With as little as $5, Your company can become a member using this account. This is a fantastic strategy to retain some extra money or pool money for your upcoming major project.
A Certificate Account is an investment that offers you a higher guaranteed rate of return on your money, with the security of knowing that your funds are insured. The annual percentage yield (APY) is fixed for the term of the deposit. JetStream Federal offers you the flexibility to lock up your funds for short or long terms. Certificates can be automatically renewed upon maturity, for your convenience.
Advantages of a Certificate Account:
If you want a savings account that increases your earnings more, then a Money Market Account is for you. Your Money Market earns dividends at competitive rates and you’ll earn even higher rates on larger balances.
A Money Market Account is ideal for members who want the security of federal deposit insurance, the ability to earn high market-based dividends, and easy access to your funds. Plus, you have the convenience of writing Money Market account checks (up to 3 per month). With a deposit of $2,500 you can earn a high variable dividend rate. (Money Markets have a limit of 6 transactions per month).
Advantages of a Money Market Account:
The National Credit Union Administration (NCUA) is a U.S. government agency that federally insures your savings accounts up to $250,000. Plus, individual retirement accounts are insured separately up to $250,000.
What does this mean for you? This means that the deposits that you make at JetStream Federal are protected by an established U.S. government agency. By putting your trust in our Miami-based credit union, you can rest easy knowing that your money is in good hands.
For more information on how your accounts are federally insured, take a few minutes to review this information provided by the NCUA: