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Banking Apps, Reviews

Mint App Review: Does Mint Fit All Your Budgeting App Needs?

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been previewed, commissioned or otherwise endorsed by any of our network partners.

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Reviewed By

Mint is a popular budgeting app that automatically syncs information to provide users with data on their personal finances. The app allows you to set personalized goals and budgets, and it monitors your transactions to provide insight into spending trends and patterns. You also receive alerts for when bills are due, a budget is exceeded or if there are suspicious purchases.

There are a few downsides to Mint, namely synchronization issues that can be a headache for users. Overall, Mint is a useful tool for budgeting and financial planning with a simple, intuitive platform. Read on for our full Mint app review.

What is Mint?

Mint is one of the best free, mobile applications for budgeting. The app is available on the Apple App Store and on Google Play. It aggregates personal finance information to provide users with a comprehensive view of their spending, budgets, balances and more.

Mint budgeting and personal finance

Tracking your expenses and budget can sometimes be difficult to manage, but Mint’s platform manages that information for you. Mint integrates with a wide variety of financial institutions: bank accounts, credit cards, investments and loans (including personal loans and student loans). By automatically compiling that data, Mint saves its users the time and hassle of manually tracking income and expenses — and the app provides useful analysis, as well.

Mint allows you to create custom budgets for different expense categories, helps track certain savings goals and offers helpful recommendations based on user behavior. You can set daily and monthly budgets, and Mint tells you whether you’re on track to meet or exceed those targets. Once you’ve used Mint for a while, the app presents your historical data and provides valuable context on the various trends related to your financial situation. Those insights can be customized as well, and Mint’s flexibility is one of its big advantages over similar apps.

Mint’s alerts are a helpful safeguard when it comes to budgeting and spending. You will receive a notification when bills are due, and Mint can help you schedule reminders for bill payments so you don’t fall behind. Mint can also alert you if there is suspicious activity on any of your accounts that are tracked by the app.

Mint credit score reporting

In addition to tracking your income, expenses and other financial activity, Mint monitors your credit score and provides alerts if there are any significant changes. If you verify your identity, you’ll get a free credit report to provide a more comprehensive view of your financial situation. Mint also provides some educational resources on how credit scores are calculated and how you can work to improve your credit score.

Mint financial products

As a free service, one of the ways Mint makes money is by promoting advertisements related to credit cards, personal loans, insurance, bank accounts and investment accounts. These advertisements aren’t the only way Mint makes money (they also sell anonymized data to third-party entities), but they are a prominent part of using the app. Mint’s partners cover a wide range of financial services, and its website features many of the deals that are offered on the app. Mint receives a referral fee from these third-party companies.

Mint’s strengths

Accessibility and ease of use

One of Mint’s biggest advantages is how compatible it is with most financial institutions — and how those integrations enable users to avoid tedious data entry for budgeting. It’s an app that’s easy to use and quite accessible for most users, once accounts have been linked with Mint. It also features a modern design and user-friendly functions.

Expense tracking and budgeting

By using Mint, you can customize your data in order to delve deeper into your habits and find which types of spending are causing you to exceed your monthly budget. Expenses can be sorted into multiple categories, and users can designate custom subcategories for certain types of spending, like food and utilities.

Mint also allows users to set and track specific goals related to spending and saving. Between its budgeting and goal-tracking capabilities, the app gives users useful benchmarks for improving your overall financial health.

Notifications for financial alerts

Mint sends users a variety of notifications, including whether you’ve exceeded a particular budget and when a bill is due, or there’s unusual spending or withdrawals on any of your accounts. The app also tracks whether an account balance drops below a certain threshold. It’s a useful safeguard for monitoring financial activity. Users can set up notifications and receive them via email or through the app.

Mint’s weaknesses

Synchronization problems

While it’s often convenient to have automatic data updates, there can sometimes be issues syncing with financial institutions. Mint tracks problems reported by users, like incorrect information or missing transactions. Mint has plenty of available integrations, but you may not be able to connect smaller financial institutions, like local credit unions.

Since the app doesn’t offer users the ability to manually input data or reconcile the information with bank statements, there’s no way to correct faulty integrations or to add data from lenders, credit unions or other entities that can’t connect with Mint. As a result, you may end up missing pieces of your bigger financial puzzle.

Poor investing features

For most users, Mint’s limited tools for investing aren’t a huge drawback, but if you want a more complex view of your finances and assets, you may prefer a platform that better accommodates investors. Mint does track basic metrics for investment performance and informs you of fees related to investment products, but competitors — like Personal Capital — offer more comprehensive information related to portfolio performance and potential investment strategies.

How does Mint work?

In order to create an account with Mint, you’ll need to set up an account with your email and a password. The next step — connecting your various financial accounts — might be time-consuming but will save you quite a bit of effort in the long run. You’ll need your account information, including usernames and passwords, in order to create those integrations.

After bank accounts, various types of loans, credit cards, mortgages and brokerage accounts have been added, you can create your budget and set specific categories for types of spending. After that, you’ll be able to set specific goals, such as paying off a mortgage or student loans, getting out of credit card debt or building up an emergency savings fund.

Mint is a free service that earns money by showing users ads from third-party companies, as well as selling anonymized data that it aggregates from users. There are no premium upgrades on the app: every feature is free for all users.

Who is Mint for?

Mint is a very popular app, and many types of people find it useful. Because of its simplicity, it may be a better option for people who are getting started with managing their finances, particularly young people. People who have more experience with personal finance or have more complex financial situations may prefer an app that has more robust tools for investing or financial planning.

Is Mint safe?

Mint has many of the same security features as banks. Its parent company is Intuit, which also owns services for tax preparation (TurboTax) and payroll processing (QuickBooks). There’s multifactor authentication and a four digit login code on the app itself, and if you ever lose your phone, you can delete your data remotely from the app. Mint sells consumer data as part of its business model, but the data is anonymized.

