| Dividend
Rates
rates effective as of Jan. 05,
2012
| Type
of Account |
Annual
Effective Yield |
Dividend
Rate |
| Regular Shares |
.30% |
.30% |
| Money Market Shares * |
|
|
| $1,000 – $9,999 |
.35% |
.35% |
| $10,000 – $24,999 |
.50% |
.50% |
| $25,000 – $49,999 |
.65% |
.65% |
| $50,000 and over |
.75% |
.75% |
| Christmas Club |
0.25% |
0.25% |
| Vacation Club |
0.25% |
0.25% |
| Share/Draft Checking |
0.10% |
0.10% |
| IRA |
|
|
| $100 - $9,999 |
.60% |
.60% |
| $10,000 – $24,999 |
1.00% |
1.00% |
| $25,000 – $49,999 |
1.16% |
1.15% |
| $50,000 and over |
1.51% |
1.50% |
| 6 Month Share Certificate |
.40% |
.40% |
| 12 Month Share Certificate |
.80% |
.80% |
| 18 Month Share Certificate |
.80% |
.80% |
| 24 Month Share Certificate |
.80% |
.80% |
|
Dividends are compounded and paid quarterly on the average daily
balance on all share accounts. On share draft/checking dividends
are compounded and paid monthly on the average daily balance.
*Requires minimum balance of $1000
A penalty will apply for early withdrawal. Call for current rates
(min. balance $1,000)
|
Loan Rates
rates effective as of Jan. 05, 2012
|
Type of Loan |
Loan Duration |
Loan Rate |
| Share Secured Loan |
|
4.25% |
|
Late Model Car Loans
(Last three model years: 2009-2011) |
|
|
| 2009 & 2011 only |
6 years |
5.00% |
| Older car Loans (2006 - 2008) |
|
|
| Home Equity-Second Mortgage Loan |
4 years
6 years
8 years
10 years
|
|
| Refinanced Loans - Secured |
d |
11.50% |
| Unsecured Signature Loans |
d |
12.50% |
| VISA Cards - Purchases and Cash Advances |
d |
13.90% |
Rates are determined by Credit Scoring System
|
| The Motor Vehicle Certification Program (MVCP) offers consumer information
to members who are purchasing a new vehicle. The Credit Union urges
members to call the MVCP at 1-800-345-0990. |
|
