Deposit Accounts
Savings
All our accounts earn competitive yields — and your deposits are federally insured up to $100,000!
Regular Savings
Our basic account offers competitive yields and unlimited access.
Money Market Savings
Earn a market rate of return with no fixed term or maturity limitations. Your account is accessible through limited check writing, BAYPHONE, an ATM card and optional overdraft protection.
Certificates (CDs)
Lock in an excellent yield for terms from two months to five years. Our low minimum balance requirements make it easier for you to earn higher yields and build your savings.
Individual Retirement Accounts
It's never too early to start saving for your future with an IRA! We offer Traditional, SEP, and Roth IRAs, as well as Coverdell Education Savings Accounts. Unlike stocks, our IRAs are federally insured and offer guaranteed, steady earnings:
Direct Deposit
The safe, easy and fast way to put your money where you want it to go-your Bay Federal account! Each payday, your net pay will be deposited automatically into your account. You'll never have to stand in line to cash your paycheck again.
Payroll Deduction
Pay yourself first! Each payday, part of your paycheck will be deducted and sent immediately to your Bay Federal account. You can divide it up any way you like, sending some to savings, to checking, or make loan payments.
Federally Insured Deposits
Your deposits at Bay Federal Credit Union are federally insured up to $100,000 per account by the National Credit Union Administration, a U.S. government agency. IRAs are separately insured up to $250,000.