A Savings (Shares) Account at BEE Federal Credit Union is a great way to save for the future. Interest (dividends) are paid on accounts with a balance of $100 or more and the interest is posted to your account as of the first business day of each new quarter.   Our shares savings accounts pay a very competitive rate.  This rate is established by the Board of Directors quarterly (see Truth in Savings Disclosure below). You can also open a Savings Account for your child or grandchild.  It is a great way to teach the next generation on the importance of saving for the future! Application Form

 

CHRISTMAS CLUB ACCOUNTS!

Christmas Club Accounts are HERE!!    We hope you are saving for Christmas 2023.

If not, don’t forget to save for Christmas 2024!  Simply complete an application to establish a Christmas Club Account commencing in August 2023 – it’s that easy, simply complete this application and submit to the credit union……… click here!

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SAVINGS ACCOUNTS EARNINGS RATES: (may change quarterly – see Truth in Savings Disclosure)

• Regular Shares Earnings Rate: .75% (minimum balance of $100 required to earn dividend – see Truth in Savings Disclosure)
• Christmas Club Earnings Rate: .20% (see Truth in Savings Disclosure)

TRUTH IN SAVINGS

• See our Truth in Savings Disclosure for specific information about your savings account.

PAYROLL DEDUCTION

• Payroll deduction is available for deposits into your savings accounts for all employees of Wicomico County Public Schools and Wicomico County Government.
• Member’s  payroll deductions for the 15th and the last day of each month are available on the first business day of the following month.

ELECTRONIC FUNDS TRANSFER

• Members can now utilize Electronic Funds Transfer (ACH services) to easily manage their savings account(s).  Funds can be transferred to, or from a members external checking, or savings account(s) located in another bank, or financial institution.
• A member simply needs to complete the appropriate Electronic Funds Transfer (EFT) form and personally drop it by the credit union office during normal business hours.  As noted on the form,  a voided check, or a copy of a bank statement for a savings account from the external account must be provided with the completed form.  Once your completed form is received your Electronic Funds Transfer request will be reviewed by our staff for approval.  Please carefully read all “IMPORTANT INFORMATION” noted on each Electronic Funds Transfer form prior to submitting your transfer request.  If you have any questions, please contact a staff member.
  • Authorization to transfer from an External Account. EFT Transfer From…click here
  • Authorization to transfer TO an External Account. EFT Transfer To…click here

Your money is secure with BEEFCU. All Shares (savings) accounts are insured up to $250,000.  Check out the NCUA promise.