| |
Loan
Rates
For loans which are approved, the rate offered is
determined by the borrower's credit rating and may be as low as
the rates below. We reserve the right to match any competitor's
rates.
|
Home
Equity Loans
Without Share Draft and Direct Deposit, add .50% to these
rates.
|
|
Maximum
Amount
|
Maximum
Term
|
A.P.R.**
|
|
80% LTV
|
5 years
|
6.50%
|
|
80% LTV
|
10 years
|
6.75%
|
|
80% LTV
|
15 years
|
7.00%
|
|
90% LTV
|
5 years
|
7.50%
|
|
90% LTV
|
10 years
|
7.75%
|
|
90% LTV
|
15 years
|
8.00%
|
|
Contact
the credit union for rates on the Home Equity Line of Credit.
|
|
New
Automobile Loans (New and 2007 Used)
Without Share Draft and Direct Deposit, add
.50% to these rates.
|
|
Maximum
Amount
|
Maximum
Term
|
A.P.R.**
|
|
100%
of purchase price
|
66
months
|
5.50%
|
|
100%
of purchase price
|
72
months
|
5.75%
|
|
Used
Automobile Loans
Without Share Draft and Direct Deposit, add
.50% to these rates.
|
| . |
Maximum
Amount
|
Maximum
Term
|
A.P.R.**
|
2006
Used Cars
(2007's AS NEW) |
NADA
Loan Value
|
66
months
|
5.75%
|
| 3 or 4 Model
Years Old (2004 -2005) |
NADA
Loan Value
|
60
months
|
6.00%
|
| 5 or 6 Model
Years Old (2002 -2003) |
NADA
Loan Value
|
54
months
|
6.25%
|
| Seven
or More Model Years Old |
NADA
Loan Value
|
48
months
|
7.25%
|
|
Used
Automobile loans granted in excess of the NADA Loan Value,
will have an APR higher than stated above.
|
|
Personal
Loans
|
| . |
Maximum
Amount
|
Maximum
Term
|
A.P.R.**
|
| Personal,
Unsecured Term Loans |
$10,000
|
36
months
|
13.00%
|
| Overdraft
Line of Credit |
$10,000
|
24
months
|
10.00%
|
|
VISA
Classic Card
|
|
Maximum
Term
|
A.P.R.**
|
|
24
months
|
9.90%
|
** A.P.R. stands for
Annual Percentage Rate
Share
Account Rates
Share
Draft Account
($500 minimum balance to earn dividend) |
0.25%
|
| Account
Type |
A.P.Y.*
|
|
This
is a variable rate account. Rates may change at any time.
|
Regular
Share Account
($50 minimum balance) |
0.75%
|
Christmas
Club Account
Balance paid out first week in November. |
1.50%
|
Vacation
Club Account
Balance paid out first week in April. |
0.75%
|
|
Money
Market Account
This
is a variable rate account. Rates may change at any time.
Dividends are paid monthly on the average daily balance for
the month.
$2,500 minimum opening deposit.
|
|
Balance
Needed to Earn A.P.Y
|
A.P.Y.**
|
|
$0.00
to $2,500.00
|
0.50%
|
|
$2,500.01
to $5,000.00
|
0.75%
|
|
$5,000.01
to $10,000.00
|
1.25%
|
|
$10,000.01
to $25,000.00
|
1.75%
|
|
$25,000.01
or more
|
2.25%
|
|
Share
Certificates
A ninety (90) day interest penalty will be imposed for
withdrawal of funds before maturity. |
|
Minimum
Amount |
Term |
A.P.Y.** |
|
$500 |
3 months
|
2.00% |
|
$1,000 |
3
months |
2.25% |
|
$5,000 |
3 months
|
2.50% |
|
$500 |
6
months |
2.25% |
|
$1,000 |
6
months |
2.50% |
|
$5,000 |
6 months
|
2.75% |
$1,000 |
9
months |
3.00% |
|
$500 |
12 months |
2.60% |
|
$10,000 |
12 months |
2.85% |
|
$500 |
18 months |
2.70% |
|
$500 |
24 months |
2.85% |
|
$500 |
30 months |
2.90% |
|
$500 |
36 months |
3.10% |
|
$500 |
48 months |
3.50% |
|
$500 |
60
months |
4.00% |
|
Certificate
"specials" are sometimes available. Please contact the credit
union for details. |
|
Individual
Retirement Account
|
|
Minimum
Amount
|
Term
|
A.P.Y.**
|
|
$500
|
12
months
|
2.60%
|
|
$500
|
18
months
|
2.70%
|
|
$500
|
24
months
|
2.85%
|
|
$500
|
30
months
|
2.90%
|
|
$500
|
36
months
|
3.10%
|
|
$500
|
48
months
|
3.50%
|
|
$500
|
60
months
|
4.00%
|
Fees or other conditions
may reduce the earnings on these accounts.
** A.P.Y. stands for
Annual Percentage Yield
|
