Rates
All of our rates in one convenient location.
Rates are effective August 1st, 2023 and are subject to change without advanced notice.
Savings Rates
Rates are effective March 1, 2024 and are subject to change without advanced notice.
Regular Shares (Savings), Holiday Shares and IRA Shares
| Description | Rate | APY | Minimum Amount |
|---|---|---|---|
| Regular Shares | 0.05% | 0.05% | $25.00 |
| Holiday Club Shares | 0.05% | 0.05% | $25.00 |
| IRA Shares | 0.05% | 0.05% | $25.00 |
| SMARTY Savings | 0.50% | 0.50% | $5.00 |
All dividends are calculated daily and paid at month-end, effective the first day of each quarter. Holiday Shares may be withdrawn starting October 1st until January 31st of the following year. APY=Annual Percentage Yield. Various fees may reduce the earnings on accounts.
Checking / Money Market Shares
| Description | Rate | APY | Minimum Amount |
|---|---|---|---|
| Success Checking | 0.05% | 0.05% | $500+ |
| Prosperity Checking | 0.10% | 0.10% | $10,000+ |
| Teen Checking | 0.50% | 0.50% | $0.00 |
| Money Market Shares I | 0.60% | 0.60% | $1,000.00- 9,999.99 |
| Money Market Shares II | 0.60% | 0.60% | $10,000.00-24,999.99 |
| Money Market Shares III | 0.70% | 0.70% | $25,000-49,999,99 |
| Money Market Shares IV | 0.85% | 0.85% | $50,000 + |
Money Market Requirements
- Minimum Balance – Balance must be kept above $1,000.00 to maintain current money market rate. If the Money Market balance falls below $1,000.00, the rate will revert to the Regular Share Interest Rate.
- Withdrawals – The Maximum withdrawal limit is three per month without a service charge. A withdrawal is considered any cash withdrawal, transfer of funds or issuance of a check either by telephone or in person.
- Charges – A $10.00 fee will be incurred for any withdrawal over three. This charge will be posted at the end of each month.
APY=Annual Percentage Yield. Various fees may reduce the earnings on accounts.
Regular Term Certificates
| Description | Rate | APY | Minimum Amount |
|---|---|---|---|
| 3 Month Certificate | 0.10% | 0.10% | $500.00 |
| 6 Month Certificate | 1.933% | 1.95% | $500.00 |
| 6 Month Add-on Certificate | 1.933% | 1.95% | $100.00 |
| 12 Month Certificate | 1.982% | 2.00% | $500.00 |
| 18 Month Certificate | 2.031% | 2.05% | $500.00 |
| 24 Month Certificate | 2.080% | 2.10% | $500.00 |
| 24 Month Add-on Certificate | 2.080% | 2.10% | $100.00 |
| 30 Month Certificate | 2.129% | 2.15% | $500.00 |
| 36 Month Certificate | 2.178% | 2.20% | $500.00 |
| 48 Month Certificate | 2.276% | 2.30% | $500.00 |
| 60 Month Certificate | 2.423% | 2.45% | $500.00 |
Rates are evaluated by the Board of Directors and are subject to change without notice. Dividends are compounded daily and credited monthly. Certificates are automatically renewed to the Share Savings account upon maturity. Options for receiving dividends are available. All certificates are subject to early withdrawal penalties. Penalty for early withdrawal: Terms less than 12 months – 90 days dividends; 12 to less than 24 months – 180 days dividends; 24 to less than 48 months – 360 days dividends; 48 months or greater – 720 days dividends. APY=Annual Percentage Yield. Various fees may reduce the earnings on accounts.
