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BSCU at Home
Share Savings
Term Share Certificates
IRAs
Holiday Club Savings Account
Goalsetter Account
Youth Savings
Save toward any goal
You have savings options to help reach your short- and long-term goals. You can check your checking account balance and get cash 24/7 at thousands of ATMs (automated teller machines), and make transfers from your checking account by phone day or night with TellerPhone or use TellerPhone to check on current deposit rates.
Use our savings calculators to find out how quickly your savings can add up. Why not make regular, automatic deposits? Sign up for convenient direct deposit now.
A disciplined savings program that includes regular deposits can go a long way in your saving for the future. With a BSCU Share Savings Account, you’ll receive competitive rates and earn dividends on balances of just $25 or more. The dividends are compounded and paid monthly and you earn dividends from the day of deposit to the day of withdrawal. Monthly statements help you track your progress.
Build savings faster with Term Share Certificates
Enjoy high, competitive interest rates with a Buffalo Service Credit Union Term Share Certificate. With just a $500 minimum deposit, you’ll receive a competitive rate on a three or six month certificate or a one-, two-, three- or four-year certificate. No matter which you choose, it’s a safe, fast way for you to grow your nest egg.
The interest on term share certificates is compounded and credited monthly, and you can withdraw it each month without penalty. At the end of your term, we transfer the funds to your Share Account. Then if you wish, you can choose a new rate or term, or renew your certificate at the same term. (Please note: There are penalties on early withdrawals, except for withdrawals of interest.)
Plan for a secure retirement with an IRA
With smart planning now, you can maintain your lifestyle after retirement and do the things you’ve always dreamed of. You’ll look forward to a comfortable retirement if you start setting aside money now. A BSCU Individual Retirement Account (IRA) offers the advantage of tax-deferred earnings. Your retirement will grow tax-free, and you’ll only pay income tax once you begin to withdraw funds from your IRA, when you’re likely to be in a lower tax bracket. (Check our rates page for current BSCU IRA rates.)
BSCU is proud to offer this service with no annual administrative fee. (Please note: BSCU does not currently offer Roth or Coverdell Education IRAs.)
Save for a special purpose with a Holiday Club Savings account
Set aside money for special holiday purchases or trips. You’ll earn a competitive dividend rate to build your savings faster and reach your goal on time. Open a Holiday Club account at any time during the year. Funds are transferred to your Share Savings account on the last business day of September.
Disciplined savings through the Goalsetter account
Pay yourself first and save easily for any goal! If you have a wedding coming up, a high school or college tuition payment – any specific event you need to save for – the Goalsetter Account from Buffalo Service Credit Union is perfect for you. Using payroll deduction or automatic transfer to pay yourself first makes saving easy. Just a little each week into your Goalsetter Account adds up quickly.
No matter what age your children or grandchildren are today, we have the right program for them.
For our young pre-schoolers – we’ll help you get them started so they know what it means to save. The power of compound interest begins here.
• Direct deposit. Any family member can have a portion of his or her pay directed into this account quickly and easily.
• FREE Piggy Bank to build their deposits. Your kids can see money building before their eyes!
• A special credit union coloring book and crayons.
It was a great way for us to learn that saving a little at a time adds up. What worked for us will work for our youngsters, and we’re offering them a FREE piggy bank to prove it! Just open a share savings account for your child here at BSCU!
School age. This is a great time to develop good habits and to learn the basics of earning – and the rewards of saving – money.
• FREE backpack with MP3 player access* when you open a savings account for your child or grandchild. Making regular deposits helps continue to build toward a goal.
• Special postage-paid envelopes for mailing additional deposits.
• A personalized membership card to get them started.
Open a savings account with us and they can use this FREE backpack to secure their music. The ear buds come through the specially-made hole in the backpack so their tunes are as protected as their savings dollars.
* MP3 player not included.
They’re driving and starting to work regularly for money. It’s time to learn the basics of using credit wisely and saving money. This maturing age group benefits from exposure to all financial products we offer:
• FREE backpack with MP3 player access when you open a savings
account for your child or grandchild. Making regular deposits helps continue to build toward a goal.
• Checking account to teach them how to manage income and expenses.
• Visa® Debit Card to access cash and make purchases.**
• Student loans – subsidized and unsubsidized federal loans
• Visa® Credit Card (under 21, with a parent) with a limit starting at $200 to teach them about the convenience – and cost – of credit.**
• Access to TellerPhone and BSCU Online to track their transactions and view account status... even Bill Pay to pay bills, such as a car payment. ALL FREE!
** Visa® credit card is subject to application and approval. Debit card for members under 18 must be issued to parent also.