Rates:

Savings Account:

Savings Range

Minimum Balance

 Dividend Rate

APY

$25.00 - $100.00

$25.00

 0.10%

0.10%

$101.00 - $5000.00

$5,000.00

 0.15%

0.15%

$5001.00 - $20,000.00

$20,000.00

 0.25%

0.25%

$20,001.00 - $40,000.00

$40,000.00

 0.30%

0.30%
$40,001.00 and over
$40,000.00
 0.40%
0.40%
Christmas Club Savings**   0.25%
0.25%

-$25 minimum to open savings account
-Rates are effective October 22, 2012 and are subject to change without notice including after an account is opened
-Regular Shares require a $25 minimum balance at all times
-Fees could reduce the earnings on the account
-** No minimum to open, check mailed on November 1st
-For more information, please contact the Credit Union at (575) 623-7788

Money Market Checking:
Balance over $2,500.00.... 0.35% APY

IRA's:

Amount

 Dividend Rate

APY

$25.00 and up...

 0.35%

0.35%

-We offer Traditional, Education, and Roth IRA's
-Rates are effective October 22, 2012 and are subject to change without notice including after an account is opened
-Fees could reduce the earnings on the account
-For more information, please contact the Credit Union at (575) 623-7788

Certificate of Deposit (CD):

CD Types and Rates
Term (Mo)
Minimum Deposit
Dividend Rate
APY %
36
$2,000.00
1.20
1.20
24
$2,000.00
1.00
1.00
18
$2,000.00
0.75
0.75
12
$2,000.00
0.65
0.65
6
$2,000.00
0.40
0.40
3
$2,000.00
0.30
0.30

-$2,000.00 Minimum Deposit
-Early Withdrawal Penalty- 90 Days Dividend
-Rates are effective October 22, 2012 and are subject to change without notice
-Certificates which are automatically renewed will receive the rate in effect on the renewal date, which may be different from the renewing certificate rate
-Fees could reduce the earnings on the account
-For more information, please contact the Credit Union at (575) 623-7788

Loan rates:
RISK-BASED PRICING
Closed-End Loans
Loan Tier  
"A+"
"A"
"B"
"C"
"D"
"E"
Credit Score Range  
750&up
749-680

679-630
629-600
599-530
529&under
Debt Ratio (GMI)  
45%
45%
42%
40%
38%
38%
 
NEW VEHICLE 2012-2013 (never titled)
Loan Type  
"A+"
"A"
"B"
"C"
"D"
"E"
36 months*  
3.00%
3.50%
5.50%
8.00%
11.50%
13.75%
48 months  
3.50%
4.00%
6.00%
8.50%
12.00%
14.25%
60 months  
4.00%
4.50%
6.50%
9.00%
12.25%
14.50%
72 months   5.00% 5.50% 7.50% 10.00%
13.25%
 15.50%
84 months  
6.00%
6.50%
8.50%
n/a
n/a
n/a
*36 Months or less.
72 month term requires minimum of $20,000.00 and 84 month term requires minimum of $30,000.00
 
USED VEHICLE 2009-2011
Loan Type  
"A+"
"A"
"B"
"C"
"D"
"E"
36 months*  
4.50%
5.00%
7.00%
9.50%
13.00%
15.20%
48 months  
5.00%
5.50%
7.50%
10.00%
14.50%
15.75%
60 months  
5.50%
6.00%
8.00%
10.50%
13.75%
16.00%
72 months  
6.50%
7.00%
9.00%
11.50%
14.75%
17.00%
*36 Months or less.
 
USED VEHICLE 2006-2008
Loan Type  
"A+"
"A"
"B"
"C"
"D"
"E"
36 months*  
5.50%
6.00%
8.00%
10.50%
14.25%
16.25%
48 months  
6.00%
6.50%
8.50%
11.00%
14.75%
16.75%
60 months  
6.50%
7.00%
9.00%
11.50%
15.00%
17.00%
*36 Months or less.
 
USED VEHICLE 2005 & OLDER
Loan Type  
"A+"
"A"
"B"
"C"
"D"
"E"
36 months*  
6.75%
7.75%
9.00%
11.50%
15.25%
17.25%
48 months  
7.00%
8.00%
9.50%
12.00%
15.75%
17.75%
60 months  
7.50%
8.50%
10.00%
12.50%
16.00%
18.00%
*36 Months or less.

-"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%)
-Up to 125% Financing
-Rates and terms are based on your credit history
-Vehicles 1998 older can only be financed up to 24 months
-An example of a payment is $194.55 monthly for a $10,000 loan at 6.25% for 60 months. Please click on calculators for other payment options or call your loan officer at (575) 623-7788.

 
 
RECREATIONAL VEHICLES NEW & USED
Loan Type  
"A+"
"A"
"B"
"C"
"D"
"E"
36 months  
6.00%
6.25%
6.50%
8.50%
11.50%
13.50%
48 months  
6.50%
6.75%
7.00%
8.75%
12.00%
14.00%
60 months  
7.00%
7.25%
7.50%
9.50%
12.50%
14.50%
72 months  
7.25%
7.50%
7.75%
9.75%
12.75%
14.75%
84 months**
  
7.50%
7.75%
8.00%
10.00%
13.00%
15.00%
96 months**
  
7.75%
8.00%
8.25%
10.25%

13.25%
15.25%
**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
 
Signature Loans
Loan Type Max Term
"A+"
"A"
"B"
"C"
"D"
"E"
up to $12,000
60
9.00%
up to $10,000
60
11.00%
up to $8,000
48
13.00%
up to $7,000
48
16.00%
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"
   
4.00%
4.00%
4.00%
4.00%
4.00%
4.00%
 
Mortgage Loans
First Mortgage Loans: 80% of the appraised value, in New Mexico, A+ credit.*
Second Mortgage Loans: 90% of appraised value less first mortgage balance, in New Mexico, A+ credit.*
* Please contact a loan officer for current rates.
 
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 2.00% 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 10/22/2012

NADA

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