Jax Federal Credit Union

P.O. Box 2357
Jacksonville, FL 32232
800-443-2664
www.jaxfcu.org

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Jax Federal Credit Union is headquartered in JACKSONVILLE and is the 33^rd largest credit union in the state of Florida. It is also the 622^nd largest credit union in the nation. It was established in 1935 and as of September of 2011, it had grown to 88 employees and 31,366 members. Jax Federal Credit Union has a 4-star health rating.

5.50% 7-Month / 5.50% 13-Month CD at a Florida CU (Jax Federal) - 6/6/2007

Jax Federal Credit Union is having a certificate special with a yield of 5.50% APY for terms of 7 and 13 months. The minimum deposit is $5,000, and a maximum deposit of $100,000.Field of membership includes those who live, work, worship or learn in...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Jax Federal Credit Union Checking Account Rates

Apy	Min	Max	Product
0.45%	-	$5k	Extreme Checking
0.10%	$2,500	-	Interest Checking
0.10%	$100	-	Business Interest Checking

Jax Federal Credit Union Savings Account Rates

Apy	Min	Max	Product
0.30%	-	-	IRA Savings
0.30%	-	-	Roth IRA Savings
0.30%	-	-	CESA Savings
0.20%	$100	-	Regular Savings
0.20%	-	-	Freedom Eagle
0.20%	$100	-	Holiday Club
0.20%	$100	-	You-Name-It Savings
0.20%	$100	-	Business Savings

Jax Federal Credit Union Money Market Rates

Apy	Min	Max	Product
0.45%	$100k	-	Market Account
0.45%	$100k	-	Business Money Market Account

Jax Federal Credit Union CD Rates

Apy	Min	Max	Product
2.50%	$7,500	$10k	3 Year Personal Goal Savings Certificate
2.50%	$7,500	$10k	5 Year Personal Goal Savings Certificate
1.80%	$500	-	60 Month Eagle Ultimate Certificate
1.70%	$500	-	60 Month Eagle Advantage Certificate
1.65%	$500	-	60 Month Eagle Essential Certificate
1.55%	$500	-	60 Month Eagle Basic Certificate
1.40%	$500	-	48 Month Eagle Ultimate Certificate
1.30%	$500	-	36 Month Eagle Ultimate Certificate
1.30%	$500	-	48 Month Eagle Advantage Certificate
1.25%	$500	-	48 Month Eagle Essential Certificate
1.20%	$500	-	36 Month Eagle Advantage Certificate
1.15%	$500	-	36 Month Eagle Essential Certificate
1.15%	$500	-	48 Month Eagle Basic Certificate
1.05%	$500	-	36 Month Eagle Basic Certificate
0.80%	$500	-	24 Month Eagle Ultimate Certificate
0.70%	$500	-	18 Month Eagle Ultimate Certificate
0.70%	$500	-	24 Month Eagle Advantage Certificate
0.65%	$500	-	12 Month Eagle Ultimate Certificate
0.65%	$500	-	24 Month Eagle Essential Certificate
0.60%	$500	-	18 Month Eagle Advantage Certificate
0.55%	$500	-	12 Month Eagle Advantage Certificate
0.55%	$500	-	18 Month Eagle Essential Certificate
0.55%	$500	-	24 Month Eagle Basic Certificate
0.50%	$500	-	12 Month Eagle Essential Certificate
0.45%	$500	-	18 Month Eagle Basic Certificate
0.40%	$500	-	12 Month Eagle Basic Certificate
0.30%	$500	-	6 Month Eagle Ultimate Certificate
0.20%	$500	-	6 Month Eagle Advantage Certificate
0.15%	$500	-	6 Month Eagle Essential Certificate
0.05%	$500	-	6 Month Eagle Basic Certificate

