Rates and Fees

Deposit Rates

**penalty will be imposed for early withdrawal

For share certificates (including IRA), you will be paid the disclosed rate until first maturity. While CJFCU attempts to keep all of the rates posted on this site up to date, there may be periods when this is not possible. Please contact the credit union to verify these rates.

Rates Verified as of:

APR = Annual Percentage Rate. APY = Annual Percentage Yield. Rates stated are available to CJFCU Members only. Fees may reduce earnings on deposits, see fee schedule for details. For account terms and conditions, please contact a Credit Union Representative or see your “Terms and Conditions of Your Account” disclosure. For all savings (share) accounts, you may make up to six transfers or withdrawals by means of a preauthorized, automatic, or telephonic transfer to another account of yours or to a third party or by check, debit card, or similar order to a third party during any calendar month (or statement cycle of at least four weeks). A preauthorized transfer includes any arrangement with us to pay a third party from your account at (1) a predetermined time; (2) on a fixed schedule or (3) upon or written orders including orders received through the automated clearing house (ACH). If the transfer or withdrawal is initiated in person, by mail, or at an ATM then there is no limit on the number of payments that may be made directly to you, directly to us for amounts you owe us, or transfers to other accounts you have with us. Withdrawals by phone are also unlimited if you are requesting that a check be mailed to you.

Checking (Share Draft) Accounts:

• 1^st Choice Checking: Available for members ages 18-25. There is no minimum opening deposit requirement. Account will be converted to a Basic or Gold checking account, based on the credit union’s standard terms, at the time of the owner’s 26th birthday.
• Basic Share Draft: There is no minimum opening deposit requirement. There is a $2.95 monthly service fee.
• Gold Share Draft: There is no minimum opening deposit requirement.
• Money Market: There is a $1,000.00 minimum opening deposit requirement. Minimum balance to earn the stated APY is $1,000.00. There is a limit of four (4) withdrawals of any kind per month. An excess withdrawal fee of $15.00 per withdrawal will be assessed for each withdrawal in excess of the four (4) permitted.

Savings (Share) Accounts:

• Master Savings: There is a $5.00 minimum opening deposit requirement. Minimum balance to earn the stated APY is $100.00.
• Sub Savings: There is no minimum opening deposit requirement. Minimum balance to earn the stated APY is $100.00.
• IRA Savings: There is no minimum opening deposit requirement. Minimum balance to earn the stated APY is $100.00.
• Holiday/Vacation Club Accounts: There is no minimum opening deposit requirement. Minimum balance to earn the stated APY is $100.00. If you close your account before dividends are paid, you will not receive the accrued dividends. Penalties apply for early withdrawal(s).

Share Certificate Accounts:

• Share and IRA Certificates: There is a $500.00 minimum opening deposit and minimum balance to earn stated APY. Penalties apply for early withdrawal. At the end of the certificate term, Share certificates will be deposited into the Master Savings account. IRA certificates will automatically renew for a term equal to the original term at the current dividend rate, unless we receive written notice from you prior to maturity. You will have a grace period of ten calendar days after maturity to withdraw the funds without being charged an early withdrawal penalty.

Loan Rates

All Rates are subject to change at any time without notice. While CJFCU attempts to keep all of the rates posted on this site up to date, there may be periods when this is not possible. Please contact the credit union to verify these rates. Use our CALCULATOR to calculate monthly payments based on the rate, term and amount you enter.

Rates Verified as of:

APR = Annual Percentage Rate. APY = Annual Percentage Yield. Rates stated are as low as and available to CJFCU Members only. Membership eligibility requires with a $5 minimum in savings. All loans are part of our Rewards Based lending program. Loan and credit card rates are lowest rates offered for qualified applicants. Actual rate will be based on term and individual creditworthiness. The maximum APR that may be imposed on any loan plan is 18.00%. Loan applications are good for 30 days from date of submission. Your loan payments will be due monthly and payments will be calculated to pay off the loan balance in approximate equal monthly payments by the maturity date.

Credit Card Loans:

• The credit card APR may be changed annually based on the economic climate. Maximum loan amount $20,000; view the Visa Platinum Card Agreement.

Vehicle Loans:

• New and used auto loan rates in effect for loans applied for. Loan decision, APR, terms of loan, year, make, model and loan to value of vehicle and/or amount borrowed are all subject to applicant credit worthiness. Must be a member in good standing and meet all lending requirements. Loan amounts of $14,999 or lower have a maximum term of 60 months. Loan of $15,000 or higher have a maximum term of 84 months. Vehicles eligible for used auto loan or refinance rates are 5 years old or newer; for vehicles older than 5 years, financing dependent on vehicle value. Your interest rate will not change over the life of your loan.

Personal Loans:

• Share Secured Loan: Borrow up to the available balance in your share account (funds will be pledged). APR is variable based on the dividend rate plus 4.25% and may change monthly. Repayment terms for 60 month loan at 4.30% would consist of 60 monthly payments of $18.60 per $1,000.00 borrowed. Interest accrues from the date the loan is funded
• Share Certificate Secured Loan: Term restrictions may apply based on underwriting criteria. Repayment terms dependent upon rate of Certificate Account used to secure the loan.
• Overdraft Line of Credit: Maximum loan amount of $2,500.00. Repayment does not consist of a fixed monthly payment but is based on a monthly payment of 5.00% of the outstanding balance with a minimum payment of $ 25.00. Payments are not fixed. Term and payment may vary depending upon your credit history, loan amount and other factors. Overdraft line of credit rate is variable.  Rate and terms are subject to change without notice. Central Jersey Federal Credit Union’s Overdraft Line of Credit does not charge any membership fees, balance transfer fees or termination fees.
• Personal Line of Credit: APR ranges from 8% to 16% depending on your creditworthiness. Maximum loan amount is $10,000.00, minimum loan amount is $500.00. Repayment does not consist of a fixed monthly payment but is based on a monthly payment of 3.00% of the outstanding balance with a minimum payment of $50.00. Payment may vary depending upon your credit history, loan amount and other factors. Rate is fixed. Rate and terms are subject to change without notice. Line accounts are subject to approval, and must have an open CJFCU account in good standing.
• Signature Loan: Maximum loan amount $20,000.00; longest term is 60 months. Interest accrues from the date the loan is funded. Your interest rate will not change over the life of your loan.

Real Estate Loans call (732) 634-0600 for Current Rates

Fee Schedule

*This service is free via CJFCU’s Internet Banking and/or Telephone Teller;
**Savings accounts with no activity for 1 year will be charged a $10.00 monthly fee until the account reaches a zero balance. At that time, the account will be closed;
***Ages 65 and older excluded;
****Account restrictions apply. See account disclosure for details and limitations