Qualifications
- Be a member of the Credit Union
- A minimum deposit of JA $1000
Description
Here's What You Need
Use Funds For any personal use
Benefits
-
- Saving Goals up to $3 million are insured
- Investment can be rolled over every 10 years
- Security: Cash value of plan can be used to secure loans
- Loan must be cleared before maturity of plan
- Earn higher monthly interest rate
- Savings term minimum is 10 years
- Saving option 1
- Classic
- JA$5,000-$9,999
- Interest rate: 6.5 %
- Interest rate (if member withdraw before maturity date) 3.5%
- Saving option 2
- Premium
- JA$10,000-$14,999
- Interest rate: 6.8 %
- Interest rate (if member withdraw before maturity date) 4%
- Saving option 3
- Platinum
- JA$15,000 & over
- Interest rate: 7 %
- Interest rate (if member withdraw before maturity date) 4.5%