Jax Federal Credit Union IRA Rates

Apy	Min	Max	Product
1.80%	$500	-	60 Month Eagle Ultimate IRA Certificate
1.80%	$500	-	60 Month Eagle Ultimate Roth IRA Certificate
1.80%	$500	-	60 Month Eagle Ultimate CESA Certificate
1.70%	$500	-	60 Month Eagle Advantage IRA Certificate
1.70%	$500	-	60 Month Eagle Advantage Roth IRA Certificate
1.70%	$500	-	60 Month Eagle Advantage CESA Certificate
1.65%	$500	-	60 Month Eagle Essential IRA Certificate
1.65%	$500	-	60 Month Eagle Essential Roth IRA Certificate
1.65%	$500	-	60 Month Eagle Essential CESA Certificate
1.55%	$500	-	60 Month Eagle Basic IRA Certificate
1.55%	$500	-	60 Month Eagle Basic Roth IRA Certificate
1.55%	$500	-	60 Month Eagle Basic CESA Certificate
1.40%	$500	-	48 Month Eagle Ultimate IRA Certificate
1.40%	$500	-	48 Month Eagle Ultimate Roth IRA Certificate
1.40%	$500	-	48 Month Eagle Ultimate CESA Certificate
1.30%	$500	-	36 Month Eagle Ultimate IRA Certificate
1.30%	$500	-	48 Month Eagle Advantage IRA Certificate
1.30%	$500	-	36 Month Eagle Ultimate Roth IRA Certificate
1.30%	$500	-	48 Month Eagle Advantage Roth IRA Certificate
1.30%	$500	-	36 Month Eagle Ultimate CESA Certificate
1.30%	$500	-	48 Month Eagle Advantage CESA Certificate
1.25%	$500	-	48 Month Eagle Essential IRA Certificate
1.25%	$500	-	48 Month Eagle Essential Roth IRA Certificate
1.25%	$500	-	48 Month Eagle Essential CESA Certificate
1.20%	$500	-	36 Month Eagle Advantage IRA Certificate
1.20%	$500	-	36 Month Eagle Advantage Roth IRA Certificate
1.20%	$500	-	36 Month Eagle Advantage CESA Certificate
1.15%	$500	-	36 Month Eagle Essential IRA Certificate
1.15%	$500	-	48 Month Eagle Basic IRA Certificate
1.15%	$500	-	36 Month Eagle Essential Roth IRA Certificate
1.15%	$500	-	48 Month Eagle Basic Roth IRA Certificate
1.15%	$500	-	36 Month Eagle Essential CESA Certificate
1.15%	$500	-	48 Month Eagle Basic CESA Certificate
1.05%	$500	-	36 Month Eagle Basic IRA Certificate
1.05%	$500	-	36 Month Eagle Basic Roth IRA Certificate
1.05%	$500	-	36 Month Eagle Basic CESA Certificate
0.80%	$500	-	24 Month Eagle Ultimate IRA Certificate
0.80%	$500	-	24 Month Eagle Ultimate Roth IRA Certificate
0.80%	$500	-	24 Month Eagle Ultimate CESA Certificate
0.70%	$500	-	18 Month Eagle Ultimate IRA Certificate
0.70%	$500	-	24 Month Eagle Advantage IRA Certificate
0.70%	$500	-	18 Month Eagle Ultimate Roth IRA Certificate
0.70%	$500	-	24 Month Eagle Advantage Roth IRA Certificate
0.70%	$500	-	18 Month Eagle Ultimate CESA Certificate
0.70%	$500	-	24 Month Eagle Advantage CESA Certificate
0.65%	$500	-	12 Month Eagle Ultimate IRA Certificate
0.65%	$500	-	24 Month Eagle Essential IRA Certificate
0.65%	$500	-	12 Month Eagle Ultimate Roth IRA Certificate
0.65%	$500	-	24 Month Eagle Essential Roth IRA Certificate
0.65%	$500	-	12 Month Eagle Ultimate CESA Certificate
0.65%	$500	-	24 Month Eagle Essential CESA Certificate
0.60%	$500	-	18 Month Eagle Advantage IRA Certificate
0.60%	$500	-	18 Month Eagle Advantage Roth IRA Certificate
0.60%	$500	-	18 Month Eagle Advantage CESA Certificate
0.55%	$500	-	12 Month Eagle Advantage IRA Certificate
0.55%	$500	-	18 Month Eagle Essential IRA Certificate
0.55%	$500	-	24 Month Eagle Basic IRA Certificate
0.55%	$500	-	12 Month Eagle Advantage Roth IRA Certificate
0.55%	$500	-	18 Month Eagle Essential Roth IRA Certificate
0.55%	$500	-	24 Month Eagle Basic Roth IRA Certificate
0.55%	$500	-	12 Month Eagle Advantage CESA Certificate
0.55%	$500	-	18 Month Eagle Essential CESA Certificate
0.55%	$500	-	24 Month Eagle Basic CESA Certificate
0.50%	$500	-	12 Month Eagle Essential IRA Certificate
0.50%	$500	-	12 Month Eagle Essential Roth IRA Certificate
0.50%	$500	-	12 Month Eagle Essential CESA Certificate
0.45%	$500	-	18 Month Eagle Basic IRA Certificate
0.45%	$500	-	18 Month Eagle Basic Roth IRA Certificate
0.45%	$500	-	18 Month Eagle Basic CESA Certificate
0.40%	$500	-	12 Month Eagle Basic IRA Certificate
0.40%	$500	-	12 Month Eagle Basic Roth IRA Certificate
0.40%	$500	-	12 Month Eagle Basic CESA Certificate
0.30%	$500	-	6 Month Eagle Ultimate IRA Certificate
0.30%	$500	-	6 Month Eagle Ultimate Roth IRA Certificate
0.30%	$500	-	6 Month Eagle Ultimate CESA Certificate
0.20%	$500	-	6 Month Eagle Advantage IRA Certificate
0.20%	$500	-	6 Month Eagle Advantage Roth IRA Certificate
0.20%	$500	-	6 Month Eagle Advantage CESA Certificate
0.15%	$500	-	6 Month Eagle Essential IRA Certificate
0.15%	$500	-	6 Month Eagle Essential Roth IRA Certificate
0.15%	$500	-	6 Month Eagle Essential CESA Certificate
0.05%	$500	-	6 Month Eagle Basic IRA Certificate
0.05%	$500	-	6 Month Eagle Basic Roth IRA Certificate
0.05%	$500	-	6 Month Eagle Basic CESA Certificate

