daily balance goes below the $6 monthly maintenance fee minimum No charge if balance criteria is met
Earns interest: Yes, minimum account balance required, $200

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
Minimum balance required to avoid service charge $200 aggregate daily balance of all accounts
Monthly charge if your aggregate daily balance goes below minimum $6 monthly maintenance fee, no charge if minimum balance is met.
Earns dividends: Yes, minimum account balance required, $200
Account Limitations $2 Excessive withdraw fee for preauthorized, automatic or telephone transfers withdrawals when the total exceeds 6 per month