Effective as of December 17, 2009
Rates are Subject to change without notice
Dividends are calculated on the daily balance, paid and compounded monthly.
| Account Type | Rate | APY* |
| Share (Savings) Account | 0.15% | 0.15% |
| Money Market Shares | ||
| Daily Balance of $1,000.00 to $9,999.99 | 0.25% | 0.25% |
| Daily Balance of $10,000 to $24,999.99 | 0.40% | 0.40% |
| Daily Balance of $25,000 to $49,999.99 | 0.60% | 0.60% |
| Daily Balance of $50,000 and up | 0.70% | 0.70% |
| Share Draft (Checking) Account | 0.00% | 0.00% |
| Holiday Club Account (12 Month Term)** | 0.85% | 0.85% |
| Wealth Builder Club (6 Month Term)** | 0.75% | 0.75% |
| No Term IRAs > $1,000.00 | 0.80% | 0.80% |
| No Term IRAs < $1,000.00 | 0.30% | 0.30% |
| Term Certificates & IRAs ($1,000 minimum balance required) | ||
| 6 Months** | 0.75% | 0.75% |
| 12 Months** | 0.85% | 0.85% |
| 24 Months** | 1.10% | 1.11% |
| 48 Months** | 2.30% | 2.32% |
| 60 Months** | 2.50% | 2.53% |
| Youth Certificates | 0.90% | 0.90% |
| Bump-Up Certificates & IRAs ($5,000 minimum)*** | ||
| 12 Month Bump-Up | 0.85% | 0.85% |
| 24 Month Bump-Up | 1.10% | 1.11% |
| 48 Month Bump-Up | 2.30% | 2.32% |
| 60 Month Bump-Up | 2.50% | 2.53% |
| *APY stated as Annual Percentage Yield **Early withdrawal penalty may apply ***Option of increasing the rate one time during the term of the CD if the interest rates rise, with no term extension of fee. |
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Loan Rates
Effective as of June 1, 2009
Rates are subject to change without notice
Loans with terms in excess of 84 months have a 5 year call.
This allows the credit union to call the loan due after 5 years at our option.
| Loan Type | Rate (as low as) | Term (up to) |
| Secured Loans (Autos, Boats, RVs, Equipment, etc.) | 4.40% | 84 Months |
| Signature Vacation Loan | 6.90% | 12 Months |
| Signature Loans & Lines of Credit | 8.90% | 60 Months |
| (with home equity as collateral) | 7.90% | 60 Months |
| Classic VISA Credit Card ($300 - $10,000) | 13.90% | -- |
| Platinum VISA Credit Card ($5,000 - $15,000) | 8.90% | -- |
| Signature Home Equity Loan | 7.90% | 60 Months |
| Variable Rate Home Equity Line of Credit | 4.50% | 180 Months |
| Unimproved / Undeveloped Land | 4.50% | 180 Months |
| Manufactured / Mobile Homes | 8.25% | 60 Months |
| (terms and conditions vary on new or used) | ||
| Fixed Rate First Mortgages (80% LTV) |
4.50% | 360 Months |
| with max 12 yr balloon | ||
| Fixed Rate Second Mortgages (80% LTV) | 6.45% | 60 Months |
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With our new Merit Based Lending program we have combined all our “secured” interest rates. This means that your interest rate (within the same term) depends on your credit score and is the same regardless of whether you are getting a loan for a new or used car, a motorcycle, a boat, or RV. Some restrictions apply to all loans listed above, and all rates are subject to credit approval. This is not a guaranteed representation of loan products offered. Speak to a loan officer to confirm the information presented above and your eligibility. Not all borrowers will be approved for the loans listed above. Rates may change at any time without notice. The index for the Variable Rate Home Equity Loans is the Wall Street Journal Prime Rate plus a margin. Your margin is based on your creditworthiness. There is no periodic cap so there is no limit the rates can change at the time of a rate adjustment. Interest rates are adjusted quarterly, rate floor of 4.5% APR, not to exceed 18% APR. The most recent Index figure available on the 1st of the month prior to the change date is called the current “Index.” |
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Minimum Payment Schedule for Line of Credit Accounts
For line of credit accounts, minimum monthly payments are based on the
outstanding balance after the most recent advance, as follows:
| Balance After Advance | Minimum Monthly Payment |
| $0.01 - $500.00 | $30.00 |
| $500.01 - $1,000.00 | $48.50 |
| $1,000.01 - $2,000.00 | $97.00 |
| $2,000.01 - $3,000.00 | $105.00 |
| $3,000.01 - $5,000.00 | $120.00 |
| $5,000.01 - $7,500.00 | $180.00 |
| $7,500.01 - $10,000.00 | $240.00 |
| Late Charge: If any payment is more than 15 days past due, the Credit Union may charge a late fee equal to 20% of the accumulated interest due. If you are applying for a Home Equity Line of Credit please read or print
the brochure at this link:
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