Alternatives to Mint

Features

Mint

Personal Capital

You Need a Budget (YNAB)

CostEntirely freeEntirely free$84 per year
BudgetingCustomizable budgetsLimited tools, lists expensesAllocates every dollar to a category
IntegrationsSynchronizes transactionsSynchronizes transactionsManual transaction syncing
Investment toolsMonitoring onlyInvestment managementNone
Reconcile transactionsNoNoYes
Free credit report monitoringYesNoNo

Mint vs. Personal Capital

Personal Capital is a free online service that offers a suite of tools related to personal finance: money management software, investment analysis and advanced savings strategies. Compared to Mint, Personal Capital is a more detailed and comprehensive tool, but it doesn’t have the type of budgeting flexibility and user friendliness that makes Mint such a popular choice for people who want to gain control of their personal finances.

If you’re an advanced investor, Personal Capital will better accommodate your specific circumstances; Mint is a better choice for people with more typical financial goals and budgeting needs.

Mint vs. YNAB

YNAB is a web-based platform that’s undergone substantial updates since its creation; it frames its service as an educational resource that provides rigorous instruction to help users better handle their financial obligations. Mint’s budget targets and customizability offer users many of the same capabilities, though there is more of an emphasis on historical data than future spending relative to YNAB.

The biggest difference between the platforms is the price: since Mint has robust budgeting tools and expense tracking, it’s a better option because it’s free. YNAB’s $84 annual cost works out to $7 per month.

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Reviews

Justice Federal Credit Union Reviews: Checking, Savings, CD, Money Market and IRA Accounts

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been previewed, commissioned or otherwise endorsed by any of our network partners.

Written By

Justice Federal Credit Union’s checking account options

Justice National Checking

Justice National Checking
APYMinimum Balance to Earn APY
0.05%
$2,500
  • Minimum opening deposit: $25
  • Monthly account maintenance fee: $8 if your balance falls below $2,500
  • ATM fee: $0.50 for all out-of-network ATM inquiries; $2 for all out-of-network ATM withdrawals. If you have $5,000-$9,999 in deposit accounts with Justice Federal Credit Union, you will get 3 free inquiries and 3 free withdrawals per month. If you have $10,000+ in deposit accounts with the credit union, you will get 8 free inquiries and 8 free withdrawals per month.
  • ATM fee refund: Up to $6 per month
  • Overdraft fee: $30

This account offers an extremely low APY and a high minimum balance requirement for a checking account. However, having this account does qualify you for a ten basis point increase on any certificates you may have with Justice Federal Credit Union. It also qualifies you for a twenty-five basis point decrease on Justice Federal Credit Union mortgages if you have direct deposit set up.

In addition, the purchases you make with your debit card will earn you Exceptional Rewards, which are redeemable for travel and name-brand merchandise.

How to get Justice Federal Credit Union’s Justice National Checking

While you can open this account by visiting a branch or over the phone, the quickest way for your application to be processed is online. Be prepared to provide identifying personal information on your application.

SEE DETAILS Secured

on Justice Federal Credit Union’s secure website

NCUA Insured

Beyond the Badge Checking

A low-yield checking account with extra rewards points for those ages 55 or older.
APYMinimum Balance to Earn APY
0.05%
$2,500
  • Minimum opening deposit: $25
  • Monthly account maintenance fee: $8 if your balance falls below $2,500
  • ATM fee: $0.50 for all out-of-network ATM inquiries; $2 for all out-of-network ATM withdrawals. If you have $5,000-$9,999 in deposit accounts with Justice Federal Credit Union, you will get 3 free inquiries and 3 free withdrawals per month. If you have $10,000+ in deposit accounts with the credit union, you will get 8 free inquiries and 8 free withdrawals per month.
  • ATM fee refund: All fees refunded to you at month’s end.
  • Overdraft fee: $30

Beyond the Badge Checking is very similar to Justice National Checking in terms of APY, maintenance fees and minimum deposits. It has the same perks in terms of mortgage and certificate interest rates — but it is different in a few key areas.

First, it is only available to those ages 55 and up. In addition, your ATM fees from outside ATM owners are refundable without a cap, unlike the $6 limit imposed on Justice National Checking accounts. Finally, you’ll not only be able to earn Exceptional Rewards, but you’ll get a kickstart by earning 5,000 points just for opening your Beyond the Badge Account.

How to get Justice Federal Credit Union’s Beyond the Badge Checking

You can open this account online, over the phone or in person. Be prepared with your personal identifying information.

SEE DETAILS Secured

on Justice Federal Credit Union’s secure website

NCUA Insured

Freedom Checking

No monthly maintenance fee — or dividends.
  • Minimum opening deposit: $25
  • Monthly account maintenance fee: None
  • ATM fee: $0.50 for all out-of-network ATM inquiries; $2 for all out-of-network ATM withdrawals. If you have $5,000-$9,999 in deposit accounts with Justice Federal Credit Union, you will get 3 free inquiries and 3 free withdrawals per month. If you have $10,000+ in deposit accounts with the credit union, you will get 8 free inquiries and 8 free withdrawals per month.
  • ATM fee refund: None
  • Overdraft fee: $30

While it is nice to have a checking account without a monthly maintenance fee, other financial institutions offer this same perk while actually paying dividends or interest. The difference is small when you compare it to the dividends offered on the last two checking accounts, but that loss is much larger when you consider other offers on the market. In addition, unlike Justice National and Beyond the Badge Checking, you will not be refunded any ATM fees for this account.

How to get Justice Federal Credit Union’s Freedom Checking

The quickest way to open this account is online. However, you can also open it over the phone or in person. Whichever path you choose, you will need to be prepared to provide personal identifying information.

