Savings

This is a traditional savings account. It’s a safe, highly liquid way to keep your funds. You’ll be pleasantly surprised at the higher rate Bethlehem 1st FCU pays on its savings accounts. At Credit Unions, savings accounts are known as ‘share’ accounts because you are actually buying a share of the organization. Current savings rates are shown below.

Share Certificates

Bethlehem 1st FCU also offers Share Certificates, which are the Credit Union equivalent of Certificates of Deposit (CDs).

  • Bethlehem 1st FCU Share Certificates operate in much the same way as Certificates of Deposit at commercial banks.
  • 6-month, 9-month, and 12-month certificates are currently being offered. The minimum CD investment is $500.
  • Current savings rates are shown below.


 
 
 

Savings Rates


Click one of the following to see rates for that type of savings:

Your savings are federally insured up to $250,000 through the NCUA (National Credit Union Administration), an agency of the U.S. Government.


 
 
 

Certificates


Share Certificates (CDs)

Term Balance Required for this rate APR* APY**
6 mos. $500 or more

0.30%

0.30%

9 mos. $500 or more

0.30%

0.30%

12 mos. $500 or more

0.40%

0.40%

*APR=Annual Percentage Rate.
**APY=Annual Percentage Yield.
Minimum Balance: $500.00
[More on Share Certificates (CDs)] | [Return to top of page].

 

IRA Certificates (CDs) (Traditional)

Term APR* APY**
12 mos.

0.40%

0.40%

24 mos.

0.449%

0.45%

36 mos.

0.549%

0.55%

*APR=Annual Percentage Rate.
**APY=Annual Percentage Yield.
Minimum Balance: $500.00
[More on IRA Certificates (CDs) (Traditional)] | [Return to top of page].

 

IRA Certificates (CDs) (Roth)

Term APR* APY**
12 mos.

0.40%

0.40%

24 mos.

0.449%

0.45%

36 mos.

0.549%

0.55%

*APR=Annual Percentage Rate.
**APY=Annual Percentage Yield.
Minimum Balance: $500.00
[More on IRA Certificates (CDs) (Roth)] | [Return to top of page].

 

ESA Savings Certificate (CDs)(Coverdell)

Term APR* APY**
12 mos.

0.40%

0.40%

24 mos.

0.449%

0.45%

36 mos.

0.549%

0.55%

*APR=Annual Percentage Rate.
**APY=Annual Percentage Yield.
Minimum Balance: $10.00
[More on ESA Savings Certificate (CDs)(Coverdell)] | [Return to top of page].

 
CERTIFICATE INFORMATION:

  • Dividends Credited: Quarterly for all accounts except IRA Shares (which are credited monthly).
  • Dividend Compounding: Quarterly for all accounts except IRA Shares (which are compounded monthly).
  • Penalty for Early Withdrawal: Loss of dividends up to a maximum of 90 days.
  • Maturity: Your Account will mature on the maturity date stated when the account is opened.
  • Grace Period: After maturity, your account provides a grace period of seven days during which you may withdraw or transfer account funds without penalty.
  • Account Renewal: Unless you withdraw or transfer the account funds at maturity or within the grace period, your account will automatically renew for an additional term.

Share Accounts


Share Accounts (Savings)

Balance Required for this rate APR* APY**
$100 or more

0.10%

0.10%

*APR=Annual Percentage Rate.
**APY=Annual Percentage Yield.
Minimum Balance: $10.00
[More on Share Accounts (Savings)] | [Return to top of page].

 

IRA Shares (Roth & Traditional)

APR* APY**

0.10%

0.10%

*APR=Annual Percentage Rate.
**APY=Annual Percentage Yield.
Minimum Balance: $10.00
[More on IRA Shares (Roth & Traditional)] | [Return to top of page].

 

Holiday Club

Balance Required for this rate APR* APY**
$100 or more

0.10%

0.10%

*APR=Annual Percentage Rate.
**APY=Annual Percentage Yield.
Minimum Balance: $10.00
[More on Holiday Club] | [Return to top of page].

 

Vacation Club

Balance Required for this rate APR* APY**
$100 or more

0.10%

0.10%

*APR=Annual Percentage Rate.
**APY=Annual Percentage Yield.
Minimum Balance: $10.00
[More on Vacation Club] | [Return to top of page].

 

ESA Shares (Coverdell)

APR* APY**

0.10%

0.10%

*APR=Annual Percentage Rate.
**APY=Annual Percentage Yield.
Minimum Balance: $10.00
[More on ESA Shares (Coverdell)] | [Return to top of page].

 
SHARE INFORMATION:

  • Rate Information: The Dividend Rate (APR) and Annual Percentage Yield (APY) that will apply to your account upon renewal (if renewed) have not yet been determined. This rate information will be available from the Credit Union on the maturity date. You may call member services at the Credit Union at 610-691-0041 for current rate information on your account or if you have any instructions or questions related to your account.
  • Notice: The dividend and annual percentage yield may change at any time, as determined by the Credit Union Board of Directors.

Federally Insured

Bethlehem 1st Federal Credit Union is governed by the National Credit Union Administration (NCUA), a U.S. Government Agency. It is the credit union equivalent of commercial banks’ Federal Deposit Insurance Corporation (FDIC). The NCUA, through its insurance fund (NCUSIF) protects your shares up to at least $250,000 against loss due to the failure of a federally-insured credit union for any reason. It is backed by the full faith and credit of the United States Government.