Rates and Fees
|Type of Loan||Term||Rates as low as|
|Loans with Collateral (Cars, Trucks, Boats, etc.)||36 Months||2.74% APR*† $28.97 monthly payment per $1000 borrowed|
|Loans with Collateral (Cars, Trucks, Boats, etc.)||48 Months||2.74% APR*† $22.03 monthly payment per $1000 borrowed|
|Loans with Collateral (Cars, Trucks, Boats, etc.)||60 Months||2.99% APR*† $17.97 monthly payment per $1000 borrowed|
|Loans with Collateral (Cars, Trucks, Boats, etc.)||72 Months||3.49% APR*† $15.42 monthly payment per $1000 borrowed|
|Loans with Collateral (Cars, Trucks, Boats, etc.)||84 Months||4.49% APR*† $13.90 monthly payment per $1,000 borrowed|
|Signature||Terms May Vary||8.95% APR*†|
|Kwik Cash||Line of Credit||18.0% APR*|
|Savings Secured||Terms May Vary||Savings Rate +4%|
*APR=Annual Percentage Rate. Rates, terms and conditions vary based on credit, qualifications and collateral and are subject to change without notice. Rates effective as of 3/6/2020. All loans are subject to approval.
|ACCOUNT||MINIMUM AMOUNT TO EARN DIVIDENDS||DIVIDEND RATE||APY*||COMPOUND|
|Cha Ching™ Checkingǂ||$0.01 - $25,000.00||1.98%||2.00%||Monthly|
|Cha Ching™ Checkingǂ||$25,000.01 +||0.25%||0.25%||Monthly|
|Cha Ching™ Checkingǂ||Non-Qualifying Rate||0.25%||0.25%||Monthly|
|Business Premium Checking**||$5,000 - $24,999.99||0.20%||0.20%||Monthly|
|Business Premium Checking**||$25,000 - $49,999.99||0.30%||0.30%||Monthly|
|Business Premium Checking**||$50,000 +||0.40%||0.40%||Monthly|
|Business Elite Checking||$5,000 +||0.25%||0.25%||Monthly|
ǂCha Ching™ checking qualification requirements: Login to online banking at least once per month; Sign up & receive free eStatements; ACH direct deposit(s) totaling at least $400 post & clear monthly; 12 debit card purchases of at least $5 post & clear monthly. Fees may reduce earnings.
|Term||Minimum amount to
$5,000 minimum deposit to open and earn dividends.
*APY=Annual Percentage Yield, effective 3/18/2020. Penalty on earnings for early withdrawal, fees may reduce earnings. Rates subject to change without notice. Rates do not apply to institutional or government deposits.
Individual Retirement Accounts (IRA) - It is your responsibility to ensure the contributions, distributions, and other actions related to your IRA comply with the law, including federal tax law. As always, we recommend consulting a legal or tax professional if you have any questions about managing your IRA.
|Account||Term||Minimum Amount To
|Members Choice (Cert/IRA)
Direct Deposit Only
|Certificates / IRA||3 to 5 Months||$1,000.00||0.40%||0.40%||Quarterly|
|Certificates / IRA||6 to 11 Months||$1,000.00||1.00%||1.00%||Quarterly|
|Certificates / IRA||12 to 17 Months||$1,000.00||1.24%||1.25%||Quarterly|
|Certificates / IRA||18 to 23 Months||$1,000.00||1.34%||1.35%||Quarterly|
|Certificates / IRA||24 to 35 Months||$1,000.00||1.69%||1.70%||Quarterly|
|Certificates / IRA||36 to 47 Months||$1,000.00||1.84%||1.85%||Quarterly|
|Certificates / IRA||48 to 59 Months||$1,000.00||1.94%||1.95%||Quarterly|
|Certificates / IRA||60 Months||$1,000.00||2.03%||2.05%||Quarterly|
|IRA- Savings||Open Deposit||$25.00||0.25%||0.25%||Monthly|