|
Rates:
| Savings Rates: |
|
|
| Savings Range |
|
APY* |
| $25.00 - $100.00 |
|
0.50% |
| $101.00 - $5000.00 |
|
1.00% |
| $5001.00 - $20,000.00 |
|
1.21% |
| $20,001.00 - $40,000.00 |
|
1.41% |
| $40,001.00 & up |
|
1.61% |
| Christmas Club Savings |
|
1.00% |
| *Annual
Percentage Yield |
Checking accounts:
Average daily balance over $1,000... 0.50% APY
Money Market Checking:
Balance over $2,500.00.... 2.27% APY
IRA's:
2.75% APR
2.78% APY
Certificate of Deposit (CD):
| CD
Types and Rates
|
|
Term (Mo) |
Dividends Paid |
APR % |
APY % |
| 36 |
Qtly |
2.90 |
2.93 |
| 24 |
Mo/Qtly |
2.75 |
2.78 |
| 18 |
Mo/Qtly |
2.70 |
2.73 |
| 12 |
Mo/Qtly |
2.60 |
2.63 |
| 6 |
Mo/Qtly |
2.30 |
2.32 |
| 3 |
Qtly |
2.10 |
2.12 |
| Effective 6/17/08
|
Loan rates:
| RISK-BASED PRICING |
| Closed-End Loans
|
| Loan Type |
|
"A+" |
"A" |
"B" |
"C" |
"D" |
"E" |
| Credit Grade |
|
750-
up |
749-680 |
|
629-600 |
599-530 |
529-under |
| Debt Ratio (GMI) |
|
45% |
45% |
42% |
40% |
38% |
38% |
| |
| NEW VEHICLE 2006-2007
|
| Loan Type |
|
"A+" |
"A" |
"B" |
"C" |
"D" |
"E" |
| 36 months |
|
6.00% |
6.25% |
8.25% |
10.25% |
13.25% |
15.25% |
| 48 months |
|
6.50% |
6.75% |
8.75% |
10.75% |
13.75% |
15.75% |
| 60 months |
|
7.00% |
7.25% |
9.25% |
11.25% |
14.25% |
16.25% |
| 72 months |
|
8.00% |
8.25% |
10.25% |
12.25% |
15.25% |
17.25% |
| 84 months |
|
10.00% |
10.25% |
12.25% |
n/a |
n/a |
n/a |
| 72 month term requires minimum of $20,000.00
and 84 month term requires minimum of $30,000.00 |
| |
| USED VEHICLE 2003-2005
|
| Loan Type |
|
"A+" |
"A" |
"B" |
"C" |
"D" |
"E" |
| 36 months |
|
6.50% |
6.75% |
8.75% |
10.75% |
13.75% |
15.75% |
| 48 months |
|
7.00% |
7.25% |
9.25% |
11.25% |
14.25% |
16.25% |
| 60 months |
|
7.50% |
7.75% |
9.75% |
11.75% |
15.25% |
17.25% |
72
months
|
|
8.50% |
8.75% |
10.75% |
12.75% |
16.25% |
18.00% |
| |
| USED VEHICLE 2000-2002
|
| Loan Type |
|
"A+" |
"A" |
"B" |
"C" |
"D" |
"E" |
36 months
or less |
|
7.50% |
7.75% |
9.75% |
13.25% |
15.25% |
17.25% |
| 48 months |
|
8.00% |
8.50% |
10.50% |
13.75% |
15.75% |
17.75% |
| 60 months |
|
8.50% |
8.75% |
10.75% |
14.25% |
16.25% |
18.00% |
| |
| USED VEHICLE 1999 & OLDER
|
| Loan Type |
|
"A+" |
"A" |
"B" |
"C" |
"D" |
"E" |
36 months
or less |
|
8.50% |
8.75% |
10.75% |
12.75% |
15.75% |
17.50% |
| 48 months |
|
9.00% |
9.25% |
11.25% |
13.25% |
16.25% |
18.00% |
| 60 months |
|
9.50% |
9.75% |
11.75% |
13.75% |
16.75% |
18.00% |
| "CLASSIC VEHICLES" RATE IS 2% LESS
THAN ABOVE CATAGORY |
All Vehicles with 100,000 or more
miles MUST add 1.00% to APR
(with a maximum of 18%) |
| |
| RECREATIONAL VEHICLES NEW &
USED
|
| Loan Type |
|
"A+" |
"A" |
"B" |
"C" |
"D" |
"E" |
| 24 months |
|
8.00% |
8.25% |
8.50% |
9.50% |
14.25% |
16.00% |
| 48 months |
|
8.50% |
8.75% |
9.00% |
11.00% |
14.75% |
16.25% |
| 60 months |
|
9.00% |
9.25% |
9.50% |
11.50% |
15.00% |
16.50% |
| 72 months |
|
10.00% |
10.25% |
10.50% |
12.50% |
16.00% |
17.25% |
84 months*
|
|
11.25% |
11.50% |
11.75% |
13.75% |
17.75% |
18.00% |
96 months*
|
|
11.50% |
11.75% |
12.00% |
14.00% |
|
18.00% |
| *Motorhomes only |
| |
| O/D PROTECTION LOANS |
| Loan Type |
|
"A+" |
"A" |
"B" |
"C" |
"D" |
"E" |
| |
|
16.00% |
16.00% |
16.00% |
18.00% |
18.00% |
18.00% |
| Limits |
|
$500 |
$500 |
$500 |
$300 |
$300 |
$300 |
OD Line of Credit-Checking Overdraft
Protection
|
|
|
| Signature Loans
|
| Loan Type |
Max Term |
"A+" |
"A" |
"B" |
"C" |
"D" |
"E" |
| up to $12,000 |
60 |
12.75% |
|
|
|
|
|
| up to $10,000 |
60 |
|
13.75% |
|
|
|
|
| up to $8,000 |
48 |
|
|
15.75% |
|
|
|
| up to $7,000 |
48 |
|
|
|
16.75% |
|
|
| up to $2,000 |
36 |
|
|
|
|
18.00% |
|
| up to $1,000 |
24 |
|
|
|
|
|
18.00% |
|
|
| Share Secured Loans
|
| Loan Type |
|
"A+" |
"A" |
"B" |
"C" |
"D" |
"E" |
| |
|
7.25% |
7.25% |
7.25% |
7.25% |
7.25% |
7.25% |
|
|
| Credit Grade: Additional Instructions
|
| 1. "C" will include members who have no credit
history.
|
| 2. "D" and "E" will be financed at Trade Value
Only and will be required to purchase GAP Protection Insurance.
|
| 3. "D" and "E"--Do not include signature loan
availability for collateral loans. |
|
|
|
|
| Additional Information
|
| 1. CD Secured Loans Will Be Set 3.00% Above
Dividend Rate for the Term of the CD.
|
| 2. Once the CD Matures the Loan Will be Renewed
at the New Rate.
|
| 3. Rates are subject to change. Contact Credit
Union to confirm current rates.
|
| 4. All Used Vehicle Values are Based On NADA
Guide Value.
|
| 5. Comprehensive & Collision Insurance required
on all vehicle collateral Loans, under certain circumstances
can be waived on vehicles with loan balance under $1,000.00.
|
| 6. A Lien in Lieu of RCFCU will be filed on
all vehicle/collateral loans.
|
| Effective
1/10/07
|

|
|
|
|