Regular Share Account – Every BFCU Member Starts Here!

The first step to joining the Blackhawk Federal Credit Union is to open a Regular Share Account.

• Minimum balance of $5.00 to be an active member of BFCU
• $.50 fee to open Regular Share Account
• Members can withdraw up to 4 share withdrawals in a calendar quarter; $10.00 fee for additional withdrawals
• Statements will be forwarded quarterly
• Share withdrawals greater than $3,000.00 requires a 3 business day notice
• Dividends are compounded and paid quarterly on the last day of the quarter

Checking – Share Draft Account

• Minimum balance of $25.00 to open a checking account but no minimum balance requirements once the account is opened
• No monthly service charge
• Overdraft Protection – Regular Share or VISA
• Payroll Deduction for Blackhawk School District Employees
• Direct Deposit
• Preauthorized Automatic Payments
• Monthly Statements or Electronic Statements
• Internet Home Banking
• Electronic Bill Payment
• Mobile App
• Remote Check Deposit
• MasterCard Debit Card
• Check Imprinting (depends on style) according to price list

Individual Retirement Account (IRA)

• Minimum deposit of $5.00
• Maximum deposit annually of $5000.00
• Statements will be forwarded to members quarterly
• All IRA withdrawals require 24 hour notice
• Dividends are compounded and paid quarterly on the last day of the quarter

Christmas Club Account

• Minimum deposit is $5.00
• Christmas Cash Plan may be through payroll deduction, direct deposit, or “over-the-counter” deposits
• Statements will be forwarded to member quarterly
• Member will be paid in October of each calendar year
• No early withdrawals

Vacation Club Account

• Minimum deposit is $5.00
• Vacation Club may be deducted through payroll, direct deposit, or “over-the-counter” deposits
• Statements will be forwarded to members quarterly
• Member will be allowed to withdraw funds once a year, at their time of choosing
• A $5.00 penalty will be charged for additional withdraws throughout the calendar year

Share Certificate

• Minimum balance is $1,000.00
• Statements will be forwarded to members quarterly
• Certificate terms are 6, 12, 18, or 24 months