Jumbo Term Certificates
| Description | Rate | APY | Minimum Amount |
|---|---|---|---|
| 6 Month Certificate | 2.080% | 2.10% | $50000.00 |
| 12 Month Certificate | 2.129% | 2.15% | $50000.00 |
| 24 Month Certificate | 2.227% | 2.25% | $50000.00 |
| 36 Month Certificate | 2.335% | 2.35% | $50000.00 |
| 48 Month Certificate | 2.423% | 2.45% | $50000.00 |
| 60 Month Certificate | 2.570% | 2.60% | $50000.00 |
Rates are evaluated by the Board of Directors and are subject to change without notice. Dividends are compounded daily and credited monthly. Certificates are automatically renewed to the Share Savings account upon maturity. Options for receiving dividends are available. All certificates are subject to early withdrawal penalties. Penalty for early withdrawal: Terms less than 12 months – 90 days dividends; 12 to less than 24 months – 180 days dividends; 24 to less than 48 months – 360 days dividends; 48 months or greater – 720 days dividends. APY=Annual Percentage Yield. Various fees may reduce the earnings on accounts.
Traditional IRA and ROTH IRA Term Certificates
| Description | Rate | APY | Minimum Amount |
|---|---|---|---|
| 12 Month Certificate | 1.982% | 2.00% | $500.00 |
| 24 Month Certificate | 2.080% | 2.10% | $500.00 |
| 36 Month Certificate | 2.178% | 2.20% | $500.00 |
| 48 Month Certificate | 2.276% | 2.30% | $500.00 |
| 60 Month Certificate | 2.423% | 2.45% | $500.00 |
Rates are evaluated by the Board of Directors and are subject to change without notice. Dividends are compounded daily and credited monthly. Certificates are automatically renewed to the Share Savings account upon maturity. Options for receiving dividends are available. All certificates are subject to early withdrawal penalties. Penalty for early withdrawal: Terms less than 12 months – 90 days dividends; 12 to less than 24 months – 180 days dividends; 24 to less than 48 months – 360 days dividends; 48 months or greater – 720 days dividends. APY=Annual Percentage Yield. Various fees may reduce the earnings on accounts.
Loan Rates
Rates are effective March 15, 2024 and are subject to change without advanced notice.
New and Used Automobile
| Paper | Credit Score | Rate |
|---|---|---|
| A+ S3 | 800 & Higher | 6.89% |
| A+ S2 | 780 - 799 | 6.89% |
| A+ S1 | 760 - 779 | 7.34% |
| A+ | 740 - 759 | 7.64% |
| A | 720 - 739 | 8.04% |
| B+ | 700 - 719 | 8.79% |
| B | 680 - 699 | 9.64% |
| C+ | 660 - 679 | 12.14% |
| C | 640 - 659 | 14.89% |
| D | 600 - 639 | 15.89% |
| E | < 600 | 18.00% |
LTV over 100% Rate Add On: +0.50 up to 110% or +1.00 up to 120% (Credit Officer Approval). Less than 70% LTV Rate Discount: -0.25. Term Rate Add On: 61-72 months +0.50 73-84 months +1.50. Term Rate Discount: 48 months or less -0.10. Model Year (2017 and Older) Add On: +0.50.
*LTV is NADA Adjusted Retail Book plus taxes, D & H, warranty & insurance for all tiers for used vehicles. New vehicles (current year models plus year before with less than 2,000 miles) are based on MSRP.
Also, Sight inspection required on Older Used (2017 and Older) Automobiles. Mileage over 100,000 will be reduced by 25% of the current retail value listed in NADA.
Classic and Exotic Autombile
| Paper | A+ Rate | A Rate | B Rate | C Rate | D Rate |
|---|---|---|---|---|---|
| Maximum LTVs | 100% | 100% | 100% | 80% | N/A |
| as low as | 7.99% | 7.99% | 9.49% | 10.49% | N/A |
Paper B or higher will finance 100% of Retail Value. Paper C maximum of 80% of Retail Value.
New/Used Recreational Vehicles
| Paper | A+ Rate | A Rate | B Rate | C Rate | D Rate |
|---|---|---|---|---|---|
| Up to 120 Months | 8.49% | 8.75% | 9.49% | 13.49% | N/A |
Finance 90% of NADA Loan Value. 10% trade or cash down payment required. Recreational Vehicles ten (10) years and older, the maximum term up to 72 months.
