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Type Annual Percentage Rate (APR) Term of Repayment AUTOS & MOTORCYCLES
2014 to New (0-36 Months) 2.24% 36 2014 to New (37-66 Months) 3.24% 66 2014 to New (67-72 Months ) 3.49% 72 2014 to New (73-78 Months) 3.74% 78 2014 to New (79 -84 Months) 4.74% 84 2013 - 2010 (0-36 Months) 3.24% 36 2013 - 2010 (37-66 Months) 4.24% 66 2013 TO 2010 (67-72 Months) 4.49% 72 2009 & older (0-60 Months) 5.24% 60 BOATS & RVS
2014 to New (0-36 Months) 2.34% 36 2014 to New (37-66 Months) 3.34% 66 2014 to New (67-72 Months) 3.59% 72 2014 to New (73-84 Months) 4.49% 84 2014 to New (85-120 Months)
4.74% 120 2014 to New (144 Months - RVs & BOATS) | (180 Months - RVs ONLY)
5.34% 144 & 180 2013 - 2010 (0-66 Months)
4.84%
66
2013 - 2010 (67-84 Months) 5.09% 84 2013 - 2010 (85-120 Months) 5.34% 120 2009 & Older (0-60 Months) 5.59% 60
OTHER SECURED
2014 & New (61-84 Months)
4.34% 84 2013 to 2010 (60 Months) 5.34% 60 2009 and Older (48 Months) 5.84% 48 Line of Credit & Overdraft
18.00% N/A
Preferred Line of Credit
6.24% N/A
PERSONAL LOAN (Unsecured)
9.24% 84
SHARE SECURED
2% over highest term share or savings rates currently offered by MMFCU or 2% over share rate used as collateral, whichever is higher.
(Promotional accounts are excluded when determining rate.)
144
VISA CREDIT CARDS
*VISA SIGNATURE Rewards Credit Card
Variable rate (Last day of previous month Prime Rate + individual beacon score)
12.24%
N/A VISA Credit Card
Non-variable Rate (Adjusted January 1 & July 1 based on individual beacon score) 8.99% N/A VISA Platinum Rewards Credit Card
Non-variable Rate (Adjusted January 1 & July 1 based on individual beacon score) 9.99% N/A CONSTRUCTION LOAN
Construction Loan 3.99% 6 JUMBO LOAN (Ask about additional terms)
Jumbo Loan (15 Year Term) Call for quote 15 Year Jumbo Loan (30 Year Term) Call for quote 30 Year
HOME EQUITY LINE OF CREDIT (HELOC)
HELOC
80% LTV, Prime - .25%
(Index = Last day of last month Prime or 4.50% whichever is greater; rate adjusts monthly) 5.00% N/A HELOC
85% LTV, Prime + 1.00%
(Index = last day of last month Prime or 4.50% whichever is greater; rate adjusts monthly) 6.25% N/A HELOC Advantage (Interest Only)
75% LTV, Prime - .25%
(Index = Last day of last month Prime or 4.50% whichever is greater; rate adjusts monthly. A balloon payment my result, if applicable) 5.75% N/A HELOC - 100% LTV
100% LTV, Prime + 1.50%
(Index = Last day of last month Prime or 4.50% whichever is greater; rate adjusts monthly)
7.25%
N/A
PROPERTY EQUITY
80% LTV (0-60 Months)
3.24% 60 80% LTV (61-180 Month with a 5 year balloon)
3.49%
180 80% LTV (61-120 Months)
4.24% 120 85% LTV (0-60 Months)
4.24% 60 85% LTV (61-180 Month with a 5 year balloon)
4.49% 180 85% LTV (61-120 Months)
5.24% 120 100% LTV (0-60 Months)
5.24% 60 100% LTV (61-120 Months)
6.24% 120 PROPERTY / HOME IMPROVEMENTS
0-48 Months (unsecured)
6.24% 48 49-84 Months (unsecured)
7.24% 84 133% LTV 0-120 Months (secure d & unsecured) 133% LTV
6.24% 120 STUDENT LOANS
8.00%
| Type | Annual Percentage Rate (APR) | Term of Repayment |
|---|---|---|
| AUTOS & MOTORCYCLES | | |
| 2014 to New (0-36 Months) | 2.24% | 36 |
| 2014 to New (37-66 Months) | 3.24% | 66 |
| 2014 to New (67-72 Months ) | 3.49% | 72 |
| 2014 to New (73-78 Months) | 3.74% | 78 |
| 2014 to New (79 -84 Months) | 4.74% | 84 |
| 2013 - 2010 (0-36 Months) | 3.24% | 36 |
| 2013 - 2010 (37-66 Months) | 4.24% | 66 |
| 2013 TO 2010 (67-72 Months) | 4.49% | 72 |
| 2009 & older (0-60 Months) | 5.24% | 60 |
| BOATS & RVS | | |
| 2014 to New (0-36 Months) | 2.34% | 36 |
| 2014 to New (37-66 Months) | 3.34% | 66 |
| 2014 to New (67-72 Months) | 3.59% | 72 |
| 2014 to New (73-84 Months) | 4.49% | 84 |
| 2014 to New (85-120 Months) | 4.74% | 120 |
| 2014 to New (144 Months - RVs & BOATS) | (180 Months - RVs ONLY) | 5.34% | 144 & 180 |
| 2013 - 2010 (0-66 Months) | 4.84% | 66 |
| 2013 - 2010 (67-84 Months) | 5.09% | 84 |
| 2013 - 2010 (85-120 Months) | 5.34% | 120 |
| 2009 & Older (0-60 Months) | 5.59% | 60 |
| OTHER SECURED | ||
| 2014 & New (61-84 Months) | 4.34% | 84 |
| 2013 to 2010 (60 Months) | 5.34% | 60 |
| 2009 and Older (48 Months) | 5.84% | 48 |
| Line of Credit & Overdraft | 18.00% | N/A |
| Preferred Line of Credit | 6.24% | N/A |
| PERSONAL LOAN (Unsecured) | 9.24% | 84 |
| | ||
| SHARE SECURED | ||
| 2% over highest term share or savings rates currently offered by MMFCU or 2% over share rate used as collateral, whichever is higher. (Promotional accounts are excluded when determining rate.) | | 144 |
| | ||
| VISA CREDIT CARDS *VISA SIGNATURE Rewards Credit Card Variable rate (Last day of previous month Prime Rate + individual beacon score) | 12.24% | N/A |
| VISA Credit Card Non-variable Rate (Adjusted January 1 & July 1 based on individual beacon score) | 8.99% | N/A |
