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Rates Effective as of October 22, 2009
Savings Accounts1
0.20%
Product
Annual Percentage Yield
Minimum Balance
Savings
($0.00 membership fee)0.20%
$25
Super Share2
0.25%
$2,000
Preferred Money Markets and IRAs
Up to $4,999
$1
$5,000 to $24,999
0.51%
$25,000 to $49,999
0.75%
$50,000 to $74,999
1.00%
$75,000 to $99,999
1.25%
$100,000 & above
1.50%
Emergency and Health Savings Accounts
Up to $500
0.20%
$1
$501 to $2,500
0.75%
$2,501 to $10,000
1.10%
$10,001 and above
1.50%
Money Market Account2
0.30%
$5,000
Premier Checking
0.35%
$10,000
rewardU checking*
4.01%
$0
1.Rates are subject to change without notice
2.Maximum of 3 withdrawals per month.
* Click here for full terms and conditions of this account.
Certificates of Deposit
Product3
Annual Percentage Yield
Minimum Balance
6 months
0.67%
$500
8-month –RELATIONSHIP RATE4
1.26%
$1,500
12 months
1.01%
$500
18 months
1.27%
$500
24 months
1.53%
$500
29-month – RELATIONSHIP RATE4
2.53%
$2,500
36 months
2.12%
$500
48 months
2.63%
$500
60 months
3.05%
$500
3. All of the above certificates are available as IRA Certificates or Monty Moose Accounts with a minimum deposit of $500 and $250. There is a penalty for early withdrawals and rates are subject to change without notice.
4. Relationship rate pricing requires UCU checking account with direct deposit and automatic payments from your UCU checking account on any UCU loans you may have. Minimum balance for the 10-month CD is $1,500 and minimum balance for the 27-month CD is $2,500.
Rates Effective as of September 14, 2009
Consumer Loans
4.75% 5.25% 5.75% $29.86 $23.14 $19.22 36 48 60 5.25% 5.75% 6.25% $30.08 $23.37 $19.45 36 48 60 7.75% 8.75% $31.22 $24.77 36 48 7.75% $19.68
Loan Type
Annual
Percentage Rate*
(APR)Monthly Principal and Interest Payment per $1,000
Amount Financed
Maximum
Terms in Months
New Automobile
Maximum 110% of MSRP
6.25%
$16.69
72
Used Automobile
(1 to 5 yrs old)
Maximum 110% of NADA Retail Value including all options
6.75%
$16.93
72
Used Automobile
(6 to 10 years old)
Maximum 110% of NADA Retail Value including all options
9.25%
$20.88
60
New Personal Recreational Vehicles
Motorcycles, ATVs, Snowmobiles, Personal Watercrafts6.75%
$19.68
110% of NADA Retail Value* or purchase price, whichever is lower
*An appraisal may be substituted for NADA value.60
Personal Recreational Vehicles
Motorcycles, ATVs, Snowmobiles, Personal Watercraft
(1-5 years old)$24.30
110% of NADA retail* or purchase price, whichever is lower
*An appraisal may be substituted for NADA value.48
8.75%
(6-10 years old)$24.77
48
New Recreational Vehicles
Boats, Campers, RVs, Travel Trailers, 5th Wheels6.75%
110% of NADA retail* or purchase price, whichever is lower
*An appraisal may be substituted for NADA value.60
7.75%
Loan Amounts in Excess of $25,000 only$10.69
144
Used Recreational Vehicles
Boats, Campers, RVs, Travel Trailers, 5th Wheels7.75%
(1-5 years old)$20.16
110% of NADA retail* or purchase price, whichever is lower
*An appraisal may be substituted for NADA value.60
8.75%
(6-10 years old)$20.64
60
8.75%
(1-5 years old)
Loan Amounts in Excess of $25,000 only$11.24
144
9.75%
(6-10 years old)
Loan Amounts in Excess of $25,000 only$11.81
144
Computers
(new only)8.99%
$24.88
100%
48
Shared Secured
3% over dividend rate
-
-
120
Other Secured (new)
9.99%
$21.24
110% NADA loan value*, purchase price or appraised value, whichever is lower
*An appraisal may be substituted for NADA value, and an appraisal is required if over 10 years old except for vehicle.60
Other Secured (used)
10.99%
$32.73
110% NADA loan value*, purchase price or appraised value, whichever is lower
*An appraisal may be substituted for NADA value, and an appraisal is required if over 10 years old except for vehicle.36
Alternative Education Loans
-
-
Click here for more information.
