Rates

Rates effective as of 07/18/2017.  All Rates Subject to Change.

 

 Savings

Type Minimum Deposit Rate APY*
Savings $25.00 0.40% 0.40%
Checking  $1,000 to earn interest  0.15% 0.15%
Christmas Club 0.40% 0.40%
Vacation Club  0.40% 0.40%
Money Market  $10,000 to earn higher rate of interest  0.75% 0.75%
IRA Savings  2.25% 2.27%

*APY = Annual Percentage Yield

Certificates of Deposit**

Certificates $500.00 $1000.00 $2500.00 $10,000 $25,000
Term Rate APY* Rate APY* Rate APY* Rate APY* Rate APY*
3 Month 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40%
6 Month 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50%
12 Month 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.90% 0.90% 0.90% 0.90%
24 Month 1.00% 1.00% 1.00% 1.00% 1.05% 1.05% 1.05% 1.05% 1.25% 1.26%
36 Month 1.00% 1.00% 1.00% 1.00% 1.05% 1.05% 1.25% 1.26% 1.35% 1.36%

 

CD Special Term Rate APY* Details
Youth** 12 Month 1.00% 1.00% Maximum deposit of $10,000 per member

*APY = Annual Percentage Yield

**Interest compounded quarterly.  A penalty may be imposed for early withdrawal on certificates.  IRA funds may be placed in any Certificate of Deposit.

Auto Loans

New Auto APR* for A APR* for B APR* for C APR* for D APR* for E
36 Months 2.00% 2.75% 4.75% 8.75% 9.75%
48 Months 2.00% 3.50% 5.00% 9.50% 10.50%
60 Months 2.00% 3.80% 5.75% 10.00% 11.00%

 

Program Cars APR* for A APR* for B APR* for C APR* for D APR* for E
36 Months 2.40%  3.00% 5.25% 9.25% 10.25%
48 Months  2.70% 3.75% 6.00% 10.00% 11.00%
60 Months  2.80% 4.00% 6.25% 10.50% 11.50%

 

2014 – 2016 APR* for A APR* for B APR* for C APR* for D APR* for E
36 Months  2.50% 3.00% 6.25% 10.25% 11.25%
48 Months 2.75% 3.75% 6.30% 10.35% 11.35%
60 Months 2.85% 4.00% 6.35% 10.50% 11.50%

 

2012 – 2013 APR* for A APR* for B APR* for C APR* for D APR* for E
36 Months  2.90% 4.00% 6.25% 10.25% 11.25%
48 Months  2.95% 4.15% 6.75% 10.75% 11.75%
60 Months  3.00% 4.25% 7.00% 11.00% 12.00%

 

2009 – 2011 APR* for A APR* for B APR* for C APR* for D APR* for E
24 Months  3.25% 4.00% 7.25% 11.25% 12.25%
36 Months 3.50% 4.25% 7.50% 11.50% 12.50%
48 Months 3.75% 4.50% 7.75% 11.75% 12.75%

 

2007- 2008 APR* for A APR* for B APR* for C APR* for D APR* for E
24 Months  3.25% 6.50% 8.25% 11.75% 14.00%
36 Months 3.75% 6.60% 8.75% 13.00% 16.00%
48 Months 4.00% 6.75% 9.25% 13.25% 17.25%

 

2006 and older APR* for A APR* for B APR* for C APR* for D APR* for E
12 Months  3.50% 6.75% 8.00% 12.00% 14.00%
24 Months 3.75% 7.00% 8.25% 12.25% 14.25%
36 Months 4.75% 7.25% 9.75% 13.75% 17.25%

*APR = Annual Percentage Rate

Credit Levels
A  700+
B  650-699
C  600-649
D  550-599
E  up to 549

Line of Credit Loans

Lines of Credit Terms APR* for A APR* for B APR* for C APR* for D APR* for E
Member Select Loan Maximum Term $1,000
$60.00 monthly due on 28th
$100 min advance
6.75% 9.00% 11.50% 12.50% 13.50%
Signature Loan Maximum Term $5,000
Minimum $40.  $3.50 per $100
Due on 28th.  $100 min advance
7.75% 11.00% 16.50% 17.50% 19.00%
Personal Loan 12 Months 5.50% 8.75% 9.75% 10.75% 12.75%
24 Months 6.50% 9.75% 12.75% 13.75% 15.75%
36 Months 7.25% 10.25% 15.25% 16.25% 18.25%
48 Months 8.25% 12.25% 16.25% 17.25% 18.75%
60 Months 9.25% 13.25% 17.25% 18.25% 20.75%

*APR = Annual Percentage Rate

Credit Levels
A  700+
B  650-699
C  600-649
D  550-599
E  up to 549

Secured Loans

Secured Loans Term APR* for A APR* for B APR* for C APR* for D APR* for E
Share Secured 3 Years 100% of balance.  2.50% above earnings.  Coincide with account.
Home Secured 3 Years 3.75% 4.25% 6.00% 6.75% 8.75%
5 Years 4.00% 4.50% 6.25% 7.00% 9.00%
7 Years 4.25% 4.75% 6.50% 8.00% 10.00%
10 Years 4.50% 5.00% 6.75% 8.50% 10.50%
Done in 10** 4.00% 5.00% 6.00% 7.00% 8.00%

*APR = Annual Percentage Rate

**Refinances of current mortgages and home equity loans with no cash out, member pays appraisal, title search, flood certification and recording fees, property insurance is required, owner occupied dwelling in Iowa.

 

Credit Levels
A  700+
B  650-699
C  600-649
D  550-599
E  up to 549