Credit Unions

crediotunion.jpg

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

BCP/Barclays 7 Year Credit Union Deposit Bond (Issue 3)

BCP is delighted to launch the new BCP/Barclays 7 Year Credit Union Deposit Bond (Issue 3) which offers a minimum AER of 0.06% and a maximum AER of 0.15% over 7 years. The credit ratings for Barclays Bank Ireland plc are strong at A+ (Fitch) and A (S&P). 

Key Features

  • Minimum AER 0.06% and Maximum AER 0.15%
  • Deposit with 100% Capital Security at maturity from Barclays Bank Ireland plc
  • 0.15% deposit interest paid out at the end of years 1 to 3
  • 0.15% deposit interest paid out at the end of years 4 to 7 IF the Euro Stoxx 50 Index is equal to or above the initial valuation at the annual valuation date
  • Memory feature means that if you miss an interest payment at the end of years 4 to 6, 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
  • 7 year term
  • Minimum Investment is €500,000
  • Closing Date is 27th January 2021

Product Downloads

Warning: If you invest in this product you will not have any access to your money for 7 years.  Warning: If Barclays Bank Ireland plc were to default, you could lose some or all of your investment and potential interest. The Deposit Interest at the end of years 4 to 7 is not guaranteed; any payment will depend on the performance of the Index.

AER is Annual Equivalent Rate. Credit ratings correct as of January 2021.