Federally Insured Funds Funds deposited in BCTFCU are federally insured up to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF) administered by the National Credit Union Administration (NCUA) and backed by the full faith and credit of the United States Government. The NCUA is a U.S. Government Agency.
Share Accounts A $5.00 minimum deposit is required to open a share account at the Credit Union and is open to employees of schools in Butler County (see Memberships). By opening an account, this will get a member one share in the Credit Union. All members of the Credit Union have equal ownership and equal voting rights.
Christmas Clubs A member can start a Christmas Club any time of the year! A minimum of $25.00 is needed to start the account. Christmas Club checks are mailed by October 15th each year and the account will automatically renew. If a member withdraws funds from the Christmas club prior to the October 15th payout, the funds will incur an early withdrawal fee.