| VISA Platinum Rewards Credit Card Non-variable Rate (Adjusted January 1 & July 1 based on individual beacon score) | 9.99% | N/A |
| CONSTRUCTION LOAN | | |
| Construction Loan | 3.99% | 6 |
| JUMBO LOAN (Ask about additional terms) | | |
| Jumbo Loan (15 Year Term) | Call for quote | 15 Year |
| Jumbo Loan (30 Year Term) | Call for quote | 30 Year |
| HOME EQUITY LINE OF CREDIT (HELOC) | | |
| HELOC 80% LTV, Prime - .25% (Index = Last day of last month Prime or 4.50% whichever is greater; rate adjusts monthly) | 5.00% | N/A |
| HELOC 85% LTV, Prime + 1.00% (Index = last day of last month Prime or 4.50% whichever is greater; rate adjusts monthly) | 6.25% | N/A |
| HELOC Advantage (Interest Only) 75% LTV, Prime - .25% (Index = Last day of last month Prime or 4.50% whichever is greater; rate adjusts monthly. A balloon payment my result, if applicable) | 5.75% | N/A |
| HELOC - 100% LTV 100% LTV, Prime + 1.50% (Index = Last day of last month Prime or 4.50% whichever is greater; rate adjusts monthly)
| 7.25% | N/A |
| PROPERTY EQUITY | | |
| 80% LTV (0-60 Months) | 3.24% | 60 |
| 80% LTV (61-180 Month with a 5 year balloon) | 3.49% | 180 |
| 80% LTV (61-120 Months) | 4.24% | 120 |
| 85% LTV (0-60 Months) | 4.24% | 60 |
| 85% LTV (61-180 Month with a 5 year balloon) | 4.49% | 180 |
| 85% LTV (61-120 Months) | 5.24% | 120 |
| 100% LTV (0-60 Months) | 5.24% | 60 |
| 100% LTV (61-120 Months) | 6.24% | 120 |
| PROPERTY / HOME IMPROVEMENTS | | |
| 0-48 Months (unsecured) | 6.24% | 48 |
| 49-84 Months (unsecured) | 7.24% | 84 |
| 133% LTV 0-120 Months (secure d & unsecured) 133% LTV | 6.24% | 120 |
| STUDENT LOANS | 8.00% |
All rates effective 4/19/18 - Subject to Change. Note: Loan rates based on individual credit score and credit union relationship. Loan rates presented assume a checking/auto pay relationship. If borrower has no checking/auto pay relationship, add 0.25% APR to all loan rates. "Other Secured" examples include but are not limited to ATV, snowmobiles and personal watercraft. *APR = Annual Percentage Rate Current Prime Rate 4.5% “Consult your tax advisor about destructibility options. See rates page for current rates. The HELOC is a variable rate product based upon the Prime Rate. The maximum HELOC rate is 18.0% APR. Home equity programs may be subject to nominal closing costs of approximately $150 per $20,000 borrowed.” *Rate = Dividend Rate | *APY = Annual Percentage Yield |
Fees may reduce account earnings. Regular Share minimum opening deposit/minimum balance = $5.00 MMFCU has variable rate deposit accounts. MMFCU holds the right to change the rates on these accounts without notice to the account holder after the opening date.
APYs listed above for Term Share Certificates are based on having an active checking account, if not applicable deduct 0.25% from the APY. Each member is insured to at least $250,000 by National Credit Union Administration. A penalty may be imposed for early withdrawal from a term share account. Fees may reduce account earnings. Contact an employee for further information on applicable fees and terms. Dividends are based on the Credit Union's earnings and cannot be guaranteed. VISA Disclosures Payment Example: Terms of repayment on a $5,000 loan with the maximum APR of 18% is $25.41 per month for 60 months. Click here to be redirected to our loan calculators for all other payment examples. Closed End Loan Payment Example: Terms of repayment on a $50,000 loan with an APR of 4.99% is $530.24 per month for 120 months. HELOC fees/closing costs can range from $0 - $2,000
Fees may reduce account earnings. Regular Share minimum opening deposit/minimum balance = $5.00 MMFCU has variable rate deposit accounts. MMFCU holds the right to change the rates on these accounts without notice to the account holder after the opening date.
APYs listed above for Term Share Certificates are based on having an active checking account, if not applicable deduct 0.25% from the APY. Each member is insured to at least $250,000 by National Credit Union Administration. A penalty may be imposed for early withdrawal from a term share account. Fees may reduce account earnings. Contact an employee for further information on applicable fees and terms. Dividends are based on the Credit Union's earnings and cannot be guaranteed. VISA Disclosures Payment Example: Terms of repayment on a $5,000 loan with the maximum APR of 18% is $25.41 per month for 60 months. Click here to be redirected to our loan calculators for all other payment examples. Closed End Loan Payment Example: Terms of repayment on a $50,000 loan with an APR of 4.99% is $530.24 per month for 120 months. HELOC fees/closing costs can range from $0 - $2,000