Student Rewards Checking Account

Low-fee checking for college students.
  • Minimum opening deposit: $25
  • Monthly account maintenance fee: None
  • ATM fee: $0.50 for all out-of-network ATM inquiries; $2 for all out-of-network ATM withdrawals. If you have $5,000-$9,999 in deposit accounts with Justice Federal Credit Union, you will get 3 free inquiries and 3 free withdrawals per month. If you have $10,000+ in deposit accounts with the credit union, you will get 8 free inquiries and 8 free withdrawals per month.
  • ATM fee refund: None
  • Overdraft fee: You will be charged $30, though you will also receive a $25 credit; this makes the effective overdraft fee $5.

College students can open this checking account with no monthly maintenance fees. You won’t earn any dividends, but you will be able to rack up Exceptional Rewards, which you can redeem for a flight home or some branded merch.

How to get Justice Federal Credit Union’s Student Rewards Checking Account

To open this account, you will need to prepare your personal information to apply via phone or in person.

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How Justice Federal Credit Union’s checking accounts compare

Justice Federal Credit Union’s checking accounts don’t stack up against the best checking accounts found here. The dividends offered are simply too low — or nonexistent. If you’re considering taking out a mortgage with the credit union, it may be advantageous to open a Justice National or Beyond the Badge Checking account for the basis point reduction, but otherwise you’re better off shopping around.

Justice Federal Credit Union’s savings account options

Share Savings Account

This account is necessary to establish your credit union membership.
APYMinimum Balance to Earn APY
0.05%
$300
0.05%
$2,500
0.10%
$20,000
  • Minimum opening deposit: $5
  • Minimum balance to earn APY: Varies depending on desired APY
  • Monthly account maintenance fee: None
  • ATM fee: $0.50 for all out-of-network ATM inquiries; $2 for all out-of-network ATM withdrawals. If you have $5,000-$9,999 in deposit accounts with Justice Federal Credit Union, you will get 3 free inquiries and 3 free withdrawals per month. If you have $10,000+ in deposit accounts with the credit union, you will get 8 free inquiries and 8 free withdrawals per month.
  • ATM fee refund: None
  • Overdraft fee: $30

Share Savings does pay dividends, though they are nominal for what you’d expect out of a checking account. The real reason to open this account is because doing so is mandatory to establish your credit union membership.

Because savings accounts must conform to federal Regulation D, you are allowed to make up to six certain withdrawals per month. If you go over the mandated amount, you will be charged a $5 fee for your first offense by the credit union; if there are others, your account could get shut down.

How to get Justice National Credit Union’s Share Savings Account

You can open this account online, over the phone or in person. Be ready to provide personal identifying information.

SEE DETAILS Secured

on Justice Federal Credit Union’s secure website

NCUA Insured

Savers Club

Choose your own maturity date for this club account.
APYMinimum Balance to Earn APY
0.05%
$5
0.05%
$2,500
0.10%
$20,000
  • Minimum opening deposit: None
  • Minimum balance to earn APY: $5
  • Monthly account maintenance fee: None
  • ATM fee: $0.50 for all out-of-network ATM inquiries; $2 for all out-of-network ATM withdrawals. If you have $5,000-$9,999 in deposit accounts with Justice Federal Credit Union, you will get 3 free inquiries and 3 free withdrawals per month. If you have $10,000+ in deposit accounts with the credit union, you will get 8 free inquiries and 8 free withdrawals per month.
  • ATM fee refund: None
  • Overdraft fee: $30

You may have heard of club accounts in the context of “Holiday Club Accounts”, or “Vacation Club Accounts.” Justice Federal Credit Union’s Savers Club account is the same vein, except the Savers Club lets pick your own maturity date.

For example, maybe you’re saving for a big anniversary trip in March. You want a separate account so the travel money won’t get mixed up with your regular savings. You deposit a set amount into your Savers Club account, and set the maturity date for the end of February. When the maturity date comes, your money will be automatically transferred to whichever account you’d like.

There is incentive to keep your money in there. Aside from Regulation D, there is also a $10 early withdrawal fee should you take money out before the maturity date.

How to get Justice Federal Credit Union’s Savers Club Account

Open this account online, in person or over the phone by providing some of your personal identifying information.

SEE DETAILS Secured

on Justice Federal Credit Union’s secure website

NCUA Insured

Young Savers Account

A savings account for children under the age of 18 with lower minimum balance requirements.
APYMinimum Balance to Earn APY
0.15%
$5
0.15%
$2,500
0.20%
$20,000
  • Minimum opening deposit: $5
  • Minimum balance to earn APY: $5
  • Monthly account maintenance fee: None
  • ATM fee: $0.50 for all out-of-network ATM inquiries; $2 for all out-of-network ATM withdrawals. If you have $5,000-$9,999 in deposit accounts with Justice Federal Credit Union, you will get 3 free inquiries and 3 free withdrawals per month. If you have $10,000+ in deposit accounts with the credit union, you will get 8 free inquiries and 8 free withdrawals per month.
  • ATM fee refund: None
  • Overdraft fee: $30

This savings account is especially for children under 18. The interest rates offered are higher than that of any of Justice Federal Credit Union’s other savings accounts, but they’re still low compared to other financial institutions. A big positive of this account compared to others from this credit union is that the amount you need in order to earn interest at all is comparatively very low.

How to get Justice Federal Credit Union’s YouthSaver Account

You will need to open this account with personal identifying information over the phone or in person.

