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CERTIFICATE OF DEPOSIT

High interest rates, low opening deposits, convenient maturity and interest payment terms and deposits insured by the FDIC up to $100,000 are just a few of the many reasons for opening a BSV CD. Your investment is secure while you earn a guaranteed rate of return.

 

When you open a CD with funds from a non BSV source and deposit the interest into any BSV checking or savings account, the interest rate for the first term increases by .10%. Maturities range from 14 days to 5 years.

 

Protect yourself against rate increases by investing in a BSV 18 month Step-Up Certificate of Deposit. If interest rates rise during the 18 month term, you may choose one time to tell us to step-up your rate to the higher one.

 

SIMPLIFIED EMPLOYEE PENSION PLAN

Good planning now can make your retirement years and that of your employees more enjoyable and ease the financial burden later.  BSV offers the SEPP Account to help you and you're employees prepare for those golden years ahead.

 

The Simplified Employee Pension Plan, or SEPP, is a retirement plan for small business owners and their employees. Funds are invested in BSV Certificates of Deposit. The Certificate of Deposit may be of any type so long as the minimum investment criteria is met.

Contributions range from 0 - 25% of each employee's compensation, or $40,000, whichever is lower.

 

INTEREST RATES

To see the current interest rates click on the "Interest Rates" button on this page.

Contact BSV at (434) 246-5211 or (800) 619-5211 for confirmation of rates and additional maturities and rates.