Jackson River Community Credit Union

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Jackson River Community Credit Union Locations

Deposit Rates - May 25, 2022

SAVINGS RATES APY MIN
CD RATES APY MIN
6 Mo CD
0.45% $500 Compare
VARIABLE IRA RATES APY MIN
Var IRA
0.75% $1
INT CHECKING RATES APY MIN
Int Ckg
0.05% $300

Overview 2022

General Credit Union Information

NCUA Insured Yes / State-Chartered
Charter Number # 66967
Date Established 1953
Assets $104.37 million
Loans $41.44 million
Deposits $93.22 million
Capital $11.99 million


Jackson River Community Credit Union is a NCUA insured credit union headquartered at 347 NORTH COURT AVE, COVINGTON, VA 24426.
It was founded in 1953 and has approximately $104 million in assets. Customers can open an account at one of its 5 branches.

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Savings Comparison

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.

PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES

Tax Rate: 30%

All calculations are for demonstration purposes only.

  • 1
    LOCAL CD
    Credit Union
    VIRGINIA
    $50,000
    6 Month
    0.45%
    1.68x (National Avg. - 0.27%)
    $500
    -
    SCENARIO
    Year Rate
    0.45%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 225 158
    2 50,225 226 158
    3 50,451 227 159
    4 50,678 228 160
    5 50,906 229 160
    6 51,135 230 161
    7 51,365 231 162
    8 51,596 232 163
    9 51,829 233 163
    10 52,062 234 164
    11 52,296 235 165
    12 52,531 236 165
    13 52,768 237 166
    14 53,005 239 167
    15 53,244 240 168
    16 53,483 241 168
    17 53,724 242 169
    18 53,966 243 170
    19 54,209 244 171
    20 54,453 245 172
    TOTAL $4,698 $3,288
  • 2
    ONLINE CD
    Online Bank
    -
    $50,000
    12 Month
    1.30%
    3.22x (National Avg. - 0.40%)
    $5,000
    -
    SCENARIO
    Year Rate
    1.30%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 650 455
    2 50,650 658 461
    3 51,308 667 467
    4 51,975 676 473
    5 52,651 684 479
    6 53,336 693 485
    7 54,029 702 492
    8 54,731 712 498
    9 55,443 721 505
    10 56,164 730 511
    11 56,894 740 518
    12 57,633 749 524
    13 58,383 759 531
    14 59,142 769 538
    15 59,910 779 545
    16 60,689 789 552
    17 61,478 799 559
    18 62,277 810 567
    19 63,087 820 574
    20 63,907 831 582
    TOTAL $14,738 $10,317


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