New Motorcycle
| Paper | A+ Rate | A Rate | B Rate | C Rate | D Rate |
|---|---|---|---|---|---|
| Up to 60 Months | 8.24% | 8.74% | 10.24% | 13.74% | N/A |
Finance 90% NADA Loan Value. 10% trade or cash down payment required.
Used Motorcycle
| Paper | A+ Rate | A Rate | B Rate | C Rate | D Rate |
|---|---|---|---|---|---|
| Maximum LTV | 90% | 85% | 80% | 75% | N/A |
| Up to 48 Months | 9.49% | 9.99% | 10.99% | 14.74% | N/A |
The interest rates are evaluated by the Board of Directors. Terms vary based on value and year of vehicle. All applications subject to member credit qualification.
Multi-Collateral Secured
| Paper | A+ Rate | A Rate | B Rate | C Rate | D Rate |
|---|---|---|---|---|---|
| as low as | 9.74% | 10.24% | 11.24% | 13.24% | 15.24% |
100% secured using NADA Retail Value on vehicles in the current NADA or Trade-in value on vehicles over seven (7) years.
Mixed-Collateral Partially Secured
| Paper | A+ Rate | A Rate | B Rate | C Rate | D Rate |
|---|---|---|---|---|---|
| as low as | 11.24% | 11.75% | 12.75% | 14.74% | 18.00% |
A & B Paper
Current NADA Retail Value and 2x gross monthly income.
C Paper
Current NADA Retail Value and 1.5x gross monthly income.
D Paper
Current NADA Retail Value and 1x gross monthly income.
Real Estate and Home Equity Closed End Loans Up To 20 Years
| Paper | Credit Score | Rate | LTV |
|---|---|---|---|
| A+ | 760 & above | 8.50% | Up to 95% |
| A | 740-759 | 9.00% | Up to 95% |
| B+ | 720-739 | 9.25% | Up to 95% |
| B | 700-719 | 9.50% | Up to 95% |
| C+ | 679-699 | 9.75% | Up to 95% |
| C | 600-678 | 9.75% | Up to 95% |
| D | 659 & below | 9.75% | Up to 75% |
HELOC (Line of Credit)
| Paper | Credit Score | Rate | MARGIN | LTV |
|---|---|---|---|---|
| A+ | 760 & above | PRIME | 0.00% | Up to 95% |
| A | 740-759 | PRIME | +0.50% | Up to 95% |
| B+ | 720-739 | PRIME | +0.75% | Up to 95% |
| B | 700-719 | PRIME | +1.00% | Up to 95% |
| C+ | 679-699 | PRIME | +1.25% | Up to 95% |
| C | 660-678 | PRIME | +2.00% | Up to 95% |
| D | 659 & below | PRIME | +3.00% | Up to 75% |
- Terms: 10 year draw period, up to 15 years to repay the balance.
- Payments: 1% of outstanding principal balance with minimum payment of $100.00.
- HELOC has a floor rate of 5.00% APR, and a ceiling rate of 18% APR
- Current Prime Rate = 8.50% APR
Personal Advance
| Paper | A+ Rate | A Rate | B Rate | C Rate | D Rate |
|---|---|---|---|---|---|
| as low as | 10.74% | 11.24% | 12.74% | 14.74% | 17.99% |
Preferred LOC
| Paper | A+ Rate | A Rate | B Rate | C Rate | D Rate |
|---|---|---|---|---|---|
| 9.74% | 10.24% | 11.74% | 13.74% | N/A |
Credit Card Rates
Miscellaneous Loans
| Loan | Rate |
|---|---|
| Mastercard Classic | 14.90% |
| Mastercard Platinum | 8.90% |
| Share Overdraft/QuickFix | 18.00% |
| Share Secured | Share APR Rate + 3% |
| Share Certificate | CD APR Rate + 3% |
Maximum term on Shared Secured is 60 months.
Click here for Mastercard® Credit Card Disclosures.