 |
Current Rates
Savings Rates
| Savings Accounts |
| Effective Date: 1/1/2012 |
| Account Type | Rate* | APY** | Minimum |
| Savings Accounts |
0.15% |
0.15% |
$5.00 |
| Special Secondary Savings Accounts |
0.15% |
0.15% |
n/a |
| Holiday & Vacation Club Accounts |
0.15% |
0.15% |
n/a |
| Traditional Checking |
n/a |
n/a |
n/a |
| Green Checking |
0.30% |
0.30% |
n/a |
| Green Checking Bonus Dividend*** |
1.70% |
1.70% |
n/a |
| Individual Retirement Accounts (IRA) |
0.30% |
0.30% |
n/a |
| *Minimum balance must be met to earn dividend. **Annual Percentage Yield |
| ***To receive the Green Checking bonus dividend, member must perform a minimum of 15 signature-based debit card transactions per month and sign up for Online Banking, Bill Pay, e-Statements and Direct Deposit. |
| Advantage Checking Accounts |
| Effective Date: 3/24/2011 |
| Minimum | Rate* | APY** |
| $5,000.00 |
0.15% |
0.15% |
| $25,000.00 |
0.30% |
0.30% |
| $50,000.00 |
0.30% |
0.30% |
| *Minimum balance must be met to earn dividend. **Annual Percentage Yield |
| Preferred Savings Accounts |
| Effective Date: 3/24/2011 |
| Minimum | Rate* | APY** |
| $2,500.00 |
0.15% |
0.15% |
| $10,000.00 |
0.15% |
0.15% |
| $25,000.00 |
0.30% |
0.30% |
| *Minimum balance must be met to earn dividend. **Annual Percentage Yield |
| Safe & Secure Money Market Accounts |
| Effective Date: 3/24/2011 |
| Minimum | Rate* | APY** |
| $5,000.00 |
0.15% |
0.15% |
| $25,000.00 |
0.30% |
0.30% |
| *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: 5/3/2011 |
| Term | Rate | APY** |
| 3-Month Term Share Account* |
0.15% |
0.15% |
| 6-Month Term Share Account/ IRA Term Share Account * |
0.25% |
0.25% |
| 9-Month Term Share Account * |
0.25% |
0.25% |
| 12-Month Term Share Account/ IRA Term Share Account * |
0.50% |
0.50% |
| 18-Month Term Share Account/ IRA Term Share Account * |
0.50% |
0.50% |
| 24-Month Term Share Account/ IRA Term Share Account * |
0.75% |
0.75% |
| 30-Month Term Share Account * |
0.75% |
0.75% |
| 36-Month Term Share Account/ IRA Term Share Account * |
1.00% |
1.00% |
| 48-Month Term Share Account/ IRA Term Share Account * |
1.49% |
1.50% |
| 60-Month Term Share Account/ IRA Term Share Account * |
1.74% |
1.75% |
| *Minimum balance of $1,000.00. **Annual Percentage Yield |
Click here for TIS Term Share Disclosure
Consumer Loans
| New (2011) Cars, Trucks, Vans, Motorcycles, and Boats |
| Effective Date: 6/1/2011 |
| Term | APR* as low as** | Maximum | Minimum |
| 24 Months |
3.75% |
|
|
| 36 Months |
3.75% |
|
|
| 48 Months |
3.75% |
|
|
| 60 Months |
3.75% |
|
|
| 72 Months |
3.75% |
$50,000.00 |
$15,000.00 |
| 84 Months |
6.00% |
$50,000.00 |
$20,000.00 |
| *APR=Annual Percentage Rate. ** No Money Down. |
Click here for the Auto Loan Calculator
| Used (2010 & Older) Cars, Trucks, Vans, Motorcycles, and Boats |
| Effective Date: 6/1/2011 |
| Term | APR* as low as** | Maximum | Minimum |
| 24 Months |
3.75% |
|
|
| 36 Months |
3.75% |
|
|
| 48 Months |
3.75% |
$50,000.00 |
$5,000.00 |
| 60 Months |
3.75% |
$50,000.00 |
$10,000.00 |
| 72 Months |
3.75% |
$50,000.00 |
$15,000.00 |
| *APR=Annual Percentage Rate. ** No Money Down. |
Click here for the Auto Loan Calculator
| New (2011) Recreational Vehicles |
| Effective Date: 6/1/2011 |
| 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 |
| *APR=Annual Percentage Rate. ** Maximum Loan-to-Value is 50%. |
Click here for the Auto Loan Calculator
| Used (2010 & Older) Recreational Vehicles |
| Effective Date: 6/1/2011 |
| Term | APR* as low as** | Maximum | Minimum |
| 24 Months |
8.75% |
|
|
| 36 Months |
9.00% |
|
|
| 48 Months |
9.25% |
|
|
| 60 Months |
9.50% |
|
|
| *APR=Annual Percentage Rate. ** Maximum Loan-to-Value is 50%. |
Click here for the Auto Loan Calculator
| Line-of-Credit Loans |
| Effective Date: 6/1/2011 |
| 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 |
| *APR=Annual Percentage Rate. |
Click here for Loan Calculator
| Unsecured Loans |
| Effective Date: 6/1/2011 |
| 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 |
| *APR=Annual Percentage Rate. |
Click here for Loan Calculator
| Other Secured Loans |
| Effective Date: 6/1/2011 |
| Product | Rate |
| Share-Secured |
8.250% - Maximum term limited to 60 months |
| Term Share-Secured |
3.00% (300 basis points) 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.
