|
|
Rates
| Credit
Cards |
| MasterCard |
Visa Platinum
|
Visa Platinum
Rewards |
ANNUAL
PERCENTAGE RATE (APR) for Purchases,
Balance Transfers, and Cash Advances |
| Beacon 669 & Under |
| 14.50% |
13.50% |
14.50% |
| Beacon 670 to 729 |
| 13.50% |
11.50% |
13.50% |
| Beacon 730 & Above |
| 11.50% |
9.50% |
11.50% |
| Grace
Period for Repayment of Balances for Purchases |
| NONE |
25 days from statement of closing date for repayment of purchases to avoid finance charges |
25 days from statement of closing date for repayment of purchases to avoid finance charges |
| Method
of Computing the Balance for Purchases |
| Average Daily Balance (including new purchases) |
| Annual
Fee |
| NONE |
| Minimum Finance Charge |
| NONE |
| Late Payment Fee |
| If you fail to pay at least the min payment within 10 days after its due, you will pay a late charge equal to $30 |
| Over-the-Credit Limit Fee |
| NONE |
| Transaction
Fee for Balance Transfers |
| NONE |
| Transaction
Fee for Cash Advances |
| 3% with min of $10 and max of $50 |
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| Mortgages |
| Type |
Beacon
Score |
Rates |
APR |
Points |
1st
Mortgage
15 year fixed
Disclosure |
760
& above |
5.00%
|
5.039% |
0 |
1st
Mortgage
15 year fixed
Disclosure |
730
- 759 |
5.25% |
5.290% |
0 |
1st
Mortgage
15 year fixed
Disclosure |
660 - 729 |
5.50% |
5.540% |
0 |
| |
|
|
|
|
1st
Mortgage
30 year fixed
Disclosure |
760
& above |
5.50% |
5.523% |
0 |
1st
Mortgage
30 year fixed
Disclosure |
730
- 759 |
5.75% |
5.774% |
0 |
1st
Mortgage
30 year fixed
Disclosure |
660 - 729 |
6.00% |
6.024% |
0 |
| |
|
|
|
|
2nd
Mortgage
15 year fixed
Disclosure |
740
& above |
8.00% |
8.028% |
0
|
2nd
Mortgage
15 year fixed
Disclosure |
660
- 739 |
9.00% |
9.029% |
0 |
| Other
Loans |
Rate |
| BEACON
SCORE |
|
660
- 740 |
740
and over |
Home
Improvement
(United
Guaranty)
Disclosure |
|
as
low as 9.25% |
as
low as 9.00% |
Home
Equity
Disclosure |
|
9.00% |
8.00% |
Land/Lot
Loan
Disclosure |
|
11.00% |
10.00% |
Rental Property
Disclosure |
|
9.00% |
8.00% |
Condo
Disclosure |
|
10.00% |
9.00% |
Mobile
Home
Disclosure |
|
9.00% |
8.00% |
| Consumer
Loans |
| Type
of Loan |
Rate
(Rates
are listed as annual percentage rates) |
| The Annual Percentage Rates listed do not include an application fee of $10 which will be charged on each application or an Auto Refinance fee of $25. The Auto Refinance fee will only be charged when McCoy Federal Credit Union use the proceeds of your loan to pay off your existing auto loan at another financial institution. Your effective Annual Percentage Rate is based on the amount and term of your approved request. Your Annual Percentage Rate will be disclosed to you upon approval of your request. |
| BEACON
SCORE |
619
& below |
620
- 669 |
670
- 729 |
730
- 759 |
760
& above |
|
NEW
Auto
Up to 72 mo.
0-24% down
Up to 48 mo.
25-49%
down
Up to 36 mo.
