Whatever your funding needs, your credit union can help. For Mortgages rates, please visit our Mortgage CenterOpens in New Window, and for Home Equity rates, please see our Home Equity lending products.
Visit our Mortgage CenterOpens in New Window for First Mortgage and Home Equity Loan terms and rates.
Term | New Auto APR* | Used Auto APR* |
---|---|---|
36 Months | 2.375% | 2.375† |
48 Months | 2.375% | 2.375%† |
60 Months | 2.875% | 2.875%† |
72 Months | 2.875% | 2.875%† |
84 Months** | 3.625% | 3.625%†† |
Charges & Fees | Terms |
---|---|
Purchase, Balance Transfer and Cash Advance APR* | 9.65%-18.00% When you open your account, determined by your credit worthiness.1 After that, APR will vary with the market based on the Prime Rate and a margin determined by credit history. |
How to Avoid Paying Interest on Purchases | LFCU allows you 25 days to make a payment for charges of merchandise and/or services. When the billing cycle beginning balance is $0.00 you avoid paying interest. |
Minimum Finance Charge | There will be up to a $1.00 minimum finance charge assessed. |
For Credit Card Tips from the Consumer Financial Protection Bureau | To learn more about factors to consider when applying for or using a credit card, visit the website of the Consumer Financial Protection Bureau at: http://www.consumerfinance.gov/learnmore |
Annual Fee | None. |
Balance Transfer Fee | 3% of each balance transferred, or $30.00, whichever is greater. |
Cash Advance Fee | Either $2.00 or 2% of the amount of each cash advance, whichever is greater. |
Foreign Transaction Fee | None. |
Late Payment Fee | Up to $25.00 |
Over the Credit Limit Fee | None. |
Returned Payment Fee | Up to $25.00 will be assessed and added to your balance if the minimum payment is not received within 5 days following the payment due date. |
Card Replacement Fee | Up to $5.00 |
Balance Computation Method | Average Daily Balance |
Type | APR* | Term | Amount |
---|---|---|---|
Share Secured | Dividend Rate +2.00% | Up to 15 years | Up to Share Balance*** |
Credit Builder | Dividend Rate +3.00% | Up to 7 years | Up to $5‚000 |
Certificate Secured | Dividend Rate +2.00% | Up to Certificate maturity date | Up to Certificate Balance |
Line of Credit** | 9.99% | Revolving† | $500 - $30,000 |
Signature** | 7.99% | Up to 84 months | $500 - $50,000 |
APR* as low as | Term | Amount (up to 75% Purchase Price or Value) |
---|---|---|
4.50% | Up to 5 Years | $5,000 to $20,000 |
4.50% | Up to 10 Years | $20,001+ to $75,000 |
5.00%** | Up to 15 Years | $75,001+ to $150,000 |
5.00%** | Up to 15 Years | $150,001 to $350,000 |
5.00%*** | Up to 20 Years | $150,001 to $350,000 (restricted to house boats and RVs) |
Term | APR* |
---|---|
36 Months | 6.25% |
48 Months | 6.75% |
60 Months | 7.25% |
2021 Cost of FundsRounded up to the nearest quarter percent. | ||
Month | Rate | |
---|---|---|
January | 1.50% | |
February | 1.50% | |
March | ||
April | ||
May | ||
June | ||
July | ||
August | ||
September | ||
October | ||
November | ||
December |
Historical Cost of FundsRounded up to the nearest quarter percent. | |||||
Month | 2016 | 2017 | 2018 | 2019 | 2020 |
---|---|---|---|---|---|
January | 0.75% | 0.75% | 0.75% | 1.25% | 1.50% |
February | 0.75% | 0.50% | 0.75% | 1.25% | 1.50% |
March | 0.75% | 0.50% | 0.75% | 1.25% | 1.50% |
April | 0.50% | 0.50% | 0.75% | 1.25% | 1.50% |
May | 0.50% | 0.50% | 0.75% | 1.25% | 1.50% |
June | 0.50% | 0.75% | 0.75% | 1.25% | 1.50% |
July | 0.50% | 0.75% | 0.75% | 1.25% | 1.50% |
August | 0.50% | 0.75% | 0.75% | 1.25% | 1.50% |
September | 0.50% | 0.75% | 0.75% | 1.25% | 1.50% |
October | 0.50% | 0.75% | 1.00% | 1.25% | 1.50% |
November | 0.50% | 0.75% | 1.25% | 1.50% | 1.50% |
December | 0.50% | 0.75% | 1.25% | 1.50% | 1.50% |
For Mortgages and Home Equity products, please apply at our Mortgage CenterOpens in New Window.
Knowledge is power. Be in the know for financial betterment.
Enjoy our 1.00% APY² Checking Account Bonus — earn an outstanding rate with simple terms.
Maximize your hard-earned dollars
Our members have access to Co-Op Network Shared Branches & ATMs for all basic transaction needs.
Access branches and ATMs nationwide
Visit one of our eight branch locations, conveniently located in DC, Maryland and Virginia.
Schedule a branch visit today