SEE DETAILS Secured

on Justice Federal Credit Union’s secure website

NCUA Insured

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How Justice Federal Credit Union’s savings accounts compare

Justice Federal Credit Union’s rates on savings accounts are extremely low — especially when you compare them to those offered by online-only banks. These online-only banks don’t have as many overhead costs because they don’t have to maintain physical branches. They then pass on that savings in the form of higher interest rates on deposit accounts — most notably savings accounts. Rates at these top online banks are as high as more than 12 times than those offered by Justice Federal Credit Union.

Justice Federal Credit Union’s CD rates

Share Certificates

This is where rates start getting competitive.
TermAPY
3 Months0.30%
6 Months0.45%
12 Months0.50%
18 Months0.55%
24 Months0.68%
36 Months0.78%
48 Months0.78%
60 Months0.92%
  • Minimum opening deposit: $500
  • Minimum balance amount to earn APY: $500
  • Early withdrawal penalty: Certificates with terms of up to twelve months will incur an early withdrawal penalty equal to 90 days’ worth of interest; certificates with terms of thirteen months or more will pay 180 days’ worth of interest.

While Justice Federal Credit Union’s Share Certificates don’t offer the highest rates on the market, these rates are far more competitive than those found in their savings and checking accounts. If there is any area where the credit union is focusing on rates, this is it.

Justice Federal Credit Union advertises the rates offered to Justice National and Beyond the Badge Checking accounts. That means if you don’t have one of those checking accounts, the rates you see above would actually be 10 basis points lower. For example, if the advertised rate were 2.50% and you don’t have one of the two checking accounts which offer the point bump, you’d be earning 2.40% APY instead.

How to get Justice Federal Credit Union’s Share Certificate

You can open your certificate online, over the phone or in by filling out an application, which will require some of your personal identifying information.

SEE DETAILS Secured

on Justice Federal Credit Union’s secure website

NCUA Insured

Jumbo Share Certificates

Higher rates for higher deposits.
TermAPY
3 Months0.40%
6 Months0.55%
12 Months0.60%
18 Months0.65%
24 Months0.78%
36 Months0.88%
48 Months0.88%
60 Months1.02%
  • Minimum opening deposit: $100,000
  • Minimum balance amount to earn APY: $100,000
  • Early withdrawal penalty: Certificates with terms of up to twelve months will incur an early withdrawal penalty equal to 90 days’ worth of interest; certificates with terms of thirteen months or more will pay 180 days’ worth of interest.

With the Jumbo Certificate, you’ll find rates that are highly competitive. The only potential speed bump is that you’ll have to have a large deposit in order to secure these rates.

Jumbo Certificates also qualify for the ten basis point increase, which means that the rates you see here will only apply if you have a Justice National or Beyond the Badge Checking account — otherwise, they’ll be 0.10% lower.

How to get Justice Federal Credit Union’s CDs

You can open this account online, in person or over the phone by providing personal identifying information on your application.

SEE DETAILS Secured

on Justice Federal Credit Union’s secure website

NCUA Insured

Grow With Me Account

A unique certificate product with great rates.
TermAPY
First 12 Months4.47%
Every Month after first 12 Months2.78%
  • Minimum opening deposit: $500
  • Minimum balance amount to earn APY: $500
  • Early withdrawal penalty: All dividends will be withheld.

The Grow With Me Account is a unique certificate product. You can open one for your child before they are 18, and your money will earn an extremely high interest rate for the first twelve months. After that, the rate will be lower, but still incredibly competitive.

The term of this certificate is until your child’s 18th birthday. If you make any withdrawals before that point, the entire account will be shut down. You can contribute $1,000 maximum to this account per year, and the maximum balance you can have at any given time is $10,000.

The Grow With Me Account does not qualify for the dividend boost that the Share and Jumbo Share certificates qualify for — that means the rates you see on the table are the rates you’ll get regardless of which checking account you do or don’t have.

How to get Justice Federal Credit Union’s CDs

To open this certificate, you will have to call or visit your local branch, providing personal identifying information as necessary.

SEE DETAILS Secured

on Justice Federal Credit Union’s secure website

NCUA Insured

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How Justice Federal Credit Union’s CD rates compare

Certificates are far and away Justice Federal Credit Union’s most competitive product. Share and Jumbo Share Certificates offer rates that should keep their competition on their toes, and the Grow With Me Account blows most other certificates out of the water.

That said, it’s a tight battle at the top. It’s always a good idea to shop around, especially on Share and Jumbo Share Certificates as the rates are competitive, but not the definitive best. Check out these top CD products to see what the competition is offering.

Justice Federal Credit Union’s money market account options

Money Market Account

Extremely low rates on what should be a high-yielding product.
APYMinimum Balance to Earn APY
0.15%
$2,500
0.15%
$10,000
0.20%
$25,000
0.25%
$50,000
0.35%
$100,000
  • Minimum opening deposit: $25
  • Minimum balance to earn APY: Varies depending on desired APY
  • Monthly account maintenance fee: None
  • ATM fee: $0.50 for all out-of-network ATM inquiries; $2 for all out-of-network ATM withdrawals. If you have $5,000-$9,999 in deposit accounts with Justice Federal Credit Union, you will get 3 free inquiries and 3 free withdrawals per month. If you have $10,000+ in deposit accounts with the credit union, you will get 8 free inquiries and 8 free withdrawals per month.
  • ATM fee refund: None

Justice Federal Credit Union’s dividend rates on money market accounts is extremely low. You can find far superior rates elsewhere on the market. If you’re going to stash away serious amounts of cash in this type of account, you’ll want to make sure it’s giving you the best return possible.

Money market accounts fall under the same federal regulations as savings accounts, which means you are allowed to make up to six certain withdrawals in any given statement cycle. If you make any more than that, you will be charged a $5 fee the first time. Each subsequent time you risk getting your account shut down.

