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Rates



Rates

At Educational Systems FCU, our rates are set to help members save more, earn more and do more with their money.

Auto Loans

Vehicles

Rates effective October 19, 2012
  Vehicle Type  Term  APR  Monthly Payment Per $1,000  Rates As Low As
New Auto36 months1.49%$28.421.49%Calculator  
 48 months1.99%$21.701.99%   
 60 months1.99%*$17.521.99%   
 72 months1.99%$14.741.99%   
 84 months2.99%$13.212.99%   
Used Auto36 months2.24%$28.752.24%   
 48 months2.24%$21.802.24%   
 60 months2.24%$17.632.24%   
 72 months2.24%$14.862.24%   
Older Used Auto36 months4.24%$29.634.24%   

APR=Annual Percentage Rate. Applications are subject to credit approval, and actual rate is based on your credit. All rates are subject to change without prior notice. Rates shown above are our Premium Loan Rates.

*In our monthly payment example, with a loan of $20,000, for 60 months, multiply $17.52 x 20 = $350.40 per month; your loan will have a total cost of $21,024 ($350.40 x 60).


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Motorcycles, Boats & RVs

Rates effective October 19, 2012
  Vehicle Type  Term  APR  Monthly Payment Per $1,000  Rates As Low As
New Motorcycle36 months2.49%*$28.862.49%Calculator  
 48 months2.99%$22.132.99%   
Used Motorcycle24 months4.24%$43.534.24%   
New Boat/RV/Motor Home5 years2.99%$17.962.99%   
 10 years3.49%$9.883.49%   
Used Boat/RV/Motor Home5 years3.24%$18.083.24%   
 8 years3.74%$12.073.74%   
Older Used Boat/RV/Motor Home6 years5.24%$16.225.24%   

APR=Annual Percentage Rate. Applications are subject to credit approval, and actual rate is based on your credit. All rates are subject to change without prior notice. Rates shown above are our Premium Loan Rates.

*In our monthly payment example, with a loan of $10,000, for 36 months, multiply $28.86 x 10 = $288.60 per month; your loan will have a total cost of $10,389.60 ($288.60 x 36).


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Personal Loans

Signature

Rates effective October 19, 2012
  Loan Type  Term  APR  Monthly Payment Per $1,000  Rate As Low As
Signature36 months10.49%$32.4910.49%Calculator  
 48 months10.99%$25.8410.99%   
 60 months11.49%*$21.9911.49%   

APR=Annual Percentage Rate.

*In our monthly payment example, with a loan of $10,000, for 60 months, multiply $21.99 x 10 = $219.90 per month; your loan will have a total cost of $13,194 ($219.90 x 60).


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Secured by Savings

Rates effective October 19, 2012
  Loan Type  Term  APR
Secured by Savings120 months3.00% Plus Share Rate   

APR=Annual Percentage Rate.


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Secured by Certificate

Rates effective October 19, 2012
  Loan Type  Term  APR
CertificateRemaining Certificate Term3.00% Plus Share Rate   

APR=Annual Percentage Rate.

Term is remaining Certificate term. Rate of Certificate rate plus 3.00%


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Mortgages

First Mortgage

Click here for today's First Mortgage rates.

Rates and APRs may vary depending on loan details, such as loan amount, loan-to-value, your credit, property type, purpose (purchase or refinance with cash-out vs. no cash-out), occupancy (owner occupied, second home or investment) and points paid.  Rates are subject to change without notice. You will need to speak to one of our loan officers to obtain a specific quote or to lock a rate.


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Second Mortgage

Rates effective May 3, 2013
  Loan Type  Term  APR  Monthly Payment Per $1,000  Rate As Low As
Second MortgageUp to 5 years3.25%*$18.103.25%Calculator  
 Up to 10 years4.25%$10.264.25%   
 Up to15 years6.00%$8.466.00%   

The Annual Percentage Rate (APR) will be determined by your credit, Loan-to-Value and term. Some restrictions may apply. Consult your tax advisor to determine whether the interest is tax deductible.

*In our monthly payment example, with a loan of $100,000, for 5 years, multiply 18.10 x 100 = $1,810 per month; your loan will have a total cost of $108,600 ($1,810 x 60).


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HELOC (Home Equity Line of Credit)

Rates effective April 1, 2013
We have an introductory rate special of 2.99% APR for the first 12 months.
  Loan to Value Ratio  APR  Rate As Low As
< =75%5.00%*Prime - .50%   
75.01% - 85%5.00%*Prime   

Maximum Annual Percentage Rate (APR) APR under the Plan is 12%. Floor rate of 5% applies. All credit union rates and terms are based upon evaluation of applicant(s) credit. Your actual rate and margin may vary. The Annual Percentage Rate (APR) for these variable rate products is based upon the Wall Street Journal Prime Interest Rate rounded to the nearest ¼% (Index), plus the applicable margin. The maximum rate is 12% or the maximum permitted by law, whichever is less. The rate will never go below 5% APR (Floor Plan) at any time during the term of the plan, except during a discount period. The interest rate can change quarterly, up or down by a maximum of 1%. Homeowner’s insurance is required. Consult your tax advisor to determine whether the interest is tax deductible. Some restrictions may also apply.

* Floor Plan.


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Credit Cards

Visa® Cards

Rates effective October 19, 2012
  Visa  Term  APR  Rate As Low As
Visa GoldFixed12.9%12.9%   
Visa RewardsVariable monthlyPrime3.25%   
Visa (no annual fee)Variable monthly9.25%9.25%   

APR=Annual Percentage Rate.


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Savings

Money Markets & IRAs

Rates effective April 29, 2013
  Account Type  Min. Balance  Dividend Rate  APY
Money Market - Tier 1$2,500.05%.05%Calculator  
Money Market - Tier 2$20,000.10%.10%   
Money Market - Tier 3$100,000.15%.15%   
IRA Money Market - Tier 1$2,500.05%.05%   
IRA Money Market - Tier 2$20,000.10%.10%   
IRA Money Market - Tier 3$100,000.15%.15%   
IRA Account$5.05%.05%   

APY=Annual Percentage Yield. Rates may change at any time. Dividends are compounded and credited monthly.


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Certificates & IRAs

Rates effective June 21, 2013
  Account Type  Term  Min. Balance  Dividend Rate  APY
Certificates3 months$500.10%.10% Calculator  
 6 months$500.20%.20%   
 12 months$500.30%.30%   
 24 months$500.55%.55%   
 36 months$500.70%.70%   
 48 months$5001.00%1.00%   
 60 months$5001.09%1.10%   

APY=Annual Percentage Yield. All rates are subject to change without prior notice. Dividends are compounded and credited quarterly. A penalty may be charged for Certificate early withdrawal. Jumbo Certificates are also available. Rates, terms and disclosures also apply to IRA Certificates and individual retirement accounts. Jumbo Certificate rates will be the same as regular and IRA Certificates of the same term or type. STAR members are eligible for an additional .20% rate increase on new Certificates. Please ask for details.


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Savings and Checking

Rates effective October 19, 2012
  Account Type  Min. Balance  Dividend Rate  APY
Regular Savings*$5.05%.05%Calculator  
Special Purpose Club**-.05%.05%   
Interest Checking***$500.05%.05%   

APY=Annual Percentage Yield.

*All rates are subject to change without prior notice. Dividends are compounded and credited quarterly.

**All rates are subject to change. Special Purpose Club includes Summer Pay accounts. Dividends are compounded and credited quarterly.

***All rates are subject to change. Dividends are compounded and credit monthly.

For minimum required balance, please click here.


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