Jordan Credit Union Overview

Jordan Credit Union was established in 1950, starting with just 17 members and no assets. Originally founded to serve the financial needs of Jordan School District employees and their families, the credit union was legally chartered in January 1951, officially becoming a financial institution. Over the years, Jordan Credit Union has maintained a strong connection to its roots, focusing on personalized service and community involvement. Despite its growth, the credit union continues its mission of building lasting financial relationships with its members.

Compare ownership structures in our guide to banks vs. credit unions in Utah.

Expansion

Jordan Credit Union began in December 1950 with the goal of serving employees of the Jordan School District and their families. In January 1951, it received its federal charter and officially began helping local educators save and borrow. As membership grew, the credit union opened its own branch in Sandy in 1968.

A major expansion came in 2000, when Jordan Credit Union broadened membership eligibility to people who lived, worked, attended school, volunteered, or worshipped in Salt Lake County. Its field of membership later expanded beyond Salt Lake County and now includes Davis, Morgan, Salt Lake, Tooele, Utah, and Weber counties.

Jordan Credit Union’s physical footprint remains concentrated in Salt Lake County, with traditional branches in Draper, Riverton, Sandy, and West Jordan, along with Virtual Teller and ATM locations in Herriman and Midvale. The credit union also maintains a corporate office in South Jordan. Alongside its branch network, Jordan Credit Union has continued expanding its online and mobile banking services.

Community involvement remains part of the credit union’s identity. Jordan Credit Union supports local schools, scholarships, community events, and organizations such as Primary Children’s Hospital while continuing its original focus on personalized service and long-term member relationships.

Jordan Credit Union Products and Services

jordan-cu.org | Products and services

Jordan Credit Union offers personal and business financial products for eligible members in Utah. Its deposit accounts include checking accounts, savings accounts, money market accounts, youth accounts, and savings certificates. Traditional and Roth IRA options are also available for retirement savings.

Its lending products include auto loans, personal loans, recreational vehicle financing, credit cards, mortgages, home equity loans, and home equity lines of credit. Jordan Credit Union also offers construction and lot loans, student loans, and ITIN mortgage options.

Business services include business checking and savings accounts, business credit cards, commercial loans, and lines of credit. Members can manage eligible accounts through online and mobile banking, with tools for transfers, bill payments, mobile check deposits, account alerts, and card controls.

Jordan Credit Union Checking Accounts

jordan-cu.org | Checking Accounts

Jordan Credit Union offers two primary personal checking accounts: Cash Back Checking and Elite Checking. Both accounts have no monthly fee and include online and mobile banking. Members who meet the monthly qualification requirements may also receive up to $20 in ATM fee reimbursements per cycle and a 0.25% rate discount on eligible auto and recreational vehicle loans.

To qualify for account rewards, members must receive electronic statements, complete at least 10 qualifying debit card purchases, and have at least one automatic deposit or ACH payment post during the qualification cycle. ATM transactions do not count toward the debit card purchase requirement.

Cash Back Checking

Cash Back Checking is designed for members who prefer earning rewards based on debit card spending.

• Cash back: 2.5% on up to $300 in qualifying debit card purchases per cycle
• Maximum reward: $7.50 per cycle, or up to $90 per year
• Best for: Members who regularly use a debit card for everyday purchases

Elite Checking

Savings Accounts at Jordan Credit Union

Jordan Credit Union offers several savings options, including a required Share Savings Account, a prize-linked savings account, and two money market accounts. Rates are not included here because dividend rates can change.

Share Savings

The Share Savings Account establishes membership in Jordan Credit Union and provides access to its other accounts and services.

• Purpose: Required membership savings account
• Access: Online and mobile banking
• Best for: Establishing membership and maintaining general savings

Ticket to Win Savings™

Ticket to Win Savings is a prize-linked account that gives members entries into cash drawings based on their average monthly balance.

• Monthly fee: $0
• Drawing entries: One entry for every $25 in average monthly balance
• Maximum eligible balance: Entries are calculated on balances up to $10,000
• Prizes: Monthly and annual cash drawings
• Best for: Members who want an added incentive to save regularly

Money Market Deposit Account

The Money Market Deposit Account is designed for members who want to earn tiered dividends while retaining access to their savings.

• Minimum opening deposit: $2,500
• Dividends: Tiered based on the account balance
• Access: Withdrawals and transfers are available
• Best for: Members maintaining larger savings balances who still want access to their funds

Elite Money Market Deposit Account

The Elite Money Market Deposit Account is intended for higher balances and offers a separate tiered dividend structure.

• Dividends: Tiered based on the account balance
• Access: More flexible than a savings certificate
• Best for: Members with higher savings balances who do not need immediate access to all of their funds

Jordan Credit Union also offers separate youth savings accounts, certificates, and IRA products.

Jordan Credit Union Savings Certificates

Jordan Credit Union offers standard Certificate Accounts and Growth Certificate Accounts for members who want to earn fixed dividends over a set term. Certificate funds are less accessible than regular savings, and early withdrawals may result in penalties that reduce earnings or principal.

Certificate Account

The standard Certificate Account is intended for members who can deposit a lump sum and leave it in the account for a selected term.

• Available terms: 6, 12, 18, 24, 36, 48, and 60 months
• Minimum deposit: $500
• Additional deposits: Not available after opening
• Dividend payments: Paid monthly
• Best for: Members saving a fixed amount for a defined period

Growth Certificate Account

The Growth Certificate Account allows members to continue adding money after the certificate is opened, making it more flexible for gradual savings.