How to get Justice Federal Credit Union’s Money Market Account

You can open this account online, in person or over the phone. If you do decide to open a Money Market Account with Justice Federal Credit Union, be prepared to provide personal identifying information as a part of the application process.

SEE DETAILS Secured

on Justice Federal Credit Union’s secure website

NCUA Insured

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How Justice Federal Credit Union’s money market accounts compare

If you want to open a money market account, you’ll likely be better off doing it somewhere else. The APY on Justice Federal Credit Union’s offering is miniscule, and there are plenty of other financial institutions out there offering fantastic rates.

Justice Federal Credit Union’s IRA account options

IRA Share Certificates

The same rates that you’ll find outside an IRA— which isn’t a positive thing.
TermAPY
3 Months0.30%
6 Months0.45%
12 Months0.50%
18 Months0.55%
24 Months0.68%
36 Months0.78%
48 Months0.78%
60 Months0.92%
  • Minimum opening deposit: $500
  • Minimum balance amount to earn APY: $500
  • Early withdrawal penalty: Certificates with terms of up to twelve months will incur an early withdrawal penalty equal to 90 days’ worth of interest; certificates with terms of thirteen months or more will pay 180 days’ worth of interest.

Some financial institutions offer higher APYs on certificates when they’re held with an IRA — Justice Federal Credit Union is not one of them. While these rates are fairly competitive outside of an IRA, within an IRA they start slipping. However, it depends on the term you’re considering. At time of writing, Justice Federal Credit Union does have the highest rate available on 60-month terms, but it’s tens of basis points off on 48- and 36-month terms.

Because a certificate is already a conservative investment within a retirement account, you may want to comparison shop to make sure you’re getting the best rate available.

How to get Justice Federal Credit Union’s IRA Share Certificates

To open any type of IRA account with Justice Federal Credit Union, you will need to apply in person or via mail. If you’d rather not go into a branch, you can call to request that the paperwork be sent to you.

SEE DETAILS Secured

on Justice Federal Credit Union’s secure website

NCUA Insured

Jumbo IRA Share Certificates

Competitive APY on five-year terms only.
TermAPY
3 Months0.40%
6 Months0.55%
12 Months0.60%
18 Months0.65%
24 Months0.78%
36 Months0.88%
48 Months0.88%
60 Months1.02%
  • Minimum opening deposit: $100,000
  • Minimum balance amount to earn APY: $100,000
  • Early withdrawal penalty: Certificates with terms of up to twelve months will incur an early withdrawal penalty equal to 90 days’ worth of interest; certificates with terms of thirteen months or more will pay 180 days’ worth of interest.

Jumbo IRA Share Certificates have pretty much the same problem as regular IRA Share Certificates. When they’re outside of an IRA, the rates are great, but within an IRA, the only term that bears a great APY compared to the competition is the 60-month term. All other terms fall short. On top of lower rates, other financial institutions also offer these IRA certificates with much lower minimum opening deposits.

How to get Justice Federal Credit Union’s Jumbo IRA Share Certificates

To open a Jumbo IRA Share Certificate, you will need to apply in person or call to request the proper paperwork by mail.

SEE DETAILS Secured

on Justice Federal Credit Union’s secure website

NCUA Insured

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How Justice Federal Credit Union’s IRA CD rates compare

For 60-month terms, Justice Federal Credit Union currently offers the best rates around. However, for all other terms, the offered APY falls short. Be sure to suss out your options by considering these competitors with high rate IRA CDs. The competition at this level is stiff.

IRA Share Account

Extremely low dividends on an already conservative investment.
APYMinimum Balance to Earn APY
0.20%
$5
  • Minimum opening deposit: None
  • Minimum balance to earn APY: $5
  • Monthly account maintenance fee: None

While it’s nice that this account has no set minimum opening deposit, no monthly maintenance fee and a low minimum required balance, it also pays out very little interest. A savings account within an IRA is just about the most conservative investment you could make. You don’t want to stunt the growth of your money by putting it in a savings account that earns next to nothing.

How to get Justice Federal Credit Union’s IRA Share Account

If you decide to open this account, you will need to request paperwork by mail or visit your local branch in person.

SEE DETAILS Secured

on Justice Federal Credit Union’s secure website

NCUA Insured

Overall review of Justice Federal Credit Union’s banking products

If you are going to bank with Justice Federal Credit Union, you’ll find certificates outside of an IRA to be the most competitive. When they’re within an IRA, the 60-month term will be one of the most competitive offers around, but the same is not true with shorter terms on certificates inside a retirement account. You may want to open a Justice National or Beyond the Badge Checking account to take advantage of the rate bump that comes along with them.

Beyond that, you’ll want to look elsewhere for your deposit account needs. With the exception of certificates, Justice Federal Credit Union’s rates are simply too low to be competitive.

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FSNB Review: Checking, Savings, CD and IRA Accounts

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been previewed, commissioned or otherwise endorsed by any of our network partners.

Written By

FSNB’s checking account options

Advanced Checking

This checking account comes with premium Online Banking features, but for a price.
APYMinimum Balance to Earn APY
0.05%
$500
  • Minimum opening deposit: $5. If you open an account by mail, you’ll instead need at least $200.
  • Monthly account maintenance fee: $10.95, and it can’t be waived
  • ATM fee: $1.50 for each out-of-network withdrawal, plus an ATM surcharge fee from the ATM’s owner.
  • ATM fee refund: None
  • Overdraft fee: $19.75 per item, on up to seven items per day ($138.25 maximum daily total).

This is FSNB’s highest-price checking account, and there is no way to get the monthly fee waived. You’ll simply have to be OK with paying $10.95 each month for your checking account.

In return for that pricey fee, you really only get three things. You’ll get access to the premium 5-Star Online Banking (this service normally costs $6/month and allows you to see check images and make unlimited payments through Bill Pay). If your account balance is $200 or more, you can also qualify for one free box of checks per quarter. You’ll also be able to receive direct deposit payments one day earlier.

