Rates

Rates effective as of 5/21/2013.  Rates are subject to change at any time as determined by the Board of Directors.
Call 757-249-1003 for Current Rates.

Savings

Savings Minimum Balance Dividend/Interest Rate APY*
Regular Share none .00% .00%
Christmas Club none .00% .00%
All Purpose Clubs none .00% .00%
IRA Share none .00% .00%

*APY = Annual Percentage Yield

 

Share Certificates & IRA Certificates***

Minimum Balance Term Dividend/Interest Rate APY*
$500 1 year .05% .05%
 $500 2 years  .05%  .05%
 $500 3 years  .05%  .05%
 $500 4 years  .05%  .05%
 $2,500 1 year  .05%  .05%
 $2,500 2 years  .05%  .05%
 $2,500 3 years  .05%  .05%
 $2,500 4 years  .05%  .05%
 $100** 1 year  .05%  .05%

*APY – Annual Percentage Yield

** Young Savers Certificate is available to members age 16 and under.  Maximum deposit is $1,000.

*** No new certificates are available at this time.

 

Loans

Loans Term in Months Annual Percentage Rate (APR)
Share Secured up to 120 +3.00% – 6.00%
 Personal up to 60 based on amt. financed 9.00 – 17.00
VISA Classic revolving 12.00
VISA Platinum revolving 7.49
New Vehicles/Motorcycles 36 – 84 months 4.99 – 8.49*
Used Vehicles/Motorcycles 36 – 84 months 4.99 – 8.99*
New & Used Recreational Vehicles/Boats 36 – 120 months 7.99 – 10.50*
Home Equity Line of Credit 180 months Prime + 0
First Mortgage – Fixed 60 months 5.50
120 months 5.75
180 months 6.00
First Mortgage – 3 Year Adjustable Rate (ARM) 360 months Call for current rate
Points:  1.00  Origination Fee:  0

 

*Earned Rate Lending (ERL):  Rates shown include all available discounts.  The annual Percentage Rate (APR) you receive will be within the range disclosed above and is based on your credit worthiness and credit union relationship (Premier Member).  Please ask us for the rate that you qualify for.  The rate you qualify for will be disclosed to you at the time of your loan closing.

 

In order to qualify for the Premier Member Preferred Rate, you must have the following account relationships:  A Share Draft Account with Debit Card; Direct Deposit; $10,000 in loan balances AND $1,000 in deposits (excluding share draft account balances) OR $10,000 in deposits (excluding share draft account balances).