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Account Type | Minimum Opening Deposit | Minimum Balance | Minimum to Earn Dividends | Annual Percentage Yield (APY) | Dividend Rate | Rate Fixed/Variable | Dividends Compounded Paid |
---|---|---|---|---|---|---|---|
Membership Savings Account | $5.00 | $5.00 | $50.00 | 0.10% | 0.10% | Varies | Monthly |
Club Account | $5.00 | 0 | $50.00 | 0.10% | 0.10% | Varies | Monthly |
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:
Regulation D is a federal regulation which places certain limits on the number of transfers or withdrawals members can make from their savings, club, and money market accounts. Click to learn more about Reg. D