If you’re worried about earning interest, don’t be. All of FSNB’s checking accounts offer interest. But since not all accounts come with a monthly fee as high as with this one, you’ll likely be better served by another, low or no-fee checking account unless the specific perks of this account really thrill you for some reason.

How to get FSNB’s Advanced Checking account

FSNB does not support online applications. Instead, your only options to get this account are to apply in person at a branch, or have an application mailed to you.

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Secure Rewards Checking

This account offers a random collection of perks that may be more trouble than they’re worth.
APYMinimum Balance to Earn APY
0.08%
$500
  • Minimum opening deposit: $7.50. If you open an account by mail, you’ll need at least $200.
  • Monthly account maintenance fee: $8.50, with no option to waive
  • ATM fee: $1.50 for each out-of-network withdrawal, plus an ATM surcharge fee from the ATM’s owner.
  • ATM fee refund: None
  • Overdraft fee: $19.75 per item, on up to seven items per day ($138.25 maximum total).

You know how credit cards often come with a random collection of perks that no one ever really uses, like price protection or insurance? Well, with this account, you can get all those useless perks and more for the high price of $8.50 per month. And no, you can’t get this fee waived either.

Here’s what you get with this account:

  • Unspecified cash back rewards (but only if you register and do your shopping through a specific online portal)
  • Extended warranty and price protection (but only if you complete copious amounts of paperwork)
  • Coupons for local businesses
  • Unspecified travel rewards
  • $5,000 worth of identity theft insurance

There are also a couple of other fees associated with this account. If you want paper statements, you’ll have to pay $1.50 per month extra. If you want check images with your statement, you’ll owe another $5 per month.

How to get FSNB’s Secure Rewards Checking account

If for whatever reason you decide you do want this account, you’ll need to visit a local branch to open it or submit an application by mail.

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Career Checking

Unless you’re age 50 or older, this is your only real chance at a truly free checking account at FSNB.
APYMinimum Balance to Earn APY
0.05%
$500
  • Minimum opening deposit: $5. If you open an account by mail, you’ll need at least $200.
  • Monthly account maintenance fee: None
  • ATM fee: $1.50 for each out-of-network withdrawal, plus an ATM surcharge fee from the ATM’s owner.
  • ATM fee refund: None
  • Overdraft fee: $19.75 per item, on up to seven items per day ($138.25 maximum total).

If you don’t care about any weird rewards schemes or offhand perks but do receive regular direct deposits, this might be the best account for you at FSNB. To qualify, you’ll need to receive at least one direct deposit per month of $300 or more.

Even though this account doesn’t come with any flashy perks, it does still come with the ability to earn interest on your account. As long as you have at least $500 in the account, you’ll earn interest on your entire balance.

The best part about this account is that there is no monthly fee — if you opt for electronic statements. If you want images of your checks with your statement, however, you’ll owe a $5 monthly fee, and if you want a paper statement instead, that’ll be an extra $3 per month.

How to get FSNB’s Career Checking account

If you live near a local branch, it might be best to head there to open this account. The only other alternative is to open an account by mail.

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50+ Checking

One of the advantages of being at least age 50 is that you can open a free (yet mediocre) account at this bank.
APYMinimum Balance to Earn APY
0.05%
$1,000
  • Minimum opening deposit: $5 if you open the account in person. $200 if you open the account by mail.
  • Monthly account maintenance fee: None
  • ATM fee: $1.50 for each out-of-network withdrawal, plus an ATM surcharge fee from the ATM’s owner.
  • ATM fee refund: None
  • Overdraft fee: $19.75 per item, on up to seven items per day ($138.25 maximum total).

Compared with FSNB’s other checking accounts, this one has some more definite pros. First, there is no monthly fee with this account. You’ll also get free cashier’s checks, money orders and even free regular checks, as long as you have at least $200 in the account. You can even earn interest on this free checking account.

Now, the cons: To earn interest, you’ll need to keep a larger-than-normal balance in your checking account. Most FSNB checking accounts require a minimum $500 balance before interest is paid out; but if you’re 50 or older, FSNB requires you to have a minimum $1,000 balance before you earn any interest. You’ll also pay a $1.00 monthly fee if you want paper statements with your account. You can also add the Secure Rewards benefit package to this account (honestly, they’re not that great) for a high $8.50 monthly fee.

How to get FSNB’s 50+ Checking account

If you don’t live near a branch, the only way to get this account is to mail in an application.

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Basic Checking

This is basically the same thing as the Career Checking account, except you’ll be charged if you don’t keep a certain balance in your account.
APYMinimum Balance to Earn APY
0.05%
$500
  • Minimum opening deposit: $5 if you open the account in person, $200 if you open the account by mail.
  • Monthly account maintenance fee: $5.50, unless your account balance is above $75.
  • ATM fee: $1.50 for each out-of-network withdrawal, plus an ATM surcharge fee from the ATM’s owner.
  • ATM fee refund: None
  • Overdraft fee: $19.75 per item, on up to seven items per day ($138.25 maximum total).

If all you want is a no-frills checking account at FSNB, you have few options. You can go for the Career Checking account because it has no monthly fees, but in order to qualify, you’ll need a monthly direct deposit of at least $300. But what if you can’t meet that requirement? The self-employed, for example, might still earn a decent income but it’s not direct-deposited by an employer.

In that case, this account is probably your best option. Unlike most of FSNB’s checking accounts, this one will waive the monthly fee, but only if you have at least $75 in the account. It’s a hassle, yes, but it is one way to get a “free” checking account, with strings attached.

