Certificate

  • Benefits/Good To Know
  • Application Process
  • FAQs
  • Tools
  • Compare Personal Loans
 

Benefits

  • Competitive interest rates
  • Lower interest rate than an unsecured loan
  • Continue earning interest on your savings account
  • May borrow up to 100% of the funds on deposit in your savings account up to a 60 month term
  • May borrow up to 90% of the Share Certificate value; however the loan term may not exceed the term of the Share Certificate
 

Good To Know

Credit Life / Disability Insurance Available

Credit Life/Disability Insurance is an insurance plan, generally member paid, that provides loan payments to be made on the member's behalf during such time as he/she is temporarily disabled. Decreasing term life insurance that provides for a member's insurable loan balance to be paid in full in the event of his/her death.

Re-Establish Credit

Share/CD loans are great for establishing ore re-establishing credit

eSigning Available

Complete a JSC FCU application and electronically sign the document using a secure and intuitive online process. Please be aware that this process may verify your identity by asking a series of random "out-of-wallet" questions, which may be created from public record and credit databases.

Application Turnaround Time
Applications are typically processed within 24 business hours (excluding holidays and weekends).

Application Process

1. Pre-Approval - May apply Online or In-Branch:
  • What you will need to provide at application:
    • Personal contact & employment Information
    • Proof of Income
    • Amount Requesting
  • Member will receive a pre-approval letter (email for online apps) from a loan officer/processor. This will be your point of contact for your loan closing.
2. Loan Closing (available online or in-branch):
  • Member chooses optional products:
    • Credit Life / Disability Insurance
  • Member chooses payment options
    • Mail payment coupons
    • Periodic Payments
    • Electronic Transfer (through eBanking)
  • Member signs loan documents (see page 2 for complete list)

FAQs

What is a Certificate of Deposit (CD)?
A form of time deposit at a bank or savings institution; a time deposit cannot be withdrawn before a specified maturity date without being subject to an interest penalty for early withdrawal. The minimum needed to open a certificate of deposit with JSC is $500.00. For more information, click here.
Is there a penalty for early withdrawal on Certificates?
Yes, the penalty for a Certificate with an original maturity of 1 year or less there is a 90 day interest penalty on the money withdrawn and for Certificates with an original maturity of more than a year there is a 180 day interest penalty on the money withdrawn.
How many days do I have once my Certificate of Deposit matures to make a decision regarding what I want to do with my money in that account?
Three calendar days after the maturity date (Saturday and Sunday included).
How often do your interest rates change for you Share Certificates? What are the different terms?
Our interest rates are subject to change at any time. Our terms range from a 90 Day Certificate up to a 3 Year Certificate.View our rates.
Does the Credit Union offer special rates for jumbo certificates?
No, our rates are the same regardless of the amount. View our current rates.

Compare Personal Loans

  Personal Loans Line of Credit Share Certificate Loans Share Secured Loans
DESIGNED FOR: Members who wish to borrow funds for a variety of expenses or consolidate debts into one simple loan payment Members who need convenient access to a ready supply of cash at competitive interest rates Members who wish to build good credit by using share certificates as collateral for a loan Members who wish to build good credit by using share Savings Accounts as collateral for a loan
Low and Competitive Rates Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts
Speedy Approvals and Pre-Approvals Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts
NO Collateral Required Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts
Flexibility to Use Your Loan for Any Expense Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts
Simplify Your Life and Budget By Consolidating Bills and Having a Single Payment Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts
Convenient Payment Options Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts
NO Penalties If You Pay Off Your Loan Early Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts
Low-Cost Optional Payment Protection Insurance Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts
Can Be Used As Overdraft Protection     Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts
Earns Dividends During the Loan Period     Compare JSC FCU Checking Accounts Compare JSC FCU Checking Accounts

Apply Now

 

Get a personal loan with JSC FCU

Personal Loans

Learn More
No Image Available

Title Loans

Learn More
Today's Rates
15 Year Fixed Rate Mortgage as low as 3.848% APR
New or Used Auto Rate 1.89% - 12.14% APR
VISA Platinum Credit Card 6.90% - 14.90% APR
Share Certificate 0.50%-1.40% APY
View More Rates

JoomShaper

Locate a Surcharge Free ATM or Shared Branch

eBanking Login