-
Continuing Education Loan
($2,500 Max)*
*Copies of estimates or bills required before scheduling loan.9.90%
$32.22
Pay Direct to Education Costs
36
Home Improvement Loan
($7,500 Max)*
*Copies of estimates or bills required before scheduling loan.11.90%
$22.19
Pay Direct to Home Improvement Costs
60
Signature
($25,000 Max)13.90%
$23.22
-
60
Linebacker Overdraft Protection
($5,000 Max)*14.90%
-
-
-
Energy Loan ($5,000 Max)
7.90%
$86.94
Pay Direct to Energy Costs
12
Rate Adjustments for ALL above Collateralized Consumer Loans:
up to 80% LTV = +0.00%
80.01% - 100% LTV = +0.25%
100.01% or > = +0.75%
*ALL STATED RATES, WITH THE EXCEPTION OF LINEBACKER, ARE RELATIONSHIP RATES**: Stated rates reflect a discount of 1.00% off your Annual Percentage Rate (APR) for making your payments automatically from your UCU checking account and maintaining direct deposit of your payroll into that account. If you fail to maintain these requirements or your payments fall in arrears over 30 days, your APR may be increased to the non-discounted rate. By accepting the interest rate reduction offered under this agreement, you authorize UCU to deduct the regularly scheduled payment from your UCU checking account on its due date. Copies of estimates or bills required before scheduling loan.
**Relationship Rates. UCU checking account with direct deposit and automatic payment from thereof required. Loans not meeting these requirements will be assessed .50% rate increase for lack of UCU chekcing and automatic payment and an additional .50% rate increase for lack of direct deposit.
Closed End Home Equity Loans
Max. Combined LTV**
Product
Annual Percentage Rate
Maximum Term in Months
Fixed Rate Home Equity Loans
Rates change daily, please check with UCU for current rates.
80% or 90%
60, 120 or 180 month terms available
Open End Home Equity Lines of Credit
Max. Combined LTV**
Product
Annual Percentage Rate
Line Amount
Equity Advantage & Interest Only Equity Advantage
Variable Rate2.75%*
$10,000 minimum to $350,000 maximum loan amount
60%
Prime Equity & Interest Only Prime Equity
3.25%*
$10,000 minimum to $350,000 maximum loan amount
80%
* APR adjusts monthly to prime + 0.00% based upon prime rate effective on the 25th day of the previous month. Must retain savings, checking and direct deposit, if not there will be 0.50% increase in the rate. Maximum Annual Percentage Rate that can be applied is 18.00%. As of 8/1/09 WSJ Prime Rate was 3.25% and is subject to change without notice.
Home Equity & Interest Only Home Equity – 90% Max LTV
4.75%*
$10,000 minimum to $250,000 maximum loan amount
90%
* APR adjusts monthly to prime + 1.50% based upon prime rate effective on the 25th day of the previous month. Must retain savings, checking and direct deposit, if not there will be 0.50% increase in the rate. Must retain savings, checking and direct deposit. Maximum Annual Percentage Rate that can be applied is 18.00%.
Investment Property Secured – Home Equity and Interest Only Home Equity
5.25%*
$10,000 minimum to $50,000 maximum loan amount
80%
* APR adjusts monthly based upon prime rate effective on the 25th day of the previous month. Must retain savings, checking and direct deposit, if not there will be 0.50% increase in the rate. Maximum Annual Percentage Rate that can be applied is 18.00%.
** Combined loan-to-value is equal to your first mortgage balance plus any second mortgage balance or maximum line amount divided by the value of the property. UCU will determine the method used to assess the property value.
Mortgages
No Closing Cost Mortgage Program Available!
Ask a loan officer today for more information.
UCU offers a variety of mortgage products to meet all your home loan needs.
Click here for daily mortgage rates or call us today!
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