BCU Offers Three Competitive CD Specials

Deal Abstract: CD Specials – 5-month (0.65percentAPY), 11-month (0.75% APY), and 18-month (1.00 APY), minimal $500 deposit.

Availability: 5 northeast Illinois counties and one southeast Wisconsin county; practically 100 SEGs.

BCU (previously often called Baxter Credit score Union) is at present providing three aggressive CD Specials: 5-month (0.65percentAPY), 11-month (0.75% APY), and 18-month (1.00 APY). The minimal deposit is $500, with no said steadiness cap.

1.00% $500 BCU 18 Month CD Particular
0.75% $500 BCU 11 Month CD Particular
0.65% $500 BCU 5 Month CD Particular

Charges as of August 5, 2021.

Whereas BCU has supplied larger charges on its CDs via its Rewards Price program previously, the Rewards CD Specials at present supply the identical charges because the CD Specials.

As said on the CD Penalties web page, the Early Withdrawal Penalty (EWP) reads as follows,

3-12 month time period – 30 days curiosity penalty

13-24 month time period – 90 days curiosity penalty

The EWP applies to the quantity being withdrawn. Partial withdrawals are permitted, so long as a minimal $500 steadiness is maintained.


Headquartered in Vernon Hills, Illinois, BCU’s subject of membership (FOM) is open to those that dwell or work within the Illinois counties of DuPage, Kane, Lake, or McHenry, or Kenosha County, Wisconsin. As well as, those that dwell or work in parts of Cook dinner County (north of 95th Road in Chicago) are eligible for membership.

Workers of greater than 90 SEGs (together with Baxter Healthcare) additionally qualify for membership. A whole record of the SEGs seems on the primary web page of the net Membership Software.

Quick or prolonged qualifying household of an present BCU member associated by blood, marriage, fostering or adoption are eligible to hitch. “Eligible members of the family embody: spouses, mother and father, youngsters, siblings, home companions, grandchildren, grandparents, aunts, uncles, nieces, nephews, and cousins.”

Becoming a member of BCU could be performed online or at any of full-service 57 branches situated in Arkansas (1), Southern California (6), Florida (2), Georgia (1), Illinois (8), Indiana (3), Kansas (1), Maryland (2), Massachusetts (1), Minnesota (8), Mississippi (1), New York (2), North Carolina (2), Ohio (2), Texas (5), Utah (1), Virginia (1), and Wisconsin (2). There are additionally eight branches in Puerto Rico.

Whereas checking and financial savings accounts could be opened on-line, opening a CD can solely be performed in-branch or by calling 800.388.7000.

We are going to fund the [Share Account] $1.00 minimal deposit as a technique to say “Welcome”!

BCU was a member of the Credit score Union Service Facilities (CUSC) community, however

BCU shall be discontinuing our participation within the Shared Department community as of July 1, 2021. Our members come first in each determination that we make, and with the prevalence of easy-to-use digital options, issues relating to member expertise, fewer credit score unions taking part in addition to declining member utilization, we really feel that now’s the perfect time to proceed to speculate additional in long-term options that present account entry anytime, anyplace for all members.

Credit score Union Overview

BCU has an total well being grade of “A” at DepositAccounts.com, with a Texas Ratio of two.22% (glorious) based mostly on March 31, 2021 information. Up to now yr, BCU has elevated its complete non-brokered deposits by $1 billion, a superb annual progress charge of 30.4%. Please confer with our financial overview of BCU (NCUA Constitution # 68187) for extra particulars.

Based as Baxter Credit score Union in 1981, BCU was established by Baxter executives for the comfort and monetary well-being of their workers. (Baxter is a worldwide, diversified healthcare firm with annual gross sales of over $10 billion). BCU is at present Illinois’ fourth largest credit score union, with greater than 295,000 members and belongings in extra of $4.9 billion.

How the CD Specials Evaluate

When in comparison with similar length-of-term CDs tracked by DepositAccounts.com, which require an identical minimal deposit and can be found inside the FOM, BCU’s 18-month CD Particular APY at present ranks first.

Curiosity Price CD Size of Time period Credit score Union/Financial institution
1.00% APY 18-Month CD Particular BCU
0.80% APY 20-Month CD Customers Credit score Union (IL)
0.75% APY 18-month CD Evansville Academics Federal Credit score Union

When in comparison with related length-of-term CDs tracked by DepositAccounts.com, which require an identical minimal deposit and can be found inside the FOM, BCU’s 11-month CD Particular APY at present ranks second.

Curiosity Price CD Size of Time period Credit score Union/Financial institution
0.80% APY 1-Yr Fastened CD Lafayette Federal Credit score Union
0.75% APY 11-Month CD Particular BCU
0.70% APY 1-Yr CD Comenity Direct

The above info and charges are correct as of 8/5/2021.

To seek out probably the most aggressive CD charges, each nationwide and state-specific, please confer with our CD Rates Table web page.

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