Jeanne D'Arc Credit Union

Check out our current savings account rates!

Savings Accounts

We offer a variety of savings options including Youth Accounts, Money Market Savings, Certificates and Individual Retirement Accounts.

Competitive Rates
Direct Deposit / Payroll Deduction to make saving easier
Deposits federally insured up to $100,000 by the National Credit Union Administration (NCUA), a U.S. Government Agency.
Additional insurance on balances over $100,000 by the Massachusetts Share Insurance Corporation (MSIC)
Minimum deposit is required to open each account.
One time Bump-Up Rate option available on 24-29 month Certificates

To see if you're eligible to open an account, visit Who Can Join.

	STATEMENT SAVINGS	LOONEY TUNES™* SAVINGS	FOCUSED YOUNG INVESTORS®	MONEY MARKET SAVINGS ACCOUNT
OPENING REQUIREMENTS	$5	NONE	$5	$1000 minimum balance
AGE REQUIREMENTS	NONE	Birth to age 12	13 through 18	NONE
CERTIFICATES	$500 minimum balance requirement Terms range from 6 to 60 months OPEN NOW	$250 minimum balance requirement Terms range from 6 to 36 months	$250 minimum balance requirement Terms range from 6 to 36 months OPEN NOW	N/A
ONLINE BANKING	FREE	N/A	FREE	FREE
ONLINE STATEMENTS***	FREE	FREE	FREE	FREE
DIRECT DEPOSIT	FREE	FREE	FREE	FREE
ATM ACCESS	YES	N/A	YES	YES
ONLINE ENROLLMENT	OPEN NOW	N/A	OPEN NOW	OPEN NOW

* Looney Tunes™, characters, names and all related indicia are trademarks of Warner Bros. © 1995.
** There may be a penalty for early withdrawal on all Certificate Products.
*** Online Banking access necessary. Once enrolled you will no longer receive a paper copy via US Postal Mail unless you request to unsubscribe.

Individual Retirement Accounts (IRAs)
An IRA is a special tax-favored savings plan authorized by the Federal Government to help you build a personal retirement fund while saving on your taxes. The deposits you make may be tax deductible. Lump sums from a qualified Pension Plan or another IRA can establish a JDCU IRA or be added to an existing IRA. The funds must be deposited into an IRA within 60 days of the withdrawal. To determine if these funds qualify for a Rollover, consult your tax advisor.

Please consult a tax advisor to determine how Federal, State and local tax laws affect your deductibility and what plan is best for you.

	TRADITIONAL IRA	ROTH IRA	COVERDELL EDUCATION SAVINGS ACCOUNT (CESA)-FORMERLY EDUCATION IRA-
CONTRIBUTION AMOUNT REQUIREMENTS	The lesser of 100% of earned income or $5,000- (under age 50) $6,000- (age 50 or over) for tax year 2008. If you are married, filing a Joint tax return, you can contribute 100% of earnings or $8,000- (under age 50) or $10,000- (age 50 or over) As long as one or both of the Joint filers have earned income to cover the contribution. Max of $4000- or $5000- per individual, depending on age.	The lesser of 100% of earned income or $5,000- (under age 50) $6,000- (age 50 or over) for tax year 2008. If you are married, filing a Joint tax return, you can contribute 100% of earnings or $8,000- (under age 50) or $10,000- (age 50 or over) As long as one or both of the Joint filers have earned income to cover the contribution. Max of $4000- or $5000- per individual, depending on age.	$2,000 per beneficiary
CONTRIBUTION AGE REQUIREMENTS	Under 70½	N/A	Until the beneficiary reaches age 18 (waived for children with special needs).
DISTRIBUTION (WITHDRAWAL) REQUIREMENTS	Must begin withdrawing from Ira by April 1 of the year following attainment of age 70½. 10% Early Withdrawal Penalty assessed by IRS for withdrawals made prior to attaining age 59½ (some exceptions apply, consult tax advisor)	Not required to make distributions at a specific age.	Balance must be distributed before the beneficiary reaches age 30 or may be rolled over into another family member's CESA.
TAX ADVANTAGES	Contributions are usually tax deductible subject to plan participation and AGI limits (consult your tax advisor). Earnings are tax deferred until you make withdrawals.	Contributions are made with after-tax money. You may make tax-free distributions for a qualified purpose after your IRA has been open for five consecutive years.	Distributions are tax-free if used for elementary, secondary & post-secondary qualified expenses.