There are a couple of other fees that might bump up the true monthly cost of this account, however. If you want paper statements, FSNB will charge you $3 per month. Check images with your statement will set you back a further at $5 per month.

How to get FSNB’s Basic Checking account

The easiest way to get this checking account is by visiting a local FSNB branch. However, if you can’t do that because you don’t live near one (and that’s most people, we’d bet), you can still open an account by mail.

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NOW Checking

This “variable-rate” account actually offers the same interest rate as all the other FSNB checking accounts.
APYMinimum Balance to Earn APY
0.08% Variable
$500
  • Minimum opening deposit: $5 if you open an account in person, $200 if you open an account by mail.
  • Monthly account maintenance fee: $7.50, but only if your balance falls below $400.
  • ATM fee: $1.50 for each out-of-network withdrawal, plus an ATM surcharge fee from the ATM’s owner.
  • ATM fee refund: None
  • Overdraft fee: $19.75 per item, on up to seven items per day ($138.25 maximum total).

FSNB’s NOW checking account is very similar to its other accounts. The only thing we can tell that’s different is that you get images of the checks you’ve written included with your statements. Many banks offer that for free, but FSNB normally charges you $5 per month for this perk with its other accounts.

This checking account also offers interest, and like its other accounts, you’ll need to keep at least $500 in the account during the cycle in order to earn it. If you don’t have at least $500 in the account, you won’t earn interest on anything.

How to get FSNB’s NOW Checking account

There are two ways to open an account at FSNB: in person at a branch or by mail.

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How FSNB’s checking accounts compare

We have three quick descriptions to sum up all of FSNB’s checking accounts: redundant, high fees and low interest rates.

Each checking account is much the same as the next, with the exception of accounts like the Secure Rewards Checking, which offers a lot of (mostly unhelpful) rewards. Most of the accounts also come with high fees. Typically, even the consumer-unfriendly megabanks will offer ways to skirt some of these fees. But with FSNB’s Advanced Checking and Secure Checking accounts, these monthly fees are unavoidable.

The bank also charges you for different online banking features which mostly come free with other banks. Viewing transactions and transferring money is free, but if you want to see check images, you’ll need to pay $6/month for the Extended Basic Online Banking package. If you’re going to pay that much, you might as well sign up for the 5-Star Online Banking package because it also costs $6/month but you’ll also get to see check images and make payments with online Bill Pay.

Still, there are some things to like about these checking accounts. Each account offers an optional Savings Round Up program, which rounds up your debit card purchases to the nearest dollar and deposits the difference into your savings account. Each account also offers interest, which is unusual for banks. Unfortunately, that interest rate isn’t really all that great, especially compared with its competitors’ checking accounts.

FSNB’s savings account option

Savings Account

This account comes with a lot of fees, but offers little in the way of good interest rates.
APYMinimum Balance to Earn APY
0.10%
$25-$4,999.99
0.25%
Over $5,000
  • Minimum opening deposit: $5, or $200 if opening the account by mail
  • Minimum balance to earn APY: $25
  • Monthly account maintenance fee: $5.50 per quarter, but only if your balance falls below $75
  • ATM fee: $1.50 for each out-of-network withdrawal, plus an ATM surcharge fee from the ATM’s owner.
  • ATM fee refund: None
  • Overdraft fee: $19.75 per item, on up to seven items per day ($138.25 maximum total).

FSNB only offers one savings account, the aptly-titled “Savings Account.” It has two tier levels. Although you only need $5 to open the account if you open it at a branch, you’ll need to have at least $25 in there to earn any interest.

This account has unusual rules for how many withdrawals you’re allowed to make. If you have more than $500 in the account, you can make as many withdrawals as you want, as long as you stay under the six-debit monthly limit imposed by federal Regulation D. If you have less than $500 in the account, you can only make a scant three withdrawals per quarter. If you go over your allotted number of withdrawals, each extra withdrawal will cost you $1.50.

Finally, this isn’t an account that you can open and then forget about. You’ll need to make at least one transaction every three months, otherwise the bank will charge you a hefty $15 “inactivity fee” every quarter. That’s up to $60 per year that you could be bleeding money if you aren’t on top of this account. The bank will also charge you a $1 fee for each paper statement, if you’d rather receive your statements this way.

How to get FSNB’s Savings Account

FSNB does not support online account applications. If you don’t live near a branch, you’ll have to contact the bank instead and request an application be sent to you by mail.

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on FSNB’s secure website

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How FSNB’s savings account compares

Many banks are currently boosting their interest rates due to federal changes. That’s great news for you, unless you have a savings account at FSNB. In that case, you’ll be stuck with subpar interest rates. If you’d rather take advantage of the great interest rates being offered at other banks, these are our top savings account recommendations.

This bank account also comes with more red tape than a classified government document. Not only does it make this account confusing to keep up with, but it’s also likely that you’ll end up shelling out more money in fees than what you actually earn in interest payments. That’s why we recommend choosing another bank for your savings.

FSNB’s CD rates

CDs

Don’t waste your time. These rates are too low.
TermAPY
30 day0.15%
91 day0.15%
182 day0.20%
12 months0.30%
18 months0.35%
30 months0.35%
60 months0.50%
  • Minimum opening deposit: $500
  • Minimum balance amount to earn APY: $500
  • Early withdrawal penalty: 91 days’ worth of interest for CDs 12 months or less; 182 days’ worth of interest for CDs longer than 12 months.

FSNB offers an unusual schedule of CD term lengths. Most banks offer CDs in 12 month increments, however FSNB doesn’t offer 24, 36 or 48 month CDs. This means that it may be more difficult than normal to set up a CD ladder, for example, since one of the standard CD ladder setups relies on opening a series of CDs set to mature once every 12 months.

