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For members searching for a checking account that draws savings-like dividends, JSC Federal Credit Union offers its Money Market Account, a high yield investment alternative with the added benefit of liquidity. A minimum deposit of $1,000 is required to open an account. Members are allowed to make three withdrawals and write three checks per month on the account. Minimum check, transfer, or withdrawal transaction is $200, and checks are provided free of charge to the member.
Dividends rates are based on your daily balance and can vary from month to month. Dividends are paid monthly and accounts that fall below the required $1,000 minimum balance are paid regular checking account dividends
The JSC Money Market account offers:
- No monthly service fees
- Higher dividend rates
- 6 withdrawals per month (3 of these may be checks)
- Special Money Market checks at no charge
For more information on JSC Federal Credit Union, or to find out how you can join, please call 281.488.7070 or 800.940.0708, or visit any branch office or e-mail.
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