Credit Unions

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Designed for Credit Unions but also available to Charities, Religious Orders and Corporates.

BCP/Barclays 10 Year Credit Union Deposit (Issue 5)

BCP is delighted to launch the new BCP/Barclays 10 Year Credit Union Deposit Bond (Issue 5) which offers a minimum AER of 0.46% and a maximum AER of 0.65% over 10 years. The credit ratings for Barclays are A+ (Fitch) and A (S&P). 

Key Features

  • Minimum AER 0.46% and Maximum AER 0.65%
  • Deposit with 100% Capital Security at maturity from Barclays Bank Ireland plc
  • 0.65% deposit interest paid out at the end of years 1 to 7
  • 0.65% deposit interest paid out at the end of years 8 to 10 IF the Euro Stoxx 50 Index is equal to or above the initial valuation at the annual valuation dates 
  • Memory feature means that if you miss an interest payment at the end of years 8 and/or 9, you get it back in future years as long as the Euro Stoxx 50 trades at or above the Initial Level on one of the future annual valuation dates
  • 10 year term
  • Available to Credit Unions only
  • Minimum Investment is €500,000
  • Closing Date is 30th January 2020

Warning: If you invest in this product you will not have any access to your money for 10 years. Warning: Past performance is not a reliable guide to future performance. Warning: If Barclays Bank Ireland plc were to default, you will lose some or all of your investment and potential interest. The payment of Deposit Interest at the end of years 8 to 10 is not guaranteed; any payment will depend on the performance of the Index.

AER is Annual Equivalent Rate. Credit ratings correct as of December 2019.

BCP/NatWest 10/5 Year Credit Union Deposit (Issue 3)

BCP is delighted to launch the new BCP/NatWest 10/5 Year Credit Union Deposit (Issue 3) which offers a market-leading deposit rate of 0.80% AER over 10 years or* 0.80% AER over 5 years. 160 Credit Unions have now placed funds into BCP/NatWest deposits.

Key Features

  • 1.0% Fixed deposit interest paid out at the end of years 1 to 3
  • 0.50% Fixed deposit interest paid out at the end of years 4 to 5
  • 0.80% Fixed deposit interest paid out at the end of years 6 to 10, if not called in year 5 by NatWest Markets plc
  • NatWest Markets plc Credit Ratings: Fitch A (Stable), Moody’s Baa2 (Positive) and S&P A- (Stable)
  • Minimum Investment is €500,000
  • Closing Date is 30th January 2020

*10 year term unless called by NatWest Markets plc on the 5th anniversary. 

Product Downloads

Warning: If you invest in this product, you will not have any access to your money for 10 years if not called by NatWest Markets plc after 5 years. Warning: If NatWest Markets plc were to default, you could lose some or all of your investment and potential interest. 

AER is Annual Equivalent Rate. Credit ratings correct as of 3rd January 2020