Deposits

Regular Shares

Our Share accounts let you deposit your money into a savings account. Withdrawal of your money is allowed at any time. Our share account is a variable-rate account. This rate and yield may change at any time at the credit union’s discretion. Dividends will be compounded and credited quarterly. The minimum deposit required to open a share account is $25. You must maintain a minimum balance of $100 in your account to obtain the Annual Percentage Yield stated on the Rate Schedule.

When you open a Share account, you become a member/owner of JACom Credit Union and have access to all credit union products and services. A share account must be opened and maintained in order to open any subsequent accounts or to take advantage of any member services offered.

Share Draft (checking)

Our Share Draft accounts allow you to withdraw your money and write checks against your account at any time. Our Share Draft account is a variable-rate account. This rate and yield may change at any time at the credit union’s discretion. Dividends will be compounded and credited quarterly. You must maintain a minimum average daily balance of $100 in your share draft account to obtain the Annual Percentage Yield stated on the Rate Schedule. Our share draft accounts feature no monthly or per-check charges.

Certificates

Our certificate accounts let you deposit your money for a specified period of time. We have both regular share certificate accounts and IRA certificate accounts. Our certificate accounts are fixed-rate accounts. You will be paid the specified rate and yield until maturity. Dividends will be compounded and credited monthly.

The minimum deposit required to open a certificate account is $1,000. You must maintain an average daily balance of $1,000 in your certificate account to obtain the Annual Percentage Yield stated on the Rate Schedule.

Daruma/Holiday

Our Holiday and Daruma accounts are set up to help you set aside money for the holidays or other special occasions/needs. Start with just $50, then set the amount to transfer from your savings or checking account every month. Holiday accounts payout on or near November 1. Daruma accounts work the same, except you set the payout date.

All JACom Credit Union accounts are insured up to $250,000 by the National Credit Union Administration (NCUA), a U.S. Government Agency.