The APY quoted above assumes that you’ll keep your interest earnings in the CD while you earn it so that it compounds. If you don’t mind earning a slightly lower rate, you do have the option of withdrawing your interest earnings on a monthly, quarterly, semi-annual or annual basis. You can opt to have the interest payments automatically deposited into an FSNB checking or savings account, mailed out to you or held separately for you to pick up from a branch.

Once your CD matures, FSNB will automatically renew it. You will get a 10-day grace period after this happens when you can withdraw the money penalty-free, if you wish.

How to get FSNB’s CDs

You can open these accounts by mail or through a local branch. FSNB does not support online applications, unfortunately, which we confirmed with a customer service representative.

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How FSNB’s CD rates compare

Frankly, these rates are pretty terrible. They’re much lower than even the national averages tracked by DepositAccounts.com, another LendingTree-owned site. Generally, when you’re talking about locking away your money for a long period of time, it’s best to get your best interest rate possible. If that’s a bigger priority for you than staying loyal to FSNB, then we’d recommend these top-yielding CDs instead.

FSNB does offer a low early withdrawal penalty, however. Many banks charge 365 days’ worth of interest or more for withdrawing money from a 5 year CD early. That’s twice as much as FSNB charges. Still, it’s probably better to chase the highest interest rate possible than the lowest early withdrawal fee. If you think there’s a good likelihood that you’ll need to withdraw money early, a more liquid account like a savings or money market account may be better for you.

FSNB’s money market account option

Money Market Account

This account doesn’t offer any advantages over the Savings Account besides the ability to write checks.
APYMinimum Balance to Earn APY
0.15%
$25
  • Minimum opening deposit: $2,500
  • Minimum balance to earn APY: $25
  • Monthly account maintenance fee: $5, unless you keep at least $2,500 in the account.
  • ATM fee: $1.50 for each out-of-network withdrawal, plus an ATM surcharge fee from the ATM’s owner.
  • ATM fee refund: None
  • Overdraft fee: $19.75 per item, on up to seven items per day ($138.25 maximum total).

As of early November 2018, this account is listed on the bank’s rates page, but there is no other information at all about this account on the remainder of the website. We contacted the bank directly to find out what’s going on with this account — and yes, you can still open one, a customer representative told us.

It’s a good idea to wait to open this account until you can commit to keeping at least $2,500 in it however. You’ll need at least that much to open the account anyway, but once open, you’ll be charged a $5 monthly fee if your balance drops below that level for a given month.

You can write checks from this account, but you can only make a certain number of withdrawals. You’ll also be limited up to six certain debits per month due to the rules established by federal Regulation D. If you need to make more withdrawals than that in a given month, FSNB will charge you a $1.50 per-withdrawal fee.

How to get FSNB’s Money Market Account

You can open this account in person at a local branch or by requesting an application kit.

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How FSNB’s money market account compares

Generally money market accounts offer higher interest rates than on savings accounts, but that’s not the case here. Just like all of its other accounts, FSNB’s money market account offers very poor rates. In fact, FSNB’s savings account offers an even higher rate on balances over $5,000. Still, it’s not really worth making that much hullabaloo over since both of these accounts offer very small rates.

Instead, if you’d still like to be able to write checks from your savings-type account but prefer to earn much higher interest rates, we’d recommend one of these top online money market accounts instead.

FSNB’s IRA account options

IRA CD rates

FSNB only offers two IRA CD term lengths for you to choose from.
TermAPY
18 months0.35%
30 months0.50%
  • Minimum opening deposit: $500
  • Minimum balance amount to earn APY: $500
  • Early withdrawal penalty: 182 days’ worth of interest.

IRA CDs can be a great way to save for retirement. FSNB offers IRA CDs that you can open either inside of a traditional or Roth IRA. But as always, there are some catches.

The first catch is that you can only choose from two term lengths of FSNB’s regular CDs: 18 months or 30 months. That means it’ll be difficult to get an IRA CD ladder started unless you manually open a new one every 18 or 30 months to keep the chain going.

The second catch is that these IRA CDs will automatically renew when they mature. You can still access your money during a short 10-day grace period window after each maturity date, if you wish. That’s an excellent time to roll over these IRA CDs into a higher-yielding investment outside of FSNB.

How to get FSNB’s IRA CDs

You’ll need a valid ID to apply for an account, which you can do either at a local branch or by mail. FSNB does not support online applications, unfortunately.

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How FSNB’s IRA CD rates compare

You can easily find higher-yielding IRA CDs than FSNB’s options. Here are the best IRA CD rates that we’ve recently found.

FSNB also only offers a mere two term lengths: 18 and 30 months. Most people opening IRA CDs are investing for the long haul, and so 5 year IRA CDs would be more appropriate. Still, it doesn’t really matter much since FSNB’s regular 5 year CDs don’t earn much either.

Overall review of FSNB’s banking products

FSNB originally started with a mission to help military families reach further toward their financial goals. If that’s the case, we think it’s a shame that this bank offers such poor interest rates and policies. Most of the rules surrounding each account seem designed to ensure that the bank collects more money from you, rather than the other way around.

Case in point: FSNB only lets you access your money for free from ATMs owned directly by FSNB itself, or its sister bank, City National Bank (CNB). Most of these ATMs are located at the branches themselves, but since FSNB itself operates less than 100 branches nationwide, that means there’s a good chance you’ll find yourself far from an in-network ATM when you need it. There is also no ATM locator option on the website, so you’ll just need to figure out which bank branch is closest to you. This boosts the likelihood that you’ll have to use out-of-network ATMs frequently, which means more ATM fees coming out of your wallet.

Instead, we recommend looking for local banks or banks with branches in your area if you’d still prefer to do your banking in person. If you don’t mind heading online for your banking needs, a whole new world of better, higher-yielding accounts awaits you.