 |
|
|
Current Rates
Savings Rates
| Savings Accounts |
| Effective Date: 6/1/2010 |
| Account Type | Rate* | APY** | Minimum |
| Savings Accounts |
0.25% |
0.25% |
$5.00 |
| Special Secondary Savings Accounts |
0.25% |
0.25% |
n/a |
| Holiday & Vacation Club Accounts |
0.25% |
0.25% |
n/a |
| Business Savings Accounts |
0.25% |
0.25% |
$5.00 |
| Traditional Checking |
n/a |
n/a |
n/a |
| Green Checking |
0.50% |
0.50% |
n/a |
| Business Checking |
n/a |
n/a |
n/a |
| Individual Retirement Accounts (IRA) |
0.50% |
0.50% |
n/a |
| *Minimum balance must be met to earn dividend. **Annual Percentage Yield |
| Advantage Checking Accounts & Elite Business Checking Accounts |
| Effective Date: 8/1/2010 |
| Minimum | Rate* | APY** |
| $5,000.00 |
0.25% |
0.25% |
| $25,000.00 |
0.50% |
0.50% |
| $50,000.00 |
0.50% |
0.50% |
| *Minimum balance must be met to earn dividend. **Annual Percentage Yield |
| Preferred Savings Accounts & Business Preferred Savings Accounts |
| Effective Date: 8/1/2010 |
| Minimum | Rate* | APY** |
| $2,500.00 |
0.25% |
0.25% |
| $10,000.00 |
0.25% |
0.25% |
| $25,000.00 |
0.50% |
0.50% |
| *Minimum balance must be met to earn dividend. **Annual Percentage Yield |
| Safe & Secure Money Market Accounts |
| Effective Date: 6/1/2010 |
| Minimum | Rate* | APY** |
| $5,000.00 |
0.25% |
0.25% |
| $25,000.00 |
0.50% |
0.50% |
| *The Safe & Secure Money Market Accounts are non-Tiered Rate accounts and are considered separate products. If the balance drops below the minimum balance required on either product, the Dividend Rate will revert to the Dividend Rate paid on Regular Share Accounts. Member is required to open a separate Money Market Account to earn the rate that reflects the balance of the account. Dividend Rates will not automatically fluctuate with the balance of the account. **Annual Percentage Yield. |
| Term Share Accounts |
| Effective Date: 5/3/2010 |
| Term | Rate | APY** |
| 3-Month Term Share Account* |
0.25% |
0.25% |
| 6-Month Term Share Account/ IRA Term Share Account * |
0.50% |
0.50% |
| 9-Month Term Share Account * |
0.50% |
0.50% |
| 12-Month Term Share Account/ IRA Term Share Account * |
0.75% |
0.75% |
| 18-Month Term Share Account/ IRA Term Share Account * |
0.75% |
0.75% |
| 24-Month Term Share Account/ IRA Term Share Account * |
1.24% |
1.25% |
| 30-Month Term Share Account * |
1.24% |
1.25% |
| 36-Month Term Share Account/ IRA Term Share Account * |
1.74% |
1.75% |
| 48-Month Term Share Account/ IRA Term Share Account * |
1.98% |
2.00% |
| 60-Month Term Share Account/ IRA Term Share Account * |
2.47% |
2.50% |
| *Minimum balance of $1,000.00. **Annual Percentage Yield |
Consumer Loans
| New (2010) Cars, Trucks, Vans, Motorcycles, and Boats |
| Effective Date: 7/15/2010 |
| Term | APR as low as* | Maximum | Minimum |
| 24 Months |
2.99% |
|
|
| 36 Months |
2.99% |
|
|
| 48 Months |
3.99% |
|
|
| 60 Months |
3.99% |
|
|
| 72 Months |
3.99% |
$50,000.00 |
$15,000.00 |
| 84 Months |
6.00% |
$50,000.00 |
$20,000.00 |
| * No Money Down |
| Used (2009 & Older) Cars, Trucks, Vans, Motorcycles, and Boats |
| Effective Date: 7/15/2010 |
| Term | APR as low as* | Maximum | Minimum |
| 24 Months |
2.99% |
|
|
| 36 Months |
2.99% |
|
|
| 48 Months |
3.99% |
$50,000.00 |
$5,000.00 |
| 60 Months |
