Bananacoast Community Credit Union

A credit union known for its diverse financial services meant for the regional and rural market, the Bananacoast Credit Union (BCU) is now a leading provider of banking services. A credit union established by business owners who wanted an alternative to regional and national banks, BCU offers personal, business, and agricultural funding services. Moreover, BCU offers insurance products that can help you protect your financial interests and position. This credit union is also known for its excellent savings accounts which include the Personal Savings account, the Incentive Savings account, the Deeming account, and the 55 Plus account.

Through the Personal Savings account, you get to enjoy interest rates that are tiered and a daily calculation of your total interest. Moreover, you can access your account through an ATM card, making your funds available to you wherever you are. You can also access your personal savings through the Bananacoast Community Credit Union's phone and online banking services.

If you prefer higher interest rates, you can open an Incentive Savings account. Through this savings account, you can enjoy interest rates that adjust according to your current balance so higher deposits mean higher interests. You can access your Incentive Savings account through an ATM card or through the union's phone and online banking facilities.

As for the Deeming account, this is perfect for you if you are a self-funded retiree aged 56 years old and above. This savings account was created to conform to the deeming regulations of the Federal Government. If you are a member of BCU and is a recipient of a Veteran Affairs or Centrelink Pension, you are qualified to apply for this account.

The 55 Plus account is meant for you if you are aged 55 years old and above. This account is perfect for you if you wish to invest bigger amounts without locking your cash away.