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Effective Business Date: 09 May 2008
Savings
Consumer Loans
Mortgage Loans
| Dividend Rates Declared For: May 2008 | | | Rate | APY* | | Savings | 1.00 | 1.00 | | Checking | 0.25 | 0.25 | | IRA | 1.00 | 1.00 | | Clubs | 1.00 | 1.00 |
*APY Annual Percentage Yield
Note: All rates are subject to change without notice.
Note: The Board of Directors has declared a
1.00% Bonus Dividend and a 1.00% Interest Refund for 2007.
| Money Market Accounts: | | | Rate | APY* | | $2,500 - $24,999 | 1.49 | 1.50 | | $25,000 - $49,999 | 1.73 | 1.75 | | $50,000 + | 2.13 | 2.15 | *APY Annual Percentage Yield
Note: All rates are subject to change without notice.
Money Market Account Minimum Balance: $2500.00 |
| Share Certificate Rates | | Term | Rate | APY | | 3 Month | 2.18 | 2.20 | | 6 Month | 2.27 | 2.30 | | 9 Month | 2.27 | 2.30 | | 12 Month | 2.37 | 2.40 | | 18 Month | 2.47 | 2.50 | | 24 Month | 2.47 | 2.50 | | 30 Month | 2.47 | 2.50 | | 36 Month | 2.47 | 2.50 | | 42 Month | 2.57 | 2.60 | | 60 Month | 2.96 | 3.00 | Minimum Balance: $500 | | Share certificate dividends are compounded daily and credited monthly. Early withdrawal penalties apply. Go to Schedule of Fees & Service Charges for further details |
| Consumer Loan Rates As Low As:1 | | Loan Type | Variable Rate
APR2 | Index | Margin | Current | Fixed Rate APR2 | | Checking Line of Credit | 10.75% | Wall Street Journal (WSJ) Prime | 5.50% | 10.75% | N/A | | VISA Student Classic® Credit Card3,5 | 5.90% | WSJ Prime | 6.15% | 11.40% | N/A | | VISA Classic® Credit Card3,5 | 5.90% | WSJ Prime | 6.15% | 11.40% | N/A | | VISA Gold® Credit Card3,5 | 5.90% | WSJ Prime | 5.15% | 10.40% | N/A | | VISA Platinum® Credit Card4,5 | 0.00% | WSJ Prime | 4.15% | 9.40% | N/A | | Signature | 7.50% | WSJ Prime | 1.50% | N/A | 8.95% | | 90 Days Same as Cash | 0.00%/8.75% | WSJ Prime | 3.75% | N/A | N/A | | Debt Consolidation | 10.00%-13.00% | WSJ Prime | 4.00%-7.00% | N/A | 12.00%-15.00% | | Home EquityAccess | N/A | N/A | N/A | N/A | 6.95% | | Home Improvement | 7.00% | WSJ Prime | 1.00% | N/A | 7.75% | | Overseas Home | 7.50%-9.50% | WSJ Prime | 1.50%-3.50% | N/A | 8.95%-10.95% | | Education | 7.00% | WSJ Prime | 1.00% | N/A | 7.75% | | Auto (secured) | 4.00% | WSJ Prime | -1.50% | N/A | 5.50%6 | | Auto (outside U.S.) | 6.25% | WSJ Prime | 0.50% | N/A | 7.25% | | Savings Secured | 2.50% | Savings Rate | 1.50% | N/A | N/A | | Share Certificate Secured | Share Certificate Dividend Rate +1.5% | Share Certificate Rate | 1.50% | N/A | N/A | | U.S. Federal Government Education Loans7 | Call For Rate | N/A | N/A | N/A | N/A | | Rates are subject to change without prior notice. Current WSJ Prime is 5.00% | 1. Annual Percentage Rate
2. Rates quoted are for 'A' credit members. Creditworthiness will determine actual APR.
3. Six (6) Month Introductory Rate.
4. Three (3) Month Introductory Rate.
5. Late payment fee for VISA credit cards is US $10. Over-the-limit fee for VISA credit cards is US $10.
6. Rates may be discounted by 0.25% for every 5% down payment, up to a maximum of 1% discount.
7. For eligible students and parents - US government determines eligibility. Call for a brochure or contact your college financial aid office for further information.