3.99% |
$50,000.00 |
$10,000.00 |
| * No Money Down |
| New (2010) Recreational Vehicles |
| Effective Date: 7/15/2010 |
| Term | APR as low as* | Maximum | Minimum |
| 24 Months |
8.50% |
|
|
| 36 Months |
8.75% |
|
|
| 48 Months |
9.00% |
|
|
| 60 Months |
9.25% |
|
|
| 72 Months |
9.50% |
$50,000.00 |
$10,000.00 |
| 84 Months |
9.75% |
$50,000.00 |
$15,000.00 |
| * Maximum Loan-to-Value is 50% |
| Used (2009 & Older) Recreational Vehicles |
| Effective Date: 7/15/2010 |
| Term | APR as low as* | Maximum | Minimum |
| 24 Months |
8.75% |
|
|
| 36 Months |
9.00% |
|
|
| 48 Months |
9.25% |
|
|
| 60 Months |
9.50% |
|
|
| * Maximum Loan-to-Value is 50% |
| Line-of-Credit Loans |
| Effective Date: 7/15/2010 |
| Card Type | APR | Notes |
| VISA Platinum Credit Card |
as low as 8.50 |
Fixed APR, 25-Day Grace Period on Purchases/Min. $7,500 |
| VISA Classic Credit Card |
as low as 11.99 |
Fixed APR, 25-Day Grace Period on Purchases |
| Unsecured Loans |
| Effective Date: 7/15/2010 |
| Product | APR as low as | Maximum |
| Signature |
8.50% |
24 Months |
| Signature |
9.00% |
36 Months |
| Signature |
9.50% |
48 Months |
| Signature |
10.00% |
60 Months |
| Other Secured Loans |
| Effective Date: 7/15/2010 |
| Product | Rate |
| Share-Secured |
8.250% - Maximum term limited to 60 months |
| Term Share-Secured |
3.00% Over the Dividend Rate on the Term Share* |
| *Loan term limited to remaining term on Term Share Account |
Rates are subject to change without notice. Rates shown may not apply to every borrower. Other rates and terms available. See Member Service for details.
Home Equity Loans
| Home Equity Fixed-Term Loan |
| Effective Date: 2/18/2009 |
| Term | APR as low as | Maximum | Minimum |
| 1-5 Years |
7.00% |
$200,000.00 |
$5,000.00 |
| 6-10 Years |
7.25% |
$200,000.00 |
$5,000.00 |
| 11-15 Years |
7.50% |
$200,000.00 |
$5,000.00 |
| Home Equity Line-of-Credit |
| Effective Date: 2/18/2009 |
| APR as low as* | Maximum | Minimum |
| 3.00% |
$200,000.00 |
$5,000.00 |
| * variable rate with Total Loan-to-Value equal to 70% or less |
Rates are subject to change without notice. Rates shown may not apply to every borrower. Other rates and terms available. See Member Service for details.
Home Mortgage Loans
| Fixed-Rate Mortgages |
| Effective Date: 5/14/2010 |
| Term | Rate | APR |
| 30-Year Fixed |
5.125% |
5.230% |
| 20-Year Fixed |
5.125% |
5.267% |
| 15-Year Fixed |
5.000% |
5.179% |
| 5-Year Balloon |
7.000% |
7.183% |
| 7-Year Balloon |
7.000% |
7.142% |
| Application Fee is non-refundable, due at time of application. Each 1% (of Loan Amount) buys down rate 1/4 of 1% on fixed-rate loan products. |
| Adjustable Rate Mortgages |
| Effective Date: 5/14/2010 |
| Term | Rate | APR |
| 1/1 Adjustable |
6.000% |
7.555% |
| 3/1 Adjustable |
6.250% |
7.347% |
| 5/1 Adjustable |
6.375% |
7.277% |
| Other Mortgage Programs |
| Effective Date: 5/14/2010 |
| Product | Rate/Fee Schedule |
| Bridge Loan Program |
Call for details! 517.787.2060, ext. 236 |
| Vacant Land Loan |
Call for details! 517.787.2060, ext. 236 |
| Construction Loan |
Call for details! 517.787.2060, ext. 236 |
Above fees are in addition to out-of-pocket expenses. Rates are subject to change without notice. Please contact our Mortgage Department for details.