• Available terms: 12 and 24 months
• Minimum opening deposit: $100
• Additional deposits: Allowed throughout the term
• Maximum cumulative deposits: $100,000 per primary account holder
• Dividend payments: Paid monthly
• Best for: Members who want to build certificate savings over time rather than deposit the full amount upfront

Jordan Credit Union’s certificate rates may change, so members should verify current APYs and early-withdrawal penalties before opening an account.

Credit Cards at Jordan Credit Union

jordan-cu.org | Credit Cards

Jordan Credit Union offers two personal Visa credit cards: the Platinum Visa and the Platinum+ Rewards Visa. Both cards have no annual fee, a 28-day grace period, no balance transfer fee, and access to cash advances. Interest rates vary based on creditworthiness and market conditions.

Platinum Visa

The Platinum Visa is designed for members who prioritize a lower interest rate over rewards.

• Annual fee: None
• Rewards: Not offered
• Intro offer: None
• Best for: Members who may carry a balance and prefer a lower-rate card
• Other perks: 28-day grace period and cash advance access

Platinum+ Rewards Visa

The Platinum+ Rewards Visa is designed for members who want to earn points on eligible purchases.

• Annual fee: None
• Rewards: 1 point for every $1 spent on qualifying purchases
• Intro offer: 10,000 points after the first qualifying purchase
• Best for: Members who regularly use a credit card and want flexible rewards
• Other perks: Points can be redeemed for cash back, gift cards, merchandise, activities, event tickets, and travel; 28-day grace period; no balance transfer fee; cash advance access

Jordan Credit Union states that rewards points expire 48 months after they are earned. Card rates, introductory offers, and rewards terms may change.

Loans

Jordan Credit Union offers financing for vehicles, personal expenses, recreational equipment, and education.

Auto Loans

• New and used vehicle financing
• Refinancing available
• No prepayment penalty
• Rate discount may be available with qualifying checking activity

Personal Loans

• Unsecured personal loans
• Share-secured loans
• Debt consolidation financing
• Payday Alternative Loan for qualifying members

Recreational Vehicle Loans

Financing is available for RVs, campers, boats, trailers, motorcycles, ATVs, UTVs, and other powersport vehicles. New, used, and refinancing options may be available.

Student Loans

Jordan Credit Union offers private student loans and student loan refinancing through LendKey. Eligibility and terms are determined through the lending partner.

Mortgages and Home Loans

Jordan Credit Union offers financing for home purchases, refinancing, home equity, construction, and land purchases.

Mortgages

• Conventional fixed-rate mortgages
• Adjustable-rate mortgages
• First-time homebuyer options
• Mortgage refinancing
• ITIN mortgage options

Home Equity Loans

Jordan Credit Union offers fixed-rate home equity loans for expenses such as renovations, debt consolidation, or major purchases.

Home Equity Line of Credit

A HELOC provides revolving access to available home equity, allowing members to borrow as needed during the account’s draw period.

Construction and Lot Loans

Financing is also available for building a home, expanding an existing property, or purchasing land for future construction. Construction loans may transition into permanent mortgage financing after the project is completed.

Business Services

Jordan Credit Union offers deposit, payment, and lending services for eligible Utah businesses.

Business Accounts

• Business Checking: No monthly service fee, minimum balance requirement, or deposit fee
• Business Savings: Share Savings account for business reserves and other savings needs
• Digital banking: Online and mobile banking, bill pay, transfers, and account history
• Merchant services: Clover payment processing and point-of-sale solutions

Business Lending

Business financing options include:

• Equipment loans
• Commercial real estate loans
• Investment property loans
• SBA loans
• Secured and unsecured lines of credit
• Business credit cards

Business credit cards may include rewards, multiple employee cards, and credit limits based on approval. Business accounts are opened through a Jordan Credit Union branch.

Who Can Join Jordan Credit Union?

jordan-cu.org | Membership page

Jordan Credit Union membership is available to individuals who live, work, attend school, worship, volunteer, or regularly conduct business in any of the following Utah counties:

• Davis
• Morgan
• Salt Lake
• Tooele
• Utah
• Weber

Membership is also available through an immediate family member who qualifies in one of these counties. Immediate family includes spouses, parents, children, siblings, grandparents, and grandchildren, including step and adoptive relationships.

Eligible businesses, organizations, and other legal entities located in the six-county service area may also join. Jordan Credit Union employees and surviving spouses of eligible members may qualify as well.

Once membership is established, members can generally remain with Jordan Credit Union even if they later move or no longer meet the original eligibility requirement.

Eligible deposits at federally insured credit unions are protected under applicable limits, as explained in our guide to NCUA insurance for Utah credit union members.

Conclusion

Jordan Credit Union began in 1950 to serve employees of the Jordan School District and their families. It received its federal charter in 1951 and later expanded from an education-based credit union into a community institution serving eligible members across Davis, Morgan, Salt Lake, Tooele, Utah, and Weber counties. Its branch network remains concentrated in Salt Lake County, supported by Virtual Teller locations and digital banking services.

Jordan Credit Union offers checking and savings accounts, certificates, credit cards, auto and personal loans, recreational vehicle financing, student loans, mortgages, home equity products, and business services. Its product lineup includes rewards checking, money market accounts, growth certificates, ITIN mortgage options, and lending for both consumers and businesses. Jordan Credit Union may be a practical option for eligible Utah residents who prefer a smaller credit union with local branches, broad membership eligibility, and access to a full range of everyday financial products.

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Disclaimer:
This page is not affiliated with, maintained by, or sponsored by Jordan Credit Union. The information provided in this overview may be outdated or inaccurate after the publication date. UtahFi does not assume responsibility for the accuracy of the content. The logo is a registered trademark of Jordan Credit Union.