INSURED SAVINGS
Jersey Trades Federal Credit Union is federally regulated by the National Credit Union Administration (NCUA), an agency of the federal government. The National Credit Union Share Insurance Fund (NCUSIF), which is managed by NCUA, backs the savings of credit union members up to $250,000.00 per account*. Members have peace of mind knowing that their money is backed by the full faith and credit of the US Government.
The NCUSIF is widely recognized as the best managed of all federal deposit insurance funds better than the programs that insure banks or savings and loans. While taxpayers paid billions to bail out savings and loans, not one taxpayer dollar has ever gone into the credit union insurance fund.
*Changes To Coverage Limits
The Emergency Economic Stabilization Act of 2008, signed into law on October 3, 2008, increased the insurance coverage on all accounts up to $250,000 through December 31, 2013.
SAVINGS RATES
(All rates subject to change)
| Primary Savings |
0.50 APY |
| |
| 3 Month Cert |
0.60 APY |
| 6 Month Cert |
0.70 APY |
| 12 Month Cert |
1.00 APY |
| 24 Month Cert |
1.25 APY |
| 30 Month Cert |
1.50 APY |
| 60 Month Cert |
2.00 APY |
Easy Access CD (12 Mos) 0.75 APY
|
| |
| IRA 12 Month |
1.00 APY |
| IRA 24 Month |
1.25 APY |
| IRA 30 Month |
1.50 APY |
| IRA 60 Month |
2.00 APY |
| |
| Money Market |
Rates |
|
