Florida-based JetStream Federal Credit Union (JetStream) is offering three, limited-time Certificate Accounts: 13-month (1.50% APY), 25-month (1.80% APY), and 37-month (2.00% APY). The minimum deposit is $500, with no stated balance cap.
According to CSR, the Early Withdrawal Penalty for any of the Certificate Accounts is a mild three months of interest.
Headquartered in Miami Lakes, Florida, JetStream Federal Credit Union’s field of membership (FOM) is primarily residency based, with individuals who live, work, worship, volunteer, or attend school in Miami-Dade County (FL) or the Puerto Rico municipalities of Carolina, Trujillo Alto, or San Juan, eligible to join.
Employees of 130+ Member Companies also qualify for membership.
Immediate family or household members of current JetStream members are eligible.
Joining JetStream and/or opening a Certificate Account can be done online, or at of any of six Florida branches located in Doral, Hialeah, Miami (2), and Miami Lakes (2). JetStream also has a branch location in Carolina, Puerto Rico.
The Membership Application can be downloaded and returned in person to any of the above mentioned branch locations or by mail.
Credit Union Overview
JetStream Federal Credit Union has an overall health grade of "A+" at DepositAccounts.com, with a Texas Ratio of 3.45% (excellent) based on December 31, 2016 data. In the past year, JetStream has increased its total non-brokered deposits by $11.16 million, an excellent annual growth rate of 7.41%. Please refer to our financial overview of JetStream Federal Credit Union (NCUA Charter # 24718) for more details.
Founded in 1947 as the Miami FAA Credit Union, the Credit Union only offered Share Accounts and Personal Loans for the first 30 years of operation. The scope of the Credit Union began to change in 1977, as CDs and IRAs were added to the product line. There have been three name changes, and in keeping with the aviation motif, JetStream Federal Credit Union become the official name in 2004. JetStream currently has more than 21,300 members and assets in excess of $187 million.
How the CDs Compare
When compared to the 234 similar length-of-term CDs tracked by DepositAccounts.com, which require a similar minimum deposit and available within the FOM, JetStream Federal Credit Union’s 13-month Certificate Special APY currently shares the top spot with Connexus Credit Union’s 12-month Certificate.
When compared to the 226 similar length-of-term CDs tracked by DepositAccounts.com, which require a similar minimum deposit and available within the FOM, JetStream Federal Credit Union’s 25-month Certificate Special APY currently ranks first.
When compared to the 229 similar length-of-term CDs tracked by DepositAccounts.com, which require a similar minimum deposit and available within the FOM, JetStream Federal Credit Union’s 37-month Certificate Special APY currently shares the top spot with three other CDs.
The above rates are accurate as of 4/12/2017.