Click here for Loan Calculator
Home Equity Loans
| Home Equity Fixed-Term Loan |
| Effective Date: 6/3/2011 |
| 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 |
Click here for Loan Calculator
| Home Equity Line-of-Credit |
| Effective Date: 6/3/2011 |
| 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.
Click here for Loan Calculator
Home Mortgage Loans
| Mortgage Programs |
| Effective Date: 6/3/2011 |
| Mortgage Programs | Rate | APR |
| 30-Year Fixed-Rate Mortgage* |
5.000% |
5.091% |
| 20-Year Fixed-Rate Mortgage* |
5.000% |
5.123% |
| 15-Year Fixed-Rate Mortgage* |
4.875% |
5.031% |
| 5 -Year Balloon Mortgage* |
7.000% |
7.183% |
| 7-Year Balloon Mortgage* |
7.000% |
7.142% |
| 1/1 Adjustable Rate Mortgage* |
6.000% |
7.555% |
| 3/1 Adjustable Rate Mortgage* |
6.250% |
7.347% |
| 5/1 Adjustable Rate Mortgage* |
6.375% |
7.277% |
| 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. APR based on a down payment of 20% of the sales price or appraised value, whichever is less. |
Click here for Loan Calculator
| Mortgage Fee Schedule |
| Fee Schedule* | Amount |
| Application Fee |
$450.00 |
| Origination Fee |
$575.00 |
Click here for Loan Calculator
| Other Mortgage Programs |
| Effective Date: 6/3/2011 |
| 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.
Click here for Loan Calculator
Fee Schedule
| Checking Account Fees (applicable to all accounts) |
| Effective Date: 8/1/2011 |
| Item | Fee |
| Non-Sufficient Fund (NSF) |
$30.00/Item |
| Courtesy Pay Fee** |
$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 & $.25/Item over 450 items |
| Business Account Cash Deposits |
$.05/Strap of Currency & $.15/Roll of Coin |
| Second Chance Checking Fee |
$10.00/Month |
| *Fees may reduce earnings on accounts. **$30.00 standard Courtesy Pay fee applies for each non-sufficient fund item paid and created by check writing, ATM withdrawals, Debit Card transactions or other electronic means including ACH transactions. The amount of any overdrafts, plus courtesy pay fee(s) are due and payable upon notification from EECU, and must be paid in full within 30 days. EECU’s Courtesy Pay service is non-contractual and discretionary. We reserve the right to solely approve Courtesy Pay for member accounts in good standing and may limit the number of eligible accounts to one per household. EECU has the right to cancel Courtesy Pay anytime and without notice. EECU provides Savings overdraft protection as an alternative form of overdraft protection. |
| EFT Fees |
| Effective Date: 8/1/2011 |
| 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 |
$3.00 (in-branch or vendor generated) |
| Recurring Outbound ACH Origination Set-Up |
$10.00 |
| Recurring Outbound ACH Origination Change |
$5.00 |
| One-Time Outbound ACH Origination Fee |
$5.00 |
| *Fees may reduce earnings on accounts. **$30.00 standard Courtesy Pay fee applies for each non-sufficient fund item paid and created by check writing, ATM withdrawals, Debit Card transactions or other electronic means including ACH transactions. The amount of any overdrafts, plus courtesy pay fee(s) are due and payable upon notification from EECU, and must be paid in full within 30 days. EECU’s Courtesy Pay service is non-contractual and discretionary. We reserve the right to solely approve Courtesy Pay for member accounts in good standing and may limit the number of eligible accounts to one per household. EECU has the right to cancel Courtesy Pay anytime and without notice. EECU provides Savings overdraft protection as an alternative form of overdraft protection. |
| Other Service Fees |
| Effective Date: 8/1/2011 |
| 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 |
| US Postage Stamps |
$1.00/Book over current government pricing |
| Foreign Wire |
$40.00/Transfer |
| Domestic Wire |
$30.00/Transfer |
| Account Reconciliation |
$25.00/Hour by appointment only |
| Account Research |
$10.00 min. or $30.00/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 13 Months 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 |
| CU Document Copy Fee |
$5.00/Item (Including but not limited to statement, check & 1099 copies and account print outs) |
| Payment Booklets |
Price varies |
| Fax Loan Payoff Request |
$20.00/Request |
| 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 |
| VISA Foreign Transaction |
1% of Transaction Amt. |
| VISA Over Limit Fee |
$25.00 |
| VISA Late Fee |
$25.00 |
| 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) |
| *Fees may reduce earnings on accounts. **$30.00 standard Courtesy Pay fee applies for each non-sufficient fund item paid and created by check writing, ATM withdrawals, Debit Card transactions or other electronic means including ACH transactions. The amount of any overdrafts, plus courtesy pay fee(s) are due and payable upon notification from EECU, and must be paid in full within 30 days. EECU’s Courtesy Pay service is non-contractual and discretionary. We reserve the right to solely approve Courtesy Pay for member accounts in good standing and may limit the number of eligible accounts to one per household. EECU has the right to cancel Courtesy Pay anytime and without notice. EECU provides Savings overdraft protection as an alternative form of overdraft protection. |
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