Credit Unions

crediotunion.jpg

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

BCP/Societe Generale 10 Year Deposit (Issue 2)

BCP is delighted to launch the BCP/Societe Generale 10 Year Deposit (Issue 2) which offers a deposit rate of 0.50% 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 highest rated Retail Banks and has a market cap of €22.8 billion. 

Key Features

  • 10 YEAR DEPOSIT* WHICH PAYS 0.50% AER
  • 0.50% Fixed deposit interest paid out in years 1 to 10*
  • Deposit Interest paid out in July 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: S&P A (Negative), Fitch A (Stable) and Moody’s A1 (Stable)
  • Minimum Investment is €500,000 for Credit Unions and €100,000 for other investors
  • Available to Credit Unions, Pensions, Individuals, Charities, Corporates, Religious Orders and Friendly Societies
  • Closing Date is 7th July 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.