Credit Unions

crediotunion.jpg

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

BCP/Intesa Sanpaolo 10 Year Deposit (Issue 3)

BCP is delighted to launch the new BCP/Intesa Sanpaolo 10 Year Deposit (Issue 3) which offers a market-leading deposit rate of 0.55% AER over 10 years IF not called in by the Bank at the end of years 7, 8, or 9. Intesa Sanpaolo S.p.A. is one of Europe's largest and most profitable Retail Banks and has a market cap of €45 billion. Over 70 Credit Unions have placed funds in BCP/Intesa Deposits to date.

Key Features

  • 10 YEAR DEPOSIT* WHICH PAYS 0.55% AER
  • 0.55% Fixed deposit interest paid out in years 1 to 10*
  • Deposit Interest paid out in May each year
  • *Intesa Sanpaolo S.p.A. has the right (but not the obligation) to terminate the deposit in whole at par at the end of years 7, 8 or 9
  • Intesa Sanpaolo S.p.A. Deposit Credit Ratings: Fitch BBB (Stable), S&P BBB (Stable) and Moody’s Baa1 (Stable)
  • Available to Credit Unions, Charities, Pensions, Corporates, Religious Orders, Friendly Societies and Individuals
  • Minimum Investment is €500,000 for Credit Unions and €100,000 for other investors
  • Closing Date is 21st May 2021

Product Downloads

Warning: If you invest in this deposit you will not have any access to your money for 10 years IF not called in by Intesa Sanpaolo S.p.A. at the end of years 7, 8 or 9. Warning: If Intesa Sanpaolo S.p.A. were to default, you could lose some or all of your investment and potential interest. Warning: Your investment is not covered by any Deposit Guarantee Scheme.

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

BCP/Societe Generale 10 Year Deposit

BCP is delighted to launch the new BCP/Societe Generale 10 Year Deposit which offers a deposit rate of 0.40% AER over 10 years IF not called in by the Bank at the end of years 6, 7, 8 or 9. Societe Generale is one of Europe's largest and most profitable Retail Banks and has a market cap of €18.2 billion. 

Key Features

  • 10 YEAR DEPOSIT* WHICH PAYS 0.40% AER
  • 0.40% Fixed deposit interest paid out in years 1 to 10*
  • Deposit Interest paid out in June each year
  • *Societe Generale has the right (but not the obligation) to terminate the deposit in whole at par at the end of years 6, 7, 8 or 9
  • Societe Generale Deposit Credit Ratings: Fitch A (Stable) and Moody’s A1 (Stable)
  • Available to Credit Unions, Pensions, Individuals, Charities, Corporates, Religious Orders and Friendly Societies
  • Minimum Investment is €500,000 for Credit Unions and €100,000 for other investors
  • Closing Date is 27th May 2021

Product Downloads

Warning: If you invest in this deposit you will not have any access to your money for 10 years IF not called in by Societe Generale at the end of years 6, 7, 8 or 9. Warning: If Societe Generale were to default, you could lose some or all of your investment and potential interest. Warning: Your investment is not covered by any Deposit Guarantee Scheme.

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