Rates updated: 2/10/2012

Data for Q3 2011

Institution Statistics

JAX
NCUA #	340
BankRate Report	View
Year Established	1935
Employees	88
Primary Regulator
Assets and Liabilities
Assets	$306.45 million
Loans	$175.88 million
Deposits	$267.56 million
Equity Capital	$29.05 million
Loan Loss Allowance	$5.42 million
Unbacked Noncurrent Loans	$5.60 million
Real Estate Owned	$278,000
Historic Data - September 2010
Assets	$295.97 million
Equity Capital	$27.48 million
Loan Loss Allowance	$6.59 million
Unbacked Noncurrent Loans	$5.60 million
Real Estate Owned	$41,000
Profit Margin - Quarterly
Net Interest Margin	4.37%
Return on Assets	0.51%
Return on Equity	5.35%
Interest Income	$9.12 million
Non-Interest Income	$3.47 million

Institution Health

Overall Score:

4 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Jax Federal Credit Union had $5.87 million in non-current loans and owned real-estate with $34.47 million in equity and loan loss allowances on hand to cover it. This gives Jax Federal Credit Union a Texas Ratio of 17.04% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Jax Federal Credit Union held steady from 16.56% as of September 30, 2010 to 17.04% as of September 30, 2011, resulting in a negative change of 2.89%. This indicates that the balance sheet and financial strength for Jax Federal Credit Union has held steady in recent periods.
Deposit Growth
In the past year, Jax Federal Credit Union has increased its total deposits by $7.69 million, resulting in 2.96% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Jax Federal Credit Union has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Jax Federal Credit Union has $306.45 million in assets with $34.47 million in equity, resulting in a capitalization level of 11.25%, which is above average.

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Jax Federal Credit Union

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