Fee Schedule
| Checking Account Fees (applicable to all accounts) |
| Effective Date: 11/1/2009 |
| Item | Fee |
| Non-Sufficient Fund (NSF) |
$30.00/Item |
| Paid NSF |
$30.00/Item |
| Deposited Item Return |
$30.00/Item |
| Stop Payment |
$30.00/Item |
| Share Transfer |
$12.00/Item |
| Check Printing |
Price varies |
| Express Business Checking Accounts |
$5.00/Month w/225 items per stmt. &$.50/Item over 225 items |
| Elite Business Checking Accounts |
$12.00/Month if average daily balance falls below min. bal. requirement & $.65/Item over 450 items |
| Business Account Cash Deposits |
$.05/Strap of Currency & $.15/Roll of Coin |
| Second Chance Checking Fee |
$10.00/Month |
| EFT Fees |
| Effective Date: 11/1/2009 |
| Item | Fee |
| ACH Overdraft |
$30.00/Item |
| Paid ACH Overdraft |
$30.00/Item |
| Debit Card Overdraft |
$30.00/Item |
| Card Replacement |
$10.00/Card |
| Order Additional Card |
$10.00 |
| PIN Re-Order |
$5.00 |
| Recurring Outbound ACH Origination Set-Up |
$10.00 |
| Recurring Outbound ACH Origination Change |
$5.00 |
| One-Time Outbound ACH Origination Fee |
$5.00 |
| Other Service Fees |
| Effective Date: 5/1/2010 |
| Item | Fee |
| Home Equity Re-Write w/in 2 Yrs |
$200.00 |
| Levy/Garnishment |
$50.00 |
| Loan Re-Write w/in 2 Yrs |
$25.00 |
| Collection Re-Write |
$25.00 |
| Subordination |
$75.00 |
| Escheat |
$50.00 |
| Switch Account Numbers |
$30.00 |
| Overnight Mail |
$25.00/Item |
| Foreign Wire |
$40.00/Transfer |
| Domestic Wire |
$20.00/Transfer |
| Account Reconciliation |
$25.00/Hour |
| Account Research |
$20.00/Hour |
| Account Re-Open w/in 1 Yr |
$20.00 |
| Jt. Owner/Beneficiary Change |
$20.00/Request (in excess of 1 every 12 months) |
| Coin Counter Fee |
6% Members; 10% Non-Members |
| Verification of Deposit |
$10.00/Request |
| Closed Account w/in 180 Days of Open |
$20.00 |
| Includes all Savings, Checking, ATM & Check Cards and/or ATM Cards |
| Check Cashing Fee |
$20.00/Item* |
| *Check cashing fee waived for anyone under age 18; students over age 18; anyone over age 60; members with an EECU Checking Account, Loan, Direct Deposit or minimum $100.00 savings balance. |
| Cashier or Certified Check |
$5.00/Check |
| Statement Copy |
$5.00/Item |
| Check Copy |
$5.00/Check |
| Account Print Out |
$5.00/Month |
| Items Sent for Collection |
$2.00/Item |
| Post Office Address Change |
$2.00 |
| Money Orders |
$2.00 Each |
| Fax (outgoing) |
$1.00/Page |
| Photocopy |
$.10/Copy |
| Teller Checks |
$1.00/Check (If under $1,000.00 & made payable to other than member) |
| VISA Foreign Transaction |
1% of Transaction Amt. |
| VISA Over Limit Fee |
$30.00 |
| VISA Late Fee |
$30.00 |
| VISA Cash Advance Fee |
$30.00 (non-EECU VISA Credit Cards only) |
| Return Mail |
$2.00/Month (after 2 statements returned) |
| Inactive Account |
$5.00/Month (charged after 2 years & account balance less than $100.00) |
Top |
|
|