50% plus down
|
12.50%
12.00%
11.50%
|
8.50%
8.00%
7.50%
|
6.50%
6.00%
5.50%
|
5.50%
5.00%
4.50%
|
5.00%
4.50%
4.00%
|
| USED
Auto |
13.50% |
9.50% |
7.50% |
6.50% |
6.00% |
| RVs,
Travel Trailers - NEW |
15.00% |
11.00%
|
9.00% |
8.00% |
7.50% |
| RVs,
Travel Trailers - USED |
15.75% |
11.75% |
9.75% |
8.75% |
8.25% |
| Boats
- NEW |
14.25% |
10.25% |
8.25% |
7.25% |
6.75% |
| Boats
- USED |
15.00% |
11.00% |
9.00% |
8.00% |
7.50% |
| Line
of Credit |
18.00% |
14.00% |
12.00% |
11.00% |
10.50% |
UCC-1
(Household
Items) |
18.00% |
16.00% |
14.00% |
13.00% |
12.50% |
Other
Secured
(48-Mo.
Max)
|
18.00% |
14.50% |
12.50% |
11.50% |
11.00% |
| Unsecured
|
18.00% |
15.00% |
13.00% |
12.00% |
11.50% |
| Share
Secured |
3.50% |
3.50% |
3.50% |
3.50% |
3.50% |
| Share
Certificate |
Interest
rate equal to 2% above certificate rate or the Share Secured Rate, whichever is higher. |
|
Motorcycle
NEW
|
1%
above new auto |
1%
above new auto |
1%
above new auto |
1%
above new auto |
1%
above new auto |
Motorcycle
USED |
1%
above used auto |
1%
above used auto |
1%
above used auto |
1%
above used auto |
1%
above used auto |
| The
actual Annual Percentage Rate for a loan advance is based upon
your beacon score and/or estimated term of loan and will be
disclosed to you when you apply for an advance. |
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| Disclaimer |
| All rates are shown as Annual Percentage Rates, and are subject to change without notice. |
| Savings |
| Account |
Rate |
Annual
Percentage Yield |
| Balances of $50 and more
|
0.25% |
0.2502% |
| Anticipated rates Third Quarter 2010. All rates subject to change after account is opened. Minimum to open account is $10. Fees could reduce earnings. |
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| Share
Certificates |
| Term |
Balance |
Annual
Percentage Yield |
| 6 Months
|
$1000 - $4999 |
0.8029% |
| 6 Months
|
$5000 - $24999 |
1.0551% |
| 6 Months
|
$25,000 - $99,999 |
1.3078% |
| 6 Months
|
$100,000 + |
1.3584% |
| 12 Months
|
$1000 - $4999 |
0.8533% |
| 12 Months
|
$5000 - $24,999 |
1.1056% |
| 12 Months
|
$25,000 - $99,999 |
1.3584% |
| 12 Months
|
$100,000 + |
1.4090% |
| 24 Months
|
$1000 - $4999 |
0.9037% |
| 24 Months
|
$5000 - $24,999 |
1.1561% |
| 24 Months
|
$25,000 - $99,999 |
1.4090% |
| 24 Months
|
$100,000 + |
1.4597% |
| 30 Months
|
$1000 - $4999 |
0.9541% |
| 30 Months
|
$5000 - $24,999 |
1.2066% |
| 30 Months
|
$25,000 - $99,999 |
1.4597% |
| 30 Months
|
$100,000 + |
1.5104% |
| 36 Months
|
$1000 - $4999 |
1.1056% |
| 36 Months
|
$5000 - $24,999 |
1.3584% |
| 36 Months
|
$25,000 - $99,999 |
1.6118% |
| 36 Months
|
$100,000 + |
1.6625% |
| 60 Months
|
$1000 - $4999 |
1.2066% |
| 60 Months
|
$5000 - $24,999 |
1.4597% |
| 60 Months
|
$25,000 - $99,999 |
1.7133% |
| 60 Months
|
$100,000 + |
1.7641% |
| Rates effective as of 08-16-10. $1000 minimum to open. Substantial penalty for early withdrawal. Rates are subject to change without notice. |
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| IRAs
|
| Account |
Rate |
Annual
Percentage Yield |
| IRA |
1.00% |
1.0046% |
| Dividend rate for Third Quarter 2010. All rates subject to change after account is opened. There is no minimum balance to open account. |
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| MMSAs
|
| Account |
Rate |
Annual
Percentage Yield |
| Balances of $1,000 and more |
0.65% |
0.6519% |
| Dividend rate as of 06-01-10. Rate subject to change monthly. Ask for current rate. Minimum to open account is $1,000. Fees could reduce earnings. |
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