| |
Savings Rates | Loan Rates | Mortgage Loan Rates | Vehicle Loan Rates | Disclosures
Share & Certificate
Rates
As of May 7, 2008
| |
Minimum
Balance to
Open |
Minimum to
Earn APY |
Dividend
Rate |
Annual
Percentage
Yield (APY) |
| Prime Share Acct. |
$50 |
$50 |
0.50% |
0.501% |
| e-Access Account |
$5 |
N/A |
0.75% |
0.752% |
| Share Access Acct. |
$5* |
N/A |
0.25% |
0.250% |
Savings Club Acct.
$0 - $19,999
$20,000+ |
$50
$20,000
|
$50
$20,000
|
|
2.28%
2.78%
|
Individual Retirement
Accounts (IRA) |
$50 |
N/A |
2.50% |
2.524% |
| One-year Share Certificate & IRA Account |
$500
|
$500
|
2.97%
|
3.00%
|
| 7-month Share Certificate |
$500 |
$500 |
2.97% |
3.00% |
Share Certificate Flex & IRA Flex Accounts
18-month
term
3-year term
5-year term |
|
$500
$500
$500
|
2.71%
2.72%
2.74%
|
2.74%
2.75%
2.77%
|
Investor's Acce$$
Account
1st $50,000.00
2nd $50,000.00
next
$150,000.00
next $250,000.00 -
$99,999,999.99 |
$50,000
|
$50,000
|
2.75%
2.90%
3.15%
3.55%
|
2.78%
2.78-2.86%
2.86-3.05%
3.05-3.58%
|
| The Investor's Acce$$ Account is a tiered-rate
account with different rates applied to the different tiers. Member must maintain at least
$50,000 in the account to earn dividends on this account. |
|
*Plus cost of draft style
selected
Savings Accounts - dividends
are compounded and paid quarterly on the first day
of the next dividend period. Dividend Rates and APYs
are variable and are subject to change. Certain fees
and charges may apply to your share account as disclosed
in the current Schedule of Fees. Assessed fees may
reduce earnings.
Share Certificate & IRA Flex
Accounts - dividends are compounded and paid quarterly
on the first day of the next dividend period. A penalty
may apply if the certificate is redeemed prior to
maturity. Certificates will automatically renew upon
maturity unless otherwise stipulated by the member. |
Loan Rates
Effective May 7, 2008
Loan
Type |
Annual
Percentage Rate |
Repayment
Schedule or Payment |
Amount |
| New/Used Autos
& Motorcycles |
See
Vehicle Loan Rate Schedule below or click here |
36 - 84 months |
Up
to 100% of M.S.R.P. including taxes, tags, titling
fees and extended warranties. Used vehicles based
on industry valuation sources suggested retail
price |
| Share Secured |
2.00% above LFCU
dividend rate; adjusted with dividend rate |
Up to 7 years |
Up
to balance in Prime Share or Savings Club account*** |
| Share Certificate |
2.00% APR above
LFCU dividend rate; adjusted with dividend rate |
Term not to exceed
certificate maturity date |
Up
to value of certificate at time of borrowing (including
accrued dividends) |
| Line of Credit |
As low as 12.00% |
$30 per $1,000
borrowed, monthly |
$500
- $30,000 |
| Signature |
As low as 9.00%** |
Up to 48 months |
$500
- $30,000 |
| Education Assistance |
10.00%
11.00%
12.00% |
1 year
3 year
5 year |
Up
to $10,000 per year with a total loan maximum
of $20,000 per student; for books and/or tuition
only |
MasterCard
Platinum, Gold & Classic |
9.90% (Platinum Cardholders)^
12.00% (balances
over $2,500)
14.00% (balances up to $2,499)
No Annual Fee |
$30 or 2% of balance,
monthly;
25-day grace period on purchases |
$500
- $50,000
(Limits under $2,000 receive Classic MasterCards) |
| Mortgage &
Home Equity |
A variety of products
are available; see Mortgage
Loan Descriptions |
Fixed and Adjustable
Rate Program |
Up
to 100% of appraised value |
Luxury Leisure
Vehicle
(Boats, RV's & airplanes) |
Prime plus 2%; at time of approval; rate adjusted
every 36 months; will not increase or decrease
more than 2% per adjustment |
8 yrs = up to
$50,000
10 yrs = $50,001 - $100,000 |
90%
of purchase price, up to $100,000. Vehicles for
personal, non-business use only |
|
Annual percentage rate
and terms subject to change without notice.
*Stated APR is the lowest
rate available for qualified members. Actual rate may be
higher based on income and credit worthiness.
** Stated APR reflects 0.25% discount for automatic debit
from share access account.
***Rate based on dividend tier at time of origination.
^ - Restrictions apply. Minimum credit limit and credit score required to quality for Platinum Card.
New Auto Interest Rate Schedule
| Term |
Annual
Percentage Rate as low as* |
| 36 Months |
4.50% |
| 48 Months |
5.00% |
| 60 Months |
5.50% |
| 72 Months** |
6.00% |
| 84 Months** |
6.50% |
|
Used Auto Interest Rate Schedule
| Term |
Annual
Percentage Rate as low as* |
| 36 Months |
5.50% |
| 48 Months |
6.00% |
| 60 Months |
6.50% |
|
Motorcycle Interest Rate Schedule
| Term |
Annual
Percentage Rate as low as* |
| 36 Months |
6.50% |
| 48 Months |
7.00% |
| 60 Months |
7.50% |
|
* Stated APR is the
lowest rate available for qualified members and reflects
.25% discount for automatic debit from share access account.
Actual rate may be higher based on income and credit worthiness.
**$30,000.00 minimum purchase price required for vehicle
loan of 72 to 84 months.
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