Bowater CU Share Savings Account

Bowater CU Share Savings Account Review

Bowater CU Share Savings Account is offered by Bowater Credit Union, a credit union founded in 1954 and based in Calhoun, TN. Bowater CU Share Savings Account are available in 50 states (and Washington, DC).

Key Takeaways

• Low interest rate. The maximum annual percentage yield for this account is only 0.050%.
• $0 monthly fee. This account does not charge any monthly account fees.
• Small minimum initial deposit. You only need $5 to open an account.

Bowater CU Share Savings Account Pros & Cons

Bowater CU Share Savings Account FAQ

Are savings accounts from Bowater Credit Union federally insured?

Yes, your savings accounts are insured up to $250,000 per share owner for each account ownership category. The National Credit Union Administration (NCUA), a federal agency, administers the insurance fund and regulates federally insured credit unions. The fund is backed by the full faith and credit of the U.S. Government.

Does Bowater Credit Union offer a signup bonus?

Bowater CU Share Savings Account doesn't offer a signup bonus.

What is the minimum initial deposit for Bowater CU Share Savings Account?

What APY does Bowater CU Share Savings Account offer?

Bowater CU Share Savings Account offers an APY up to 0.050% (APY stands for annual percentage yield, rates may change).

What fees does Bowater CU Share Savings Account charge?

Bowater CU Share Savings Account does not charge a monthly service fee. See the fee breakdown section below to view all fees.

What features and perks does Bowater CU Share Savings Account offer?

This savings account includes the following features:

• Free Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
• Mobile Banking Services - Bowater CU Share Savings Account allows you to manage your money online or with a mobile app.
• Nationwide ATM network - Conveniently transact at a nearby ATM.

Can you set up a direct deposit to Bowater CU Share Savings Account?

Yes, you can typically set up a direct deposit to this account. However, it depends on the direct deposit program your employer uses. Most direct deposit programs allow you to send your paycheck to a savings or checking account. In some cases, you can even split your paycheck between the two.

What is the customer support email for Bowater CU Share Savings Account?

The customer support email for Bowater CU Share Savings Account is info@bowaterecu.org.