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| Mortgage Loan Rates | | Loan Type | Points1 | Rate | APR | Jumbo
Rate2 | Jumbo
APR | Max.
LTV | | 1 Yr. ARM3(1/1) | 0 | 4.750 | 4.53 | 5.125 | 4.90 | 100% | | 2 | 4.250 | 4.66 | 4.625 | 5.03 | 100% | | 3 Yr. ARM (3/3) | 0 | 5.375 | 5.19 | 5.750 | 5.56 | 100% | | 2 | 4.875 | 5.25 | 5.250 | 5.62 | 100% | | 5 Yr. ARM (5/1) | 0 | 5.500 | 4.88 | 5.875 | 5.26 | 103% | | 2 | 5.000 | 4.87 | 5.375 | 5.25 | 103% | | 10 Yr. ARM (10/1) | 0 | 5.750 | 5.31 | 6.125 | 5.69 | 103% | | 2 | 5.250 | 5.17 | 5.625 | 5.55 | 103% | | 7/23 ARM | 0 | 5.625 | 6.00 | 6.000 | 6.37 | 103% | 7 Yr. Balloon 2nd Home /
Vacation Home | 0 | 5.750 | 6.04 | 6.125 | 6.41 | 75% | | 10 Year Fixed | 0 | 5.250 | 5.26 | 5.625 | 5.63 | 103% | | 2 | 4.750 | 5.20 | 5.125 | 5.57 | 103% | | 15 Year Fixed | 0 | 5.375 | 5.38 | 5.750 | 5.76 | 103% | | 2 | 4.875 | 5.19 | 5.250 | 5.57 | 103% | | 20 Year Fixed | 0 | 5.750 | 5.76 | 6.125 | 6.13 | 103% | | 2 | 5.250 | 5.50 | 5.625 | 5.88 | 103% | | 25 Year Fixed | 0 | 5.875 | 5.88 | 6.250 | 6.25 | 103% | | 2 | 5.375 | 5.59 | 5.750 | 5.97 | 103% | | 30 Year Fixed4,5 | 0 | 5.875 | 5.88 | 6.250 | 6.25 | 103% | | 2 | 5.375 | 5.56 | 5.750 | 5.94 | 103% | EquityLoan / Fixed Rate
2nd Mortgages6 | 0 | 7.750 | 7.75 | N/A | N/A | 100% | | EquityLine7 | 0 | 4.950 | 4.95 | N/A | N/A | 100% |
Rates and terms are subject to change without prior notice. This rate sheet does not constitute a commitment. Rates and points can only be locked upon receipt of a completed Rate Lock Agreement and a lock-in deposit.
1. Consult a Mortgage Representative for additional rate discount options. (One point = 1% of the loan amount.)
2. Jumbo rates apply for loan amounts over $500,000 for adjustable rate mortgages, and over $417,000 for fixed rate mortgage loans on single-family properties.
3. For adjustable rate terms, rates quoted are based on a 30-year term. 15 year terms are available at 0.25% less than the 30-year rate
4. For Coops, maximum LTV is 90%. LTVs greater than 80% may require private mortgage insurance. Maximum LTVs can vary depending on property location. Mortgages on Coops are available for 15 and 30 year terms at a fixed rate based on pricing for 1-4 family and condominium properties increased by .125% or the same fixed rates on other property types with a collection of .50% origination points in addition to any discount points.
5. InterestFirst mortgages are available for the 30 year fixed mortgage product. An additional .375% is added to the current 30-year rate for LTVs up to 90%. For LTVs greater than 90% an .625% should be added.
6. Rates quoted for LTV < 80%. Rates vary based on LTV. Consult a Mortgage Representative for your eligibility.
7. The EquityLine rate is a 12 month introductory rate. Thereafter, your interest rate will adjust quarterly based on an index of the Wall Street Journal (WSJ) Prime Rate and a margin. Margins range from 0% to 1.0% based on loan to value. Current WSJ Prime Rate is 5.00% effective 5/1/2008. Consult a Mortgage Representative to determine your eligibility. 2% annual rate cap and maximum lifetime rate of 15% apply. |
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