Rates Effective April 1, 2013

 

 LOAN RATES

 

All Rates Subject to Change
Members who participate in automatic payment plans are eligible for a 0.50% discount on personal and auto loans!

 

TYPE OF LOAN

APR*

Share Secured

3.10%

Signature to $7,500

12.99%

Personal Line of Credit to $15,000

11.25%

Holiday/Vacation to $3,000

4.99%

Debt Consolidation Loan

12.00%

Overdraft Protection

14.50%

 

 

Student Loans

Sallie Mae guidelines and rates apply.

 

 

Vehicle Loans 2013 and newer

APR*

20% Down

2.49%

10% Down

3.49%

100%

4.49%

120%

6.49%

Terms up to 84 months based on amount borrowed; Insurance required; VSI Fee $30.

 

Used Vehicle Loans - 2010-2012

APR*

20% Down

4.49%

10% Down

5.49%

100%

6.49%

120%

7.49%

Terms up to 72 months based on amount borrowed; Insurance required; VSI Fee $30.

 

Vehicle Loans - Older Models

up to 80% financing

36 mos 8.99%

Unless otherwise stated, terms up to 60 mos. for loans under $20K, and 72 mos. for loans over $20K . Full insurance coverage required. VSI fee $30.00 per auto loan.

 

 

MassSave HEAT Loans

Rates and Terms vary depending on loan type chosen,

contact credit union for details.

 

 

Home Equity Lines of Credit

HELOC^

4.00%

Blended HELOC^^

3.25%

 

Mortgage/Home Equity Closed End

SPECIAL- Fixed Rate Mortgage, 10 Yr. Term

Contact Credit Union

for Most Current

Market Rates

SPECIAL- Fixed Rate Mortgage, 15 Yr. Term

SPECIAL- Fixed Rate Mortgage, 20 Yr. Term

SPECIAL- Fixed Rate Mortgage, 30 Yr. Term

Max. Loan $200K, Combined LTV up to 80%. Appraisal, recording and legal fees paid by borrower unless specified, rates are variable and adjust monthly; terms up to 15 years.
^ Prime Rate - 1%, Floor Rate 5.00%, Cap. 15%
^^Fixed rate 7 yrs, Prime for remaining term adjusted monthly on the 1st Caps 5/15

* APR = Annual Percentage Rate

 

 

 SHARE RATES

 

TYPE

APY**

YIELD

Regular Shares

0.05%

0.05%

Special Purpose

0.05%

0.05%

Super Saver Club

0.45%

0.45%

IRA/Coverdell

1.00%

1.01%

Compounded Quarterly

 

 

 

 

 

Money Market Accounts

$2500 - $10,000

0.10%

0.10%

$10,001 - $25,000

0.10%

0.10%

$25,001 - $50,000

0.10%

0.10%

$50,001 +

0.10%

0.10%

Compounded Monthly

 

 

 

 

 

Term Certificates

Six Months

0.15%

0.15%

Nine Months

0.20%

0.20%

Twelve Months

0.25%

0.25%

Thirty Months

0.35%

0.35%

Sixty Months

1.00%

1.01%

Minimum Deposit of $1,000.00 required. Interest compounded monthly on all certificates with terms greater than six months.

Early withdrawal penalties may be imposed. The Annual Percentage Yield assumes principal and interest would remain on deposit for the full term. A withdrawal and/or fees may reduce earnings.

 

 

 

Checking

Checking Accounts earn no interest, and have a minimum balance requirement of $0.01.

 

** APY = Annual Percentage Yield

 

 

 

Dividends are earned on the average daily balance

for the dividend period.