Stock Market woes got you down?

A safe way to invest money for the future, our share certificates allow you to save money by locking into our higher earnings. You can maximize your earnings with competitive compounding dividends.

Terms
The term of the certificates vary from 3 to 60 months and the rates depend on your account status with JAX Federal Credit Union. The longer the term on the share certificate, the higher the dividend.

Dividends
Dividends are compounded and paid monthly. You have the option of dividends compounding, being paid by check or transferring to another JAXFCU account.

Withdrawal
You may make a partial withdrawal as long as the remaining certificate balance is above the minimum requirement. There is a penalty for early withdrawal. If the account has a term of six months or less, there is a 90-day dividend penalty. If the account has a term of a year or more, there is a 180-day dividend penalty. The penalty may reduce the principal.

Renewal
Certificates can automatically renew at maturity or be transferred to a JAXFCU account at maturity by your request at account opening or before the maturity date. You have 10 calendar days from the date of maturity to redeem or withdraw from the certificate. Unredeemed certificates will automatically rollover, for the same term and at the current rate, on its maturity date.