Jordan Credit Union Announcements

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January 06 2014
Checking Accounts that will Make You Money

Here is a list of fees* for the basic checking accounts at the 5 largest banks in the nation:


Bank

Fee to Open

Monthly Fee

1

$25

$8.95 Unless statements are paperless and deposits/ withdrawals are done online or by ATM

2

$100

$7 with online only statements, or

$9 with paper statements unless direct deposit and average balance of $1500

3

$25

$12 unless direct deposit of at least $500

4

N/A

$10 unless balance of at least $1500 in prior month or one direct deposit and one bill payment each month

5

$50

$6.95 with online statements

$8.95 with paper statements

Unless direct deposits of at least $500 or average account balance of $1500

Jordan Credit Union has no fees to open a checking account, no monthly fees and no minimum balance requirements. In fact, JCU is willing to pay you for using their checking accounts. If you switched a checking account from the largest bank in the nation to a Cash Back Checking Account at JCU, not only would you save $132.40 a year in fees, you could earn an additional $90. That means, in your first year, you would see a net gain of $222.40. Add the $20 each month you would receive in ATM refunds, and it's easy to see which checking account is the better choice.

Stop dealing with all of the fees. Come in to switch to a Free Checking Account today!

 

*Information for comparative chart provided by: http://abcnews.go.com/blogs/business/2012/09/basic-checking-account-fees-at-10-largest-banks/

** On approved credit. All qualifications must be achieved each cycle to earn cash back. For Personal accounts only (1 account per SSN). ATM fee refunds up to $20 are provided as long as qualifications are met each qualification cycle. All qualification transactions on the account must be posted and cleared during the qualification cycle, which could take anywhere from, but not limited to, 1-5 business days to post to an account from the date the transaction is made (ATM withdrawals do not qualify). Rates subject to change. Fees may reduce earnings.



Todays Best Rates

Type F/V Term APR
≤75,000 miles Fixed 4 Years 2.70%*
≤75,000 miles Fixed 5 Years 2.90%*
>75,000 miles Fixed 5 Years 3.25%*
Type F/V Annual Fee APR
Platinum Variable None 7.90%*
Preferred Variable None 11.5%*
Classic Variable None 12.5%*
Savings F/V Term APY
CD Fixed 5 Years 1.81%*
Money Market Variable n/a 0.20%*
IRA Variable n/a 0.25%*
Rates Effective March 1, 2013
*Rates subject to change. On approved credit.
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