![]() ![]() You can join Puerto Rico Federal Credit Union if you meet any of the following criteria: How to Join Puerto Rico Federal Credit Union When a credit union is federally insured, up to $250,000 in an individual account is secure. Puerto Rico Federal Credit Union is federally insured by the NCUA. The credit union's mobile app received 4.7 out of 5 stars in the Apple Store and 4.5 out of 5 stars in the Google Play store. to 3:30 p.m., or on Saturdays from 8 a.m. Generally, customer service is available over the phone Monday through Friday from 7 a.m. It's part of the ATH, NYCE, CIRRUS, and COOP 24 Shared Networks, so members can access more than 30,000 free ATMs in the US, Puerto Rico, and the Caribbean. ![]() Puerto Rico Federal Credit Union is a Hispanic American-led financial institution with 4 branches in Puerto Rico (Caparra, Quebradillas, Manatee, and Aguadilla). If you can deposit at least $1,000, the certificates are a great option regardless of which term you choose. ![]() Puerto Rico Federal Credit Union pays solid interest rates on share certificates. Read Our Review A looong arrow, pointing right Interest compounded and deposited monthly.To maintain an active membership, you must deposit $5 every other week or during each payment period.Tiered interest rate: Earn 0.20% APY if you have an account balance between $5 and $2,999 Earn 0.25% APY if you have an account balance between $3,000 and $9,999 Earn 0.30% APY if you have an account balance between $10,000 and $49,999 Earn 0.35% APY if you have an account balance over $50,000.To become a member, you must meet one of the following qualifications: Work at one of 15 affiliated companies live, work, or go to school in San Juan, Puerto Rico be a member or employee of the Museo de Arte de Ponce de Puerto Rico or make a donation to the museum be the spouse of a member that passed away while he or she had an active savings account or loan be an immediate family member of a current member.Free ATMS through ATH, NYCE, CIRRUS, and COOP24 networks.4 branches in Puerto Rico (Caparra, Quebradillas, Manatee, and Aguadilla).Credit union that serves a Hispanic American community.While the rest of the financial services industry is swimming in controversy, Chivaho Federal Credit Union is truly a safe haven for your money. Download the full Share Insurance Brochure for complete details. The National Credit Union Share Insurance Fund (NCUSIF) insures member shares on deposit up to $250,000 and also insures retirement funds up to $250,000. Therefore making Chivaho a safeguard for your finances.Īdditionally, the funds on deposit at Chivaho FCU are insured by the full faith and credit of the federal government. As of December 31, 2023, Chivaho had a capital to asset ratio of 13.96%, which represents over two times the regulatory requirement. A credit union must have a capital-to asset ratio of at least 7% in order to be considered "well capitalized" by the regulator. Capital serves as a buffer against any losses and remains at a historically high level. As consumer confidence in the financial services industry begins to waver in light of recent bank failures, you can be certain that your deposits are secure with a longtime friend – Chivaho Federal Credit Union.Ĭhivaho is very well capitalized. Many members have questions about how safe are my deposits. Credit union members can rest assured that their deposits are protected. In the history of credit unions, not one penny of insured savings has ever been lost by a member of a federally-insured credit union. ![]()
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